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Latest News on private equity markets

What deeper OPEC+ oil output cuts mean for the market

OPEC and allied oil producers plan deeper oil output cuts to help avert oversupply and support prices in the first quarter of 2020.



4 years ago

Wall Street jumps after bumper jobs data, upbeat tone on trade

U.S. stocks advanced on Friday as a strong jobs report and upbeat comments from President Donald Trump on trade talks with China breathed new life into markets after a roller-coaster week.



4 years ago

Strong U.S. job growth highlights economy's resilience

U.S. job growth increased by the most in 10 months in November as former striking workers returned to General Motors' GM.N payrolls and the healthcare industry boosted hiring, the strongest sign yet the economy was not in danger of stalling.



4 years ago

Aston Martin not actively pursuing new investors as opens SUV plant

Aston Martin , which was reported this week to be the target of Canadian billionaire Lawrence Stroll, said it was not actively pursuing new investors on Friday as it opened a new factory to build its first sport utility vehicle.



4 years ago

T-Mobile is eyeing a price cut in its merger with Sprint, sources say

T-Mobile is considering a cut to its multibillion merger with Sprint, people familiar with the matter tell CNBC's David Faber.

4 years ago

Bayer reaches agreement to postpone more glyphosate lawsuits for settlement talks

Germany's Bayer has agreed with plaintiffs to postpone its next two U.S. lawsuits over the alleged cancer-causing effects of its glyphosate-based weed killers to allow more time for talks on a settlement.



4 years ago

Three keys to avoiding new debt with a new baby

When a new baby is on the way it is a joyous time, but it is also a time to plan ahead so the costs and financial challenges don't lead you into debt, from strollers to car seats, child care and education.

4 years ago

U.S. looking into 1MDB settlement with Goldman of less than $2 billion: Bloomberg TV

The United States is discussing a settlement with Goldman Sachs over the 1MDB investment fund scandal for less than $2 billion, Bloomberg TV reported on Friday.



4 years ago

Stocks rally, dollar gains on robust U.S. jobs data

The dollar rose and global equity markets rallied on Friday after data showed U.S. job growth increased by the most in 10 months in November, putting to rest fears of recession and briefly taking the spotlight off the U.S.-China trade talks.



4 years ago

Saudi, Russia push through deeper new oil cuts

By Shadia Nasralla, Olesya Astakhova and Bozorgmehr Sharafedin



4 years ago

U.S. lawmaker says Uber must take action after disclosing sexual assault reports

The chairman of the House Transportation and Infrastructure Committee urged Uber Technologies Inc to take action after the company disclosed Thursday it received over 3,000 reports of sexual assault related to its 1.3 billion rides in the United States last year.



4 years ago

For people with student debt, 2020 could be the year everything changes

Presidential campaign proposals and recently introduced legislation aim to rewrite the rules around student loan interest, repayment and refinancing.

4 years ago

HSBC’s plan to move $20B in assets to blockchain could be a watershed moment

Computerworld | Lucas Mearian | Dec 6, 2019 The investment bank's trust of blockchain is likely to spur confidence in the nascent technology. Investment bank HSBC Holdings is using a blockchain distributed ledger technology (DLT) to digitize transaction records of private investments, enabling clients globally to access the details of their assets online in near

4 years ago

Elon Musk defamation trial in homestretch, jury may get case Friday

Elon Musk arrived on Friday at a federal court in Los Angeles looking relaxed in a dark-colored suit, as a trial over whether the Tesla founder defamed a British cave explorer with tweets suggesting he was a pedophile approached its end.



4 years ago

U.S. agencies looking into Goldman-1MDB settlement below $2 billion: Bloomberg

Goldman Sachs Group Inc could end up paying less than $2 billion to resolve criminal and regulatory probes over its role in raising money for scandal-ridden Malaysian investment fund 1MDB, Bloomberg reported on Friday, citing three people familiar with the negotiations.



4 years ago