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Latest News on private equity markets

Weak holiday sales at Kohl's, J.C. Penney spell further trouble for traditional retailers

Kohl's Corp and J.C. Penney Co Inc posted weak holiday season sales on Thursday, affirming that traditional brick-and-mortar retailers struggled to compete with record-breaking online shopping between Thanksgiving and New Year's Day.



5 years ago

Concerns over U.S. Latecoere purchase overblown: Dassault CEO

Concerns among French lawmakers about aerospace firm Latecoere's sale to a U.S. fund are "overblown", the head of its major client Dassault Aviation said on Thursday.



5 years ago

Ghosn 'very comfortable' after Lebanon questioning: lawyer

Carlos Ghosn's lawyer said he was "very comfortable" with legal proceedings in Lebanon on Thursday, after the fugitive ex-Nissan boss was questioned over an extradition request from Japan where he faces financial misappropriation charges.



5 years ago

Here's how to lower your tax season stress level

We're barely a week into the new year, but the IRS has announced the start date for tax filing season: Jan. 27. Gather these important documents now to help streamline the process.

5 years ago

Powerball jackpot climbs to $277 million. Here's the tax bite for the winner

Although 24% is withheld from big lottery wins for federal taxes, the top marginal rate of 37% means the winner could expect to owe more to the IRS at tax time.

5 years ago

Carlos Ghosn says will fully cooperate with Lebanese judiciary: broadcaster LBCI

Ousted Nissan boss Carlos Ghosn said he will "fully cooperate" with Lebanon's judiciary in comments to broadcaster LBCI on Thursday, adding he was more comfortable with it than Japan's judiciary.



5 years ago

U.S. weekly jobless claims fall, but labor market momentum waning

New applications for U.S. jobless benefits fell more than expected last week, but the labor market appears to be cooling, with the number of Americans on unemployment rolls surging to more than a 1-1/2-year high at the end of 2019.



5 years ago

Cramer says Wall Street analysts playing catch-up to market rally: 'Just a very bullish moment'

Analysts underestimated the staying power of the stock market's 2019 advance and they're being forced to scramble, CNBC's Jim Cramer said Thursday.

5 years ago

Weak holiday sales at Kohl's, J.C. Penney spell more trouble for stores

Kohl's Corp and J.C. Penney Co Inc reported lower holiday season sales on Thursday, a sign that traditional brick-and-mortar retailers struggled to compete with record-breaking online shopping between Thanksgiving and New Year's Day.



5 years ago

U.S. weekly jobless claims fall, but labor market cooling

New applications for U.S. jobless benefits fell more than expected last week, but the labor market appears to be cooling, with the number of Americans on unemployment rolls surging to more than a 1-1/2-year high at the end of 2019.



5 years ago

Citibank to Save $600 Million in 2020 Through Digital Investments

Digital | Jan 8, 2020 After partnering with different fintechs and announcing plans to hire 2,500 coders, Citi's technology investments are paying huge dividends. Need to Know Citi’s banking group expects to save $600 million this year through various advances in technology and automation. To facilitate the changes, Citi is adding 2,500 coders and data

5 years ago

Tech rally, trade hopes boost Wall Street to record highs

U.S. stocks hit record highs on Thursday as Middle East tensions eased, optimism about a U.S.-China trade deal rose and several brokerages boosted price targets on high-profile companies.



5 years ago

Ackman avoids limelight even as Pershing Square posts record 2019

Two years ago, investor William Ackman, who pushes corporations to perform better, took his own advice and laid out a plan for a comeback after years of losses.



5 years ago

Oil slips as focus shifts from Iran tensions to U.S. crude stocks

Oil prices retreated further on Thursday after sharp losses in the previous session, as the market shifted its focused towards rising U.S. crude stocks and away from fears of an imminent escalation of conflict between the United States and Iran.



5 years ago

Kinder Morgan sells Pembina shares for $764 million

Pipeline operator Kinder Morgan Inc said on Thursday it sold the 25 million shares in Canada's Pembina Pipeline Corp that it received when Pembina bought Kinder Morgan Canada for $764 million.



5 years ago