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Latest News on private equity markets

Longtime Berkshire Hathaway shareholder sells stake, accusing Warren Buffett of 'thumb-sucking'

David Rolfe, a longtime Berkshire Hathaway shareholder and CIO at Wedgewood Partners, is fed up with Warren Buffett.

5 years ago

Industrial earnings take center stage in third quarter with trade, economy in focus

Profit reports from big manufacturers and other industrial firms arriving this week will provide investors with a crucial corporate gauge of the U.S. economy's health and the fallout from trade tensions between Washington and Beijing.



5 years ago

Southwest pilots union sees 737 MAX return in February or later

A union representing pilots at Southwest Airlines Co on Monday said it believes the grounded Boeing 737 MAX will likely return to the skies in "probably a February time frame to say the least."



5 years ago

In new headache, WeWork says it found cancer-causing chemical in its phone booths

Cash-strapped WeWork, the office-sharing company that is trying to negotiate a financial lifeline, has a new problem that may prove costly. It has closed about 2,300 phone booths at some of its 223 sites in the United States and Canada after it says it discovered elevated levels of formaldehyde.



5 years ago

Southwest pilots say 737 MAX return may be delayed beyond Boeing's fourth quarter goal

Southwest Airlines pilots predicted on Monday that the grounded Boeing 737 MAX airplane will return to the skies around February, weeks later than Boeing and airlines have projected.



5 years ago

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

Uber Technologies Inc and Lyft have declined to appear at a hearing on Wednesday on ride-hailing industry issues, the chairman of the U.S. House of Representatives panel said, urging them to reconsider.



5 years ago

SoftBank's Claure announces investment in Mexican startup Kavak

Japan's SoftBank will invest in Mexican used car platform Kavak, the group's chief operating officer Marcelo Claure said on Monday, adding to SoftBank's growing portfolio in Latin America.



5 years ago

Facebook's Libra announces board as support shrinks further

Backers of Facebook Inc's Libra cryptocurrency project pledged to forge ahead after selecting a five-member board on Monday, shrugging off the latest member defection by online travel company Booking Holding earlier in the day.



5 years ago

UAW calls Thursday meeting to update union leaders on GM strike talks: sources

The union representing the 48,000 workers who have been striking General Motors Co for about a month have scheduled a meeting on Thursday to update the leaders of the various union locals from around the country on the status of the talks, several people familiar with the plans said on Monday.



5 years ago

Exclusive: No choice but to invest in oil, Shell CEO says

Royal Dutch Shell still sees abundant opportunity to make money from oil and gas in coming decades even as investors and governments increase pressure on energy companies over climate change, its chief executive said.



5 years ago

Stocks make cautious gains ahead of key Brexit summit

Asian stocks and Wall Street futures inched higher on Tuesday as some investors held out hope that Britain still had a chance to avoid a messy exit from the European Union at key negotiations this week.



5 years ago

Barneys nears bankruptcy deal with Authentic Brands, Saks owner: sources

U.S. luxury department-store chain Barneys New York Inc is nearing a roughly $270 million deal with brand developer Authentic Brands Group that could lead to Barneys shops opening in Saks Fifth Avenue stores, people familiar with the matter said on Monday.



5 years ago

Open Banking Era Starts in Australia (Feb 2020)

Sky News | Robin Scarborough, Deloitte Digital | Oct 14, 2019 The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant

5 years ago

Stocks rise on cautious Brexit deal hopes, oil extends losses

Asian stocks and Wall Street futures inched higher on Tuesday as some investors held out hope that Britain still had a chance to avoid a messy exit from the European Union at key negotiations this week.



5 years ago

Oil prices extend losses as weak China data compounds U.S.-China trade deal doubts

Oil prices dropped again on Tuesday after falling heavily in the previous session, as weak Chinese economic data for September added to lingering concerns about the feasibility of the U.S.-China trade deal announced by President Trump late last week.



5 years ago