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Latest News on private equity markets

Symphony, the start-up taking on Bloomberg, is now worth $1.4 billion

The messaging platform for Wall Street firms, is backed by more than a dozen of the world's biggest financial players.

5 years ago

Companies are trying something new with their 401(k) plans. It might get you to save more

A growing number of companies automatically take money from their employees paychecks and deposit it into a retirement account — even after a worker has opted out.

5 years ago

FAA says has no timetable for Boeing 737 MAX's return to service

The Federal Aviation Administration said on Wednesday it does not have a specific timetable on when Boeing Co's troubled 737 MAX jet would return to service after two fatal crashes led to the airplane's worldwide grounding in March.



5 years ago

American Airlines CEO says 'highly likely' Boeing 737 MAX will fly by mid-August

American Airlines Group Inc Chief Executive Doug Parker said it was "highly likely" that the grounded Boeing Co 737 MAX would be flying by mid-August following regulatory approval for a software fix.



5 years ago

GM to invest $150 million to boost production of heavy duty trucks

General Motors Co president Mark Reuss said on Wednesday that the automaker is investing about $150 million at its Flint Assembly plant, Michigan to boost production of heavy duty trucks by another 40,000 vehicles a year.



5 years ago

Analysts split on Tesla 2019 delivery promises

Tesla Inc shares were down 2% on Wednesday, as analysts remained divided on the electric-carmaker's chances of meeting delivery and production targets in the months ahead, despite Chief Executive Officer Elon Musk's reassurances at an annual shareholder meeting.



5 years ago

Trade tensions weigh on Wall St., hopes of rate cut limit losses

Wall Street's main indexes dropped on Wednesday on worries of a prolonged U.S.-China trade war after Washington hardened its stance, but losses were cushioned by a muted reading on inflation that backed the case for an interest rate cut.



5 years ago

Demand worries hurt oil, stocks fall on trade uncertainty

Oil futures sank on Wednesday amid higher U.S. crude inventories and a weaker demand outlook, while uncertainty over the U.S.-China trade war and its potential economic impact weighed on stock markets.



5 years ago

Cramer: Apple shares are more likely to get hurt by President Trump than Chinese leader Xi

"I actually think it's more likely that President Trump hurts Apple more than President Xi," says CNBC's Jim Cramer.

5 years ago

Renault's priority is to strengthen Nissan alliance: chairman

Renault sees the strengthening of its Nissan alliance as a priority after a project to merge with Fiat Chrysler failed last week, the French car maker's chairman Jean-Dominique Senard said on Wednesday.



5 years ago

Feds block SALT workarounds that high-tax states favored

The feds blocked a move by blue states to craft a workaround to the Tax Cuts and Jobs Act limiting state and local tax deductions, saying receipt of a SALT credit in return for making such a contribution would constitute a quid pro quo.

5 years ago

Kevin Durant's injury is not only changing the potential make-up of the NBA, it's moving stocks

Basketball superstar Kevin Durant's injury may have reshaped the outlook of the NBA's upcoming free agency period, but it also sent ripples through Wall Street.

5 years ago

This 'superstar' stock portfolio from Goldman Sachs is beating the market

A Goldman Sachs portfolio that tracks industry-dominant "superstar" companies is beating the stock market over the last three years.

5 years ago

GM to invest $150 million to boost heavy-duty pickup truck production

General Motors Co president Mark Reuss said on Wednesday that the automaker is investing about $150 million at its Flint Assembly plant, Michigan, to boost production of heavy duty trucks by another 40,000 vehicles a year.



5 years ago

Muted U.S. inflation strengthens case for Fed rate cut

U.S. consumer prices barely rose in May, pointing to moderate inflation that together with a slowing economy increased pressure on the Federal Reserve to cut interest rates this year.



5 years ago