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Latest News on private equity markets

Goldman Sachs answers investor demands on consumer bank

Goldman Sachs Group Inc unveiled details about its consumer business for the first time on Tuesday and will start disclosing its results regularly as part of a broader reporting-line shuffle, responding to long-standing requests for more transparency from analysts and investors. The changes are part of Chief Executive Officer David Solomon's effort to get Goldman in line with rivals like JPMorgan Chase & Co that have bigger consumer businesses and share mor



5 years ago

Energy, healthcare stocks drag Wall Street lower

Wall Street's main indexes fell on Tuesday, dragged down by oil and healthcare stocks as investors nervously awaited further developments on the U.S.-Iran conflict.



5 years ago

VW's Seat brand chief steps down as Renault continues CEO hunt

Volkswagen on Tuesday said that Luca de Meo has stepped down from his current role as head of its Spanish Seat brand just as rival Renault intensifies efforts to find a new chief executive.



5 years ago

Dollar gains, oil slips as markets focus on Mideast

The dollar gained, helped by better-than-expected data in the U.S. non-manufacturing sector, and oil prices retreated on Tuesday as investors awaited developments in the U.S.-Iranian stand-off in the Middle East.



5 years ago

Energy, healthcare shares keep a lid on Wall Street, Iran concerns linger

The S&P 500 and the Dow Jones Industrial Average slipped on Tuesday, led by losses in oil and healthcare stocks, with investors nervously awaiting the latest in the U.S.-Iran standoff.



5 years ago

Team activated to support global airline safety as Middle East tensions rise

An international aviation team has been activated to support "effective coordination and communication" between airlines and countries as tensions mount in the Middle East after a U.S. drone strike killed an Iranian military commander, global airlines body IATA said on Tuesday.



5 years ago

U.S. Senate Finance panel advances new North American trade deal

The U.S. Senate Finance Committee voted on Tuesday to approve the U.S.-Mexico-Canada Agreement, moving the revamped North American trade deal a step closer to a final Senate vote in the coming days or weeks.



5 years ago

Volkswagen says Luca de Meo steps down as CEO of Seat

German carmaker Volkswagen said on Tuesday Luca de Meo has stepped down as chief executive of its Spanish Seat brand.



5 years ago

UBS predicts a 'V-shaped' year where stocks drop, then recover back to where they are now

UBS raised its 2020 target on the S&P 500 to 3,250 from 3,000, a level not too far from where the benchmark is currently.

5 years ago

Stripteasing Musk launches Tesla SUV program In China

Elon Musk raised an online storm by dancing on stage at the launch of Tesla's Model Y electric sports utility vehicle program on Tuesday in its new Shanghai factory, where the company delivered its first cars built outside the United States to the public.



5 years ago

Democratic candidate Michael Bennet proposes 44% tax rate for wealthiest Americans

Democratic presidential contender Michael Bennet wants to increase the top income-tax rate paid by the wealthiest Americans to 44%, which experts say exceeds that of other presidential hopefuls to date.

5 years ago

S&P 500, Dow dip as Middle East concerns persist; chips rally

Oil stocks shed the most on the S&P 500 on Tuesday, taking the benchmark index further away from record highs, as investors nervously awaited the latest in the U.S.-Iran standoff.



5 years ago

U.S., European regulators to meet with Boeing this week on 737 MAX software audit

U.S. and European aviation safety regulators will meet with Boeing this week in an effort to complete a 737 MAX software documentation audit - a key step toward the grounded plane's eventual return to service.



5 years ago

Boeing recommending simulator training for pilots before resuming 737 MAX flights

Boeing Co is recommending that airline pilots undergo simulator training before they resume flying the 737 MAX, which has been grounded since March after two fatal crashes killed 346 people, a federal agency said on Tuesday.



5 years ago

U.S. trade deficit at three-year low as imports tumble

The U.S. trade deficit fell to a more than three-year low in November as imports declined further, weighed down by the Trump administration's trade war with China, and exports rebounded, suggesting solid economic growth in the fourth quarter.



5 years ago