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Latest News on private equity markets

Morgan Stanley cutting jobs due to uncertain global environment: CNBC

Morgan Stanley is cutting about 2% of its workforce due to an uncertain global economic outlook, CNBC reported on Monday citing people familiar with the matter.



5 years ago

Volkswagen charged with violating vehicle emission standards in Canada

German automaker Volkswagen AG on Monday was charged with importing nearly 128,000 vehicles into Canada contravening the country's environmental legislation, a Canadian government agency said.



5 years ago

ViacomCBS plans sale of CBS headquarters in New York

ViacomCBS is planning to sell the CBS headquarters in New York, known as Black Rock, as it seeks to cut costs from the combined company, Chief Executive Officer Bob Bakish told reporters Monday.



5 years ago

Morgan Stanley is cutting jobs due to uncertain global environment, sources say

New York-based Morgan Stanley had 60,532 employees as of September 30.

5 years ago

Mexico asks Pelosi to act on trade deal, business groups wary

Mexican President Andres Manuel Lopez Obrador on Monday urged U.S. House Speaker Nancy Pelosi to decide on ratification of a North American trade pact, even as Mexican business groups fretted that proposed changes were weakening the deal.



5 years ago

Global stocks, gold little changed as trade war spurs concerns

Global equity markets traded flat on Monday as investors hoped officials would delay more U.S. tariffs set to take effect on Chinese goods this coming Sunday, while gold held firm as investors hedged against a possible escalation in the trade war.



5 years ago

Lawmakers renew push for getting Social Security statements in the mail

The Social Security Administration has pulled back the number of paper statements it sends via snail mail in a bid to save money. But some lawmakers want to reverse that in an effort to help workers make better financial decisions.

5 years ago

It could be time to buy defensive stocks if the rally slows down. Here are some favorites

Uncertainty around the U.S.-China trade war and the 2020 election causing Wall Street firms to recommend buying into defensive stocks.

5 years ago

Morgan Stanley cutting jobs due to uncertain global environment -source

Morgan Stanley is cutting about 2% of its workforce globally due to an uncertain global economic outlook, according to a source familiar with the matter.



5 years ago

How to turn your side gig into a full-time job

If your dream is to turn your side hustle into a full-time job, there are several things to consider, such as losing your employer benefits and saving up enough money to make the leap.

5 years ago

Top U.S. officials heading to Mexico in press to finalize USMCA - administration official

U.S. Trade Representative Robert Lighthizer and White House adviser Jared Kushner will head to Mexico on Tuesday to work on final details of the U.S.-Mexico-Canada (USMCA) trade pact, which has yet to be ratified by the U.S. Congress, an administration official said.



5 years ago

J&J CEO Gorsky spurns U.S. congressional hearing on carcinogens in talc products

Johnson & Johnson Chief Executive Officer Alex Gorsky has declined to appear at a U.S. congressional hearing set for Tuesday on the safety of the company's Baby Powder and other talc-based cosmetics.



5 years ago

Wall St. falls as Apple, health shares drag, tariff deadline looms

U.S. stocks pulled back on Monday from near-record levels, as Apple and healthcare shares fell and investors braced for a busy week of political and economic news, including a potential turning point in the U.S.-China trade dispute.



5 years ago

Agilent shares rise after Bill Ackman stake revealed

Agilent Technologies gain after-hours trading after hedge fund investor Bill Ackman revealed he has taken a stake in the company.

5 years ago

Australia's Westpac faces investor rage after exploitation payment scandal

Australia's Westpac Banking Corp faces a showdown with investors at its annual meeting this week, seeking to hold back an avalanche of outrage over a money laundering scandal that includes accusations of enabling child exploitation payments.



5 years ago