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Latest News on private equity markets

The IRS is going after some cryptocurrency holders for back taxes

The tax man knows that you're quietly trading virtual currency, and now it's time to pay the piper.

4 years ago

Dish Network has tough road to become competitive mobile carrier

Dish Network's bid to become a fourth U.S. mobile carrier may cost billions more than it expected and pits it against corporate giants, but the satellite TV provider has an advantage in starting fresh, with no legacy technology to maintain, and deep-pocketed potential partners are standing by.



4 years ago

U.S. economy slows in second quarter ; weak business investment a red flag

U.S. economic growth slowed less than expected in the second quarter as a surge in consumer spending blunted some of the drag from declining exports and a smaller inventory build, which could further allay concerns about the economy's health.



4 years ago

Oil up on U.S. economic data, Strait of Hormuz tanker dispute

Oil prices inched up on Friday, on track for a weekly increase, boosted by upbeat U.S. economic data and concerns over the safety of oil transport around the Strait of Hormuz.



4 years ago

London Stock Exchange in talks to combine with Refinitiv: FT

The London Stock Exchange Group Plc is in talks to combine with financial data analytics and trading platform Refinitiv, the Financial Times reported on Friday, citing people briefed on the matter.



4 years ago

U.S. stocks bounce back; dollar climbs on GDP data, upbeat earnings

The S&P 500 and the Nasdaq hit fresh intraday highs and the dollar reached a two-month peak on Friday as strong economic data and a stream of upbeat earnings reports stoked investor sentiment.



4 years ago

Sprint, T-Mobile win U.S. antitrust approval for $26 billion merger

T-Mobile US Inc won U.S. antitrust approval for its $26 billion takeover of rival Sprint Corp, the Justice Department said on Friday, clearing a major hurdle to a deal that would merge the nation's third and fourth largest wireless carriers.



4 years ago

Oil gains on U.S. economic data, Gulf crude tanker dispute

Oil prices inched up on Friday, ending the week higher after stronger-than-expected U.S. economic data brightened the crude demand outlook and concerns over the safety of oil transport around the Strait of Hormuz threatened supply.



4 years ago

T-Mobile says cost to close merger with Sprint should come down by 10%

T-Mobile US said on Friday that the cost required to acquire smaller rival Sprint will come down by 10 percent from the initial $26.5 billion following the divesture of assets to Dish Network.



4 years ago

Alphabet, Starbucks send Wall Street to record high

Robust earnings from Alphabet and Starbucks pushed the S&P 500 and Nasdaq indexes to record highs on Friday, with support from data showing U.S. economic growth slowed less than expected in the second quarter.



4 years ago

Democrat calls for 'good faith' talks with USTR on USMCA trade deal

The Democratic head of the U.S. House Ways and Means Committee on Friday called for "good faith" negotiations with the Trump administration to address concerns about the new U.S.-Mexico-Canada trade agreement and pave the way for its passage.



4 years ago

Trump says he expects Apple to announce it will build plant in Texas

U.S. President Donald Trump said on Friday he wanted Apple Inc to build its plants in the United States and expects the technology firm to announce it will build one in Texas.



4 years ago

S&P 500, Nasdaq hit record highs; dollar gains ground

The S&P 500 and the Nasdaq closed at record levels and the dollar reached a two-month high on Friday as strong economic data and a string of upbeat earnings reports brought buyers back to the market.



4 years ago

Anadarko Petroleum adjusted profit falls 10%

Anadarko Petroleum Corp , which is being bought out by rival Occidental Petroleum Corp , reported a 10.4% fall in quarterly adjusted profit on Friday, hit by lower oil and gas prices.



4 years ago

S&P, Nasdaq hit closing records with help from Alphabet, Starbucks

Robust earnings from Alphabet and Starbucks pushed the S&P 500 and Nasdaq indexes to record highs on Friday, with support from data showing U.S. economic growth slowed less than expected in the second quarter.



4 years ago