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Latest News on private equity markets

ViacomCBS to take 49% stake in film studio Miramax for $375 million

Media company ViacomCBS Inc said on Friday it would take a 49% stake in film studio Miramax, owned by Qatar's BeIN Media Group, for $375 million.



5 years ago

France fines Google $167 million for opaque ad platform rules

France's competition watchdog on Friday fined Google 150 million euros ($167 million) for abusing its dominant market position by applying opaque and unpredictable rules on its Google Ads advertising platform.



5 years ago

Wall Street opens at record high as trade optimism persists

U.S. stock indexes opened at record highs on Friday amid optimism over a further winding down in Sino-U.S. trade tensions, starting with an interim deal due to be inked in January.



5 years ago

FCA union says keeping plants open doesn't mean guaranteeing jobs

The head of the one of the main union groups at Fiat Chrysler said on Friday a pledge by the Italian-American carmaker and France's PSA not to shut plants under their recently announced merger deal does not guarantee job levels will stay the same.



5 years ago

AirPods were a $6 billion business for Apple this year and will be even bigger next year, top analyst says

Sales of Apple's wireless headphones are poised to grow by 150% in 2020, according to a top analyst from Bernstein.

5 years ago

Boss wants to help pay your student loans? Sounds great, but there may be limits

Assistance with paying off employee student loan debt is becoming more common as a workplace benefit. Here's what you need to know.

5 years ago

U.S. third-quarter growth unrevised; consumer spending strong

U.S. economic growth nudged up in the third quarter, the government confirmed on Friday, and there are signs the economy more or less maintained the moderate pace of expansion as the year ended, supported by a strong labor market.



5 years ago

Take Five: Ding dong markets merrily on high

As end-December approaches, money market players' thoughts may be turning to a September scare, when rates in the $2.2 trillion U.S. repurchase or repo market spiked to 10%, boosting the premium to borrow dollars. The fear is a bigger crunch may erupt in the $2.2 trillion U.S. repo market towards year-end, a period when banks lend less and trading volumes fall.



5 years ago

Wall Street analysts bullish over Nike's digital growth, look past margin weakness

Wall Street analysts were upbeat about Nike Inc's long-term growth, encouraged by the sportswear maker's robust online sales and strength in China that helped overcome slowing demand in North America, its biggest market.



5 years ago

Wall Street rides trade optimism to record highs

U.S. stocks inched to fresh record highs on Friday, as investors remained optimistic about improving trade relations between Washington and Beijing in the run-up to the holiday season.



5 years ago

U.S. economy grows steadily in third quarter; consumer spending solid in November

U.S. economic growth nudged up in the third quarter, the government confirmed on Friday, and there are signs the economy more or less maintained the moderate pace of expansion as the year ended, supported by a strong labor market.



5 years ago

U.S. Justice Department and FCC fight state effort to block merger of Sprint, T-Mobile

The U.S. Justice Department and Federal Communications Commission filed in court on Friday to support a merger of T-Mobile and Sprint , the third and fourth largest wireless carriers.



5 years ago

How to spend your retirement savings without paying a tax penalty

The IRS requires savers to make withdrawals from their retirement accounts at a certain age. Here's what you need to know.

5 years ago

Just Eat food fight nears end as it backs Takeaway's final offer

Just Eat backed a final 5.5 billion pound ($7.2 billion) all-share offer from Takeaway.com on Friday, saying a tie-up to create one of the leading online food delivery companies was more compelling than a rival cash bid from Prosus.



5 years ago

It's time to take money from your retirement savings. How to get it right

Congress passed a bill that would allow retirement savers to wait longer to start drawing down their money. They currently have to do so at 70½, but they might have until 72 now.

5 years ago