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Latest News on private equity markets

Indexes briefly cut losses in choppy trade after Powell comments

U.S. stocks briefly cut losses in choppy trading on Tuesday after Federal Reserve Chairman Jerome Powell suggested openness to further rate cuts and said the time has come to allow the Fed's asset holdings to begin to expand again.



5 years ago

Boeing 737 MAX timetable uncertain as regulators continue safety review

U.S. and European Union regulators said on Tuesday they were still reviewing Boeing Co's changes to 737 MAX software after two fatal crashes, throwing into question the speed at which the grounded aircraft can return to service.



5 years ago

Weak U.S. producer inflation bolsters case for Fed rate cut

U.S. producer prices unexpectedly fell in September, leading to the smallest annual increase in nearly three years, likely giving the Federal Reserve further room to cut interest rates for the third time this year in October.



5 years ago

Indexes tumble as visa restrictions fuel U.S.-China worries

U.S. stocks ended down sharply and near the day's lows on Tuesday as news that the United States has imposed visa restrictions on Chinese officials overshadowed comments by Federal Reserve Chairman Jerome Powell suggesting openness to further interest rate cuts.



5 years ago

Goldman Sachs evaluating involvement in Megvii IPO after U.S. action

Goldman Sachs Group Inc said on Tuesday it is reviewing its involvement in Megvii Technology Ltd's planned initial public offering (IPO) in light of U.S. action against the Chinese artificial intelligence firm.



5 years ago

Fed's Powell sees 'favorable' outlook, 'sustainable' expansion

Federal Reserve chairman Jerome Powell on Tuesday flagged openness to further rate cuts to fend off global economic risks, repeating that the central bank will act "as appropriate" amid an economy likely to soon regain its footing.



5 years ago

GM strike affects about 150,000 auto industry workers: consulting firm

The prolonged strike at General Motors Co is estimated to have hit as many as 150,000 workers in the auto industry, a report from research and consulting firm Anderson Economic Group (AEG) showed on Tuesday.



5 years ago

Levi Strauss profit declines on trouble in the Americas

Levi Strauss & Co reported a 4% drop in third-quarter profit on Tuesday, as the denim apparel maker struggled to grow its wholesale business in the Americas, where it generates most of its revenue.



5 years ago

What we might learn from Trump's tax returns — if they're released

Depending on whether President Trump's tax returns are released, the public could get a peek into his sources of income. Here are the key tax forms to watch out for.

5 years ago

J&J must pay $8 billion in case over male breast growth linked to Risperdal: jury

Johnson & Johnson must pay $8 billion in punitive damages to a man who previously won $680,000 over his claims that it failed to warn that young men using its antipsychotic drug Risperdal could grow breasts, a Philadelphia jury said on Tuesday.



5 years ago

PG&E to cut off power to nearly 800,000 customers to reduce wildfire risk

Power provider PG&E Corp's unit said on Tuesday it would cut off power for nearly 800,000 customers across northern and central California to reduce wildfire risk following severe wind warnings.



5 years ago

U.S. visa move against China casts pall over talks to end trade war

The United States said on Tuesday it had imposed visa restrictions on Chinese officials for the detention or abuse of Muslim minorities, heightening tensions with Beijing and casting a pall over high-level talks to end a 15-month trade war.



5 years ago

Stocks fall as trade tensions rise further; Brexit battle hurts pound

Stocks fell on Tuesday as U.S.-China tensions rose further ahead of high-level trade talks, while the British pound sank on reports that Brexit negotiations were close to breaking down.



5 years ago

Twitter says user data meant for security purposes may have gone to advertisers

Twitter Inc said on Tuesday email addresses and phone numbers uploaded by users to meet its security requirements may have been 'inadvertently' used for advertising purposes.



5 years ago

Goldman evaluating role in Megvii IPO after AI firm put on U.S. blacklist

Goldman Sachs Group Inc said on Tuesday it was reviewing its involvement in Megvii Technology Ltd's planned initial public offering (IPO) after the U.S. government placed the Chinese artificial intelligence firm on a human rights blacklist.



5 years ago