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Latest News on private equity markets

Here's why dropping Medicare for employer coverage may come with snags

If you're a retiree on Medicare who's heading back to work and now has the option of employer coverage, be sure you know the rules that come with the move.

5 years ago

Elon Musk rips Tesla analysts, says individual investors 'have better insights' than Wall Street

Tesla CEO Elon Musk doesn't have a lot of love for Wall Street.

5 years ago

Altria takes another $4 billion hit on Juul investment, revises deal terms

Altria Group Inc took another $4 billion charge on its investment in Juul Labs Inc and said it had reworked its deal terms with the embattled e-cigarette maker, which is facing increased regulatory scrutiny amid a backlash against vaping.



5 years ago

S&P 500 earnings for fourth quarter 2019 seen increasing over a year earlier

Earnings for S&P 500 companies are seen increasing for the fourth quarter over a year earlier, according to IBES data from Refinitiv.



5 years ago

Oil falls 2% as China virus cases surpass SARS total

Oil prices fell 2% on Thursday to the lowest in three months on concerns over the potential economic impact of the coronavirus that continues to spread worldwide, while the market also considered the possibility of an early OPEC meeting.



5 years ago

Russia's first McDonald's scraps 30th anniversary giveaway due to coronavirus fears

Russia's first McDonald's restaurant has scrapped a plan to sell Big Mac burgers for virtually nothing to mark its 30th anniversary over fears it would attract huge crowds, which authorities have advised against due to coronavirus fears.



5 years ago

S.Africa's struggling carrier SAA to cut flights to ease cash flow

Cash-strapped state carrier South African Airways (SAA) said on Thursday it would "cancel and consolidate selected flights" to lower costs, days after it received a 3.5 billion rand ($244 million) government bailout to ease a mounting cash-flow crunch.



5 years ago

Coke, Fuze tea demand drive Coca-Cola's revenue beat, shares hit record high

Coca-Cola Co's quarterly revenue beat market expectations on Thursday, driven by demand for the beverage maker's signature soda, flavored Cokes and Fuze teas, sending its shares up as much as 2.8% to a record high.



5 years ago

Companies Trump said would create thousands of jobs have failed to deliver

In his first address to the U.S. Congress, President Donald Trump hailed General Motors Co, Harley-Davidson Inc, Intel Corp and seven other companies as innovators and job creators, predicting they would be among those producing "tens of thousands of new American jobs" and investing "billions and billions of dollars."



5 years ago

How to score the best deal on a new TV before the Super Bowl

Historically, TV prices approach their lowest point right before Super Bowl Sunday. If you are in the market for a new set, here are the best deals.

5 years ago

Mastercard wants to give you fast access to cash — using only your cell phone

Mastercard and a technology partner are rolling out a service called Mastercard Cash Pick-Up, which gives anyone with a cell phone — even those without a bank account — the ability to withdraw cash from an ATM.

5 years ago

Southwest disputes U.S. government audit on safety lapses, shares slide

Southwest Airlines on Thursday disputed the findings of a draft U.S. government audit that claimed the U.S. carrier failed to prioritize safety by flying millions of passengers on used jets whose documentation made it impossible for regulators to determine if required maintenance had been completed.



5 years ago

Current U.S. earnings season points to growth, defying expectations

Earnings for S&P 500 companies are seen increasing for the fourth quarter over a year earlier, according to IBES data from Refinitiv.



5 years ago

Aston Martin calls board meeting to decide on fundraising: FT

Luxury British carmaker Aston Martin has called a board meeting in which it may decide between two potential investors for an emergency fundraising, the Financial Times reported on Thursday.



5 years ago

Tesla directors settle, isolating Musk as SolarCity trial looms

Directors of Tesla Inc settled a shareholder lawsuit over its 2016 acquisition of SolarCity Corp, leaving Chief Executive Officer Elon Musk as the lone defendant facing claims that Tesla paid $2.6 billion for a worthless solar system installer, according to court documents.



5 years ago