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Latest News on private equity markets

Ahead of renewed talks, Washington, Beijing prepare ground for trade deal

The United States on Thursday welcomed China's promise to buy agricultural goods while maintaining the threat of U.S. tariff hikes as the world's two largest economies sought to prepare the ground for upcoming in-person talks.



5 years ago

ECB's Draghi faced pushback from heavyweights on new bond buys: sources

European Central Bank President Mario Draghi faced pushback from the representatives of Germany and France as well as at least one of his own board members on Thursday when he pushed for resuming the ECB's bond-buying program, three sources told Reuters.



5 years ago

ECB's tiered rate is cold comfort for euro zone banks

The European Central Bank is giving euro zone banks a small reprieve from a penalty charge on their idle cash but this is likely to prove too little, too late for a sector hurt by years of low interest rates.



5 years ago

Stocks climb, bond yields off lows, on trade progress hopes

A gauge of global stock markets touched its highest since late July on Thursday after fresh hints of progress in the U.S.-China trade dispute, sending bond yields off lows hit earlier in the wake of the European Central Bank's new stimulus measures.



5 years ago

Uber is sued over resistance to California 'gig' employment law

A driver for Uber has sued the company for misclassifying its drivers as independent contractors, hours after California legislators voted to help thousands of those workers become, and enjoy the benefits of being, employees.



5 years ago

Exclusive: Ahead of trade talks, China makes biggest U.S. soybean purchases since June - traders

Chinese importers bought at least 10 boatloads of U.S. soybeans on Thursday, their most significant purchases since at least June, traders said, ahead of high-level talks next month aimed at ending a bilateral trade war that has lasted more than a year.



5 years ago

Grand jury indicts GE's Baker Hughes for exposing workers to toxic chemicals

A grand jury in Alaska this week indicted General Electric's Baker Hughes , two of its subsidiaries and an employee, for 25 felony charges of assault relating to toxic chemical releases at a construction site, according to authorities.



5 years ago

Goldman Sachs hires former Amazon executive for top technology role

Goldman Sachs is beefing up its technology team by bringing in a top Amazon cloud executive.

5 years ago

SmileDirectClub falls 11% in U.S. market debut

Shares of SmileDirectClub , a teeth alignment company, tumbled 10.7% in their market debut on Thursday, after the company's initial public offering was priced above expectations.



5 years ago

U.S. probes 553,000 Nissan Rogue SUVs for unintended emergency braking

The National Highway Traffic Safety Administration has opened a preliminary investigation into 553,000 Nissan Rogue sport utility vehicles after reports of their automatic emergency braking systems engaging without warning or an obstruction, the agency said on Thursday.



5 years ago

Self-employed? Here's why your retirement savings are falling short

Independent contractors are facing two huge obstacles when it comes to retirement security: low earnings and low savings levels, according to The Pew Charitable Trusts. Here's how to catch up.

5 years ago

Wall Street gets boost from easing trade concerns, euro zone stimulus

U.S. stocks were on track for a second straight session of gains on Thursday, after a stimulus drive by the European Central Bank added to an upbeat mood from trade concessions by Washington and Beijing ahead of planned negotiations in October.



5 years ago

Senate approves full term for Fed's Bowman

The U.S. Senate voted on Thursday to confirm Federal Reserve Governor Michelle Bowman to a full 14-year term.



5 years ago

A crazy last 12 hours has put the market inches away from a record: Here's what happened

Here's what investors need to know about what's happening in this rapidly changing U.S. market environment.

5 years ago

Wall Street advances on trade concessions, euro zone stimulus

Wall Street advanced on Thursday, and the S&P 500 hovered a hair's breadth below its all-time high, buoyed by positive developments on the U.S.-China trade front and a promise of continued stimulus from the European Central Bank.



5 years ago