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Latest News on private equity markets

Southwest disputes U.S. government audit on safety lapses, shares slide

Southwest Airlines on Thursday disputed the findings of a draft U.S. government audit that claimed the U.S. carrier failed to prioritize safety by flying millions of passengers on used jets whose documentation made it impossible for regulators to determine if required maintenance had been completed.



5 years ago

Current U.S. earnings season points to growth, defying expectations

Earnings for S&P 500 companies are seen increasing for the fourth quarter over a year earlier, according to IBES data from Refinitiv.



5 years ago

Aston Martin calls board meeting to decide on fundraising: FT

Luxury British carmaker Aston Martin has called a board meeting in which it may decide between two potential investors for an emergency fundraising, the Financial Times reported on Thursday.



5 years ago

Tesla directors settle, isolating Musk as SolarCity trial looms

Directors of Tesla Inc settled a shareholder lawsuit over its 2016 acquisition of SolarCity Corp, leaving Chief Executive Officer Elon Musk as the lone defendant facing claims that Tesla paid $2.6 billion for a worthless solar system installer, according to court documents.



5 years ago

UPS buying 10,000 electric delivery vans, will test Waymo self-driving vehicles next month

United Parcel Service Inc on Wednesday expanded its efforts to cut emissions and delivery costs with separate deals to order 10,000 electric delivery trucks from UK-based Arrival Ltd and test Waymo self-driving vehicles to carry packages.



5 years ago

Stocks, oil tumble on fears virus to hurt China's economy

Global equity markets tumbled on Thursday as the death toll from the coronavirus outbreak in China hit 170, sending a closely watched bond indicator to invert and oil prices sharply lower on concerns about its impact on the world's second-largest economy.



5 years ago

Wall St. falls on China virus concerns, Facebook earnings

U.S. stocks fell on Thursday as the coronavirus epidemic raised fears of a further hit to China's economy, while weak earnings from Facebook and others added to the gloom.



5 years ago

FATF Travel Rule interview with iComply: Cryptocurrency is Meant to be Trustless, Not Anonymous

Blockchain News | By Lucas Cacioli | Jan 27, 2020 In June of 2019, one of the most authoritative regulatory organizations worldwide, the Financial Action Task Force (FATF ), issued new guidelines on how digital assets should be regulated. A point that caused great concern and confusion for exchanges was the “travel rule,”: which refers

5 years ago

New programs aim to help the 55 million people without workplace retirement savings plans

Many Americans don't have access to retirement savings plans at work, and that's often the biggest reason that their balances come up short. Now new national and state efforts are trying to fix that. If successful, that could put millions of workers in a better financial position.

5 years ago

Paris shops feel the pinch as virus keeps Chinese tourists away

For some shopkeepers in Paris, home to prestigious stores where Chinese tourists love to splurge, an abrupt drop-off in visitors as China tries to contain a fast-spreading coronavirus health crisis is hitting hard.



5 years ago

Wall Street slides on China virus concerns, Facebook earnings

U.S. stocks dropped on Thursday as the coronavirus epidemic raised fears of a further hit to China's economy, with weak earnings from Facebook and others adding to the gloom.



5 years ago

Exclusive: New tensions surface over U.S.-Mexico seasonal farm trade

Fresh battle lines are being drawn that could lead to farm trade restrictions between the United States and Mexico, a letter from a top Mexican trade official seen by Reuters shows, despite the goodwill generated by the newly-signed USMCA trade pact.



5 years ago

U.S. weekly jobless claims fall; prior week revised sharply higher

The number of Americans filing for unemployment benefits fell last week, pointing to continued labor market strength, though applications for the prior week were much higher than initially estimated.



5 years ago

U.S. LNG producers fear more price drops as they await China buys under Phase 1 deal

China has restarted talks with U.S. liquefied natural gas marketers to buy more LNG, several industry executives told Reuters, but they are worried that any purchases may come too late to keep natural gas prices from falling further due to a glut of global supply.



5 years ago

Enbridge defends plan to sell capacity on Mainline oil network

Canadian pipeline company Enbridge Inc said on Thursday its plan to sell nearly all capacity on the Mainline oil network for the long term is fair to shippers of all types and would benefit the western Canadian industry.



5 years ago