Latest News on private equity markets

Big changes coming in how you save for retirement

Big changes coming in how you save for retirement

The House on Tuesday passed a $1.4 trillion spending bill that includes the bipartisan Secure Act, which aims to increase the ranks of retirement savers and the amount they put away.

6 years ago
Lawmakers may kill this popular retirement tax break for the wealthy

Lawmakers may kill this popular retirement tax break for the wealthy

Lawmakers are poised to severely curtail the "stretch IRA," a strategy allowing wealthy Americans to leave sizable inheritances to beneficiaries who can then tap those assets for decades.

6 years ago
Holiday Greetings from Lending Loop!  2019 Year In Review

Holiday Greetings from Lending Loop! 2019 Year In Review

Lending Loop | Reza Jafer | Dec 17, 2019 2019 at Lending Loop was an exciting and fruitful year as we achieved significant company milestones. We are proud to have enabled 10,000+ Canadian individuals to cumulatively invest over $60M in Canadian small businesses.   2019 Highlights: Over 400 businesses across Canada accessed $25,000,000+ of capital

6 years ago
UK regulator orders recall of fire-risk Whirlpool washing machines

UK regulator orders recall of fire-risk Whirlpool washing machines

Half a million washing machines manufactured by Whirlpool Corp and sold in Britain are to be recalled following an order from the country's safety regulator which found they pose a fire risk.



6 years ago
Dongfeng to reduce PSA stake in merger deal with Fiat: sources

Dongfeng to reduce PSA stake in merger deal with Fiat: sources

China's Dongfeng Motor will have a reduced stake of around 4.5% in the new group resulting from the merger between Peugeot owner PSA and rival Fiat Chrysler , two sources said on Tuesday.



6 years ago
FAA must boost oversight to address Allegiant Air maintenance issues: audit

FAA must boost oversight to address Allegiant Air maintenance issues: audit

The U.S. Federal Aviation Administration (FAA) needs to improve its oversight to address maintenance issues at Allegiant Air, the 11th largest U.S. carrier, according to a report seen by Reuters on Tuesday.



6 years ago
Boeing's 737 production halt could dent U.S. first-quarter GDP

Boeing's 737 production halt could dent U.S. first-quarter GDP

Boeing Co's decision to stop production of its best-selling 737 MAX aircraft involved in two fatal crashes will impact U.S. economic growth and employment, but the pain may be brief and concentrated in areas where suppliers are located, analysts and executives say.



6 years ago
Wall Street sustains record-setting climb on upbeat economic data

Wall Street sustains record-setting climb on upbeat economic data

Wall Street stocks inched higher on Tuesday, extending their record-setting rally, as strong housing and manufacturing data bolstered investors' confidence in the U.S. economy.



6 years ago
'Fooling ourselves' to focus on 'amorphous' social investing factors, says SEC Commissioner Peirce

'Fooling ourselves' to focus on 'amorphous' social investing factors, says SEC Commissioner Peirce

As ESG or socially responsible investing grows in popularity, SEC Commissioner Hester Peirce is among those calling for greater oversight.

6 years ago
Four tax breaks that might make a comeback just in time for this year

Four tax breaks that might make a comeback just in time for this year

House lawmakers were able to set aside their differences late Monday and revive a package of expired tax breaks known as "tax extenders." Here are the deductions and credits that might be back in play.

6 years ago
Sterling falls on new Brexit fears, stocks edge higher

Sterling falls on new Brexit fears, stocks edge higher

The dollar rose on Tuesday amid concerns about Britain's setting a hard deadline to reach a new trade deal with the European Union, while global equity markets gained, lifted by a resurgent U.S. housing market that bodes well for the economy.



6 years ago
Exclusive: Daimler seeks majority control of its main China joint venture - sources

Exclusive: Daimler seeks majority control of its main China joint venture - sources

Daimler is seeking to buy a majority stake in its Chinese operations, three people familiar with the matter told Reuters, after initial efforts to raise its stake failed and as Chinese investors tighten their grip on the German carmaker.



6 years ago
Exclusive: Daimler seeks majority control of its main China joint venture

Exclusive: Daimler seeks majority control of its main China joint venture

Daimler is seeking to buy a majority stake in its Chinese operations, three people familiar with the matter told Reuters, after initial efforts to raise its stake failed and as Chinese investors tighten their grip on the German carmaker.



6 years ago
PG&E, fire victims waive deadline for governor's OK of reorganization plan

PG&E, fire victims waive deadline for governor's OK of reorganization plan

California wildfire victims and utility PG&E Corp have agreed to waive a Tuesday deadline for securing approval from the state's governor for the power company's reorganization plan that contains a $13.5 billion settlement for the victims.



6 years ago
With or without Huawei? German coalition delays decision on 5G rollout

With or without Huawei? German coalition delays decision on 5G rollout

Chancellor Angela Merkel's conservatives and their Social Democrat partners have delayed until next year a decision on security rules for Germany's 5G network that could bar China's Huawei, a highly divisive issue in an unhappy alliance.



6 years ago