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Latest News on private equity markets

Apple to reopen some stores in Beijing on February 14: website

Apple will reopen some stores in Beijing from Feb. 14 with reduced opening hours, it said on its website, while many of its other stores in mainland China will remain shut as the country continues to battle a coronavirus outbreak.



5 years ago

Ousted Credit Suisse CEO Thiam to collect up to $30 million: sources

Credit Suisse Chief Executive Tidjane Thiam, ousted over a spying scandal, stands to collect as much as 30 million Swiss francs ($30 million) after resigning this month, two people familiar with the matter said.



5 years ago

Nine ways you can cut your 2019 tax bill

Sometimes the simplest tax-planning techniques are the most effective. You still have close to two months to get your act together and cut your 2019 taxes.

5 years ago

Jump in coronavirus cases yanks stocks rally into reverse

A sharp rise in the number of coronavirus deaths and infections unnerved world markets on Thursday, as traders halted the rally in stocks and retreated to the safety of government bonds and gold.



5 years ago

Tesla seeks to raise $2 billion through stock offering

Tesla Inc said on Thursday it plans to raise $2 billion by selling shares through a public offering.



5 years ago

Qualcomm to ask appeals court for vindication in FTC antitrust case

Qualcomm Inc on Thursday will urge a U.S. appeals court to reverse a ruling that it abused its position as a giant of the semiconductor industry and overcharged smartphone makers for access to its patented technology.



5 years ago

Russian court fines Facebook $63,000 over data law breach: RIA

A Russian court fined social media company Facebook 4 million roubles ($62,922) on Thursday for its failure to comply with a Russian data law, the RIA news agency reported.



5 years ago

Southwest extends 737 MAX flight cancellations through early August

Southwest Airlines on Thursday extended its cancellation of 737 MAX flights through early August as the grounding of the Boeing Co jet continued and threatened to impact nearly all of the busy U.S. summer travel season.



5 years ago

Tesla shares reverse early losses, climbing after $2 billion stock offering

Tesla will offer $2 billion of common stock, with CEO Elon Musk and board member Larry Ellison each buying shares.

5 years ago

Italian fashion brands Liu Jo and Blumarine aim for IPO within two years

The holding company of Italian fashion brands Liu Jo and Blumarine aims to list on the stock market within two years, chief executive and founder Marco Marchi said on Thursday.



5 years ago

Wall St. slips from record levels at open on fears over new coronavirus case count

Wall Street's main indexes slipped from record highs at the open on Thursday as a sharp increase in the number of deaths and cases related to the coronavirus outbreak in China sent investors scurrying for safe-haven assets.



5 years ago

Those annoying required withdrawals from your IRAs just got changed

The recently passed Secure Act, as well as updated life expectancy tables proposed by the IRS, would change how you calculate those pesky RMDs.

5 years ago

Tesla seeks to tap into stock surge with $2 billion share sale

Tesla Inc made an about-turn on Thursday by announcing plans to raise $2 billion in a stock offering as the electric-car maker taps into an astronomical jump in its share price in the past few months.



5 years ago

Alibaba warns of drop in e-commerce revenues due to coronavirus

Alibaba Group Holding Ltd warned of a drop in revenues at its key e-commerce businesses this quarter as the coronavirus sweeping China hits supply chains and deliveries.



5 years ago

Rents lift U.S. core inflation; weekly jobless claims rise modestly

U.S. underlying consumer prices picked up in January, while the number of Americans filing claims for unemployment benefits rose slightly last week, suggesting the economy was stable enough for the Federal Reserve to keep interest rates on hold this year.



5 years ago