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Latest News on private equity markets

Global stocks under pressure as bond markets ring recession alarms

World stocks slipped on Wednesday as a deepening inversion of the U.S. bond yield curve a day earlier reignited worries over the possibility of recession, sending investors towards perceived safe-haven assets from the Japanese yen to gold.



5 years ago

United Airlines moving its Boeing 737 MAX jets to short-term storage in Arizona

United Airlines said on Wednesday it is beginning the process of moving its 14 Boeing 737 MAX jets to short-term storage at Phoenix Goodyear Airport in Arizona, where weather conditions are more favorable to store aircraft.



5 years ago

Here are the biggest analyst calls of the day: Monster, JetBlue & more

Here are the biggest calls on Wall Street on Wednesday

5 years ago

Politics is hindering the effectiveness of financial education

Financial education is not a conservative or liberal issue. While bipartisanship in today's political environment seems to be in short supply, financial literacy should strive to be one of the few areas of agreement within the political spectrum.

5 years ago

Stock futures lower on recession worries

U.S. stock index futures fell on Wednesday after moves in the U.S. bond market returned investors to worrying about the risk of recession as a bruising U.S.-China trade war drags on.



5 years ago

Even in uncertain times like these, cash is still a bad idea for investors, UBS says

A retreat into cash is not the answer, despite global economic uncertainty, UBS said Wednesday.

5 years ago

Wall Street opens lower as recession fears loom

Wall Street's main indexes opened lower on Wednesday after moves in the U.S. bond market brought back fears of a recession as the U.S.-China trade war drags on.



5 years ago

China's Fosun set to save Thomas Cook as key terms agreed

British travel operator Thomas Cook Group said on Wednesday it had agreed the main terms of a rescue package that will see China's Fosun Tourism take over its tour operations and creditor banks and bondholders acquire its airline.



5 years ago

Tiffany says sales could miss estimates if Hong Kong protests continue

Tiffany & Co warned on Wednesday of the impact the ongoing protests in Hong Kong are having on the company's sales, and said any deterioration in the situation may result in the jeweler's full-year sales coming in below its own forecasts.



5 years ago

Burger King's China franchisee hires Citi for stake sale: sources

Tab Food Investments (TFI), the biggest worldwide franchisee of Burger King, has asked Citigroup to help to sell a minority stake in the business in China and Turkey, a deal which could fetch at least $200 million, two sources familiar with the matter said.



5 years ago

Amazon in talks for stake in Indonesia's ride-hailing startup Go-Jek: source

Amazon.com Inc is in early talks with Go-Jek Group to buy a stake in the Indonesian ride-hailing startup, a source familiar with the matter told Reuters on Wednesday.



5 years ago

Gas prices drop to a 3-year Labor Day low, as more drivers hit the road this weekend

With gas prices at a 3-year low for the Labor Day weekend, more Americans will head out on road trips for the holiday. Depending on where they live, they might have more cash to spend.

5 years ago

Tiffany sales fall on tourist spending drop in U.S., but earnings beat estimates

Luxury jeweler Tiffany & Co said on Wednesday declines in tourist spending in the United States dragged on sales, but it reported quarterly earnings that beat estimates on increased spending by local customers in mainland China and a cut-back on marketing costs.



5 years ago

Citi raises minimum wage to $15 per hour

Citigroup Inc. raised its minimum wage to $15 per hour earlier this year following pressure from politicians and similar moves by other big banks.



5 years ago

Fitbit unveils Versa 2 smartwatch with Amazon's Alexa

Fitbit Inc on Wednesday launched its latest smartwatch, Versa 2, adding Amazon.com Inc's voice assistant Alexa, online payments and music storage in a bid to compete strongly with Apple Inc's smartwatches.



5 years ago