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Latest News on private equity markets

Natural gas is one of the few trades that hasn't worked on Wall Street, down 50% in 12 months

Natural gas prices plunged more than 12% last week as oversupply concerns and warmer temperatures weigh.

4 years ago

U.S. stocks retreat on economy and trade jitters

Wall Street stepped back from last week's record highs on Monday, with weak U.S. manufacturing data and fresh trade worries keeping buyers on the sidelines.



4 years ago

Wells Fargo names Scott Powell as COO

Wells Fargo & Co on Monday named Scott Powell chief operating officer, effective Dec. 9.



4 years ago

Zuckerberg denies that Trump tried to lobby against ban on political ads: CBS

Facebook Inc Chief Executive Officer Mark Zuckerberg said in an interview to CBS on Monday that U.S. President Donald Trump did not discourage him from banning political ads on the social media platform during a secret meeting in October.



4 years ago

U.S. may increase tariffs after WTO rejects EU claims over Airbus

The World Trade Organization on Monday rejected European Union claims that it no longer provides subsidies to planemaker Airbus , prompting the United States to say it could increase retaliatory tariffs on a wider range of European goods.



4 years ago

CNH Industrial's Iveco joins the electric truck race with Nikola partnership

CNH Industrial truck unit Iveco on Monday joined the alternative propulsion party as it unveiled its first electric vehicle, which it will build in partnership with U.S. startup Nikola Motor Co.



4 years ago

UnitedHealth expects 2020 earnings largely below estimates

Health insurer UnitedHealth Group on Monday issued its adjusted earnings forecast for 2020, the mid-point of which was below analysts' estimates.



4 years ago

U.S. Cyber Monday sales poised to top $9.4 billion

Cyber Monday sales were on course to bring in a record $9.4 billion, according to early estimates, building on a bumper Black Friday weekend for U.S. retailers driven by earlier-than-usual promotions and free shipping.



4 years ago

Wells Fargo adds more external bankers to top ranks

Wells Fargo & Co said on Monday Scott Powell will become chief operating officer, the second external recruit to join the top ranks since Chief Executive Charles Scharf took over six weeks ago.



4 years ago

U.S. vows 100% tariffs on $2.4 billion of French products over digital services tax

The U.S. government on Monday said it could slap additional duties of up to 100% on $2.4 billion in French imports of Champagne, handbags, cheese and other products, after concluding that a new French digital services tax would harm U.S. tech companies.



4 years ago

UnitedHealth forecasts 2020 earnings, midpoint below estimates

Health insurer UnitedHealth Group on Monday issued its adjusted earnings forecast for 2020, the midpoint of which was below analysts' estimates.



4 years ago

Trump's tariff ambush risks pushing Brazil closer to China

U.S. President Donald Trump's surprise decision to slap metals tariffs on Brazil is a blow to President Jair Bolsonaro's aim of forging closer ties with Washington and could push Latin America's No. 1 economy closer to Trump's top trade foe - China.



4 years ago

Britain's Reckitt Benckiser gives new parents more paid leave

British household goods maker Reckitt Benckiser Group Plc said on Tuesday it was extending its paid leave globally for new mothers from 16 weeks to 26 weeks, but the change will take time to implement in the United States due to regulatory issues.



4 years ago

U.S. vows 100% tariffs on French Champagne, cheese, handbags over digital tax

The U.S. government on Monday said it may slap punitive duties of up to 100% on $2.4 billion in imports of French Champagne, handbags, cheese and other products, after concluding that France's new digital services tax would harm U.S. tech companies.



4 years ago

State AGs fight bonus pay for CEO of OxyContin-maker Purdue

The chief executive officer of OxyContin-maker Purdue Pharma LP should not collect a potential $1.3 million bonus when he has been accused of contributing to the opioid epidemic, a group of state attorneys general said in a court filing on Monday.



4 years ago