KRTL BioTech

Latest News on private equity markets

Despite political headwinds, Huawei wins 5G customers in Europe

China's Huawei may be facing closer official scrutiny in Europe amid U.S. allegations that it poses a security threat, but mobile operators in the region are still queuing up to buy its gear for their next-generation 5G networks.



4 years ago

New Pratt engine checks after Swiss A220 diverts to Paris

Pratt & Whitney recommended checks on engines on Airbus A220 aircraft and some Embraer jets after a Geneva-bound Swiss jet diverted to Paris with an engine problem, prompting the grounding of the rest of the airline's A220 fleet.



4 years ago

Fidelity to review ties with money manager after 'inappropriate' comments

Fidelity Investments criticized money manager Kenneth Fisher on Tuesday over what it called inappropriate remarks he made at an investment conference last week, saying it was reviewing the $500 million Fisher's firm manages for the mutual fund giant.



4 years ago

Wall Street advances as earnings season hits the road running

Wall Street jumped on Tuesday as third-quarter reporting season kicked into high gear with a spate of upbeat earnings reports that brought buyers back to the equities market.



4 years ago

GM, union close to deal to end month-long UAW strike: sources

General Motors Co and the United Auto Workers union were near a deal on Tuesday to end a 30-day strike that has cost the automaker about $2 billion after Chief Executive Mary Barra and President Mark Reuss took part in contract talks, according to two people briefed on the matter.



4 years ago

How to prevent your retirement savings from running out

People entering retirement will have to devise a smart strategy of how to spend their savings.

4 years ago

Oil falls on weaker economic growth forecasts and swelling U.S. crude stocks

Oil prices fell on Tuesday, as investors worried that the unrelenting U.S.-China trade war would keep squeezing the global economy, and that swelling U.S. crude inventories would further pressure prices.



4 years ago

Private market gives WeWork shares the cold shoulder

Trading in shares of WeWork in the private over-the-counter (OTC) market has almost ground to a halt, underscoring a loss of investor confidence in the office-sharing company and providing further evidence of its recent huge loss in value.



4 years ago

Global stocks jump on report Brexit deal may be close, oil slips

Stocks in Europe and on Wall Street jumped about 1% on Tuesday on strong U.S. corporate results and a possible deal to avoid a disorderly British exit from the European Union, while oil prices fell as weak China data kindled global economic fears.



4 years ago

Fidelity criticizes money manager Fisher, who loses Philadelphia as client

Fidelity Investments on Tuesday said it was reviewing its relationship with money manager Ken Fisher and Philadelphia's board of pensions said it terminated its business with his firm after Fisher allegedly made disparaging remarks about women at a conference last week.



4 years ago

Sunrise shareholder Canada Pension Plan Investment Board backs $2.8 billion capital hike

Sunrise Communications has won support from one of its largest shareholders for its $2.8 billion capital hike - the latest twist in the telecom company's battle to buy Liberty Global's Swiss business.



4 years ago

United lifts 2019 profit target as strong travel demand outweighs MAX crisis

United Airlines on Tuesday topped Wall Street estimates for quarterly profit, boosted by higher fares and lower fuel costs, and lifted its 2019 profit target despite the continued grounding of the Boeing 737 MAX.



4 years ago

Wall Street gains as earnings season begins in earnest

Wall Street advanced on Tuesday as third-quarter reporting season hit with a spate of upbeat earnings reports that brought buyers back to the equities market.



4 years ago

Some brokers game the system to scrub complaints from their records, report claims

A new report from an investor advocacy group claims that some brokers and brokerages are abusing the regulatory system to erase customer complaints against them.

4 years ago

Nevada gaming regulators seek ban on Steve Wynn from state's casino industry

Nevada gaming regulators are seeking a ban on former Wynn Resorts Ltd chief Steve Wynn from the state's casino industry, citing allegations of sexual misconduct that emerged a year ago, a regulatory filling showed.



4 years ago