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Latest News on private equity markets

Activist investors to pressure privately held Palantir on human rights

A group advocating ethical investing will ask backers of tech analytics company Palantir Technologies to push for changes to its business practices, a rare case of coordinated shareholder action against a privately held company.



4 years ago

Boeing's top communications official to retire as MAX crisis drags on

Boeing Co's head of corporate communications, Ann Toulouse, elected to step down from her role and would retire next year, the world's largest planemaker said on Friday.



4 years ago

Trump says yet to decide whether to close trade deal with China

President Donald Trump said on Friday a potential U.S.-China trade deal was coming along well, but he had yet to decide whether he wanted to finalize it.



4 years ago

More foreign firms abandoned U.S. deals amid Trump administration scrutiny: report

More overseas companies investigated by U.S. authorities for national security concerns have abandoned investments in the United States since U.S. President Donald Trump took office, a report showed on Friday.



4 years ago

Wall Street higher on trade optimism, upbeat economic data

Wall Street rose on Friday as upbeat domestic economic data and positive comments from Washington and Beijing calmed investor worries about a delay in a potential trade deal, which had pushed U.S. stocks off record highs earlier in the week.



4 years ago

British Airways, union agree pay deal to settle dispute: source

British Airways and its pilots' union BALPA have reached an agreement to end a pay dispute that resulted in the first walkout by pilots in the airline's history, a source familiar with the matter said on Friday.



4 years ago

Exclusive: Chevron CEO plans major cost-cutting overhaul of production teams - sources

Chevron Corp Chief Executive Michael Wirth is preparing sweeping changes at the No. 2 U.S. oil and gas company that would cut costs and streamline operations in a drive to boost profitability, according to people familiar with the matter.



4 years ago

Airbnb business outside U.S., China had $46 million profit in 2018

Airbnb's business excluding the United States and China turned a net profit of $46.47 million in 2018 compared with a loss of $97.22 million the previous year, according to an earnings statement the company filed in Dublin, Ireland, and made public on Friday.



4 years ago

Boeing's top communications official to retire as 737 MAX crisis drags on

Boeing Co's head of corporate communications, Ann Toulouse, elected to step down from her role and would retire next year, the world's largest planemaker said on Friday.



4 years ago

Judge leaves door open for Mediaset, Vivendi to reach agreement

A Milan judge gave Italian broadcaster Mediaset and its shareholder Vivendi another week to settle a dispute over plans for a Dutch-based holding to drive Mediaset's European growth, potentially opening the way to ending a three-year legal battle.



4 years ago

Bayer's Monsanto pleads guilty to illegal Hawaii pesticide spraying

Monsanto pleaded guilty to spraying a banned pesticide on the Hawaiian island of Maui, and agreed to pay $10.2 million in criminal fines and other payments for the spraying and for illegally storing hazardous waste, U.S. prosecutors said.



4 years ago

Ray Dalio denies report hedge fund Bridgewater has bearish bet on market

Bridgewater Associates' Ray Dalio said on Friday his hedge fund does not have a net bet that the stock market will fall, taking issue with a story published earlier in the Wall Street Journal.



4 years ago

Federal pension fund says bill banning China investment is discriminatory

The group overseeing a large U.S. federal pension fund said recent legislation aimed at preventing it from investing in China-based companies will deprive its participants of a significant opportunity for retirement returns if passed.



4 years ago

EU countries back tough line on 5G suppliers in potential blow to Huawei

EU countries on Friday endorsed a tough line for selecting 5G suppliers, including vetting the domestic legal framework to which they are subjected, potentially dealing a blow to telecoms equipment market leader Huawei Technologies.



4 years ago

Wall Street Weekahead: Conditions may be set for Santa Claus rally

A year after the U.S. stock market plunged, many investors believe conditions are in place to avoid another year-end pullback and possibly set the stage for a rally to finish off 2019.



4 years ago