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Latest News on private equity markets

Tesla shares rise as Musk says Cybertruck orders hit 200,000

Tesla Inc shares rose 4% on Monday after Chief Executive Officer Elon Musk tweeted over the weekend that the company had already received 200,000 orders for its futuristic Cybertruck pickup.



4 years ago

Why a digital dollar isn’t coming anytime soon (or so the Fed says)

MIT Tech Review | Mike Orcutt | Nov 21, 2019 While central bank digital currencies may address problems in other countries, the US doesn’t have those problems, according to Fed chair Jerome Powell. A digital dollar is a solution in search of a problem. Well, at least in the US, according to Jerome Powell, chair

4 years ago

'Unfit' Uber loses London license over safety failures

Uber was stripped of its license to carry paying passengers in London on Monday for the second time in just over two years, pending an appeal, over a "pattern of failures" on safety and security.



4 years ago

MSCI arms all investors with ESG ratings of 2,800 top firms

MSCI published the environmental, social and governance (ESG) ratings of more than 2,800 companies on Monday, giving all asset managers more detail to make their investment decisions.



4 years ago

Just Eat urges shareholders to shun Prosus and stick with Takeaway deal

Britain's Just Eat urged shareholders on Monday to shun a $6.3 billion cash offer from Prosus , saying a currently lower valued deal with Takeaway.com was a better bet as it would create the largest food delivery firm outside China.



4 years ago

Saudi Aramco meets ADIA, Abu Dhabi funds in IPO pitch: sources

Saudi Aramco's executives met officials of Abu Dhabi Investment Authority (ADIA) on Monday to discuss a potential investment in the oil giant's share sale that could raise as much as $25.6 billion, three sources familiar with the talks said.



4 years ago

Charles Schwab to buy TD Ameritrade in $26-billion blockbuster brokerage deal

Charles Schwab Corp agreed on Monday to buy TD Ameritrade Holding Corp in an all-stock deal valued at $26 billion, creating a brokerage giant in a market that has been ravaged by price wars.



4 years ago

'China is the enemy' on trade, not Trump — Cramer blasts media over love of Chinese leader Xi

CNBC's Jim Cramer says the mainstream media wrongly thinks that "'Xi is a great Chinese man with great Democratic leanings; member of the WTO. And we have a madman as president.'"

4 years ago

Eight electric pickup truck manufacturers to load up U.S. market by 2021

Tesla CEO Elon Musk and his spacy Cybertruck have ignited a frenzy over electric pickups, and at least seven other U.S. automakers expect to build new battery-powered trucks by 2021.



4 years ago

Texas settles with T-Mobile, Sprint over merger: statement

Texas' attorney general has settled with T-Mobile Inc and Sprint Corp and will drop its opposition to a merger of the third and fourth largest U.S. wireless carriers.



4 years ago

Factbox: M&As in vogue for luxury retailers seeking growth

Louis Vuitton owner LVMH snapped up U.S. jeweler Tiffany & Co on Monday for $16.2 billion in its largest buyout ever, adding America's biggest luxury name to its stable of brands.



4 years ago

Morgan Stanley says forecasting just the next two months, let alone 2020, is hard right now

Wall Street strategists are releasing their 2020 predictions, but with so many unknowns in the market forecasting for even just the next few months is difficult.

4 years ago

Here's the tax bill on the $226 million Mega Millions jackpot

Before the winner would even get a penny, $37 million would be withheld for federal taxes. Much more would likely be due at tax time.

4 years ago

Here's what advisors can anticipate amid the $26 billion Charles Schwab-TD Ameritrade tie-up

TD Ameritrade has historically catered to small registered investment advisory firms, so Schwab's acquisition of TD has some advisors spooked.

4 years ago

EBay to sell ticketing unit StubHub for $4.05 billion

EBay Inc will sell its ticketing unit, StubHub, in an all-cash $4.05 billion deal to ticket reseller Viagogo Ltd, the companies said on Monday, nearly a year after the ecommerce major came under pressure from activist investors to hive off some of its businesses.



4 years ago