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Latest News on private equity markets

Facebook's Libra faces support test after payment giants jump ship

Facebook's Libra cryptocurrency faces a pivotal meeting of backers on Monday, days after the ambitious project to bring digital coins into mainstream commerce suffered a severe setback when major payment firms quit.



5 years ago

Factbox: Facebook's Libra in trouble as firms jump ship

A number of payment processors and fintech companies that joined Facebook Inc's digital currency project Libra with great fanfare earlier this year, have abandoned the project, dealing a blow to the social media giant's plans.



5 years ago

Wall St. flat as trade optimism wanes, earnings in focus

U.S. stocks paused on Monday after three sessions of gains as a lack of clarity over the first phase of a U.S.-China trade deal weighed on sentiment, while investors geared up for the third-quarter earnings season.



5 years ago

Harley-Davidson halts electric motorcycle production

Harley-Davidson Inc said on Monday it has stopped production of its first electric motorcycle after discovering a glitch in the final quality checks.



5 years ago

Not having long-term care insurance can be 'the single biggest devastator' of your financial plan

No one likes to think about needing long-term care. Yet the reality is that many people will at some point in their life.

5 years ago

Oil falls more than 2% on doubts around phase one of U.S.-China trade deal

Oil prices slumped more than 2% on Monday on worries that global crude demand could stay under pressure as a lack of details about the first phase of a U.S.-China trade deal dimmed hopes for a quick resolution to the tariff fight.



5 years ago

Wall Street takes a breather after trade talks, eyes on earnings

Wall Street struggled for direction on Monday as inconclusive U.S.-China trade negotiations dampened sentiment and investors turned toward third-quarter earnings season, which begins in earnest on Tuesday.



5 years ago

Facebook's Libra support shrinks further as Priceline owner jumps ship

Facebook Inc's Libra cryptocurrency faced a pivotal meeting of backers on Monday, after the ambitious project to bring digital coins into mainstream commerce suffered another defection, from online travel company Booking Holding.



5 years ago

Exclusive: Deutsche Bank took years to flag suspect Danske money flows - source

Deutsche Bank did not disclose more than one million suspect money transfers with Danske Bank until February, a person with direct knowledge of the matter said, about five years after a whistleblower flagged suspicious transactions at Danske.



5 years ago

These stock plans let you invest your company's upside, but come with risk

Employee stock purchase plans offer a way to potentially boost your bottom line. As with all investments, there are no guarantees. Plus, there may be other financial milestones you want to reach first.

5 years ago

U.S. House panel 'strongly' urges Uber, Lyft to take part in hearing

The chairman of the U.S. House of Representatives' Transportation and Infrastructure Committee "strongly urged" Uber Technologies Inc and Lyft Inc to participate in a hearing set for Wednesday on issues facing the ride hailing industry.



5 years ago

SmileDirectClub is now the worst unicorn IPO of 2019, down nearly 60% from its debut

Shares of SmileDirectClub sank to a new all-time low Monday after a California bill regulating the dental industry was extended through 2024.

5 years ago

Stocks pause on unsettled trade deal; earnings eyed

Wall Street edged lower on Monday as uncertainties following recent U.S.-China trade negotiations clouded sentiment and investors turned their focus on the third-quarter earnings season, which begins in earnest on Tuesday.



5 years ago

Oil falls more than 2% on U.S.-China trade deal doubts, stronger dollar

Oil prices lost about 2% on Monday on worries that global crude demand could stay under pressure as few details about the first phase of a U.S.-China trade deal did little to assure a quick resolution to the tariff fight.



5 years ago

Oilfield services firm ProPetro cuts almost 150 workers: sources

ProPetro Holding Corp this month cut about 150 workers, people familiar with the matter said on Monday, the latest sign of growing trouble in the oilfield services sector as U.S. shale producers reduce drilling.



5 years ago