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Latest News on private equity markets

Oil prices decline on U.S. pipe disruptions, weak Chinese data

Oil prices were nearly 2% lower on Thursday after a leak on a key U.S. pipeline disrupted supply flows and on data showing weak factory activity in China.



4 years ago

Kraft Heinz beats profit estimates, plans to boost marketing; shares surge

Kraft Heinz Co will spend more on marketing for key brands widely thought to have been neglected after reporting on Thursday that lower costs helped it beat third-quarter profit expectations, sending shares up 13% in midday trading.



4 years ago

Corteva signals hit from delayed planting in Brazil, slowing China

Corteva Inc said on Thursday demand for grains and oilseeds could be hit by a delayed soybean planting in Brazil and cooling growth in China and emerging economies, sending its shares down 8%.



4 years ago

Fintech’s fast pass to traditional banking is now cut off

CNBC | Kate Rooney | Oct 24, 2019 Key Points A ruling by a federal judge this week pours cold water on some tech companies’ plans to quickly become a bank. The New York judge ruled that the Office of the Comptroller of the Currency, the regulator issuing the charters, didn’t have the authority to

4 years ago

Trump says Fed hurting U.S. competitiveness, needs to cut rates more

U.S. President Donald Trump on Thursday launched a broadside against the Federal Reserve and its chairman, Jerome Powell, saying the central bank's policies were hurting U.S. competitiveness.



4 years ago

Wall Street falls on U.S.-China trade jitters

U.S. stocks dropped on Thursday as worries that the United States and China may not be able to strike a trade deal cast a shadow over strong earnings reports from Apple and Facebook.



4 years ago

Ex-Trump official says Republicans, not just Democrats, should support forgiving student debt

Here's why a Republican former Trump official is calling for student debt forgiveness.

4 years ago

Encana to move to U.S., change name amid pipeline crunch in Canada

Encana Corp will shift base from Calgary to the United States and become Ovintiv Inc next year, the oil and gas producer said on Thursday, the latest company to move away from Canada as the nation battles with pipeline capacity shortages.



4 years ago

Ford plans to close engine plant in Michigan as part of UAW deal

Ford Motor Co plans to close an engine plant in Romeo, Michigan as part of a tentative agreement with the United Auto Workers union for a new four-year contract, a source told Reuters Thursday.



4 years ago

Facebook in EU antitrust crosshairs, online marketplace now under scrutiny

Facebook's online marketplace has attracted scrutiny from EU antitrust regulators who are seeking details about its role vis-a-vis rivals in online classified ads, a questionnaire seen by Reuters showed.



4 years ago

Cramer's takeaways from Apple's earnings and why he thinks the stock remains undervalued

"This is a company that has a multiple that's way too low given the fact that it's consistent," says CNBC's Jim Cramer.

4 years ago

IROC Announces Crypto-Asset Working Group Members

IIROC | Andrea Zviedris | Oct 31, 2019 Pan-Canadian self-regulator takes steps to deepen its understanding of crypto assets  October 31, 2019 (Toronto, Ontario) – The Investment Industry Regulatory Organization of Canada (IIROC) today announced the members of its new Crypto-Asset Working Group.  Chaired by Victoria Pinnington, IIROC's Senior Vice-President, Market Regulation, this group of

4 years ago

Powell's take on banking rules should make Elizabeth Warren happy, but not Wall Street

The Federal Reserve chairman said this week that the central bank is unlikely to alter its liquidity requirements for banks.

4 years ago

U.S. consumer spending slowing; inflation benign

U.S. consumer spending increased marginally in September while wages were unchanged, which could cast doubts on consumers' ability to continue driving the economy amid a deepening slump in business investment.



4 years ago

Wall Street drops as trade worries resurface

U.S. stocks fell on Thursday as worries that the United States and China may not be able to strike a trade deal overshadowed strong earnings reports from Apple and Facebook.



4 years ago