Latest News on private equity markets

Fate of opioid litigation hinges on government 'police power'

The fate of thousands of lawsuits seeking to hold drugmakers responsible for fueling the U.S. opioid epidemic hinges in part on a thorny legal question: Can a company can use a bankruptcy to stop lawsuits from cities and states?



6 years ago

Volkswagen's Traton expected to price IPO toward lower end of range: sources

Volkswagen's truck unit Traton is expected to price its initial public offering (IPO) this week toward the lower end of the marketing range, people close to the matter said.



6 years ago

U.S. wants 'reasonable' trade deal with China: U.S. Commerce Secretary

The United States "is not looking for victory" with China over trade but wants "a sensible deal that addresses the legitimate issues that we have," U.S. Commerce Secretary Wilbur Ross said on Wednesday.



6 years ago

Airlines and regulators meet to discuss Boeing 737 MAX un-grounding efforts

Airlines and regulators are gathering at a closed-door summit in Montreal on Wednesday to exchange views on steps needed for a safe and coordinated return of Boeing Co's grounded 737 MAX jets to the skies following two deadly crashes.



6 years ago

Exclusive: China hacked eight major computer services firms in years-long attack

Hackers working for China's Ministry of State Security broke into networks of eight of the world's biggest technology service providers in an effort to steal commercial secrets from their clients, according to sources familiar with the attacks.



6 years ago

Macron says France to be vigilant over Carlos Ghosn's rights

President Emmanuel Macron said on Wednesday France would remain vigilant that Carlos Ghosn's presumption of innocence and the former Renault-Nissan leaders' rights to defend himself in a Japanese lawcase are respected.



6 years ago

U.S. Treasury Secretary says U.S., China were close to trade deal: CNBC

U.S. Treasury Secretary Steven Mnuchin said on Wednesday that the United States and China were close to a trade deal, CNBC reported.



6 years ago

Global stocks gain as trade talk hopes rise, rate-cut pressure ebbs

European stocks and U.S. equity futures were higher on Wednesday after a report fueled optimism about progress in U.S.-China trade talks, offsetting disappointment about the size of potential U.S. interest rate cuts.



6 years ago

It's time for colleges to require mandated financial literacy courses

The U.S. Financial Literacy and Education Commission "recommends that institutions of higher education require mandatory financial literacy courses." It is about time.

6 years ago

Cuts to Social Security would hurt older, single women most of all

The Social Security program is approaching insolvency, and the demographic to be hit hardest by any reduction in benefits will be women, who tend to earn less, claim benefits earlier and outlive men.

6 years ago

Here are the biggest analyst calls of the day: Slack, AbbVie, Roku & more

Here are the biggest calls on Wall Street on Wednesday

6 years ago

A group of five stocks have gotten so big, they are essentially becoming the stock market

A small group of companies have gotten so big that they are essentially becoming the market, and when they do well, the markets do well.

6 years ago

Futures bounce on trade hopes, Micron results

U.S. stock index futures rose on Wednesday after Treasury Secretary Steven Mnuchin said the United States and China were close to reaching a trade deal, with strong results from chipmaker Micron adding to the upbeat mood.



6 years ago

General Mills misses sales estimates as snacks demand fall

General Mills Inc on Wednesday reported quarterly sales below Wall Street estimates, hurt by declines in its U.S. snacks business.



6 years ago

Wall St. opens higher on tech boost, trade hopes

U.S. stocks opened higher on Wednesday, as chipmaker Micron Technology's upbeat results lifted technology shares and Treasury Secretary Steven Mnuchin's comments fueled optimism that the United States and China would strike a trade deal.



6 years ago