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Latest News on private equity markets

Oil falls about 1% after U.S. crude and gasoline build

Oil fell about 1% on Wednesday after a report showing U.S. crude inventories grew unexpectedly last week and gasoline stocks surged, but optimism that a U.S.-China trade deal would be reached soon limited losses.



4 years ago

Boeing 777X fuselage split during Sept. stress test: Seattle Times

The fuselage of Boeing Co's upcoming 777X aircraft was split by a high-pressure rupture just as it approached its target stress level during a test in early September, the Seattle Times reported on Wednesday.



4 years ago

Exclusive: Lone Star in exclusive talks to buy BASF construction chemicals unit - sources

Lone Star has entered exclusive negotiations to buy BASF's construction chemicals business as the German chemicals company seeks to focus on more profitable operations, people close to the matter said.



4 years ago

Deutsche Bank sells $50 billion in assets to Goldman amid overhaul: sources

Deutsche Bank has sold $50 billion in unwanted assets to Goldman Sachs as part of its restructuring, three people with knowledge of the matter said on Wednesday.



4 years ago

Wall Street at record levels on trade hopes, robust economic data

Wall Street's main indexes notched fresh record highs on Wednesday, as latest data pointed to a resilient domestic economy and investors remained optimistic about a resolution to the prolonged U.S.-China trade war.



4 years ago

U.S. pending home sales slip in October: NAR

Contracts to buy previously owned U.S. homes fell unexpectedly in October, with new contract signings down in three of the four U.S. regions.



4 years ago

U.S. to announce findings from probe of France's tech tax on Monday

U.S. trade officials said they will announce any proposed action toward France on Monday when they release the findings from their investigation into the European ally’s tax on big internet companies such as Amazon, Google and Facebook.



4 years ago

Boeing 777X fuselage split during September stress test: Seattle Times

The fuselage of Boeing Co's upcoming 777X aircraft was split by a high-pressure rupture just as it approached its target stress level during a test in early September, the Seattle Times reported on Wednesday.



4 years ago

Exclusive: AB Inbev explores options for packaging ops - sources

Anheuser-Busch InBev , the world's largest brewer, is exploring options for its packaging activities as it streamlines its portfolio and focuses on its core beverage business, sources close to the matter said.



4 years ago

Facebook must face data breach class action on security, but not damages: judge

A federal judge said up to 29 million Facebook Inc users whose personal information was stolen in a September 2018 data breach cannot sue as a group for damages, but can seek better security at the social media company after a series of privacy lapses.



4 years ago

Blackstone's Byron Wien says stocks have 'room to move up' and this is 'nothing like 2006 or 1999'

The market's rally may be far from over as low interest rates keep valuations in an attractive place, Wall Street legend Byron Wien says.

4 years ago

Robust data, trade deal hopes push Wall Street to record levels

Wall Street's main indexes notched fresh record highs on Wednesday, as data pointed to a resilient domestic economy and investors remained optimistic about a resolution to the U.S.-China trade war.



4 years ago

Global stocks near record highs on trade hopes, dollar gains

The U.S. dollar rose and a gauge of global equities pushed closer to an all-time high on Wednesday after a batch of U.S. economic data brightened the economic outlook and investors remained bullish on the prospect of a U.S.-China trade accord.



4 years ago

Robinhood pulls bank charter application as fintechs face hurdles to disrupting financial system

Robinhood is no longer looking to become a federally insured bank.

4 years ago

Oil edges lower after U.S. crude and gasoline build

Oil eased on Wednesday after a report showing U.S. crude inventories grew unexpectedly last week and gasoline stocks surged, but losses were limited by optimism that a U.S.-China trade deal would be reached soon.



4 years ago