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Latest News on private equity markets

Stocks rise on upbeat earnings, sterling drops on Brexit prospects

A host of strong earnings boosted U.S. stocks on Tuesday and world stocks edged higher in anticipation of central bank easing, while sterling fell after Brexit hardliner Boris Johnson won the leadership of Britain's Conservative Party, clearing the way for him to become prime minister.



4 years ago

White House's Kudlow hopeful on U.S.-China trade talks, agriculture buys

White House economic adviser Larry Kudlow on Tuesday said it was a good sign top U.S. officials would travel to China for in-person talks about reviving stalled trade talks, and said he expected Beijing to start buying U.S. agriculture products soon.



4 years ago

Facebook to settle FTC privacy allegations, adopt new policies: sources

The Federal Trade Commission is set to announce on Wednesday that Facebook Inc has agreed to a sweeping settlement of allegations it mishandled user privacy and pay roughly $5 billion, two people briefed on the matter said.



4 years ago

The Fed has three options. Here's the difference between them, and why anything could happen

Policymakers either can choose to hold interest rates steady, cut by a quarter point or cut by half a point. Raising rates isn't an option.

4 years ago

Stanley Druckenmiller on budget deal: Politicians will act this way until the markets 'revolt'

Stanley Druckenmiller warned that the new budget deal struck earlier this week will only add to an already-dangerous national debt problem.

4 years ago

Stocks rise on trade hopes, sterling slips on Brexit jitters

U.S. stocks added to their gains on Tuesday following news of potential progress in U.S.-China trade negotiations, while the pound fell after Brexit hard-liner Boris Johnson won the leadership of Britain's Conservative Party, clearing the way for him to become prime minister.



4 years ago

Earnings and trade optimism push Wall St. toward record high

The S&P 500 and Nasdaq approached record highs on Tuesday, lifted by upbeat quarterly reports from Coca-Cola and United Technologies and on optimism the United States would resolve its trade conflict with China.



4 years ago

UPS launches drone business, seeks to certify multiple pilots

United Parcel Service Inc , the world's largest package delivery firm, on Tuesday unveiled its drone delivery subsidiary and said it has applied for the Federal Aviation Administration certifications needed to expand the business.



4 years ago

Snap's Android fix, gender-changing lens boost users, shares up 11%

Snap Inc's Snapchat on Tuesday beat analysts' estimates for user growth and revenue, getting a boost from a better version of its Android app and the launch of a new augmented reality photo lenses.



4 years ago

Chipotle's online focus delivers same-store sales beat

Chipotle Mexican Grill Inc's focus on online ordering and aggressive spending on advertising paid off as it brought in more customers and helped it beat same-store sales estimates.



4 years ago

Trump administration split on renewing Chevron's Venezuela license

The Trump administration is split over whether to renew a license this week for energy company Chevron Corp's operations in Venezuela, with Secretary of State Mike Pompeo supporting a renewal and others opposing it, three sources with knowledge of the matter said on Tuesday.



4 years ago

Visa earnings beat on higher customer spending

Visa Inc beat analysts' estimates for quarterly earnings on Tuesday, as a robust economy encouraged customers to spend more and boosted fees for the world's largest payment processor.



4 years ago

The trade war is killing the maker of the Roomba

Shares of iRobot plummeted after the company's top executive said tariffs from the conflict will weigh on the company's numbers throughout 2019.

4 years ago

Warren Buffett's charity lunch postponed after cryptocurrency promoter falls ill

The cryptocurrency entrepreneur Justin Sun postponed his $4.57 million charity lunch with Warren Buffett after falling ill with kidney stones, according to a statement from a foundation he backs.



4 years ago

Starbucks to expand delivery with UberEats across U.S. in early 2020

Starbucks Corp said on Tuesday it would expand its partnership with UberEats to deliver food and coffee throughout the United States in early 2020.



4 years ago