Latest News on private equity markets

Elon Musk defamation trial goes to jury after plaintiff's lawyer calls him 'billionaire bully'

Elon Musk defamation trial goes to jury after plaintiff's lawyer calls him 'billionaire bully'

A federal jury in Los Angeles began deliberating on Friday to decide whether Tesla Inc boss Elon Musk defamed a British cave explorer whose lawyer said the "billionaire bully" should pay at least $190 million for branding his client a "pedo guy" on Twitter.



6 years ago
FAA proposes fining Boeing $3.9 million for installing defective parts on 737 planes

FAA proposes fining Boeing $3.9 million for installing defective parts on 737 planes

The Federal Aviation Administration (FAA) said Friday it was seeking a $3.9 million fine from Boeing Co for installing defective parts on about 130 737 airplanes.



6 years ago
Wall Street climbs on solid jobs data, trade hopes

Wall Street climbs on solid jobs data, trade hopes

Wall Street ended solidly higher on Friday as a strong jobs report and optimism about U.S.-China trade negotiations ahead of an upcoming deadline helped stoke investor risk appetite.



6 years ago
Global stocks rally, dollar gains on robust U.S. jobs data

Global stocks rally, dollar gains on robust U.S. jobs data

The dollar rose and global equity markets soared on Friday after data showed U.S. job growth increased by the most in 10 months in November, putting to rest recession fears and briefly taking the spotlight off contentious U.S.-China trade talks.



6 years ago
'The Wolf of Wall Street' photo, with the real Jordan Belfort, sells for $200,000

'The Wolf of Wall Street' photo, with the real Jordan Belfort, sells for $200,000

The black-and-white "Wolves of Wall Street I," by famed British photographer David Yarrow, sold at Art Miami for $200,000.

6 years ago
Elon Musk should pay $190 million for defamatory 'nuclear bomb,' plaintiff's lawyer says

Elon Musk should pay $190 million for defamatory 'nuclear bomb,' plaintiff's lawyer says

Tesla founder Elon Musk should pay at least $190 million in damages for defaming a British cave explorer in tweets that suggested he was a pedophile and were like a "nuclear bomb," the plaintiff's lawyer said on Friday.



6 years ago
Amazon websites could be added to USTR's 'Notorious Markets' list: WSJ

Amazon websites could be added to USTR's 'Notorious Markets' list: WSJ

The Trump administration is considering putting some of Amazon.com Inc's overseas websites on a list of global marketplaces known for counterfeit goods, the Wall Street Journal reported on Friday, citing people familiar with the matter.



6 years ago
Italy's Atlantia interested in relaunch not rescue of Alitalia: paper

Italy's Atlantia interested in relaunch not rescue of Alitalia: paper

Italy's Atlantia is still interested in supporting the relaunch, and not the rescue, of ailing carrier Alitalia [CAITLA.UL], the chairman of the infrastructure group said in an interview on Friday.



6 years ago
Wall Street jumps on strong jobs data, trade hopes

Wall Street jumps on strong jobs data, trade hopes

Wall Street advanced on Friday as a robust jobs report and a note of optimism regarding ongoing U.S.-China trade negotiations enticed buyers to the equities market.



6 years ago
Wall Street advances on strong jobs report, trade optimism

Wall Street advances on strong jobs report, trade optimism

U.S. stocks jumped on Friday as solid monthly jobs data and upbeat comments from President Donald Trump on trade talks with China spurred riskier bets, putting the benchmark S&P 500 index on track to log its second weekly gain in a row.



6 years ago
The IRS has a new tax form out and wants to know all about your cryptocurrency

The IRS has a new tax form out and wants to know all about your cryptocurrency

Whether you're holding Ethereum, bitcoin or Litecoin, the IRS wants to know. A new form for the 2019 tax season asks whether you've acquired, exchanged or sold a financial interest in virtual currency.

6 years ago
Trump will make final call on China tariffs, likes direction of talks: Kudlow

Trump will make final call on China tariffs, likes direction of talks: Kudlow

Top White House economic adviser Larry Kudlow said on Friday that a Dec. 15 deadline is still in place to impose a new round of U.S. tariffs on Chinese consumer goods, but President Donald Trump likes where trade talks with China are going.



6 years ago
If you win the $285 million Mega Millions jackpot, here's what to do first to protect your windfall

If you win the $285 million Mega Millions jackpot, here's what to do first to protect your windfall

There are some steps that winners can take to help prepare them for claiming their prize.

6 years ago
3M exploring $1 billion sale of drug delivery systems unit: Bloomberg

3M exploring $1 billion sale of drug delivery systems unit: Bloomberg

Industrial conglomerate 3M Co is exploring a sale of its drug delivery systems unit, which could fetch around $1 billion, Bloomberg reported on Friday, citing people with knowledge of the matter.



6 years ago
Strong U.S. job growth showcases economy's resilience

Strong U.S. job growth showcases economy's resilience

U.S. job growth increased by the most in 10 months in November as the healthcare industry boosted hiring and production workers at General Motors returned to work after a strike, the strongest sign yet the economy is in no danger of stalling.



6 years ago