Latest News on private equity markets

U.S. Supreme Court to hear Google bid to end Oracle copyright suit

The U.S. Supreme Court on Friday agreed to hear Google's bid to escape Oracle Corp's multi-billion dollar lawsuit accusing Google of infringing software copyrights to build the Android operating system that runs most of the world's smartphones.



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Fed says U.S. financial system resilient; flags low rates, 'stablecoin' as risks

The U.S. financial system appears stable overall, though high levels of corporate debt, the impact of an extended period of low global interest rates, and emerging "stablecoin" proposals could pose risks, the Federal Reserve reported on Friday.



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FAA administrator tells team to 'take whatever time needed' on 737 MAX: memo

U.S. Federal Aviation Administrator Steve Dickson told his team to "take whatever time is needed" in their review of Boeing Co's 737 MAX, reiterating that the path to approval is "not guided by a calendar or schedule," according to a Nov. 14 memo reviewed by Reuters.



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Trump, Apple CEO Tim Cook set to tour computer plant in Texas Wednesday: sources

U.S. President Donald Trump and Apple CEO Tim Cook are set to visit facilities in Texas on Wednesday where Apple's high-end computers are assembled, sources briefed on the matter confirmed Friday.



2 days ago

Exclusive: U.S. regulator rethinking changes to whistleblower program after backlash - sources

The U.S. securities regulator is rethinking a proposal that could weaken a landmark whistleblower program after a pushback from whistleblower lawyers and advocates, people with knowledge of the deliberations told Reuters.



2 days ago

U.S.-China trade hopes revive stocks, crude rises

Crude prices and global equities markets rose on Friday, with the major U.S. indexes setting record highs, on renewed hopes that the United States and China will reach a deal to de-escalate a 16-month trade war that has crimped global growth.



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Oklahoma judge reduces Johnson & Johnson payout in opioid case to $465 million

An Oklahoma judge on Friday said Johnson & Johnson needs to pay only $465 million of the $572 million he previously concluded it owed the state for fueling the opioid epidemic through deceptive marketing of painkillers.



2 days ago

Renault's Delbos vies for CEO post as hunt narrows

Renault's interim chief executive Clotilde Delbos has applied to take the job on a permanent basis, two sources familiar with the matter said, as the French carmaker edges toward a shortlist likely to also feature several external candidates.



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Cowboys owner Jerry Jones has a long-term game plan for Haynesville gas

At a time when companies in a U.S. natural gas field have been losing money and exiting Louisiana's Haynesville shale basin, Dallas Cowboys' owner Jerry Jones' Comstock Resources is picking up cheap assets, betting on the field's proximity to the growing U.S. Gulf Coast export hub.



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Trade deal hopes, surging health stocks power Wall Street to highs

Wall Street's main stock indexes closed at record levels on Friday, fueled by fresh optimism over a potential calming of U.S.-China trade tensions and by big gains in shares of healthcare companies.



2 days ago

Stocks rally, oil gains on revived U.S.-China trade hopes

Crude prices rose and global equities markets rallied on Friday, with the major U.S. indexes setting record highs, on renewed optimism the United States and China are nearing a deal to de-escalate a 16-month trade war that has crimped global growth.



2 days ago

Oklahoma judge reduces Johnson & Johnson opioid payout to $465 million

An Oklahoma judge on Friday said Johnson & Johnson must pay that state $465 million for fueling the opioid epidemic through the deceptive marketing of painkillers, down from his original award of $572 million.



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Twitter tightens bans on political ads and causes ahead of 2020 U.S. election

Twitter Inc on Friday said its political advertising ban will include references to political candidates or legislation, and it will not allow ads that advocate for a certain outcome on social and political causes.



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Bristol-Myers Squibb wins antitrust approval to buy Celgene, but must divest psoriasis drug

Bristol-Myers Squibb Co and Celgene Corp have won U.S. antitrust approval for their merger on condition that they sell Celgene's psoriasis drug Otezla, the Federal Trade Commission said in a statement on Friday.



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U.S. and China have significant differences ahead of trade talks Friday night

Top U.S. and Chinese negotiators are seeking to narrow differences on an initial trade agreement during a Friday evening phone call, but remain split on key issues.



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