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Latest News on private equity markets

Quicken Loans, the largest U.S. mortgage lender, is planning an IPO, sources say

The company, founded and owned by Detroit billionaire Dan Gilbert, has filed its IPO prospectus confidentially, sources said.

3 years ago

Taco Bell parent Yum sues Grubhub for allegedly violating delivery deal

Taco Bell parent Yum Brands Inc sued Grubhub Inc on Thursday for allegedly violating a delivery contract, a day after Europe's Just Eat Takeaway.com agreed to buy the U.S. food delivery company for $7.3 billion.



3 years ago

Wall Street plunges to close with biggest one-day loss since March 16

Wall Street plummeted on Thursday as investors reacted to renewed fears of a pandemic resurgence and digested dour economic forecasts from the U.S. Federal Reserve.



3 years ago

Google's new rules clamp down on discriminatory housing, job ads

Alphabet Inc's Google said on Thursday it was tackling unlawful discrimination by barring housing, employment and credit ads from being targeted to its users based on their postal code, gender, age, parental status or marital status.



3 years ago

Air Canada CEO urges Trudeau's government to relax travel curbs: Bloomberg News

Air Canada Chief Executive Officer Calin Rovinescu on Thursday urged the Canadian government to relax travel restrictions as they have been hurting the company's sales, Bloomberg News reported.



3 years ago

Wall Street's 'fear gauge' jumps on fears of coronavirus resurgence

The Cboe Volatility Index , known as Wall Street's "fear gauge," jumped to its highest level in more than a month on Thursday as concerns over a resurgence of the novel coronavirus pandemic felled U.S. stocks.



3 years ago

LATAM Airlines bondholders in talks to supply up to $1.5 billion loan, sources say

A group of bondholders of LATAM Airlines Group SA are in talks to supply up to $1.5 billion in a debtor-in-possession loan within the Chapter 11 proceeding in the United States, two people with knowledge of the matter said on Thursday.



3 years ago

Zoom denies giving user information to Chinese government

Zoom Video Communications Inc said on Thursday it did not provide any user information or meeting content to the Chinese government.



3 years ago

Exclusive: Palantir close to registering for stock market debut - sources

Palantir Technologies Inc is aiming to file confidentially with U.S. regulators for a public listing in the coming weeks, according to people familiar with the matter.



3 years ago

FrontFundr Secures Groundbreaking Regulation for Connecting Entrepreneurs and Investors Across Canada

FrontFundr | Release | Jun 10, 2020 The introduction of rule 45-505 represents a huge step forward for capital raising and investment crowdfunding from coast to coast TORONTO, June 10, 2020 (GLOBE NEWSWIRE) -- FrontFundr, Canada’s leading online investment platform for the private markets, recently announced the launch of Ontario Instrument 45-505. This new legislation

3 years ago

Google sues Sonos, escalating wireless speaker battle amid trade panel probe

Google filed a lawsuit accusing home speaker maker Sonos Inc of infringing five of its patents, escalating tensions between the partners that have already led to a U.S. International Trade Commission probe.



3 years ago

Microsoft bans face-recognition sales to police as Big Tech reacts to protests

Microsoft Corp said on Thursday it would await federal regulation before selling facial recognition technology to police, making it the latest big firm to back away from the business following protests against law enforcement brutality and bias.



3 years ago

Latin America must restart air travel by July to avoid bankruptcies: trade group

Latin American countries should quicken steps for airlines to renew domestic flights no later than July before more companies are forced to declare bankruptcy or close, a high-ranking official of the International Air Transport Association (IATA) said on Thursday.



3 years ago

Zoom says China demanded shutting activists' accounts over Tiananmen event

Zoom Video Communications Inc said on Thursday the Chinese government demanded the termination of four public meetings held on its video conferencing platform on June 4 to commemorate the 31st anniversary of China's Tiananmen Square crackdown.



3 years ago

Apple, YouTube unveil $100 million funds to support black causes amid U.S. protests

Apple Inc said on Thursday it will increase spending with black-owned suppliers as part of a $100 million racial equity and justice initiative, while Google-owned YouTube said it will spend $100 million to fund black artists.



3 years ago