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Latest News on private equity markets

Electric bike-sharing startup Wheels raises $50 million in latest funding round

Electric bike-sharing startup Wheels said it has raised more than $50 million in its latest funding round led by venture capital firm DBL partners, as the company looks to expand into the U.S. and international markets.



5 years ago

Whirlpool to close Italian plant amid protests

U.S.-listed white goods maker Whirlpool Corp said on Tuesday it would close its plant in Naples on Nov. 1, despite a final attempt by the Italian government to keep the site open.



5 years ago

Trump is on his way to an easy win in 2020, according to Moody's accurate election model

Moody's three models show Trump getting at least 289 electoral votes, assuming average turnout.

5 years ago

Google unveils mid-tier Pixelbook Go laptop, wireless earbuds

Alphabet Inc's Google on Tuesday unveiled a mid-tier laptop aimed at users on the go, the first of several big announcements expected at the company's annual hardware launch event.



5 years ago

D.E. Shaw pushes for break up of Emerson Electric

Hedge fund D.E. Shaw on Tuesday called for Emerson Electric Co to split itself into two separate businesses, arguing that the move could unlock more than $20 billion worth of shareholder value.



5 years ago

U.S. board to determine probable cause of Southwest engine failure that killed one

The U.S. National Transportation Safety Board said Tuesday it will meet to determine the probable cause of the April 2018 engine failure of Southwest Airlines flight 1380 that killed a passenger who was partially sucked out the window.



5 years ago

Goldman Sachs CEO says Apple Card is the most successful credit card launch ever

David Solomon provided investors with an update on the bank's new initiatives at the start of a conference call Tuesday.

5 years ago

Goldman profit falls short on weak M&A advisory; WeWork weighs

Goldman Sachs Group Inc missed Wall Street estimates for quarterly profit on Tuesday as global economic worries dampened appetite for deals, while it faced up to losses on its own high-profile investments in Uber Technologies and WeWork.



5 years ago

Wells Fargo disappoints Wall Street as legal costs mount

Wells Fargo & Co missed third-quarter profit estimates on Tuesday as mortgage income sank and the fourth-largest U.S. bank by assets braced for additional legal expenses tied to a sales practices scandal that erupted more than three years ago.



5 years ago

JPMorgan beats profit estimates, says consumer remains strong

JPMorgan Chase & Co kicked off bank earnings on Tuesday by beating Wall Street estimates for quarterly profit by a wide margin, a signal that the U.S. consumer remains strong, executives at the largest U.S. bank said.



5 years ago

Experience, not nationality, key for new CEO at France's Renault: minister

Experience in overhauling a company and a track record in industry will be more important than nationality when carmaker Renault chooses a new chief executive, France's junior economy minister said on Tuesday.



5 years ago

Goldman profit slammed by souring WeWork, Uber bets

Goldman Sachs Group Inc missed Wall Street estimates for quarterly profit on Tuesday as it took heavy losses from high-profile investments in WeWork and Uber Technologies and faced up to a weakening global economy.



5 years ago

Google unveils Pixel 4 phones with radar, more affordable laptop

Alphabet Inc's Google unveiled new Pixel smartphones with higher quality cameras, a radar sensor and faster virtual assistant on Tuesday, but failed to provide enough to set the devices apart from rivals and nix concerns about price.



5 years ago

Stocks jump on report Brexit deal may be close, oil slips

Stocks in Europe and on Wall Street jumped more than 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 economy fears.



5 years ago

You can trick yourself into saving more. Here's how

If you want a bigger cushion of cash to fall back on, research shows that two lesser-known strategies can help you get there.

5 years ago