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Latest News on private equity markets

Spirit Airlines commits to 100 Airbus jets amid tariff dispute

U.S. budget carrier Spirit Airlines on Wednesday unveiled a provisional deal to order 100 Airbus A320neo-family jets to be delivered through 2027, becoming the first U.S. airline to pick European planes since Washington imposed tariffs on them.



4 years ago

U.S. trade envoy meets lawmakers on U.S.-Mexico-Canada deal as time runs short

U.S. Trade Representative Robert Lighthizer met this week with Democratic lawmakers to try to resolve their concerns about the U.S.-Mexico-Canada (USMCA) trade agreement as Republicans increased pressure to get the deal passed by the end of 2019.



4 years ago

Microsoft forecasts cloud sales above expectations

Microsoft Corp on Wednesday forecast sales for its cloud computing services that topped analysts' estimates, even as quarterly growth slows for its Azure business.



4 years ago

Tesla shares soar 21% as surprise profit answers skeptics

Tesla Inc on Wednesday surprised investors by posting a profitable third quarter, boosted by record deliveries, cost cuts and improved production schedules for its new electric vehicle model, causing shares to soar in after-market trading.



4 years ago

Amazon buys healthcare start-up Health Navigator

Amazon.com Inc said on Wednesday it bought healthcare start-up Health Navigator, its second purchase in the healthcare services industry.



4 years ago

Israeli fashion mogul submits bid for Barneys, challenging Authentic Brands

Israeli businessman Samuel Ben-Avraham said on Wednesday he has submitted an offer for Barneys New York Inc, challenging a $271 million bid for the bankrupt luxury department store from brand developer Authentic Brands Group LLC.



4 years ago

J&J slashes third-quarter profit by $3 billion over proposed opioid deal

Johnson & Johnson on Wednesday lowered its previously reported third-quarter profit by $3 billion to account for a proposed opioid settlement payment.



4 years ago

Ford cuts full-year profit outlook as third-quarter profit dips

Ford Motor Co on Wednesday cut its forecast for operating profit for the year after a disappointing third quarter that Chief Executive Jim Hackett blamed on higher warranty costs, bigger discounts and weaker than expected performance in China.



4 years ago

U.S.-China trade reprieve makes no dent on recession chances: Reuters poll

The recent truce in the U.S.-China trade war is not an economic turning point and has done nothing to reduce a significant risk that the United States could slip into recession in the next two years, a Reuters poll of economists found.



4 years ago

Oil pares U.S. stock-draw gains on weak demand outlook

Oil prices dipped on Thursday on lingering concerns about a weak demand outlook, after surging more than 2% in the previous session on the back of a surprise draw in U.S. crude stocks.



4 years ago

Asian shares edge up; investors anxious over earnings, Brexit

Asian shares pulled ahead on Thursday with corporate earnings buffeting trading as investors remained anxious about the business impact of the Sino-U.S. trade war while Brexit uncertainties kept overall sentiment in check.



4 years ago

Ghosn's lawyers accuse Japan officials, Nissan executives of collusion

Lawyers for former Nissan Motor Co chairman Carlos Ghosn submitted filings to the Tokyo District Court on Thursday seeking the dismissal of all charges against him and accusing Japanese officials and executives at the automaker of collusion.



4 years ago

Ghosn's lawyers seek dismissal of charges, accuse prosecutors of misconduct

Carlos Ghosn's lawyers have asked the Tokyo District Court to dismiss all charges against the former Nissan Motor Co Ltd chairman, saying prosecutors colluded with government officials and Nissan executives to oust him from his post.



4 years ago

Asian shares edge up as earnings, geopolitics sway sentiment

Asian shares pulled ahead on Thursday as corporate earnings and a ceasefire in northern Syria helped prop up sentiment, though the backdrop of trade and brexit uncertainties was enough to prevent a decisive shift towards riskier assets.



4 years ago

There's a looming financial advisor shortage. Today's professionals can help prevent it

With about 40% of financial advisors expected to retire in the next 10 years, the industry needs to attract new talent to fill those empty seats. But there's one key challenge: Many of today's students have never heard of the profession. Here's how today's advisors can help spread the word.

4 years ago