Latest News on private equity markets

Facebook's Zuckerberg pledges cooperation with U.S. antitrust probe: congressman

Congressman David Cicilline, chair of the U.S. House Judiciary Committee's antitrust panel, said on Friday that Facebook Chief Executive Mark Zuckerberg pledged cooperation with the panel's probe into online markets during a meeting on Capitol Hill.



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Walmart to stop sales of electronic cigarettes in its U.S. stores: company memo

Walmart Inc on Friday sent an internal memo to its staff saying the retailer will discontinue the sale of e-cigarettes and electronic nicotine delivery products at its U.S. stores.



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Wall Street slumps after China delegates cancel U.S. farm visit

Wall Street's main indexes dropped sharply on Friday after Chinese agriculture officials who were due to visit U.S. farm states next week canceled their trip to Montana, dampening early optimism on U.S.-China trade talks.



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Fed's Rosengren: Will worry when consumers show worry

Boston Federal Reserve President Eric Rosengren on Friday said he might temper his opposition to interest rate cuts if he starts to see weakness in consumer spending.



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Oil heads for weekly gain of around 8% after Saudi attacks

Oil prices rose more than 1% on Friday, with Brent set for its biggest weekly gain since January, lifted by rising Middle East tensions and supply concerns after an attack on Saudi Arabia's energy industry last weekend.



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Lancome maker L'Oreal hit by 320 million euros French tax charge

Cosmetics maker L'Oreal said on Friday it had reached a settlement with French tax authorities regarding three of its subsidiaries, including one linked to its luxury Lancome brand, resulting in a charge of around 320 million euros.



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Roku shares crater over 19% after analyst predicts the cost of streaming devices is going to 'zero'

Pivotal Research Group began coverage of Roku with a sell rating on Friday

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Walmart to stop sales of e-cigarettes in U.S. stores: company memo

Walmart Inc told staff on Friday it was discontinuing the sale of e-cigarettes and electronic nicotine delivery products at its U.S. stores.



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U.S. repo rate falls after Fed repo operation

The interest rate on U.S. overnight repurchase agreements slipped on Friday after an operation conducted by the New York Federal Reserve that parked $75 billion in temporary cash in the U.S. banking system.



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Stocks hit as China cancels U.S. farm visits, yields slip

An index of global stock markets gave up early gains after Chinese agriculture officials who were to visit U.S. farm states next week canceled their trip, dampening optimism on U.S.-China trade talks.



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EU court ruling on Starbucks, Fiat million euro tax orders on September 24

Europe's second-highest court will rule on Sept. 24 whether Starbucks Corp has to pay up to 30 million euros ($33 million) in Dutch back taxes and Fiat Chrysler Automobiles NV a similar amount to Luxembourg.



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Wall Street drops as trade tensions spike

The Wall Street's main indexes dropped on Friday, after the Montana Farm Bureau said Chinese agriculture officials who were due to visit U.S. farm states next week canceled their trip, dampening optimism on U.S.-China trade talks.



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U.S. shale producers boost oil hedging after Saudi attack: sources

U.S. shale producers pounced on the chance to lock in future revenue for this year and next after oil prices surged by the most in 30 years early this week following attacks on Saudi Arabia's oil facilities, sources familiar with the money flows said.



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Facebook suspends tens of thousands of apps in response to Cambridge Analytica row

Facebook Inc said on Friday it has suspended tens of thousands of apps on the social networking platform, as part of the company's ongoing app developer investigation it began in March 2018 in response to the Cambridge Analytica row.



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Factbox: California's gig worker law could sting 'last mile' delivery

A new California law designed to limit the use of "gig" workers threatens to drive up labor costs for companies that rely on inexpensive freelance drivers to make fast deliveries of everything from restaurant meals to household goods.



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