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Latest News on private equity markets

How living longer can pay off for these retirees

If you're 70½ or older, you must withdraw a certain amount from your traditional retirement accounts each year. However, the amount you're required to take out could change due to longer life expectancies.

5 years ago

Stocks, oil prices edge up on trade talk optimism

Oil prices and a gauge of global stock markets edged higher on Tuesday, lifted by fresh record highs on Wall Street after U.S. President Donald Trump said the United States and China were close to agreeing on the first phase of a trade deal.



5 years ago

S&P 500 earnings swoon seen extending to fourth quarter

Earnings of companies in the benchmark S&P 500 index are expected to decline in the fourth quarter from the year-earlier period, which would mark a second straight quarterly profit drop, according to IBES data from Refinitiv.



5 years ago

Uber drives up prices for shared rides, Chicago data reveals

How much ride-hailing companies Uber and Lyft charge customers throughout a day is one of the most closely held secrets in Silicon Valley.



5 years ago

NYSE proposes allowing companies to raise fresh capital in direct listings

The New York Stock Exchange proposed a rule change on Tuesday that would potentially get more companies to follow the path taken by Spotify and Slack.

5 years ago

Wall Street edges higher on trade hopes, Disney boost

U.S. stocks edged higher on Tuesday, building on the prior day's record closing levels, as positive comments by President Donald Trump on trade talks and gains for Disney and Best Buy overshadowed some softer-than-anticipated economic data.



5 years ago

Lincoln electric SUV to use Ford-backed startup's 'skateboard' chassis: sources

A battery-powered Lincoln SUV, due in mid-2022, will be the first Ford Motor Co vehicle built on a custom electrified chassis that resembles a skateboard, which was developed by Ford-backed startup Rivian, according to several people familiar with the program.



5 years ago

Dell misses revenue estimates on weakness in server business

Dell Technologies Inc missed Wall Street estimates for quarterly revenue on Tuesday as its server business wrestled with higher costs and lower demand in a market hit by U.S.-China trade tensions.



5 years ago

Wall Street crawls to record levels on trade hopes

U.S. stocks crawled higher on Tuesday, and all three major Wall Street indexes notched record levels, as upbeat comments by President Donald Trump on trade talks eclipsed some softer-than-anticipated economic data.



5 years ago

Exclusive: Hedge fund Citadel's commodities business up about $1 billion for the year - sources

Citadel's commodities investments are up at least $1 billion for the year, according to three sources familiar with the matter, helping to drive strong overall performance at one of the world's largest hedge funds.



5 years ago

FAA says it will be the sole issuer of new 737 MAX airworthiness certificates

The Federal Aviation Administration said on Tuesday that it notified Boeing Co that the agency will be the only issuer of airworthiness certificates for all new 737 MAX aircraft, a role that it had shared with the aircraft maker in the past.



5 years ago

Feuding Korean firms risk disrupting electric car battery supplies

In 2018, South Korea's SK Innovation beat its larger, local rival LG Chem to a multibillion dollar deal to supply German carmaker Volkswagen with electric vehicle batteries in the United States.



5 years ago

U.S. judge partially overturns conviction of opioid maker Insys' founder

A federal judge on Tuesday partially overturned the conviction of Insys Therapeutics Inc's founder and three former executives accused of bribing doctors to prescribe an addictive opioid, but declined to disturb the remainder of the jury's verdict.



5 years ago

Factbox: The world's biggest electric vehicle battery makers

Asian companies dominate the market for electric vehicle (EV) batteries and they are expanding their production capacity in Europe, China and the United States in a fight to win lucrative contracts from global automakers.



5 years ago

HP Inc beats profit estimates on higher PC sales

HP Inc on Tuesday posted quarterly earnings above analysts' estimates as higher sales of personal computers and workstations helped counter weakness in its printer business.



5 years ago