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Latest News on private equity markets

Factbox: Apple's streaming TV service to cost $4.99/month; unveils new iPhones

Apple Inc on Tuesday launched a new streaming TV service, which will showcase original shows at a monthly price of $4.99, and unveiled three iPhone models featuring new camera systems.



4 years ago

Women gained in income and jobs in 2018, U.S. Census data shows

Women are landing more full-time jobs, bringing in bigger paychecks and rising out of poverty, according to U.S. Census data released on Tuesday.



4 years ago

The economic numbers are continuing to defy the recession hype

The labor market and the broader economy are both better than they look on the surface.

4 years ago

Baker Hughes says GE's presence on its board to shrink

Baker Hughes said on Tuesday it would repurchase $250 million worth of its stock from General Electric Co and the industrial conglomerate's presence in the oilfield services company's board would shrink to one from five.



4 years ago

Wall Street mixed as investors flee growth for value

The S&P 500 ended little changed on Tuesday, with a rally in energy and industrial shares countering a drop in the technology and real estate sectors as investors favored value over growth.



4 years ago

Bond yields up, stocks flat on shifting ECB views

Bond yields climbed and a gauge of world stock markets recovered from previous lows to trade flat on Tuesday, as uncertainty grew over the mix of stimulus the European Central Bank will add to boost a slumping economy this week amid fresh signs global growth was slowing.



4 years ago

Apple reveals triple-camera iPhone; $5 monthly streaming TV undercuts Disney

Apple Inc on Tuesday revealed a triple-camera iPhone, matching a feature rivals already have, and rolled out a streaming TV service priced to undercut Disney and Netflix.



4 years ago

U.S. lawmakers worry Hong Kong rules could leak high tech to China

Senior U.S. senators asked President Donald Trump's administration on Tuesday to assess U.S. export controls with regard to Hong Kong, expressing concern China could acquire sensitive technologies because of the city's special treatment under U.S. law.



4 years ago

GE to lose majority control of Baker Hughes with up to $3 billion share sale

General Electric Co is looking to raise up to $3 billion in sale of majority-owned Baker Hughes shares, resulting in a reduction of the U.S industrial conglomerate's stake in the oilfield services provider to less than 50%, Baker Hughes said on Tuesday.



4 years ago

Amid protests, U.S. lawmakers say Hong Kong rules could leak tech to China

A group of U.S. senators asked President Donald Trump's administration on Tuesday to assess U.S. export rules for Hong Kong, expressing concern China could acquire sensitive technologies because of the city's special treatment under U.S. law.



4 years ago

WeWork presses on with IPO, pushing SoftBank into a corner

Office-sharing startup WeWork is pressing ahead with plans to go public despite lukewarm interest in its shares, three sources said, leaving its largest investor, SoftBank Group , with a stark choice: take a haircut or pony up even more cash.



4 years ago

Airlines see new government in Venezuela as key to repayment of debt: IATA

International airlines are pinning their hopes on a change of government in Venezuela before some $4 billion owned to the firms by the state might be repaid, a top executive with the International Air Transport Association (IATA) said on Tuesday.



4 years ago

Bond yields, stock prices supported ahead of central bank meetings

Asian stock markets held firm and bond yields rose on Wednesday as hopes of diminishing U.S.-China tensions and reduced risk of no-deal Brexit prompted investors to take profit in risk-off trade ahead of key central bank policy meetings.



4 years ago

Brokerage Charles Schwab says to cut about 600 jobs

Discount brokerage company Charles Schwab Corp is cutting about 600 jobs after an internal review, a company spokeswoman confirmed on Tuesday.



4 years ago

Rising bond yields support value stocks ahead of central bank meetings

Bond yields climbed and stock markets held steady on Wednesday, as hopes of easing U.S.-China tensions and diminished risk of a no-deal Brexit prompted traders to take profit before key central bank meetings.



4 years ago