Latest News on private equity markets

GM to invest $2.2 billion at Detroit factory to make electric trucks, SUVs

General Motors Co will invest $2.2 billion in its Detroit-Hamtramck assembly plant to build electric trucks and sport utility vehicles, a move that would create 2,200 jobs, the No.1 U.S. automaker said on Monday.



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Cramer on selloff: 'This is the panic people have been waiting for,' but don't buy stocks yet

Investors who were waiting for the market to sink so they could buy stocks at cheaper prices should stay on the sidelines a little longer, CNBC's Jim Cramer said Monday.

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J&J chief testifies he did not read all documents related to asbestos in talc

Johnson & Johnson Chief Executive Alex Gorsky told a jury Monday that he did not read all the internal company documents related to potential asbestos contamination in Johnson's Baby Powder.



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Cramer on sell-off: 'This is the panic people have been waiting for,' but don't buy stocks yet

Investors who were waiting for the market to sink so they could buy stocks at cheaper prices should stay on the sidelines a little longer, CNBC's Jim Cramer said Monday.

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Stocks slide to two-week low on China virus fears, safe havens gain

Stocks markets tumbled worldwide on Monday and investors worried about the possible economic impact of the coronavirus drove up the price of safe-haven assets such as the Japanese yen and government debt.



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Oil falls 3% to three-month low as China virus threatens demand

Crude prices dropped 3% to three-month lows on Monday as the death toll from China's coronavirus grew and more businesses were forced to shut down, fuelling expectations of slowing oil demand.



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Wall Street skids as virus fears hit tech, travel stocks

Wall Street's main indexes fell more than 1% on Monday as investors worried about the economic fallout of a virus outbreak in China that has prompted the country to extend the Lunar New Year holidays and businesses to close some operations.



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Davos 2020: Financial inclusion and fintech is key to meeting the UN SDGs

Finextra | Jan 22, 2020 While technology has yet again been a central topic of discussion at this year’s World Economic Forum in Davos, Switzerland, there has also been a determined focus on fintech and how financial inclusion is key to meeting the UN’s Sustainable Development Goals by 2030. In conversation with Finextra, Haus of

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High-speed traders cost regular investors almost $5 billion a year, study says

Traders who use highspeed methods to gain an advantage in the stock market "tax" other investors to do so, according to a new study.

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Oil falls 2% to three-month lows as China virus raises demand fears

Crude prices dropped 2% to three-month lows on Monday as the death toll from China's coronavirus grew, clamping down on travel and fueling expectations of slowing oil demand.



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Wall Street tumbles as virus fears hit travel, growth stocks

Wall Street's main indexes fell more than 1% on Monday as investors worried about the economic fallout of a virus outbreak in China that has prompted the country to extend the Lunar New Year holidays and businesses to close some operations.



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Here's where younger generations expect their retirement income to come from

Millennials and Generation Z expect to live longer than their parents, according to a new poll. And they also expect the way they pay for those extra years to be different. Here's how they plan to pay for their elder years, and where they're falling short.

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U.S. motorists drove less in November than year earlier

U.S. motorists traveled fewer miles in November than a year earlier, the U.S. Department of Transportation said in a report on Monday.



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German car supplier Webasto halts China corporate travel over coronavirus: spokeswoman

The German auto supplier Webasto has halted all corporate travel to and from China because of the coronavirus outbreak and the infection of an employee, a spokeswoman for the company said on Monday.



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U.S. stock rally faces major test as China virus spreads

The latest rally in U.S. stocks is facing a serious test, as the S&P 500 heads toward its worst loss in months on concerns over how the coronavirus will impact the global economy.



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