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Latest News on private equity markets

Hyperion Technologies announces Lisa Cheng as new CEO

Hyperion Technologies Release | Dec 10, 2019 VANCOUVER, British Columbia — Hyperion Technology Inc. (Hyperion) is pleased to announce the appointment of Ms. Lisa Cheng as the new CEO and the transition of Mr. Michael Zavet to the role of President. Lisa Cheng states “I’m thrilled to join Hyperion’s team and I’m very excited for

5 years ago

Pot stocks try to rebound from terrible 2019: 'This is 2008 for the cannabis industry'

"It has been an exciting year, and not in the way that shareholders in this sector would like," says Cam Battley of Aurora Cannabis.

5 years ago

'Bond King' Gundlach says a recession is 'very unlikely' in 2020

Jeffrey Gundlach is not worried about a possible recession in 2020, saying on Wednesday that he thinks it's "very unlikely" one will happen.

5 years ago

Can Blockchains Give You Competitive Advantage?

Forbes | Alison McCauley | Dec 11, 2019 Blockchain executives call the tech a team sport. They speak about industries joining together to build blockchain platforms that drive value for all participants. But, put bluntly, what’s the point? Both the tech and our understanding of how to use it is raw—making this an expensive, uncharted

5 years ago

Bank of America CEO Brian Moynihan says confident consumers are spending 5.5% more this year

"People are spending, and that's good news for the U.S. economy," Moynihan tells CNBC.

5 years ago

Fed keeps rates unchanged. Here's exactly what that means to you

The Fed has hit the brakes on rate changes for now — here's what that means for your bank account, mortgage loan, credit card, home equity loan, student debt and car payment.

5 years ago

Fed keeps interest rates on hold amid 'favorable' outlook

The U.S. Federal Reserve on Wednesday held interest rates steady and signaled borrowing costs are likely to remain unchanged indefinitely, with moderate economic growth and low unemployment expected to continue through next year's presidential election.



5 years ago

Instant View: Fed stands pat on rates, expects no change in 2020

The U.S. Federal Reserve on Wednesday held interest rates steady and signaled borrowing costs are likely to remain unchanged indefinitely, with moderate economic growth and low unemployment expected to continue through next year's presidential election.



5 years ago

Wall Street gains modestly after Fed signals rates to hold steady for some time

Wall Street's main stock indexes moved modestly higher on Wednesday after the U.S. Federal Reserve held interest rates steady and signaled that borrowing costs are likely to remain unchanged indefinitely.



5 years ago

Nestle sells U.S. ice cream brands to joint venture Froneri in $4 billion deal

Nestle SA has agreed to sell its U.S. ice cream business to Froneri in a deal valued at $4 billion, moving control of brands including Häagen-Dazs to a joint venture the Swiss group set up in 2016.



5 years ago

Oil drops on surprise U.S. crude build but tariff deadline eyed

Oil prices dropped almost 1% on Wednesday following a surprise build in U.S. crude inventories, and as investors waited to see if a fresh round of tariffs by Washington on Chinese goods would come into force on Sunday.



5 years ago

Gasoline, rents lift U.S. consumer inflation in November

U.S. consumer prices increased solidly in November, which together with labor market strength could support the Federal Reserve's intention to keep interest rates steady indefinitely after reducing borrowing costs three times this year.



5 years ago

CEO of GM's Cruise hints at offering low-cost shared rides

The chief executive of autonomous vehicle company Cruise signaled in a blog post on Wednesday that the General Motors Co subsidiary is shifting its focus to shared rides "at a radically lower cost."



5 years ago

Traders keep bets on extended Fed policy pause

U.S. short-term interest rate futures were slightly lower Wednesday after the Federal Reserve held interest rates steady and signaled most policymakers see little chance they will need to tweak borrowing costs until after next year's presidential election.



5 years ago