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Latest News on private equity markets

HP Inc to cut about 7,000 to 9,000 jobs

Personal computer maker HP Inc said on Thursday it will cut about 7,000 to 9,000 jobs as part of its fiscal 2020 restructuring plan.



5 years ago

New tariffs on EU food will boost prices, cost U.S. jobs: industry

New 25% U.S. tariffs on Italian cheese, French wine, Scotch whisky, British biscuits, Spanish olives and thousands of other European food products will lead to higher prices ahead of the holiday season and cost American jobs, trade groups said on Thursday.



5 years ago

HP Inc to cut about 7,000 to 9,000 jobs in restructuring push

Personal computer maker HP Inc said on Thursday it will cut about 7,000 to 9,000 jobs as part of its fiscal 2020 restructuring plan.



5 years ago

Oil edges higher but on track for big weekly loss

Oil futures edged higher on Friday but were on track for a large weekly loss on fears that slower global economic growth will hurt fuel demand, while Saudi Arabia said it has fully restored oil output after recent attacks.



5 years ago

PC maker HP to cut up to 9,000 jobs in restructuring push

U.S. personal computer maker HP Inc said on Thursday it will cut up to 16% of its workforce as part of a restructuring plan aimed at cutting costs.



5 years ago

Asia stocks edge higher but markets on tenterhooks ahead of U.S. payrolls

Asian stocks edged higher on Friday, thanks to gains on Wall Street, but the mood was cautious before a key U.S. job report that could help determine whether the Federal Reserve cuts interest rates further.



5 years ago

Asia stocks up slightly in cautious trade as focus shifts to U.S. payrolls

Asian stocks edged higher on Friday, thanks to gains on Wall Street, but the mood was cautious before a key U.S. job report that could help determine whether the Federal Reserve cuts interest rates further.



5 years ago

U.S. House panel wants Facebook's Zuckerberg to testify on Libra by January

Facebook Inc Chief Operating Officer Sheryl Sandberg has tentatively agreed to testify before a U.S. House committee on Oct. 29 about the company's plan for a digital currency, but the panel will not schedule the hearing until Chief Executive Mark Zuckerberg commits to appear by January, a congressional source said on Thursday.



5 years ago

Softbank's plans for second mega-fund hit by WeWork debacle

Softbank Group founder and CEO Masayoshi Son is struggling to raise money for a second massive technology investment fund in the wake of the failed public offering of office-rental company WeWork and sliding valuations of other major investments, according to two people familiar with the situation.



5 years ago

Cramer: 'We gotta get Netflix the hell out of FAANG'

CNBC's Jim Cramer says it's time to remove Netflix from FAANG and perhaps insert Microsoft, creating FAAM instead.

5 years ago

Why au pairs make $4.35 per hour

The federal au pair program is riddled with criticism about the low wages and long hours. So, why do au pairs only make $4.35 per hour?

5 years ago

Chevron's shale allies are its secret weapon in Exxon race

U.S. oil company Chevron Corp is turning to joint ventures and drilling alliances in its bid to dominate the Permian Basin after abandoning a takeover that would have made it the leading producer in the world's biggest shale field.



5 years ago

Walmart to test programs for U.S. workers to cut its healthcare costs

Walmart Inc said on Thursday it will begin several healthcare pilot programs for its U.S. employees starting Jan. 1 as it looks for ways to cut healthcare costs - one of the largest expenses for the retailer after wages.



5 years ago

Stocks on tenterhooks as U.S. recession signs build

A wake-up call from the U.S. heartland has spooked Wall Street by raising fears of a recession that will push equities into a correction.



5 years ago

Uber launches app aimed at connecting workers with businesses

Ride-hailing firm Uber Technologies Inc said it has launched an app to connect workers with businesses needing to fill available shifts.



5 years ago