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Latest News on private equity markets

Saudi Arabia faces reality check as Wall Street heads to Riyadh

Wall Street's heavy hitters are back in Saudi Arabia but the terms of engagement have changed.



4 years ago

CVS pulls out some J&J baby powder from stores

Pharmacy retailer CVS Health Corp said on Thursday it is pulling out 22 ounce bottles of Johnson & Johnson's baby powder from its stores and online as a precautionary measure.



4 years ago

American, Southwest overcome 737 MAX travails with quarterly profit growth

American Airlines Group Inc and Southwest Airlines Co posted quarterly profit increases on Thursday thanks to strong U.S. travel demand even as the two carriers pointed to a rising cost impact from the continued grounding of the Boeing 737 MAX.



4 years ago

S&P 500 edges higher on mix of earnings reports, tech shines

The benchmark S&P 500 edged higher on Thursday as strong results from Microsoft Corp and PayPal Holdings Inc offset dour results from 3M Co and Twitter Inc .



4 years ago

Sterling pares losses after PM calls for election; S&P 500 up

The pound pared losses against the dollar on Thursday in the wake of British Prime Minister Boris Johnson's call for a Dec. 12 election to break the country's deadlock over its exit from the European Union, while global stock markets edged up.



4 years ago

Square launches stock trading on its popular Cash App

Square is getting into stock trading.

4 years ago

SpaceX is ready to test its astronaut capsule again, after one exploded in April

In about a week SpaceX expects to conduct a key test of the capsule it is developing to launch astronauts, CNBC has learned.

4 years ago

Exxon loses bid to delay climate change lawsuit by Massachusetts

A Massachusetts judge on Thursday gave the state's attorney general the greenlight to sue Exxon Mobil Corp "ASAP" over allegations it concealed from investors and consumers its knowledge of the role fossil fuels play in climate change.



4 years ago

Democratic senator asks whether Trump interfered with court case on Turkey's Halkbank

A top Democratic senator on Thursday questioned whether President Donald Trump interfered with a criminal investigation of Turkey's Halkbank, which has been accused of conspiring to evade U.S. sanctions against Iran.



4 years ago

Micron launches new hard drives to challenge Intel in data centers

Idaho-based memory chipmaker Micron Technology on Thursday challenged rival Intel Corp with a new line of hard drives aimed at data centers, just as the two companies are on the cusp of formally ending a joint venture of more than a decade that developed the technology.



4 years ago

Amazon's gloomy holiday sales forecast misses estimates, shares fall 7%

Amazon.com Inc on Thursday forecast revenue and profit for the holiday quarter below expectations, as it faces fierce competition and rising costs from its plan to speed up delivery times globally.



4 years ago

CVS pulls all 22 ounce J&J baby powder from stores

Pharmacy retailer CVS Health Corp said on Thursday it is pulling all 22 ounce bottles of Johnson & Johnson's baby powder from its stores and online to comply with the U.S. healthcare conglomerate's recall last week of a lot of 22 oz bottles due to possible asbestos contamination.



4 years ago

Visa profit beats estimates on higher customer spending

Visa Inc's quarterly profit beat analysts' estimates on Thursday, helped by growth in overall customer spending, which boosted fees for the world's largest payment processor.



4 years ago

Strong tech results propel S&P 500, Nasdaq

The S&P 500 and the Nasdaq rose on Thursday following strong quarterly reports from several technology companies, including Microsoft Corp , but dour results from 3M Co stymied the Dow Jones Industrial Average.



4 years ago

Intel raises full year revenue forecast, shares up 8%

Intel Corp raised its full-year revenue forecast on Thursday and beat Wall Street estimates for third-quarter revenue and profit, easing concerns about a long-drawn demand slowdown fueled by the U.S.-China trade war.



4 years ago