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Latest News on private equity markets

Tesla's stock is surging but some analysts found real problems with its earnings report

Shares of Tesla are surging after the company reported a surprise profit, but a closer look at the numbers may suggest a cause for concern.

5 years ago

This account might cause snags when you claim Social Security

The rules for health savings accounts can cause tax complications if you delay tapping your government benefits beyond full retirement age.

5 years ago

A star stock picker is closing his fund because investors told him that style doesn't work anymore

Star stock picker Jeffrey Vinik says that he's shuttering his funds because would-be investors balked at his investment strategy

5 years ago

American Airlines profit beats estimates on lower fuel costs

American Airlines Group Inc beat Wall Street estimates for third quarter profit on Thursday as lower fuel costs boosted margins, but it raised its 2019 cost estimates related to the Boeing 737 MAX grounding to $540 million.



5 years ago

Southwest profit jumps 7.2% as demand, MAX cancellations push up fares

Southwest Airlines Co reported a 7.2% rise in third-quarter profit on Thursday, driven by strong travel demand and higher fares following flight cancellations due to the grounding of its Boeing 737 MAX jets.



5 years ago

Oil steadies above $61, weak demand outlook weighs

Oil steadied above $61 a barrel on Thursday as concern over the demand outlook offset a surprise drop in U.S. crude inventories and the prospect of further action by OPEC and its allies to support the market.



5 years ago

Futures rise as better earnings ease nerves

U.S. stock index futures edged higher on Thursday, as solid results from Microsoft, Lam Research and Tesla lifted sentiment following lackluster reports from big bellwether companies in the previous session.



5 years ago

These millennials earn more than $10,000 a year in side-gig income

More than half of Americans report having a side gig at some point, according to a recent survey by SunTrust Banks of around 2,000 adults. Here's how they balance a full-time job with a side gig.

5 years ago

Draghi defends legacy as ECB keeps money taps on

European Central Bank President Mario Draghi defended his ultra-easy monetary policy stance on Thursday as his eight-year tenure at the bank closes in exactly the same place he started: trying to prop up a perpetually ailing currency bloc.



5 years ago

ECB's Draghi welcomes German nominee Schnabel

European Central Bank President Mario Draghi on Thursday praised Germany's nominee for the executive board Isabel Schnabel as an excellent economist who would enhance discussions at the bank.



5 years ago

Oil rises further above $61, but weak demand outlook weighs

Oil edged further above $61 a barrel on Thursday as a surprise drop in U.S. crude inventories and the prospect of further market-supporting action by OPEC and its allies offset concern over the outlook for demand.



5 years ago

Banks Must Act Now or Risk Becoming a ‘Footnote’: McKinsey

Bloomberg | Hannah Levitt | Oct 22, 2019 More than half of the world’s banks are already in a weak position before any downturn that may be coming, according to a report from consultancy McKinsey & Co. A majority of banks globally may not be economically viable because their returns on equity aren’t keeping pace

5 years ago

Comcast tops profit forecast as it gains high-speed internet customers

Comcast Corp beat Wall Street profit and revenue estimates on Thursday, as the company added high-speed internet customers and lost more video subscribers than expected.



5 years ago

Exclusive: Software link suspected in Airbus A220 engine blowouts - sources

A probe into a series of engine failures on Airbus's smallest jet, the A220, is studying whether a software change set off unexpected vibrations that damaged fast-moving parts and forced three emergency landings, people familiar with the case said.



5 years ago

Wall Street opens higher on Microsoft, Tesla results

U.S. stocks opened higher on Thursday, as solid results from Microsoft, Lam Research and Tesla lifted sentiment.



5 years ago