Latest News on private equity markets

History shows Tesla may have a rough go of it from here after stock doubled in 6 months

History shows Tesla may have a rough go of it from here after stock doubled in 6 months

Bernstein doesn't see Tesla shares climbing much more after the firmed looked at the historical data of high-flying stocks.

6 years ago
Britain's Sainsbury's to cut hundreds of management jobs

Britain's Sainsbury's to cut hundreds of management jobs

Britain's Sainsbury's plans to cut hundreds of management jobs as it seeks to bring its main supermarket operation and its Argos general merchandise arm closer together, it said on Tuesday.



6 years ago
NYC Transit expects return of Bombardier subway cars to service this week

NYC Transit expects return of Bombardier subway cars to service this week

New York City Transit expects subway cars recently built by Bombardier to return to service this week, after the estimated 300 cars were yanked earlier in the month because of safety concerns over the doors, agency president Andy Byford said on Tuesday.



6 years ago
Risk assets dragged lower by Chinese virus anxiety

Risk assets dragged lower by Chinese virus anxiety

Risk assets took a hit across the globe on Tuesday while the Japanese yen and some developed country bond prices gained as financial markets reacted to mounting concern about a new strain of flu-like virus in China.



6 years ago
Wall Street opens lower on China virus outbreak, growth worries

Wall Street opens lower on China virus outbreak, growth worries

U.S. stocks opened lower on Tuesday, as worries about the fallout from a deadly virus outbreak in China and a gloomy growth outlook from the IMF stalled a record rally on Wall Street.



6 years ago
Citibank to pay $18 million penalty for failing to insure flood-prone properties

Citibank to pay $18 million penalty for failing to insure flood-prone properties

A U.S. banking regulator fined Citibank N.A. $18 million for delays in purchasing mandatory flood insurance for properties where borrowers were located in flood-prone areas.



6 years ago
Honda to join White House initiative to boost U.S. job training

Honda to join White House initiative to boost U.S. job training

Honda Motor Co will join on Tuesday a growing number of companies signing a White House pledge to boost U.S. job training opportunities.



6 years ago
JP Morgan Chase poaches an IBM 'Master Inventor' with 26 patents for quantum computing

JP Morgan Chase poaches an IBM 'Master Inventor' with 26 patents for quantum computing

The move is J.P. Morgan's latest high-profile technology hire.

6 years ago
Halliburton takes $2.2 billion charge on shale slump

Halliburton takes $2.2 billion charge on shale slump

U.S. oilfield services firm Halliburton Co. on Tuesday disclosed a $2.2 billion charge to earnings as weakening North American shale activity continued to hit the industry.



6 years ago
Oh, baby! 3 steps to prepare your finances for your new arrival

Oh, baby! 3 steps to prepare your finances for your new arrival

The idea of bringing a new human into the world can be earth-shaking. Fortunately, budgeting for him or her doesn't have to be nearly as terrifying. How to get your finances in order for baby.

6 years ago
Starbucks eyes plant-based food, reusable packaging in latest sustainability push

Starbucks eyes plant-based food, reusable packaging in latest sustainability push

Starbucks Corp aims to add more plant-based food and drinks to its menu, make its packaging reusable and invest in better waste-management, CEO Kevin Johnson said on Tuesday, as part of the company's latest plan to become more environmentally friendly.



6 years ago
Futures lower as China virus outbreak, growth worries sour mood

Futures lower as China virus outbreak, growth worries sour mood

U.S. stock index futures followed Asian and European markets lower on Tuesday as worries about the fallout from a deadly virus outbreak in China and a gloomy growth outlook from the IMF looked set to stall a record rally on Wall Street.



6 years ago
The 2020 election has supplanted the trade war as the biggest risk for stocks, survey shows

The 2020 election has supplanted the trade war as the biggest risk for stocks, survey shows

The first Bank of America Global Research fund manager survey of 2020 shows the highest risk is now the looming presidential election, according to the 249 panelists surveyed, 29% of whom consider politics the biggest potentially disruptive issue in the year ahead.

6 years ago
Aramco IPO proceeds to fund Saudi industry, including defense: finance minister

Aramco IPO proceeds to fund Saudi industry, including defense: finance minister

Saudi Arabia will pump the proceeds from last month's listing of oil giant Saudi Aramco into the local economy over several years, including building up the domestic defense industry amid tensions with Iran, its finance minister said on Tuesday.



6 years ago
KFC apologizes for 'sexist' Australian ad

KFC apologizes for 'sexist' Australian ad

KFC on Tuesday apologized for an advertisement in Australia that shows two boys ogling a woman's breasts, after calls from a local campaign group to boycott the fast-food giant over the ad it called "sexist".



6 years ago