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Latest News on private equity markets

Boeing 777X fuselage split during September stress test: Seattle Times

The fuselage of Boeing Co's upcoming 777X aircraft was split by a high-pressure rupture just as it approached its target stress level during a test in early September, the Seattle Times reported on Wednesday.



4 years ago

Exclusive: AB Inbev explores options for packaging ops - sources

Anheuser-Busch InBev , the world's largest brewer, is exploring options for its packaging activities as it streamlines its portfolio and focuses on its core beverage business, sources close to the matter said.



4 years ago

Facebook must face data breach class action on security, but not damages: judge

A federal judge said up to 29 million Facebook Inc users whose personal information was stolen in a September 2018 data breach cannot sue as a group for damages, but can seek better security at the social media company after a series of privacy lapses.



4 years ago

Blackstone's Byron Wien says stocks have 'room to move up' and this is 'nothing like 2006 or 1999'

The market's rally may be far from over as low interest rates keep valuations in an attractive place, Wall Street legend Byron Wien says.

4 years ago

Robust data, trade deal hopes push Wall Street to record levels

Wall Street's main indexes notched fresh record highs on Wednesday, as data pointed to a resilient domestic economy and investors remained optimistic about a resolution to the U.S.-China trade war.



4 years ago

Global stocks near record highs on trade hopes, dollar gains

The U.S. dollar rose and a gauge of global equities pushed closer to an all-time high on Wednesday after a batch of U.S. economic data brightened the economic outlook and investors remained bullish on the prospect of a U.S.-China trade accord.



4 years ago

Robinhood pulls bank charter application as fintechs face hurdles to disrupting financial system

Robinhood is no longer looking to become a federally insured bank.

4 years ago

Oil edges lower after U.S. crude and gasoline build

Oil eased on Wednesday after a report showing U.S. crude inventories grew unexpectedly last week and gasoline stocks surged, but losses were limited by optimism that a U.S.-China trade deal would be reached soon.



4 years ago

Strong data, trade optimism propel Wall Street to record levels

Wall Street's main indexes hit record highs on Wednesday ahead of the Thanksgiving holiday, as fresh data pointed to a resilient domestic economy, while investors remained optimistic about a resolution to U.S.-China trade tensions.



4 years ago

U.S. economy picks up in third-quarter; data surprise on the upside

U.S. economic growth picked up slightly in the third quarter, rather than slowing as initially reported, and there are signs the downturn in business investment may be drawing to a close.



4 years ago

Boeing 777X fuselage split during September stress test

The fuselage of Boeing Co's upcoming 777X aircraft was split by a high-pressure rupture just as it approached its target stress level during a test in early September, Boeing said on Wednesday.



4 years ago

Mexican official floats prospect of labor tweak for trade deal

Adjustments could be made to how labor disputes are handled in the new United States-Mexico-Canada Agreement (USMCA) trade deal to help push through its ratification in the United States, Mexican deputy foreign minister Jesus Seade said on Wednesday.



4 years ago

U.S. economy growing modestly, labor market still tight: Fed report

The U.S. economy expanded modestly from October to mid-November and the outlook for growth was generally positive while labor markets remained tight across the country, the Federal Reserve said in a report on Wednesday.



4 years ago

Top U.S. retailers absorb tariff pressure ahead of holiday shopping season

Prices for electronics sold online at top U.S. retailers were up slightly heading into the critical U.S. shopping season, but sites including Walmart Inc and Amazon.com Inc have held prices steady for many other popular holiday products despite the pressure from tariffs on Chinese imports.



4 years ago

Oil slips after U.S. crude build and record production

Oil eased on Wednesday after a report showing U.S. crude inventories grew unexpectedly last week, while gasoline stocks surged and production hit another record.



4 years ago