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Latest News on private equity markets

Stocks extend record rally, sterling endures rough week

A year-end rally in global equity markets extended gains on Friday, helped by data showing relatively strong U.S. growth, while sterling headed toward its worst week in more than two years on concerns over how Britain will leave the European Union.



5 years ago

FCA sticks to investment plan for Italy, no redundancies: unions

Fiat Chrysler will stick to its 5 billion euro ($5.5 billion) 2020 investment plan for Italy, union officials said on Friday, adding that the group had confirmed a pledge to get all employees off furlough arrangements and back to work by 2022.



5 years ago

House passes bill to lift $10,000 cap on state and local tax deductions

The House narrowly passed a measure to repeal the $10,000 limit on state and local tax deductions, but the legislation is unlikely to survive in the Senate. Nevertheless, taxpayers may see the concept make a comeback in 2020.

5 years ago

Cramer: None of the Democrats at the debate seem to care about your retirement savings

"None of those candidates, I find, is really interested in your 401(k)," the "Mad Money" host says.

5 years ago

Disappointing FedEx will reward patient investors, says Michael Farr in his top 10 stock picks for 2020

Investment pro Michael Farr unveils his top 10 stock picks for 2020

5 years ago

US Steel sinks after it says it will lay off 1,500 and cut its dividend to 1 cent

U.S. Steel headed for one of its worst days of 2019 on Friday after it cut its dividend and announced plans to lay off about 1,500 workers.

5 years ago

Spirit AeroSystems to freeze parts production for 737 MAX as Boeing woes spread

Boeing's top supplier Spirit AeroSystems Inc said on Friday it would stop making fuselages for the grounded 737 MAX jets, the first major indication of disruption spreading to the planemaker's suppliers facing thousands of potential layoffs.



5 years ago

Fiat Chrysler unions received assurances on jobs, investment after merger

Unions at carmaker Fiat Chrysler said management had given assurances at a meeting on Friday on jobs and a 5 billion euro ($5.54 billion) investment plan in Italy following the group's planned merger with French rival PSA .



5 years ago

Oil falls but on track for third weekly rise on trade hopes

Oil was down about 1% on Friday, but prices were set for a third straight weekly gain amid the easing of U.S.-China trade tensions, which has boosted business confidence and the outlook for global economic growth.



5 years ago

Regulators want to make it easier for Americans to buy risky investments

The SEC proposed a rule that would expand the pool of so-called accredited investors, who are permitted to buy investments such as private equity, hedge funds, venture capital funds and stock in start-ups.

5 years ago

Wall Street rides trade optimism, healthy consumer spending to record highs

The S&P 500 extended its run of record highs for the seventh straight session on Friday, its longest streak in over two years, as investor optimism continued on improving U.S.-China trade relations and strength in domestic consumer spending.



5 years ago

United Airlines pulls Boeing 737 MAX jets until early June

United Airlines Holdings Inc said on Friday it is extending cancellations of Boeing 737 MAX flights from early March until June 4, the longest that any U.S. carrier is scheduling without the grounded aircraft.



5 years ago

Alberta Government exploring flow-through shares for tech sector in absence of cancelled tax credits

Calgary Herald | Amanda Stephenson | Dec 19, 2019 After eliminating a suite of business tax credit programs in this fall’s provincial budget, the UCP government is now considering allowing startup technology companies to issue flow-through shares as way to help attract capital investment to the rapidly growing sector. The government has established a working

5 years ago

France fines Google 150 million euros for opaque advertising rules

France's competition watchdog fined Google 150 million euros ($167 million) on Friday for abusing its power over the treatment of advertisers, saying it applied opaque rules and changed them at will.



5 years ago

United cancels 737 MAX flights into June as Spirit AeroSystems to freeze parts production

United Airlines Co is extending its cancellations of Boeing 737 MAX flights until June 4 as Boeing's top supplier, Spirit AeroSystems Inc, said it would stop making fuselages for the grounded jets.



5 years ago