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Latest News on private equity markets

Exclusive: Exxon agrees $4 billion sale of Norway oil and gas assets - sources

Exxon Mobil has agreed to sell its Norwegian oil and gas assets for up to $4 billion, marking the U.S. firm's exit from production in the country after more than a century, three sources familiar with the matter said on Thursday.



4 years ago

Macy's sees savings of up to $550 million from targeted promotions, better pricing

Macy's Inc said on Thursday it aimed to save $400 million to $550 million annually in the next two to four years, as the department store chain cuts back on discounts, sending its shares up 5% in mid-day trading.



4 years ago

Walgreens changes firearm policy, joining Kroger and Walmart

Walgreens Boots Alliance Inc said on Thursday it would start asking customers to no longer carry firearms in its stores, joining Walmart Inc and Kroger Co in tweaking its gun policy following several deadly shootings in the United States.



4 years ago

Peugeot, Dongfeng agree to restructuring plan for Chinese venture

Peugeot automaker PSA Group and its Chinese partner Dongfeng Group have hammered out a plan to restructure their joint venture operations, slashing costs in the short term and aiming to boost annual sales to 400,000 vehicles by 2025, PSA said on Thursday.



4 years ago

Goldman is culling the ranks of its richest employees amid CEO David Solomon's internal review

The move comes as Solomon, nearing his one-year anniversary as CEO of Goldman Sachs, is pushing ahead on an internal review of the firm's businesses.

4 years ago

Robust economic data, easing trade worries push Wall Street higher

U.S. stocks hit a one-month high on Thursday on hopes of a de-escalation in trade tensions after Washington and Beijing agreed to hold high-level talks next month, while strong economic data eased concerns of a domestic slowdown.



4 years ago

Stripe, the world's most valuable private fintech company, is getting into lending

The world's most valuable fintech company is moving into a new area of banking: loans.

4 years ago

Don't sound the all-clear yet: Stocks have struggled to stay at these levels

For all the volatile moves seen in the stock market recently, there has been one constant: The S&P 500 cannot stay above 2,930.

4 years ago

LEAH Labs on Wefunder

"LEAH (LifEngine Animal Health) Labs is developing chimeric antigen receptor (CAR) T cell therapy to fight canine cancer. CAR T cell therapy is the hottest area of cancer research today, and it has been shown to cure certain types of human blood cancers. Our furry friends get one of the same types of cancer that [...]


The post LEAH Labs on Wefunder appeared first on Crowditz.


4 years ago

Soar Robotics on Republic

"Soar Robotics’ cloud-based AI products make drones and any aerial vehicles smart and connected. We produce fully autonomous aerial vehicles that automate the work of humans in industrial applications."


The post Soar Robotics on Republic appeared first on Crowditz.


4 years ago

What trade fears? Wall Street is back in rally mode

U.S. stocks surged on Thursday on expectations of a de-escalation in trade tensions after Washington and Beijing agreed to hold high-level talks next month, while strong economic data eased fears of a domestic slowdown.



4 years ago

Sprint loses in Maryland cellphone trafficking appeal

A federal appeals court on Thursday threw out a $26.9 million award in favor of Sprint Corp , in a setback to the company's years-long campaign to stop what it calls cellphone trafficking.



4 years ago

Walgreens asks shoppers to not openly carry firearms, joins Kroger and Walmart

Walgreens Boots Alliance Inc said on Thursday it would start asking customers to not carry firearms in its stores, joining Walmart Inc and Kroger Co , in a change of gun policy following several deadly mass shootings in the United States.



4 years ago

Kroger to sell its own plant-based meat products

Kroger Co on Thursday said it would launch its own line of meatless burger patties, as the supermarket chain tries to cater to a growing appetite for plant-based meat alternatives, made popular by Beyond Meat .



4 years ago

Fmr Rep. Harold Ford Jr: Washington must avoid half-measures and misguidance on legislating crypto

The lack of clarity from the federal government on the cryptocurrency industry is stifling American innovation.

4 years ago