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Latest News on private equity markets

Exxon Mobil to sell some of its Norway assets for $4.5 billion

Exxon Mobil said on Thursday it's selling its upstream assets in Norway for $4.5 billion.

5 years ago

Wall Street drops as Huawei report, Washington turmoil weigh

Wall Street's main indexes fell on Thursday after a report that the United States is unlikely to extend a waiver allowing American firms to supply China's Huawei, added to worries over an inquiry into the impeachment of President Donald Trump.



5 years ago

New York sues Dunkin' Donuts over cyberattacks

The parent of Dunkin' Donuts was sued on Thursday by New York Attorney General Letitia James, who accused the chain of failing to protect hundreds of thousands of customers whose accounts were targeted in a series of "brute force" cyberattacks.



5 years ago

Gap to hire fewer workers for holiday season

Gap Inc said on Thursday it plans to hire more than 30,000 seasonal workers for the upcoming holiday season, lower than the 65,000 target the apparel retailer had set for 2018.



5 years ago

NYU's 'Dean of Valuation' says Peloton is worth only $19 with 'benefit of every doubt'

Peloton is worth $19 a share at most, according to Wall Street's valuation guru.

5 years ago

Wall Street cuts losses after Chinese foreign minister comment

The S&P 500 reversed losses to trade flat on Thursday after the Chinese foreign minister said the United States has shown good will by waiving tariffs on Chinese products.



5 years ago

TD Ameritrade shares tank after Interactive Brokers unveils new service

Interactive Brokers announced a new product that will provide commission-free trades.

5 years ago

Boeing did not adequately consider pilot reactions in 737 MAX: NTSB

Boeing Co failed to adequately consider how pilots respond to cockpit emergencies in its 737 MAX safety assessment and may need to make changes to flight deck alerts, pilot procedures and training, the National Transportation Safety Board said.



5 years ago

WeWork's Neumann voted to oust himself as CEO after failed IPO: sources

When WeWork's directors voted on Tuesday to oust Adam Neumann as chief executive after a failed attempt to take the office-sharing startup public, Neumann cast his vote against himself, according to three people familiar with the situation.



5 years ago

Tesla shares jump on leaked deliveries email, entertainment software update

Tesla Inc shares closed up 6% on Thursday on a report that Chief Executive Officer Elon Musk saw "a shot" at delivering 100,000 cars this quarter and the company said it will roll out a software update for watching movies and playing games in cars.



5 years ago

Wall Street dips as whistleblower report adds to investor caution

U.S. stocks slipped on Thursday as the release of a whistleblower report tied to the Democrats' impeachment move against President Donald Trump kept uncertainty high, while trade comments from China's top diplomat helped to limit losses.



5 years ago

China's top diplomat says Beijing willing to buy more U.S. products

China's top diplomat said on Thursday that China was willing to buy more U.S. products and said trade talks would yield results if both sides "take more enthusiastic measures" to show goodwill and reduce "pessimistic language" in the trade dispute.



5 years ago

Internet sector contributes $2.1 trillion to U.S. economy: industry group

The rapidly growing internet sector accounted for $2.1 trillion of the U.S. economy in 2018, or about 10% of the nation's gross domestic product (GDP), an industry group said on Thursday.



5 years ago

U.S.-China trade negotiations set to resume on October 10: CNBC

Trade talks between the United States and China are set to resume on Oct. 10 in Washington, CNBC reported on Thursday, citing three people close to the talks.



5 years ago

Beyond Meat shorts lose over $80 million in one day as stock surges on McDonald's partnership

Beyond Meat stock jumped on Thursday and that's putting pressure on the hundreds of millions of dollars that investors have bet against the stock.

5 years ago