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Latest News on private equity markets

California tries to curb discrimination in auto insurance pricing

California is amending rules around pricing offered to "affinity groups" so auto insurers can't charge more to people of color and lower-income drivers.

5 years ago

Stocks hover near record highs, gold breaches $1,500

Gold surged past $1,500 an ounce and a gauge of global equity markets hovered near record highs on Tuesday in a year-end rally spurred by hopes of a U.S.-Sino Phase 1 trade deal and as China's latest policy easing pledge added to investor optimism.



5 years ago

New Boeing 737 Max documents show 'very disturbing' employee concerns: U.S. House aide

Boeing Co documents now under review by a U.S. government committee appear to point to a "very disturbing" picture of commentary from the planemaker's employees over the grounded 737 MAX aircraft, a House of Representatives transportation infrastructure committee aide said on Tuesday.



5 years ago

S&P 500, Dow pause near records in Christmas Eve trade

The S&P 500 and the Dow industrials slipped in a shortened, pre-Christmas session on Tuesday, as investors paused after a record-setting rally fueled by improving U.S.-China trade relations that has put the market on course for its best year since 2013.



5 years ago

New Boeing CEO Calhoun is hardened corporate crisis manager

Beleaguered Boeing Co is putting its future in the hands of a turnaround veteran who has led several companies in crisis, cut his teeth at engine maker General Electric Co and has spent a decade on the board of the world's largest planemaker.



5 years ago

Global stocks hover near record highs, gold breaches $1,500

Gold surged past $1,500 an ounce and a gauge of global equity markets hovered near record highs on Tuesday in a year-end rally spurred by hopes of a U.S.-Sino Phase 1 trade deal and as China's latest policy easing pledge added to investor optimism.



5 years ago

Questions over Hyundai construction of Chilean bridge amid row with government

Chile's finance minister has sought to downplay a row between the government and the construction and engineering arm of South Korean giant Hyundai over a $740 million suspension bridge, saying disputes in such mega projects were "quite common."



5 years ago

China's November soybean imports from U.S. rise as tariff-free cargoes arrive

China's November soybean purchases from the United States surged from a year earlier, data showed on Wednesday, as cargoes booked by importers with tariff-free quotas cleared customs.



5 years ago

Boeing ditches CEO Muilenburg in bid to contain 737 MAX crisis

Boeing Co has fired its Chief Executive Dennis Muilenburg, seeking to restore confidence after two fatal crashes forced the world's biggest planemaker to halt production of its best-selling 737 MAX jetliner.



5 years ago

Forget store traffic and bag count: Gauging retail performance in an online world

Marshal Cohen has religiously visited the same stores every holiday season since 1999.



5 years ago

Factbox: Sizing up retailers' performance as online sales surge

As online shopping upends the retail business, many Wall Street analysts say traditional measures such as counting the number of people who visit stores on major shopping days are no longer a reliable gauge of a company's performance.



5 years ago

In win for Uber, Lyft, judge strikes down New York City's cruising cap

A New York state judge on Monday ruled in favor of Uber Technologies Inc and Lyft Inc in a lawsuit against New York City, striking down a new rule limiting how much time drivers for ride-hailing services can spend cruising streets in busy areas of Manhattan without passengers.



5 years ago

Shares inch to new highs on trade hopes; dollar little changed

The dollar traded little changed while equity markets added to a year-end rally on Monday, with both a gauge of stock performance worldwide and Wall Street hitting new highs amid renewed optimism over U.S.-China trade and growth prospects.



5 years ago

Boeing fires CEO Muilenburg to restore confidence amid 737 crisis

Boeing Co has fired Chief Executive Dennis Muilenburg after repeatedly failing to contain the fallout from a pair of fatal crashes that halted output of its best-selling jetliner and tarnished its reputation with airlines and regulators.



5 years ago

Wall Street posts records amid trade optimism; Boeing juices Dow

Wall Street's main indexes posted record closing highs on Monday after President Donald Trump said an initial U.S.-China trade pact would be signed soon, while Boeing gave the Dow a big boost after the planemaker ousted its chief executive officer.



5 years ago