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Latest News on private equity markets

Wall Street jumps on German stimulus hopes

Technology shares led Wall Street's advance on Friday as a waning bond rally and news of potential German economic stimulus brought buyers back to the market at the close of a turbulent week.



6 years ago

Amazon.com defeats IRS appeal in U.S. tax dispute

Amazon.com Inc on Friday defeated an appeal by the U.S. Internal Revenue Service in what the online retailer has called a $1.5 billion dispute over its tax treatment of transactions with a Luxembourg subsidiary.



6 years ago

Oil rises alongside equities, but downbeat OPEC outlook caps gains

Oil prices on Friday rebounded from a two-day drop, alongside equities as expectations of further stimulus by central banks helped to ease recession concerns.



6 years ago

Exclusive: Fed's Mester weighing argument for U.S. rate cut

One Federal Reserve policymaker who opposed the Fed's recent rate cut is considering whether to support such a move now given risks that a U.S.-China trade war and global slowdown could derail the economy.



6 years ago

The Solution To The Fintech IPO Shortage

Forbes | Ron Shevlin | July 1, 2019 OBSERVATIONS FROM THE FINTECH SNARK TANK A Seeking Alpha article titled Why Fintech May Not Be Fit For Public Consumption states: The year 2019 seems set to be a record-setting one for venture capitalist exit value capture by means of tech IPOs. But fintech doesn't seem to be a part

6 years ago

Dollar firms, global stocks soar on ECB rate cut expectations

U.S. and European stocks surged on Friday on expectations the European Central Bank will cut interest rates but the dollar pared gains against the euro after a report said the German government was prepared to take on new debt to lift the economy.



6 years ago

Wall Street ends sharply higher on German stimulus optimism

U.S. stocks rebounded on Friday as an ebbing bond rally and news of potential German economic stimulus brought buyers back to the equities market, closing the book on a tumultuous week.



6 years ago

Canada awards multi-billion contract to General Dynamics as election looms

Canada on Friday announced a multi-billion dollar contract with General Dynamics Corp for equipment that will be manufactured in a region where the ruling Liberals need to do well in an October election.



6 years ago

Americans are more in debt than ever and experts say 'money disorders' may be to blame

"Money disorder" is an umbrella term for reoccurring issues people have with money. They involve issues like compulsive buying, money hoarding and pathological gambling.

6 years ago

EQM stops some work on WV-VA Mountain Valley natgas pipe

EQM Midstream Partners LP told U.S. federal regulators the company would stop some work on its long-delayed Mountain Valley natural gas pipeline from West Virginia to Virginia as the U.S. Fish and Wildlife Service reviews a couple of permits.



6 years ago

PG&E to hold sole rights to bankruptcy exit plan: WSJ

A judge overseeing PG&E Corp's bankruptcy case allowed the California utility to hold on to sole rights to its Chapter 11 exit plan, the Wall Street Journal reported on Friday.



6 years ago

Court leaves PG&E with sole right to submit bankruptcy plan

A federal judge on Friday allowed PG&E Corp to retain the sole rights to propose a plan to exit bankruptcy, as he rejected efforts by investors to put forward competing plans, according to court documents.



6 years ago

Trump says having dinner Friday with Apple CEO Cook

U.S. President Donald Trump said he would be having dinner on Friday with Apple Inc Chief Executive Officer Tim Cook.



6 years ago

U.S. removes some Chinese furniture, modems from planned 10% tariffs

The Trump administration is sparing some Chinese-made household furniture, baby items and internet modems and routers from its next rounds of 10% tariffs, it said on Friday.



6 years ago

Trump says he is having dinner Friday with Apple CEO Cook

U.S. President Donald Trump said he was having dinner on Friday with Chief Executive Officer Tim Cook of Apple Inc, a company the president has criticized for not manufacturing more of its products in the United States.



6 years ago