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Latest News on private equity markets

From prison, 'Pharma Bro' Martin Shkreli sues ex-colleagues for $30 million

Martin Shkreli, the pharmaceutical entrepreneur serving a seven-year prison term for fraud, on Friday sued three former colleagues at Retrophin Inc for more than $30 million, saying they illegally ousted him from that company in 2014.



5 years ago

Target Trump's base if trade spat worsens, Mexican farm lobby says

The Mexican government should target agricultural goods produced in states that have voted for U.S. President Donald Trump's Republican Party if the trade conflict between the two neighbors worsens, the head of Mexico's main farm lobby said on Friday.



5 years ago

United Technologies wins $3.24 billion U.S. defense contract: Pentagon

United Technologies Corp's Pratt and Whitney Engines has been awarded the $3.24 billion modification to a U.S. defense contract for the production and delivery of 233 propulsion systems, the Pentagon said on Friday.



5 years ago

Tariff talks 'have begun,' top officials meet Wednesday: Mexican minister

Mexico's Foreign Minister Marcelo Ebrard said he started negotiating with officials in Washington on Friday after U.S. President Donald Trump threatened tariffs on imports of Mexican products but face-to-face talks will not happen until next week.



5 years ago

Amazon seen spreading its tentacles to 5G with T-Mobile interest

One influential analyst called Amazon.com's reported interest in the U.S. wireless market "batshit crazy." Another said it was a "trojan horse" to kill off the big wireless players.



5 years ago

Cruise line Carnival seeks dismissal of U.S. lawsuits over Cuba docks

Cruise line Carnival Corp is asking a U.S. court to dismiss lawsuits that claim the company profited from confiscated Cuban property, the first such cases brought since the Trump administration made them possible this month.



5 years ago

Auto sector scrambles after Trump threatens Mexican tariffs

Global auto and parts manufacturers scrambled on Friday to make contingency plans and look at ways of speeding some deliveries after U.S. President Donald Trump threatened new tariffs on all Mexican imports starting early next month.



5 years ago

EY Releases Research on Nightfall, Experimental Tools to Enable Privacy Transactions on Ethereum

Global consulting firm EY (Ernst & Young) has released its research into  the creation of “…a set of smart contracts and microservices,…(using the) ZoKrates zk-snark toolkit, to enable standard ERC-20 and ERC-721 tokens to be transacted on the Ethereum blockchain with complete privacy.” Software for... Read More


The post EY Releases Research on Nightfall, Experimental Tools to Enable Privacy Transactions on Ethereum appeared first on Crowdfund Insider.


5 years ago

Struggles of transport stocks transmit caution to market

Add this to worries about Wall Street: The index of planes, trains and trucking companies, considered an important stock barometer of the U.S. economy's health, is struggling.



5 years ago

Wirecard Announces Partnership With Chinese E-Commerce Platform XBN

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Thursday it has formed a partnership with Chinese e-commerce platform XBN to enable digital payments outside of China. According to Wirecard, XBN is on a rapid global expansion with a trading volume of more... Read More


The post Wirecard Announces Partnership With Chinese E-Commerce Platform XBN appeared first on Crowdfund Insider.


5 years ago

Trump plans 5% tariff on Mexican imports over illegal immigration

President Donald Trump, struggling to stem a surge of illegal immigrants across the southern border, vowed on Thursday to impose a tariff on all goods coming from Mexico starting at 5% and ratcheting higher until the flow of border-crossers ceases.



5 years ago

Japan automaker shares hit as Trump announces tariffs on Mexico imports

Shares in Japan's major automakers sank on Friday after U.S. President Donald Trump said the United States will impose a 5% tariff on all imports from Mexico from next month, as the move was seen affecting vehicles made in Mexico and sold north of the border.



5 years ago

Asia stocks sunk as Trump fires new trade salvo

Asian shares extended a month-long slide and sovereign bonds surged on Friday after U.S. President Donald Trump ramped up trade tensions globally by suddenly slapping tariffs on all goods from Mexico, sending the peso tumbling.



5 years ago

Tesla prices China-made Model 3 at 328,000 yuan as China plan accelerates

U.S. electric vehicle (EV) maker Tesla Inc said on Friday it would price its China-made Model 3 vehicles from 328,000 yuan ($47,529), as it pushes production and sales in the world's largest new-energy vehicle market.



5 years ago

Trump to impose 5% tariff on Mexican imports over illegal immigration

President Donald Trump said on Thursday the United States will impose a 5% tariff on all goods coming from Mexico starting on June 10 until illegal immigration across the southern border is stopped.



5 years ago