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Latest News on private equity markets

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

American, Spirit eye more Mobile deliveries to avoid Airbus tariffs

American Airlines Group and Spirit Airlines executives said on Thursday they were working with Airbus SE to mitigate the impact of U.S. tariffs on European-made aircraft, including having more planes delivered from Mobile, Alabama.



4 years ago

Tesla's difficult path to profit in six charts

Tesla Inc's shares sky-rocketed on Thursday after the electric car maker surprised investors with a rare quarterly profit, and delivered a record number of cars while keeping a lid on costs.



4 years ago

Massachusetts beats Exxon bid to delay impending climate change case

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

Fisher Investments outflows surpass $2.5 billion as Los Angeles pension departs

The Los Angeles Fire and Police Pension System voted on Oct. 24 to end its $522 million relationship with Fisher Investments. In all, institutional investors have pulled $2.5 billion from the firm in recent weeks.

4 years ago

SpaceX to test astronaut capsule next week, a critical milestone after April explosion

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

CVS, Rite Aid pull all 22-ounce J&J baby powder from stores

CVS Health Corp and Rite Aid Corp are removing all 22-ounce bottles of Johnson & Johnson's baby powder from their stores, following the healthcare conglomerate's recall last week of some bottles due to possible asbestos contamination.



4 years ago

Intel beats third-quarter estimates, raises full-year revenue forecast

Intel Corp on Thursday beat Wall Street estimates for third-quarter revenue and profit and raised its full-year revenue forecast, easing concerns about slowing chip demand amid the U.S.-China trade war.



4 years ago