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Latest News on private equity markets

Wall Street surges after upbeat economic data

Wall Street's main indexes were sharply higher on Thursday as better-than-expected domestic and Chinese data as well as a firming yuan offered some relief to investors alarmed by a week of blow and counterblow between Beijing and Washington over trade.



5 years ago

Facebook loses facial recognition technology appeal, must face class action

A federal appeals court on Thursday rejected Facebook Inc's effort to undo a class action lawsuit claiming that it illegally collected and stored biometric data for millions of users without their consent.



5 years ago

Carl Icahn is not sure rate cuts can fix problems facing the economy, says it can't be that easy

Longtime activist investor Carl Icahn is doubtful rate cuts can simply solve the problems facing the economy.

5 years ago

Barrick Gold plans to sell Tongon gold mine in Ivory Coast - BBG

Barrick Gold Corp is looking to sell its Tongon gold mine in the Ivory Coast and is working with Bank of Nova Scotia to identify buyers, Bloomberg said https://www.bloomberg.com/news/articles/2019-08-08/barrick-said-to-weigh-sale-of-tongon-mine-amid-asset-disposals on Thursday.



5 years ago

In your 50s? How to get serious about planning for retirement

For people who have passed the half-century mark, here are five tips to prepare for the next phase of life.

5 years ago

Analysts are hesitant to change stock calls during trade war: 'It can all change with a tweet'

Pricing in a trade war is hard enough, but it's being made even more challenging by having to account for Trump's Twitter feed.

5 years ago

Capital One data breach shows why it shouldn’t be a tech company that does banking

ComplianceX | The Compliance Exchange | Aug 8, 2019 Once upon a time, any financial institution entrusted with your money and sensitive information would be housed in an imposing building made of granite. Its vault, often visible from the lobby, was formidable. And its managers would always be prudent, conservative types. Think Fidelity Fiduciary Bank, the fictional institution in the Mary

5 years ago

Wall Street jumps, with tech leading the advance

U.S. stocks jumped on Thursday, led by a more than 2% gain in technology shares, while better-than-expected economic data in the United States and China helped to offset worries about the trade war.



5 years ago

New U.S. pipelines poised to start price war for shale shippers

The operators of two new pipelines in West Texas shale fields are offering discounted prices to attract shippers accustomed to high fees to move oil to export hubs, according to the pipeline companies and federal filings.



5 years ago

Facebook loses facial recognition appeal, must face privacy class action

A federal appeals court on Thursday rejected Facebook Inc's effort to undo a class action lawsuit claiming that it illegally collected and stored biometric data for millions of users without their consent.



5 years ago

Oil rises more than 2% on firm yuan, expectations of more OPEC cuts

Oil jumped more than 2% on Thursday on expectations that falling prices could lead to production cuts, coupled with a steadying of the yuan currency after a week of turmoil spurred by an escalation in U.S.-China trade tensions.



5 years ago

Broadcom to buy Symantec's enterprise unit for $10.7 billion in software push

Chipmaker Broadcom Inc will buy Symantec Corp's enterprise security business for $10.7 billion in cash, the antivirus software maker said on Thursday, as it tries to scale up its software business through deals.



5 years ago

Pork producers win dismissal of price-fixing lawsuits - U.S. court ruling

A federal judge on Thursday dismissed antitrust lawsuits accusing several large U.S. pork companies of conspiring to limit the supply of pork in order to inflate prices and their own profits at the expense of consumers and other purchasers.



5 years ago