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Latest News on private equity markets

Uber chief executive laments U.S. trade policy for lackluster IPO

Uber Technologies Chief Executive Dara Khosrowshahi said on Tuesday the company's initial public offering last month was hurt by U.S. trade tensions even as he downplayed recent volatility in the stock price.



5 years ago

Ten U.S. states sue to stop Sprint-T-Mobile deal, saying consumers will be hurt

Ten states led by New York and California have filed a lawsuit to stop T-Mobile US Inc's $26 billion purchase of Sprint Corp, warning that consumer prices will jump due to reduced competition.



5 years ago

Prosecutors investigate VW works council boss in pay inquiry

German prosecutors said on Tuesday they were investigating the chairman of Volkswagen's powerful works council as part of a inquiry into whether some of its members were paid excessively, turning him from a witness into a suspect.



5 years ago

Wall Street treads water after recent rally

U.S. stocks ended near flat and the Dow snapped a six-day winning streak on Tuesday, as investors paused following a run of gains and fresh worries emerged over the U.S. trade war with China.



5 years ago

GM expected to invest $150 million to boost truck output in Flint, Michigan: sources

General Motors Co is expected to announce on Wednesday it is investing about $150 million at its Flint Assembly in Michigan to boost production of heavy duty trucks, sources briefed on the matter said.



5 years ago

Equities rally dissipates as trade optimism fades, yield curve flattens

Wall Street's indexes ended Tuesday's session virtually unchanged after investors turned their focus to U.S.-China trade tensions as euphoria from Friday's U.S.-Mexico deal faded.



5 years ago

Investor Ackman opposes United Technologies' aerospace merger with Raytheon: source

William Ackman's activist hedge fund Pershing Square Capital Management LP is opposed to United Technologies Corp's $120 billion aerospace merger with defense contractor Raytheon Co, a person familiar with the matter said on Tuesday.



5 years ago

End of the road for Volkswagen's self-driving Aurora deal

Volkswagen has ended its partnership with self-driving car software firm Aurora, two days after the Silicon Valley start-up said it would build autonomous platforms for commercial vehicles with Fiat Chrysler Automobiles.



5 years ago

Kroger to start selling cannabis-based products

Kroger Co said on Tuesday it would start selling cannabis-based products in 945 stores, joining the growing number of retailers that are trying to tap the demand for cannabidiol (CBD) products.



5 years ago

Amazon to shut restaurant delivery service in U.S

Amazon.com Inc said on Tuesday it would end its U.S. restaurant food delivery service on June 24, giving in to intense competition from GrubHub Inc, DoorDash, Uber Technologies' Uber Eats services.



5 years ago

U.S. antitrust chief says past enforcement could presage new probe of current digital giants

The top U.S. antitrust enforcer said on Tuesday that studying enforcement actions against Standard Oil and AT&T decades ago can help lay the groundwork for looking at possible anti-competitive behavior at today's tech giants such as Alphabet's Google and Facebook.



5 years ago

Tesla has a 'decent shot' at a record quarter on every level: Musk

Tesla Inc has got "a decent shot at a record quarter on every level", Chief Executive Officer Elon Musk said at the company's annual shareholder meeting on Tuesday.



5 years ago

Proxy advisers urge shareholders to vote against Nissan CEO reappointment: Nikkei

Two leading proxy advisory firms have urged shareholders of Japanese automaker Nissan Motor to vote against the reappointment of Chief Executive Officer and President Hiroto Saikawa, the Nikkei newspaper reported on Wednesday.



5 years ago

Congress moves to make it easier for older workers to prove age discrimination

The bill would make proving age discrimination easier, by allowing workers to prove their age was a factor in an employer's decision to discipline, fire or not hire them and not the sole reason.

5 years ago

Dream of spending your retirement on the beach? Here are the best towns

Spending your days with your toes in the sand may sound like the perfect retirement. Here are top beach towns for retirees, from U.S. News & World Report.

5 years ago