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Latest News on private equity markets

Boeing suspends testing of 777X aircraft

Boeing Co on Saturday announced it had suspended testing of its new widebody 777X aircraft as media reports said a cargo door failed in a ground stress test.



5 years ago

Albertsons Companies joins supermarkets in changing guns policy

Supermarket operator Albertsons Companies said on Saturday it would ask customers not to openly carry firearms at its stores, joining an array of retailers and store chains this week who changed their gun policy in light of several mass shootings in the United States.



5 years ago

Boeing suspends load test for new 777X aircraft

Boeing Co on Saturday announced it had suspended load testing of its new widebody 777X aircraft as media reports said a cargo door failed in a ground stress test.



5 years ago

Qualcomm to expand 5G chips into mid-priced phones next year

Qualcomm Inc said on Friday it will put fifth-generation, or 5G, technology into chips powering mid-priced mobile phones starting next year, expanding use of chips now found almost exclusively in pricey phones such as Samsung's $1,299 Galaxy S10 5G model.



5 years ago

Facebook to face antitrust probe by state attorneys general

Several U.S. state attorneys general will investigate Facebook Inc on whether the social network stifled competition and put users at risk, days after reports that Google would face an antitrust probe from a host of attorneys general.



5 years ago

The Rise of Vietnam – the new Asian Innovation hub

Daily Fintech | Arunkumar Krishnakumar | Sep 6, 2019 Poor existing banking infrastructure? No major Unicorns from the local ecosystem? – No problem. The rise of Vietnam as an innovation/Fintech hotbed is a fascinating trend. A tech savvy population, supportive government regulations, and high smartphone penetration – a great combo that has done wonders to

5 years ago

China reserves cut extends risk rally, U.S. jobs data falls flat

Stimulus from China capped a strong week for global share markets on Friday, as mixed U.S. jobs data kept bond buyers and dollar dealers on the back foot after the first significant selloffs in those assets in months.



5 years ago

Wall St. opens higher after China stimulus plan, jobs data

U.S. stocks opened higher on Friday as China rolled out a stimulus plan to shore up its flagging economy and weak jobs data cemented expectations of an interest rate cut by the Federal Reserve later this month.



5 years ago

U.S. job growth slows further; wages, hours pick up

U.S. job growth slowed more than expected in August, with retail hiring declining for a seventh straight month, but strong wage gains should support consumer spending and keep the economy expanding moderately amid rising threats from trade tensions.



5 years ago

U.S. August payrolls rose less than expected

U.S. job growth slowed more than expected in August, with retail hiring declining for a seventh straight month, but strong wage gains should support consumer spending and keep the economy expanding moderately amid rising threats from trade tensions.



5 years ago

Novo Nordisk to cut insulin prices in the U.S.

Novo Nordisk will offer cheaper insulin to U.S. diabetics, the Danish drugmaker said on Friday, in response to criticism over the high price of the medication and after similar moves by rivals Sanofi and Eli Lilly.



5 years ago

Cramer to Fed's Powell: Just admit you were wrong to hike rates so aggressively and move on

"The Fed chair should be bullied by the bond market. And the bond market is saying, 'Whoa, are you wrong,'" says CNBC's Jim Cramer.

5 years ago

Years of forex market calm sends currency funds to the wall

The Chinese yuan's tumble is stirring hopes of a long-awaited volatility boost for forex markets but any rise will be too late for the currency funds that have shut down this year, and it may be too small to hold out much hope for those that remain.



5 years ago

Larry Kudlow says phone call earlier this week with China on trade 'went very well'

White House economic advisor Larry Kudlow said recent conversations with China "went very well."

5 years ago

The disappointing jobs report would have been much worse without newly hired Census workers

The federal government hired 25,000 temporary workers in August in preparation for the 2020 Census, giving the overall jobs gain a big bump.

5 years ago