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Latest News on private equity markets

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

Uber revenue misses estimates despite easing price war, shares tumble

Uber Technologies Inc reported lower-than-expected revenue for the second quarter on Thursday, sending shares down 12% as the largest U.S. ride-hailing company failed to show expected benefits of easing price competition.



5 years ago

China trade data calms volatile global markets

Stronger-than-expected Chinese export data helped push global stock markets higher on Thursday following a volatile week that had investors scrambling for safety on fears of a worldwide economic pullback.



5 years ago

Wall Street jumps; economic data eases trade worries

U.S. stocks jumped on Thursday, giving the S&P 500 its biggest one-day percentage gain in about two months, as bond yields climbed a day after falling sharply while better-than-expected economic data in the United States and China helped to offset trade worries.



5 years ago

Is Your Startup Ready to Hire a Marketer?

Some startups hire a marketer right of the gate and some wait. But which makes more sense, and how do you know when it’s time for your startup to make its first marketing hire? Continue reading

5 years ago

SEC proposes rule changes to ease company disclosure compliance

The U.S. Securities and Exchange Commission on Thursday proposed changing the rules governing how publicly-traded companies disclose business, legal, and risk factors in regulatory filings in a bid to ease their compliance burden.



5 years ago

IPO Update: 2019

We’re checking in on the major IPOs that have happened this year, what IPOs are yet to come, and what IPOs may be out for 2019. Continue reading

5 years ago

S&P 500 posts biggest daily gain in two months as rebound continues

The S&P 500 registered its largest one-day percentage gain in about two months on Thursday, with technology shares providing the biggest boost as equities continued to rebound along with bond yields.



5 years ago

Uber loses $5 billion, misses Wall Street targets despite easing price war

Uber Technologies Inc reported a $5.2 billion loss and revenue that fell short of Wall Street targets on Thursday as growth in its core ride-hailing business slowed, sending its shares down 6%.



5 years ago

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

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



5 years ago

The Global Currency War Has Begun. China’s Yuan Breaks the 7 to $1 Band. Why is The Dollar Rising?

Global Research | Dr. Jack Rasmus | Aug 5, 2019 Over this weekend, China’s Yuan currency broke out of its band and devalued to more than 7 to $1. At the same time China announced it would not purchase more US agricultural goods. The Trump-US Neocon trade strategy has just imploded. As this writer has

5 years ago

Tesla hit by lawsuit claiming thousands of owners lost battery capacity after software update

A Tesla Inc owner has filed a lawsuit against the electric vehicle maker, claiming the company limited the battery range of older vehicles via a software update to avoid a costly recall to fix what plaintiffs allege are defective batteries.



5 years ago