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Latest News on private equity markets

Chinese smartphone maker Xiaomi misses estimates as competition hots up at home

China's Xiaomi Corp reported 15% growth in quarterly revenue on Tuesday, missing estimates, as fewer people bought smartphones at home and rival Huawei grabbed market share.



5 years ago

U.S. Steel plans to lay off hundreds of workers in Michigan

United States Steel Corp will temporarily lay off hundreds of workers at its Great Lakes facility in Michigan in coming weeks, according to a filing the steelmaker made with the State of Michigan.



5 years ago

Qualcomm strikes new licensing deal with LG

Qualcomm Inc said on Tuesday that it has entered into a new five-year patent license agreement with LG Electronics Inc to develop, manufacture and sell 3G, 4G and 5G smartphones.



5 years ago

JP Morgan's trading guru says stock rebound to continue, yield decline not based on fundamentals

For investors still haunted by last week's monster sell-off, the market's comeback is set to last, according to J.P. Morgan's quant guru.

5 years ago

Oil edges lower, but hopes on easing trade tensions cap losses

Oil prices edged lower on Tuesday on persisting concerns over demand, but optimism U.S.-China trade tensions will ease and hopes major economies will take stimulus measures to ward off a potential economic slowdown capped losses.



5 years ago

How to break the cycle of fear and start investing

Investing your way to $1 million may seem impossible but any amount starts with the same dollar.

5 years ago

Global stocks inch higher as stimulus hopes spur tentative rebound

Stock markets edged higher on Tuesday as investors welcomed signs that more monetary and fiscal stimulus was on its way, hoping more easing would help stave off a major global economic downturn.



5 years ago

Pompeo: 'No mixed messages' from U.S. on Huawei

U.S. Secretary of State Mike Pompeo said on Tuesday the United States was not sending "mixed messages" on Huawei Technologies and he does not believe a U.S. blacklist of the Chinese telecommunications giant will block a trade deal with Beijing.



5 years ago

Wall St. opens slightly lower; Home Depot caps losses

U.S. stocks opened slightly lower on Tuesday, after three straight session of gains, but upbeat earnings from Dow Industrial component Home Depot limited losses.



5 years ago

Mercedes reviews vans model portfolio as diesel debate hammers sales

Daimler is reviewing the product portfolio at its vans division, where sales have been hit hard by doubts about the cleanliness of diesel engined vehicles, Mercedes-Benz executive Marcus Breitschwerdt said on Tuesday.



5 years ago

Can't wait until 70? This is the next best age to claim Social Security benefits

Waiting until 70 to claim retirement benefits is generally best. But if you cannot delay that long, there is another option that's almost as good.

5 years ago

Exclusive: Cigna seeks sale of group benefits insurance business - sources

U.S. health insurer Cigna Corp is exploring a sale of its group benefits insurance business, which could be valued at as much as $6 billion, four people familiar with the matter said on Tuesday.



5 years ago

Wall Street set to snap three-day win streak as financials weigh

U.S. stocks eased on Tuesday after three sessions of strong gains, weighed by declines in financial companies, while better-than-expected results propped up retailer Home Depot.



5 years ago

Former GOP senator: Facebook has 'significant work' to address conservatives concerns

A year-long review by a former Republican U.S. senator says Facebook Inc has "significant work to be done to satisfy" concerns from conservatives that believe the social media website to be biased against conservatives.



5 years ago

Kyle Bass says US interest rates will follow the rest of the world to zero — 'This is insane'

U.S. interest rates will keep falling and follow global interest rates all the way down to zero, hedge fund manager Kyle Bass said.

5 years ago