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Latest News on private equity markets

Ralph Nader says SEC should look into trading in Tesla based on the stock's recent spike higher

"I think the Securities and Exchange Commission should pay attention to the protection of investors here," Nader said.

5 years ago

Exclusive: Kia in talks over moving $1.1 billion plant to another Indian state - sources

South Korea's Kia Motors is discussing with the Indian state of Tamil Nadu the possibility of moving a $1.1 billion plant out of neighboring Andhra Pradesh only months after it fully opened, due to policy changes last year, sources close to the talks told Reuters.



5 years ago

France's BNP Paribas on prowl for further European expansion

BNP Paribas is looking for further opportunities to expand its investment banking franchise in Europe and fortify its lead over local rivals after last year taking over Deutsche Bank's electronic equity and prime broking operations.



5 years ago

LendEDU engaged in a pay-to-play ratings scheme. It was 'greed and deception,' regulator says

The Federal Trade Commission alleged that online marketplace LendEDU, which compares loans, credit cards and insurance for consumers, engaged in a pay-to-play scheme that distorted its rankings and misled the public.

5 years ago

LinkedIn CEO Jeff Weiner to step down

Professional networking platform LinkedIn's chief executive officer, Jeff Weiner, said on Wednesday that he would step down from his position effective June 1.



5 years ago

Wall Street rises on strong data; Tesla limits Nasdaq's advance

Wall Street rallied for a third straight day on Wednesday after a clutch of positive data painted a stronger picture of the U.S. economy but the Nasdaq pulled back from record levels as losses in Tesla shares weighed.



5 years ago

Texas AG says break-up, all other remedies on the table in Google probe

Texas Attorney General Ken Paxton, who is leading a multistate investigation into Alphabet Inc's Google unit, said on Wednesday he has not taken any possible punishment off the table, including breaking up the search and advertising giant.



5 years ago

Ralph Nader says SEC should probe Tesla trading based on the stock's recent spike higher

"I think the Securities and Exchange Commission should pay attention to the protection of investors here," Nader said.

5 years ago

Are you a good tipper? Here's how to tell whether you're truly generous.

When asked, most Americans will say they are great tippers. But when it comes down to it, new research shows baby boomers are more likely to give. Here's how to tell whether you're truly generous.

5 years ago

Oil prices jump 4% after reports of coronavirus drug breakthrough

Oil prices jumped about 4% on Wednesday on media reports that scientists had found a drug breakthrough for the fast-spreading coronavirus, an outbreak that continues to weigh heavily on global economic activity and oil demand.



5 years ago

Stodgy utilities competing with tech stocks for hottest sector in the market right now

The strong start to 2020 for utilities extended a run of outperformance for the sector that began in 2018.

5 years ago

Ackman's Pershing Square exits Starbucks, sticks by Chipotle, sees gains at Agilent

Investor William Ackman told clients on Wednesday that Pershing Square Capital Management exited its Starbucks Corp position as future growth looks less robust but will stick with last year's biggest winner, Chipotle Mexican Grill Inc. .



5 years ago

Uber wins appeal in Brazil, court says drivers are not employees

A superior labor court in Sao Paulo state ruled on Wednesday that there is no employment relationship between Uber and its drivers, siding with the ride hailing company against a driver in the Guarulhos district.



5 years ago

Wall Street rises on strong domestic data; Tesla limits Nasdaq's advance

Wall Street rallied for a third straight day on Wednesday after a clutch of positive data pointed to strength in the U.S. economy, but losses in Tesla shares pulled the Nasdaq off its record high.



5 years ago

Tesla tumbles as coronavirus weighs on Shanghai factory

Shares of Tesla tumbled 19% on Wednesday, hitting the brakes on a dramatic rally after a senior executive warned the coronavirus outbreak in China would delay deliveries of Model 3 cars made at its Shanghai plant.



5 years ago