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Latest News on private equity markets

Virgin Galactic shares to triple as it disrupts airlines with hypersonic travel, Morgan Stanley says

Morgan Stanley began coverage of Virgin Galactic's stock on Monday with an overweight rating.

5 years ago

Sprint tells of business struggles in first day of T-Mobile merger trial

Executives from Sprint Corp testified on Monday that the U.S. wireless carrier has struggled to improve its network, hindering its growth and underscoring the need to merge with larger rival T-Mobile US Inc.



5 years ago

Uber nears deal for self-driving car simulation startup: The Information

Uber Technologies Inc is in advanced negotiations to acquire Foresight, a startup that develops simulation software, The Information reported on Monday citing a source familiar with the matter.



5 years ago

Former Boeing employee, FAA officials to testify at 737 MAX hearing

A former Boeing co employee who raised concerns about 737 production will testify on Wednesday at a U.S. House hearing on the Federal Aviation Administration review of the grounded 737 MAX.



5 years ago

Insight: Honda's Hachigo seizes the wheel as quality crisis hits profits

At a two-day gathering for Honda's suppliers in March, Chief Executive Takahiro Hachigo sounded the alarm.



5 years ago

Apple has 'deep concerns' that ex-employees accused of theft will flee to China

Apple Inc on Monday told a federal court it has "deep concerns" that two Chinese-born former employees accused of stealing trade secrets from the company will try to flee before their trials if their locations are not monitored.



5 years ago

U.S. negotiators set to make last-minute trip to Mexico to pin down USMCA deal

The Trump administration, Mexico and U.S. Democrats on Monday closed in on a deal for labor-related changes to a languishing North American trade pact that may soon allow it to proceed to a vote, as the window for passage this year quickly narrows.



5 years ago

GM loans $40 million to firm to acquire, retool shuttered Lordstown, Ohio, factory

General Motors Co confirmed on Monday it agreed to loan $40 million to an electric vehicle start-up to facilitate the acquisition of its shuttered Lordstown Assembly plant in Ohio.



5 years ago

Canada's Freeland invited to Mexico talks as USMCA deal looms

Mexico's government has invited Canadian Deputy Prime Minister Chrystia Freeland to talks in Mexico along with U.S. officials, a senior Mexican official said on Monday, as a final agreement on a new North American trade deal appeared to draw nearer.



5 years ago

Former Boeing employee who warned about 737 problems will testify at hearing

A former Boeing Co employee who warned of problems with 737 production will testify on Wednesday at a U.S. House hearing on the Federal Aviation Administration review of the grounded 737 MAX.



5 years ago

Millions of Americans aren't receiving Social Security statements in the mail. A new bill aims to change that

In recent years, the Social Security Administration has reduced the number of paper statements it sends via snail mail in a bid to save money. A new legislative proposal aims to reverse that in an effort to help workers make better financial decisions.

5 years ago

These people turned their side gigs into full-time jobs

More than half of Americans report having had a side gig at some point, according to a recent survey by SunTrust Banks. But if turning that side hustle into a full-time job is your dream, there are several things to consider, such as losing your employer benefits and saving up enough money to make the leap.

5 years ago

What consumers most want in 2020: a debt-free life

When it comes to resolutions for next year, most individuals would rather save $5,000 than lose 5 pounds. And they'd rather get out from under the weight of their debts before cutting other bad habits.

5 years ago

7Qs: How Karen Firestone beats the market with 35 names — 'Don't fall in love with your stocks'

"I learned that when I was very young at Fidelity — you just don't fall in love with your stocks. It's just a ticker and a name on the screen," Firestone said.

5 years ago

China November exports fall, but import growth hints of recovering demand

China's exports in November shrank for the fourth consecutive month, underscoring persistent pressures on manufacturers from the Sino-U.S. war but growth in imports may be a sign that Beijing's stimulus steps are helping to stoke demand.



5 years ago