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Latest News on private equity markets

Nearly 40% of Facebook's valuation is on the line from regulatory risk, HSBC says

Regulators from the U.S. and abroad have flagged privacy, regulatory and antitrust risks of the social media giant.

4 years ago

GM, LG Chem set $2.3 billion electric vehicle battery venture in Ohio

General Motors Co .and South Korea's LG Chem said on Thursday they will invest $2.3 billion to set up an electric vehicle battery cell joint venture plant in Ohio, creating one of the world's largest battery facilities.



4 years ago

Beyond Meat burgers to be sold at some Costco stores

Beyond Meat Inc said on Thursday that its plant-based burgers will be sold at some Costco Wholesale Corp stores in the United States.



4 years ago

Here's when newlyweds will face a 'marriage tax penalty'

Many taxpayers see their tax bill drop after marriage. For some, though, it goes up.

4 years ago

UAW names Rory Gamble to serve as president until 2022

The United Auto Workers union international executive board on Thursday named the acting president Rory Gamble to serve in the job until June 2022 after its previous president resigned last month.



4 years ago

Billionaire Lawrence Stroll seeks big stake in Aston Martin: report

Canadian billionaire Lawrence Stroll, owner of Formula One team Racing Point, is preparing a bid for a major stake in Aston Martin , Autocar magazine reported, sending the luxury sports car maker's battered shares up 17% on Thursday.



4 years ago

Shares of biotech Aurinia double in one day after positive data for Lupus drug

The Victoria, Canada-based company rallied after its trial for drug voclosporin posted positive efficacy and safety results.

4 years ago

What Attracts Investors to Blockchain Gaming?

Cointelegraph | Anatol Hooper | Dec 5, 2019 Blockchain is transforming the financial industry right before our eyes, with many market onlookers anticipating a complete replacement of existing payment, trading and banking infrastructures. Blockchain and finance seem like the perfect match, but there are other sectors, for which the technology may play a game-changing role.

4 years ago

Embracing the enemy: Canadian banks partnering with fintech firms after once seeing them as rivals

Financial Post | Julius Melnitzer | Dec 5, 2019 Canadian banks have become 'incubators and accelerators' for tech talent, helping to get new innovations to market more quickly For all the buzz about the disruption that’s occurring in Canada’s financial services sector, the country ranks a lowly 23 among 27 countries in its market adoption

4 years ago

United Auto Workers union names reformer Gamble president until 2022

The United Auto Workers international executive board on Thursday named acting president Rory Gamble to head the union until June 2022 as he pledged a series of reforms following a criminal investigation into illegal payoffs that has rocked the union.



4 years ago

The Decade in Blockchain — 2010 to 2020 in Review

ConenSys | Dec 3, 2019 On January 3rd, 2009, in the wake of a global financial crisis that accelerated the growing chasm of inequality throughout world economies, a mysterious figure named Satoshi Nakamoto launched a virtual currency named Bitcoin that functioned atop what s/he called a ‘Proof of Work chain.’ In its ‘genesis block,’ Nakamoto

4 years ago

Three Big Things: The Most Important Forces Shaping the World

Collaborative Fund | Morgan Housel  | Oct 16, 2019 An irony of studying history is that we often know exactly how a story ends, but have no idea where it began. Find something that’s important to you in 2019 – social, political, economic, whatever – and with a little effort you can trace the roots

4 years ago

United Airlines picks industry veteran Kirby for top job

United Airlines Holdings Inc insider Scott Kirby will succeed Oscar Munoz as chief executive officer next year as part of a transition the airline hopes will secure a growth path after some tumultuous years.



4 years ago

One step you can take in 2020 to head off a tax surprise

The IRS has released its updated Form W-4 just in time for the new year. Here's how to use it to fine-tune the taxes withheld from your paycheck.

4 years ago

Wall Street dips as investors stay off big bets, eye trade talks

U.S. stocks dipped on Thursday as declines in defensive sectors such as consumer staples overshadowed gains in technology stocks, while the absence of new updates in U.S.-China trade talks kept investors on the sidelines.



4 years ago