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Latest News on private equity markets

Wall Street analysts expect a big 2020 from these internet stocks including Facebook, and Amazon

Wall Street analysts said they expect internet stocks to continue to soar in 2020.

5 years ago

Manager at Turkish jet operator told authorities he helped Ghosn escape because of threats: newspaper

A manager at Turkish jet operator MNG Jet has told authorities that he assisted unwittingly in the escape of ex-Nissan boss Carlos Ghosn from Japan because he had been threatened by a former acquaintance, Hurriyet newspaper reported on Saturday.



5 years ago

How to get a bigger tax refund from the IRS in 2021

The revamped tax withholding calculator from the IRS will give you more details on how to increase your refund, break even with the taxman or avoid a big tax bill come April 2021.

5 years ago

Amazon considers opening stores in Germany: report

Amazon.com is considering opening stores in Germany, its second biggest market after the United States, the ecommerce company's head in the country was quoted as saying on Saturday.



5 years ago

Property Brothers: Here's when to renovate your home and when to move

The Property Brothers, Drew and Jonathan Scott, walk you through the process of deciding whether you should renovate your current home or buy a new house.

5 years ago

Daimler recalls 744,000 U.S. Mercedes-Benz vehicles for faulty sunroofs

German automaker Daimler AG said on Saturday it will recall 744,000 Mercedes-Benz vehicles in the United States from the 2001 through 2011 model years because the sunroof glass panel could detach and pose a hazard.



5 years ago

S&P 500 snaps win streak as Middle East tensions push down Wall Street

Wall Street's major indexes fell from record highs on Friday after a U.S. air strike in Iraq ratcheted up tensions in the Middle East and a bigger-than-expected contraction in the U.S. manufacturing sector raised concerns of slowing economic growth.



5 years ago

Exclusive: Weakened by sanctions, Venezuela's PDVSA cedes oilfield operations to foreign firms

Venezuelan state company PDVSA is letting some joint venture partners take over the day-to-day operation of oilfields as its own capacity dwindles due to sanctions, lack of cash and staff, according to a former oil minister, an opposition lawmaker and industry sources.



5 years ago

Fed officials kick off 2020 with optimistic view of U.S. economy

Top U.S. Federal Reserve officials struck upbeat tones about the economy on Friday, a confidence reflected in a record of their latest meeting that signaled no urgency to offer additional stimulus in the wake of three interest rate cuts last year.



5 years ago

Fed may need new framework to boost inflation to 2%

The Federal Reserve could find itself fighting too-low inflation for years to come, San Francisco Federal Reserve President Mary Daly said on Friday, and may need a new policy framework to achieve its goal of 2% inflation.



5 years ago

Oil, safe havens surge after U.S. strikes kill Iran commander

Oil prices surged as much as $3 a barrel as gold, the yen and safe-haven bonds all rallied on Friday after the U.S. killing of Iran's top military commander in an air strike in Iraq ratcheted up tensions between Washington and Tehran.



5 years ago

FTC challenges police body camera maker Axon's acquisition of rival Vievu

The Federal Trade Commission (FTC) on Friday challenged police body camera maker Axon Enterprise Inc's completed acquisition of rival Vievu, saying it allowed the company to impose substantial price increases.



5 years ago

Fed may need new approach to boost inflation, Daly says

The Federal Reserve could find itself fighting too-low inflation for years to come, San Francisco Federal Reserve President Mary Daly said on Friday, and may need a new policy framework to lift inflation back up to the Fed's 2% goal.



5 years ago

Exxon signals fourth quarter weakness in chemicals and refining, offset by asset sale

Exxon Mobil Corp's fourth quarter operating results will decline from a year ago due to weakness in chemicals and refining, according to a regulatory filing and analyst comments on Friday.



5 years ago

Police body camera maker Axon sues U.S. FTC over antitrust litigation

Axon Enterprise Inc on Friday sued the U.S. Federal Trade Commission in a bid to have antitrust proceedings over an acquisition heard in a federal court and not in an internal FTC process, claiming that the FTC's ability to both prosecute and judge cases deprives companies of their constitutional rights.



5 years ago