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Latest News on private equity markets

Ghosn: I thought Versailles palace party venue was a gift

Former Nissan-Renault boss Carlos Ghosn said on Wednesday he had not initially paid to hold a family party in the grounds of the sumptuous Versailles Palace because he thought the palace was offering him the use of the venue for free.



5 years ago

Oil dives on soothing words from U.S., Iran and on U.S. crude build

Oil futures fell near 4% on Wednesday in a wild swing, soaring close to a four-month high in early trade on an Iranian rocket attack on U.S. forces in Iraq but then retreating as the countries quickly ratcheted back tensions.



5 years ago

McDonald's expands Beyond Meat plant-based burger trials in Canada

McDonald's Corp said on Wednesday it will expand its trial in Canada of vegan burgers made by Beyond Meat as the world's biggest fast food chain tests the viability of a broader rollout.



5 years ago

Lyft and Chase to offer credit card ride-hailing rewards

Lyft Inc on Wednesday said it has teamed up with JPMorgan Chase & Co to offer extended rewards to Chase customers using their credit cards to pay for Lyft rides.



5 years ago

Wall Street usually shakes off volatility from US-Iran conflicts, history shows

The latest bout of volatility stemming from rising tensions between Iran and the U.S. could be short-lived, if history is any indication.

5 years ago

Massachusetts is considering its own investor protection rule. Brokerage and insurance groups oppose it

A new rule from the SEC will hold broker-dealers to a best-interest standard. But critics say it doesn't go far enough to create one industry-wide fiduciary standard. Now Massachusetts is looking to enforce such a rule within its own borders. Will other states follow?

5 years ago

Would consider traveling to France with guarantees: Ghosn

Former Nissan boss Carlos Ghosn, asked in a French television interview if he would be willing to face trial in France, says he would maybe travel if he knew he would not face problems at the border.



5 years ago

Stocks climb in the 'first five days' indicator, sending bullish signal for 2020

If stocks perform well in the first five sessions of a given year, the market is often up at year-end, according to the "first five days" rule.

5 years ago

Ghosn: Seeds of Renault-Nissan crisis were sown by Macron's move

Ex-Nissan boss Carlos Ghosn said on Wednesday that a surprise corporate move, orchestrated five years ago by French President Emmanuel Macron who was then economy minister, soured relations between Renault and Nissan and contributed to his ouster.



5 years ago

Saudi Aramco shares hit new low on U.S.-Iran tensions; debt markets steady

Saudi Aramco shares hit a new low on Wednesday after Iran launched missiles against U.S. bases in Iraq, but Gulf debt markets were stable as some had feared stronger action in retaliation for the killing of an Iranian military commander.



5 years ago

Crisis-hardened markets have learned to look past military flare-ups

Iran's missile attack on U.S. army bases in Iraq overnight sent gold blasting above $1,600 an ounce, boosted the Japanese yen by almost 1% and oil by $3 a barrel.



5 years ago

Here's a breakdown of the new income tax changes

New tax changes for 2020 give taxpayers the opportunity to save more for retirement and health-care expenses, take a bigger deduction on their individual tax return and fine-tune how much tax is withheld from their pay, which could result in larger refunds next year.

5 years ago

Seeking justice: the legal risks facing fugitive Carlos Ghosn

Carlos Ghosn said on Wednesday he was the victim of a conspiracy to oust him from the helm of automaker Nissan and escaped from Japan because he could not defend himself against baseless charges of financial misconduct.



5 years ago

Takata recalls 10 million U.S. replacement air bag inflators

Takata is recalling 10 million replacement air bag inflators in the United States, the largest ever auto safety recall in history, as U.S. regulators consider whether to make it even wider.



5 years ago

U.S. outlines strong support for self-driving cars at CES

The Trump administration on Wednesday signaled strong support for self-driving vehicles as it released new guidance from federal agencies at the annual CES tech conference.



5 years ago