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Latest News on private equity markets

Ford plans to close engine plant in Michigan as part of UAW deal

Ford Motor Co plans to close an engine plant in Romeo, Michigan as part of a tentative agreement with the United Auto Workers union for a new four-year contract, a source told Reuters Thursday.



5 years ago

Facebook in EU antitrust crosshairs, online marketplace now under scrutiny

Facebook's online marketplace has attracted scrutiny from EU antitrust regulators who are seeking details about its role vis-a-vis rivals in online classified ads, a questionnaire seen by Reuters showed.



5 years ago

Cramer's takeaways from Apple's earnings and why he thinks the stock remains undervalued

"This is a company that has a multiple that's way too low given the fact that it's consistent," says CNBC's Jim Cramer.

5 years ago

IROC Announces Crypto-Asset Working Group Members

IIROC | Andrea Zviedris | Oct 31, 2019 Pan-Canadian self-regulator takes steps to deepen its understanding of crypto assets  October 31, 2019 (Toronto, Ontario) – The Investment Industry Regulatory Organization of Canada (IIROC) today announced the members of its new Crypto-Asset Working Group.  Chaired by Victoria Pinnington, IIROC's Senior Vice-President, Market Regulation, this group of

5 years ago

Powell's take on banking rules should make Elizabeth Warren happy, but not Wall Street

The Federal Reserve chairman said this week that the central bank is unlikely to alter its liquidity requirements for banks.

5 years ago

U.S. consumer spending slowing; inflation benign

U.S. consumer spending increased marginally in September while wages were unchanged, which could cast doubts on consumers' ability to continue driving the economy amid a deepening slump in business investment.



5 years ago

Wall Street drops as trade worries resurface

U.S. stocks fell on Thursday as worries that the United States and China may not be able to strike a trade deal overshadowed strong earnings reports from Apple and Facebook.



5 years ago

Biotech stocks win October, rallying 8%

The biotechnology sector is up more than 8% in October, led by large-cap companies Biogen, Amgen and Celgene.

5 years ago

Ex-Trump official calls student loans "insane," saying Republicans need to embrace forgiveness

Here's why a Republican former Trump official is calling for student debt forgiveness.

5 years ago

Trump bets on Fed cuts to help the dollar. Don't count on it

U.S. President Donald Trump says further Federal Reserve rate cuts would lower the value of the dollar and help the country's trade position.



5 years ago

Proxy adviser ISS sues U.S. markets regulator over guidance aimed at curbing advice

Proxy adviser Institutional Shareholder Services Inc on Thursday sued the U.S. Securities and Exchange Commission over guidance aiming to clarify how investors and firms that vote on their behalf should cast their ballots in corporate elections.



5 years ago

Even after Lyft beat, Wall Street pummels former unicorns

Wall Street pummeled shares of companies including Lyft , Uber Technologies , SmileDirectClub and Slack Technologies on Thursday as investors grew more sour on money-losing former startups that listed their shares this year in hyped-up IPOs.



5 years ago

Pelosi: U.S. House close to approving trade deal with Mexico, Canada

The U.S. House of Representatives is making progress every day toward approving the trade agreement President Donald Trump worked out with Canada and Mexico, Speaker Nancy Pelosi said on Thursday.



5 years ago

The Trillion-Dollar Opportunity in Supporting Female Entrepreneurs

HBR | Shalini Unnikrishnan and Roy Hanna | Oct 31, 2019 There is much discussion and debate about how to support female entrepreneurs — and rightly so. Currently, women-led businesses are less likely to survive, despite evidence that their startups are often highly successful. New analysis by Boston Consulting Group (BCG) shows that if women

5 years ago

Facebook is sued for age, gender bias in financial services ads

Facebook Inc was sued on Thursday in a proposed class action accusing it of discriminating against older and female users by withholding advertising for financial services such as bank accounts, insurance, investments and loans.



5 years ago