Latest News on private equity markets

BlackRock takes middle ground on shareholder resolution reforms

BlackRock takes middle ground on shareholder resolution reforms

BlackRock Inc cited the value and costs of shareholder proposals in a letter to regulators weighing reforms to the proxy process, taking a middle ground in a hotly contested rulemaking process.



6 years ago
Software update to address 737 MAX indicator light issue will not delay return schedule - Boeing

Software update to address 737 MAX indicator light issue will not delay return schedule - Boeing

Boeing Co said Thursday that a new software update to address an indicator light issue on the grounded 737 MAX will not impact its mid-2020 estimate for the plane's return to service.



6 years ago
Wall Street up for fourth day as China moves to limit coronavirus impact

Wall Street up for fourth day as China moves to limit coronavirus impact

U.S. stocks rose for a fourth straight session on Thursday on China's efforts to contain the economic fallout from the coronavirus outbreak, while investors assessed a mixed batch of corporate earnings.



6 years ago
Oil prices flat; OPEC+ mulls supply cut as virus hits demand

Oil prices flat; OPEC+ mulls supply cut as virus hits demand

Oil futures gave up early gains on Thursday, as OPEC and its partner Russia gave mixed signals about possible further output cuts to mitigate fallout from the coronavirus outbreak that has amplified concerns about weakened global oil demand.



6 years ago
WTO sides against U.S. over its tariffs on Canadian paper

WTO sides against U.S. over its tariffs on Canadian paper

World Trade Organization arbiters sided against the United States on Thursday over duties it had applied on Canadian paper in one of the final verdicts of the WTO's appeals body.



6 years ago
Tesla passes Apple as No. 1 holding on SoFi as young investors rush into surging stock

Tesla passes Apple as No. 1 holding on SoFi as young investors rush into surging stock

Young retail investors rushed into Tesla stock as it hit all time highs this week.

6 years ago
Pizza-toting robots: U.S. lets Nuro deploy driverless delivery vehicles

Pizza-toting robots: U.S. lets Nuro deploy driverless delivery vehicles

In a first-of-its-kind approval by U.S. regulators, a federal agency on Thursday gave permission for autonomous vehicle startup Nuro Inc over the next two years to deploy up to 5,000 low-speed electric delivery vehicles without human controls like mirrors and steering wheels.



6 years ago
Toyota plans to make 100,000 pickups a year at new Mexican plant

Toyota plans to make 100,000 pickups a year at new Mexican plant

Toyota Motor Corp will ramp up production at its new Mexican plant to 100,000 vehicles a year by 2021, marking a major step to shift production of its popular Tacoma pickup truck to Mexico from the United States, the company said on Thursday.



6 years ago
U.S. trade panel opens patent probe into Google speakers after Sonos complaint

U.S. trade panel opens patent probe into Google speakers after Sonos complaint

The U.S. International Trade Commission said on Thursday it was launching a patent investigation into certain audio players and controllers sold by Alphabet Inc's Google LLC based on a complaint by rival smart speaker maker Sonos Inc .



6 years ago
Despite coronavirus fears, a fast recovery is predicted for your 401(k) plan

Despite coronavirus fears, a fast recovery is predicted for your 401(k) plan

History shows that stocks typically snap back fairly quickly from disease outbreaks.

6 years ago
Canadian agency asks federal court to declare Facebook contravened privacy law

Canadian agency asks federal court to declare Facebook contravened privacy law

Canada's privacy commissioner asked a federal court to declare that Facebook had broken federal privacy law for the private sector, according to a notice of application filed on Thursday.



6 years ago
New 737 MAX software flaw found during tests; Boeing sticks to return timeline

New 737 MAX software flaw found during tests; Boeing sticks to return timeline

Flight testers discovered another flaw in the software of Boeing Co's grounded 737 MAX, the plane that suffered two fatal crashes, though the company and the top U.S. aviation regulator said on Thursday the issue most likely could be fixed without extending the target date for the plane's return to service.



6 years ago
China to halve tariffs on some U.S. imports as coronavirus risks grow

China to halve tariffs on some U.S. imports as coronavirus risks grow

China on Thursday said it would halve additional tariffs levied against 1,717 U.S. goods last year, following the signing of a Phase 1 deal that defused a bruising trade war between the world's two largest economies.



6 years ago
Wall Street scales new highs as China moves to limit coronavirus impact

Wall Street scales new highs as China moves to limit coronavirus impact

U.S. stocks advanced for the fourth straight session on Thursday with the S&P 500 and Dow Industrials hitting record highs on China's efforts to contain the economic fallout of the coronavirus outbreak.



6 years ago
Musk's SpaceX plans spinoff, IPO for Starlink: Bloomberg

Musk's SpaceX plans spinoff, IPO for Starlink: Bloomberg

Elon Musk's SpaceX plans to spin off its internet venture, Starlink and pursue an initial public offering for the unit, Bloomberg reported on Thursday, citing the rocket company's chief operating officer, Gwynne Shotwell.



6 years ago