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Latest News on private equity markets

China denies forced labor accusations after plea found in Christmas card

China dismissed accusations of forced labor at a Shanghai prison on Monday, a day after media reports that a message had been found in a Christmas card saying it had been packed by inmates.



5 years ago

Bombardier's new Global business jets get U.S. FAA certification

Bombardier Inc said on Monday its newest business jets, Global 5500 and 6500, received U.S. Federal Aviation Administration certification, clearing the way for the Canadian plane maker to start deliveries.



5 years ago

Boeing fires CEO Muilenburg as 737 MAX crisis deepens

Boeing Co has fired Chief Executive Officer Dennis Muilenburg, following a year of intense scrutiny and industrial setbacks set off by twin fatal crashes of its 737 MAX jetliner.



5 years ago

Electric vehicle startup Rivian scores $1.3 billion investment from T.Rowe Price, others

Electric vehicle startup Rivian said on Monday it closed a $1.3 billion investment round, led by fund manager T. Rowe Price but also including existing investors online retailer Amazon.com Inc and No. 2 U.S. automaker Ford Motor Co.



5 years ago

S&P is the decade's runaway winner

U.S. stocks are poised to close out the decade with the longest bull market in history still intact.



5 years ago

U.S. business spending on equipment weak; housing regaining footing

New orders for key U.S.-made capital goods barely rose in November and shipments fell, suggesting business investment will probably remain a drag on economic growth in the fourth quarter.



5 years ago

S&P 500, Nasdaq hit new records; Boeing lifts Dow

The S&P 500 and the Nasdaq hit fresh record highs on Monday as President Donald Trump said an initial U.S.-China trade pact would be signed "very shortly", while Boeing shares lifted the Dow after the planemaker fired its chief executive officer.



5 years ago

Boeing fires CEO Muilenburg to steady spiraling 737 MAX crisis

Boeing Co ousted Chief Executive Dennis Muilenburg as the world's biggest planemaker sought to control an escalating crisis that has seen it halt production of its best-selling 737 MAX jetliner following two fatal crashes.



5 years ago

Key events leading up to the firing of Boeing's CEO over the 737 MAX

Boeing Co has fired Chief Executive Dennis Muilenburg following a year of intense scrutiny and industrial setbacks set off by twin fatal crashes of its 737 MAX jetliner.



5 years ago

Oil slides as Russia touts easing OPEC+ output

Oil prices fell on Monday as Russia said an OPEC-led producer group may consider easing output cuts next year, offsetting support from some investor optimism that an initial U.S.-China trade deal would be signed soon.



5 years ago

Factbox: From GE to media, Boeing's new CEO

Boeing Co appointed Chairman David Calhoun as chief executive to steer the world's largest planemaker through a crisis after two deadly crashes led to the grounding of its best-selling 737 MAX jetliner.



5 years ago

Boeing dismisses CEO Muilenburg to restore confidence over 737 MAX crisis

Boeing Co has ousted Chief Executive Dennis Muilenburg in an attempt by the world's biggest planemaker to restore confidence as a prolonged crisis has seen it halt production of its best-selling 737 MAX jetliner following two fatal crashes.



5 years ago

Oil steadies as Russia touts easing OPEC+ output

Oil prices were little changed on Monday as Russia said an OPEC-led producer group may consider easing output cuts next year, offsetting support from some investor optimism that an initial U.S.-China trade deal would be signed soon.



5 years ago

Warren Buffett protege Todd Combs named Geico CEO

Combs will take over the second-largest U.S. auto insurer on Jan. 1, 2020, replacing Bill Roberts, a 35-year Geico veteran.

5 years ago

Credit Suisse admits spying on second executive

Credit Suisse on Monday admitted to snooping on another of the bank's former executives, deepening a spying scandal at the Swiss group, which is already under investigation for putting its ex-wealth management chief under surveillance.



5 years ago