Latest News on private equity markets

Bristol-Myers wins $752 million in U.S. patent case against Gilead

Bristol-Myers Squibb Co on Friday said it won a $752 million jury verdict against Gilead Sciences Inc in a U.S. patent dispute relating to technology for treating cancer.



3 days ago

Exclusive: Hudson's Bay Co's take-private deal falls short in shareholder vote - sources

Saks Fifth Avenue owner Hudson's Bay Co has fallen short of securing enough shareholder support for a C$1.9 billion($1.4 billion) deal to take the department store operator private, people familiar with the matter said on Friday.



3 days ago

Factbox: What's in the U.S.-China 'phase one' trade deal

The United States and China have agreed on the terms of a "phase one" trade deal that reduces some U.S. tariffs on Chinese goods while boosting Chinese purchases of American farm, energy and manufactured goods and addressing some U.S. complaints about intellectual property practices. [L1N28N0NT]



3 days ago

Google, Apple asked if apps like TikTok must disclose foreign ties

The chair of a U.S. congressional panel wrote to Alphabet's Google and to Apple on Friday to ask what if any disclosures mobile apps are required to make regarding overseas ties, a concern that follows reports of Chinese investment in popular apps such as TikTok and Grindr.



3 days ago

U.S. agriculture wary of Trump's China sales pledge, more meat a must

U.S. farmers and traders were reluctant to celebrate news of an interim U.S.-China trade deal on Friday, saying it remained unclear how China would manage to buy another $32 billion of additional farm products over two years as promised.



3 days ago

Factbox: A lot of soy, a little rice: China's historical U.S. agricultural purchases

The U.S. government said on Friday China would buy an additional $32 billion in U.S. farm goods over the next two years as part of an initial trade deal.



3 days ago

U.S.-China trade deal cuts tariffs for Beijing promise of big farm purchases

The United States and China cooled their trade war on Friday, announcing a "Phase one" agreement that reduces some U.S. tariffs in exchange for what U.S. officials said would be a big jump in Chinese purchases of American farm products and other goods.



3 days ago

What's in the U.S.-China 'phase one' trade deal

The United States and China have agreed on the terms of a "phase one" trade deal that reduces some U.S. tariffs on Chinese goods while boosting Chinese purchases of American farm, energy and manufactured goods and addressing some U.S. complaints about intellectual property practices.



3 days ago

Exclusive: Hudson's Bay's take-private deal falls short - sources

Saks Fifth Avenue owner Hudson's Bay Co has fallen short of securing enough shareholder support for a C$1.9 billion($1.4 billion) deal to take the department store operator private, people familiar with the matter said on Friday.



3 days ago

Canadian regulator dismisses Catalyst request for cease trade order on Hudson's take private deal

Canadian financial regulator the Ontario Securities Commission said on Friday it has dismissed a request by Catalyst for a cease trade order relating to proposed take-private deal of Hudson's Bay .



3 days ago

Delta predicts 2020 profit growth; CEO says more people turning to air travel

Delta Air Lines Inc sees another annual rise in profit and revenue in 2020 driven by what Chief Executive Ed Bastian called a growing interest in air travel by consumers across the generational spectrum.



4 days ago

S&P 500 hits record high as Trump says close to 'big deal' with China

The benchmark S&P 500 hit a record high on Thursday after President Donald Trump said in a tweet that the United States was getting very close to a "big deal" with China.



4 days ago

U.S. producer prices flat; jobless claims at more than two-year high

U.S. producer prices were unexpectedly unchanged in November as increases in food and gasoline prices were offset by declining costs for services, pointing to muted inflation despite a recent uptick in consumer prices.



4 days ago

No money? No problem. Five strategies from a millennial millionaire will get you to that first $10,000

Want to see a five-figure balance in your bank or investment account? Two things to know. Starting is the hardest part. Next hardest: getting to that first $10,000. Then it gets easier.

4 days ago

Here's how Roth IRA conversions can deliver some lucrative hidden benefits

While the biggest lure for moving assets to a Roth IRA is often the tax-free income to be delivered down the road, there are some less obvious reasons the move could make sense.

4 days ago