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Latest News on private equity markets

Main Street feels the pinch from China tariffs

Small U.S. business advocates and owners are increasingly pushing back on tariffs.

3 years ago

Building Wealth Through Pre-IPO Investing

As many companies are staying private longer, pre-IPO investing on the secondary market has been trending up. Continue reading

3 years ago

Airbus urges UTC not to be distracted by Raytheon deal

Airbus said on Friday it had urged United Technologies to "keep its eye on the ball" in its role as a commercial aerospace supplier as it moves toward a planned merger with U.S. defense contractor Raytheon.



3 years ago

Bombardier opening new California rail-car assembly site

Canada's Bombardier is opening a new facility in California that will assemble rail cars for San Francisco's rapid transit system by year's end, and potentially serve other West Coast rail projects.



3 years ago

Italy's industry ministry open to any discussions on Alitalia, including with Atlantia

Italy's industry ministry is open to discussions with any investor interested in the rescue of troubled carrier Alitalia, including infrastructure group Atlantia, two sources with knowledge of the matter said on Friday.



3 years ago

Exclusive: Mexico blamed Walmart's size, access to rivals' data in blocking app deal

Mexican officials blocked Walmart Inc's deal to buy delivery app Cornershop because Walmart could not guarantee a level playing field for rival retailers, whose customers use the app to order groceries and other goods, according to an official document and an interview with the top competition regulator this week.



3 years ago

Wall Street steadies, Broadcom warning hits chip stocks

U.S. stocks were flat to lower in late afternoon trading on Friday, though a warning from Broadcom of a broad weakening in global demand weighed on chipmakers.



3 years ago

Wall Street ends down; Broadcom warning hits chip stocks

U.S. stocks ended lower on Friday as investors were cautious going into next week's Federal Reserve meeting, while a warning from Broadcom of a broad weakening in global demand weighed on chipmakers and added to U.S.-China trade worries.



3 years ago

Global stocks dip as Fed meeting looms, oil climbs on geopolitical fears

U.S. stocks ended nominally lower on Friday as investors awaited next week's Federal Reserve meeting for signs of imminent easing, while the U.S.-Iran confrontation in the Gulf of Oman added to geopolitical uncertainty, sending oil prices higher.



3 years ago

Papa John's drops KPMG as its auditor, hires EY

Papa John's International Inc has appointed Ernst & Young LLP as its auditor for fiscal year ending December 2019 after dropping KPMG LLP, the company said in a regulatory filing on Friday.



3 years ago

Perdue Foods enters crowded plant-based alternative meat market

Perdue Foods, one of America's largest chicken producers, said it will sell frozen chicken nuggets mixed with cauliflower, chickpeas and plant protein to address a growing demand for products combining meat and vegetables.



3 years ago

Mexico ready to retaliate if U.S. imposes tariffs: minister

Mexico will be ready to retaliate in kind if the U.S. government imposes tariffs on Mexican exports to the United States, Mexican Economy Minister Graciela Marquez said on Friday.



3 years ago

Bumble owner to spend $100 million on dating apps

The owner of dating app Bumble said on Friday it would revamp its holding structure and spend $100 million, as it looks to better compete with Match Group's Tinder.



3 years ago

Papa John's dismisses KPMG as its auditor, hires EY

Papa John's International Inc said on Friday it dismissed KPMG LLP as its financial auditor after the accounting firm pointed out that the pizza chain did not maintain effective internal control over its financial reporting last year. The company has appointed Ernst & Young LLP, which served as its auditor between 1990 and 2017, to handle the accounts for fiscal year ending December 2019, it said in a regulatory filing.



3 years ago

American Airlines asks court to end 'devastating' slowdown by unions

American Airlines Group Inc on Friday asked a federal court to quickly halt an alleged illegal slowdown by mechanics' unions that has become "devastating" to the airline's operations.



3 years ago