KRTL BioTech

Latest News on private equity markets

Fed's Barkin: It's a good time to pause interest rates

The U.S. Federal Reserve should hold interest rates steady for the time being after last week's cut in borrowing costs and assess how the economy evolves, Richmond Fed President Thomas Barkin said on Tuesday.



5 years ago
5 years ago

From cat videos to credit cards, Amazon says customers have to secure own data

Amazon's cloud computing customers have to decide themselves how best to protect sensitive information online, a senior executive said on Tuesday, following accusations by U.S. lawmakers that the web giant has not done enough to secure data on its servers.



5 years ago

Peloton feels the burn as post-IPO results point to more losses

Shares in exercise bike fitness startup Peloton Interactive sank 7% on Tuesday as the newly listed firm forecast a loss for fiscal 2020 and said it was choosing to focus on growth over profit for now.



5 years ago

Stock rally stalls, oil and dollar march higher on trade hopes

The U.S. dollar and crude prices rose on Tuesday, spurred by ongoing optimism a U.S.-China trade deal may be near, but a rally in global equity markets stalled as China pressed U.S. President Donald Trump to remove recently imposed tariffs.



5 years ago

DWS: One-in-four chance ECB will hike rates next year

There is a one-in-four chance that European Central Bank chief Christine Lagarde will deliver an interest rate hike in her first year in office, German asset management firm DWS predicted on Tuesday, adding the risk of a global recession was very low.



5 years ago

Kroger 2020 profit, sales estimates top expectations; shares surge

Supermarket chain Kroger Co forecast 2020 profit and comparable sales ahead of Wall Street estimates on Tuesday, saying it expects to see further benefits from investments in store modernization and deliveries, sending its shares up 10%.



5 years ago

Buy Virgin Galactic stock because space tourism will be safer than you think, analyst says

Vertical Research Partners is the first firm to begin covering Virgin Galactic, initiating the space tourism venture's stock with a "buy."

5 years ago

Ray Dalio says the US will have no other option but to raise taxes in coming years

Dalio says that the U.S. will have little choice but to raise taxes in the coming years to offset its mounting liabilities and debts.

5 years ago

Sen. Warren blasts Navient, student loan servicer where her critic Leon Cooperman is a stakeholder

Democratic presidential candidate Elizabeth Warren lashed out at billionaire Leon Cooperman on Monday for his stake in the student loan servicer Navient and stressed the importance of forgiving student debt.

5 years ago

Call for Proposals: Canadian International Innovation Program

Mentor Works | Myra Bredin | Nov 1, 2019 Canadian companies are some of the most innovative in the world. But when it comes to developing and commercializing ideas into globally-competitive technologies, firms are struggling to keep up. It’s not the lack of viable ideas that holds us back, but the ability to advance these

5 years ago

Jamie Dimon says WeWork will survive and that he's learned some tough lessons from the debacle

Jamie Dimon reflects on his bank's advisory work for WeWork after its valuation collapsed and its IPO plans imploded earlier this year.

5 years ago

'Head scratcher' — Peloton CEO admits he doesn't understand why shares sank after initial pop

Peloton shares opened down about 2.3% after being up 7% in premarket trading. But the stock erased some of those losses as Foley was speaking on CNBC.

5 years ago

JPMorgan CEO says lessons learned from failed WeWork IPO

JPMorgan Chase & Co Chief Executive Officer Jamie Dimon defended the bank's work advising WeWork on its failed effort to go public, but added that the bank learned lessons from the experience.



5 years ago

Oil gains 1% as China pushes Trump for more tariff roll-backs

Oil prices rose more than 1% on Tuesday on hopes for a U.S.-China trade agreement and optimism that Washington could roll back some of the tariffs it has imposed on Chinese imports.



5 years ago