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Latest News on private equity markets

More people picture their retirement without much help from Social Security

Millennials aren't counting on Social Security for much help in retirement.

4 years ago

Franklin Templeton grooms startups to address pain points

Bank Innovation | Rick Morgan | Oct 18, 2019 Franklin Templeton is taking a hands-on approach to cultivating startup talent. The San Mateo, Calif.-based investment company launched a startup incubator on Monday, a program through which companies will be matched with Franklin Templeton mentors and work on business ideas relevant to the objectives of Franklin

4 years ago

Blockchain Startup Backed By Big Banks Ushers In New Era Of Banking

Forbes | Andrea Tinianow | Oct 17, 2019 Fnality, a London-based company is banking on blockchain technology to usher in an era of digital financial markets. They are betting that the financial markets are going to tokenize. Fnality intends to be there when that happens. In fact, they intend to spur the transformation. According to

4 years ago

The Ins and Outs of How to Short a Stock

NCFA Guest Post | Oct 18, 2019 During the history of the stock market its value has typically climbed. This has seen the most successful investors profit by buying shares in stocks at a low price and seeing their value increase steadily over time. Playing the markets can be risky however, as entire investments can

4 years ago

American Express profit beats estimates as consumers shrug off slowdown fears

Credit card issuer American Express Co reported a higher-than-expected quarterly profit that highlighted the health of the U.S. consumer even as fears mount that a manufacturing-led weakness could spread to the broader economy.



4 years ago

Johnson & Johnson to recall some baby powder as FDA finds traces of asbestos

Johnson & Johnson said on Friday it is recalling around 33,000 bottles of baby powder in the United States after U.S. health regulators found trace amounts of asbestos in samples taken from a bottle purchased online.



4 years ago

Johnson & Johnson says baby powder investigation could take 30 days or more

Johnson & Johnson said on Friday its investigation into asbestos contamination of its baby powder could take 30 days or more, after announcing it planned to recall about 33,000 bottles of the product in the United States.



4 years ago

Exclusive: Boeing 2016 internal messages suggest employees may have misled FAA on 737 MAX - sources

Boeing Co turned over instant messages from 2016 between two employees that suggest the airplane maker may have misled the Federal Aviation Administration about a key safety system on the grounded 737 MAX, sources briefed on the matter said.



4 years ago

Wall Street pressured by J&J, global growth concerns

Wall Street edged lower on Friday, set to end a strong week on a downbeat note, as heavyweight Johnson & Johnson slipped and worries over global economic growth were rekindled by gloomy data out of China.



4 years ago

Opioid litigation talks can 'get a long way' to deal: lawyer

Executives from several large healthcare companies and state attorneys general were progressing toward what is expected to be a multibillion dollar deal to resolve the sprawling litigation over the U.S. opioid epidemic, a plaintiffs' lawyer said Friday.



4 years ago

Oracle co-CEO Mark Hurd passes away

Oracle Corp co-Chief Executive Officer Mark Hurd passed away on Friday, the business software maker said.



4 years ago

In oil-rich region, Venezuelans fear catastrophe if Trump forces Chevron to leave

With the $2 he earns in wages each week working as a cargo driver for Venezuelan state oil company PDVSA, 56-year-old Freddy Brito cannot even afford to buy one kilogram (2.2 lb) of cheese.



4 years ago

Dollar weakens on Brexit, shares sapped by weaker China growth

The dollar headed for its worst week in almost four months on Friday, pummeled by sterling and euro rallies driven by a deal on Britain's departure from the European Union, while China's weakest growth in nearly three decades weighed on equities.



4 years ago

Global trade uncertainty a reason to ratify USMCA: Mexican minister

Mexican Finance Minister Arturo Herrera said on Friday the current global uncertainty over trade is another reason to ratify the agreement negotiated last year between his country, the United States and Canada.



4 years ago

Opioids settlement could be near, lawyer for local governments says

Executives from several large healthcare companies and state attorneys general were progressing toward what is expected to be a multibillion-dollar deal to resolve the sprawling litigation over the U.S. opioid epidemic, a plaintiffs' lawyer said on Friday.



4 years ago