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Latest News on private equity markets

NBA star-turned-businessman Shaq reveals the worst investment he ever made

Basketball legend-turned-businessman Shaquille O'Neal told CNBC on Wednesday about the worst investment he ever made.

5 years ago

Boeing wins $500 million U.S. defense contract: Pentagon

Boeing Co has been awarded a $500 million contract for providing F-15QA aircrew and maintenance training to Qatar's air force, the Pentagon said on Wednesday.



5 years ago

Calvin Klein owner PVH cuts full-year profit, revenue forecast

PVH Corp cut its full-year profit and revenue forecast on Wednesday, as the Calvin Klein owner sees pressure from the escalating trade tensions between the U.S. and China and the ongoing protests in Hong Kong.



5 years ago

Icahn opposes new directors chosen by Occidental CEO

Activist investor Carl Icahn on Wednesday opposed the appointment of two new directors picked by Chief Executive Officer Vicki Hollub for Occidental Petroleum Corp's board.



5 years ago

U.S. does not intend to intervene in currency markets for now, Mnuchin tells Bloomberg

U.S. Treasury Secretary Steven Mnuchin said on Wednesday the United States does not intend to intervene in currency markets for now, Bloomberg News reported.



5 years ago

PVH cuts profit and revenue forecast as tariffs, Hong Kong protests bite

PVH Corp cut its full-year profit forecast for the second time this year on Wednesday, as the Calvin Klein owner sees pressure from the protracted U.S-China trade tensions and the ongoing protests in Hong Kong.



5 years ago

Trump to announce plan to boost biofuel demand soon: U.S. agriculture secretary

U.S. President Donald Trump will announce a plan to boost demand for biofuels within weeks, his secretary of agriculture said on Wednesday, as the administration seeks to assuage farmers angered by its expanded use of oil refinery waivers.



5 years ago

USDA to probe beef market after Tyson Foods slaughterhouse fire

U.S. Agriculture Secretary Sonny Perdue ordered an investigation into widening prices between cattle and beef on Wednesday after a recent fire at a Tyson Foods Inc slaughterhouse in Holcomb, Kansas, shut the plant.



5 years ago

Argentina to extend maturities of international bonds, IMF debt: Treasury minister

Argentina will negotiate with holders of its sovereign bonds and the International Monetary Fund to extend the maturities of its debt obligations as a way of ensuring the country's ability to pay, Treasury Minister Hernan Lacunza said on Wednesday.



5 years ago

Fed's Daly says she's in a 'watch and see' mode on rates

San Francisco Federal Reserve President Mary Daly on Thursday said she is in a "watch and see" mode as she assesses the need for another U.S. interest-rate cut, but said she believes acting early is better than waiting too long.



5 years ago

IMF staff analyzing Argentina's new debt plan: spokesman

The International Monetary Fund is analyzing the impact of a new debt plan announced by Argentina's Treasury Ministry on Wednesday, an IMF spokesman said.



5 years ago

Tesla rolls out insurance in California

Tesla Inc said on Wednesday it was launching an insurance service designed to give drivers in California, its biggest market, lower rates because of safety features on its electric vehicles.



5 years ago

Samsung heir braces for top court ruling in ex-president bribery case

Samsung Group will discover the fate of its de facto leader on Thursday as South Korea's Supreme Court rules whether to uphold the bribery conviction of Jay Y. Lee, in a scandal that unseated the president and trained public ire on corporate untouchables.



5 years ago

Factbox: South Korea's top court ruling on Samsung heir and ex-president

Samsung Group will discover the fate of its de facto leader on Thursday as South Korea's Supreme Court rules whether to uphold the bribery conviction of Jay Y. Lee, in a scandal that unseated the president and trained public ire on corporate untouchables.



5 years ago

Argentina says to extend maturities of international bonds, IMF debt

Argentina will negotiate with holders of its sovereign bonds and the International Monetary Fund to extend the maturities of its debt obligations as a way of ensuring the country's ability to pay, Treasury Minister Hernan Lacunza said on Wednesday.



5 years ago