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Latest News on private equity markets

Exclusive: Apple dropped plan for encrypting backups after FBI complained - sources

Apple Inc dropped plans to let iPhone users fully encrypt backups of their devices in the company's iCloud service after the FBI complained that the move would harm investigations, six sources familiar with the matter told Reuters.



5 years ago

Paul Tudor Jones says this 'crazy' stock market run reminds him a lot of 'early '99'

"We are just again in this craziest monetary and fiscal mix in history. It's so explosive. It defies imagination," Paul Tudor Jones says.

5 years ago

Ray Dalio says 'cash is trash' and advises investors hold a global, diversified portfolio

Ray Dalio at Davos said investors shouldn't miss out on the current market, although he still worries about an economic downturn.

5 years ago

China virus sends chill through markets as risks rise

Global stock markets took a hit on Tuesday as mounting concern about a new strain of coronavirus in China sent a ripple of risk aversion through markets.



5 years ago

Futures lower as China virus outbreak, growth fears sour mood

U.S. stock index futures followed Asian and European markets lower on Tuesday as worries about the fallout from a deadly virus outbreak in China and a gloomy growth outlook from the IMF looked set to stall a record rally on Wall Street.



5 years ago

Air France-KLM says not involved in Malaysia Airlines sale talks

Air France-KLM said on Tuesday it had previously held talks with the owners of Malaysia Airlines but was not engaged in current efforts to find new investors for the carrier.



5 years ago

KFC apologizes for 'sexist' Australian ad

KFC on Tuesday apologized for an advertisement in Australia that shows two boys ogling a woman's breasts, after calls from a local campaign group to boycott the fast-food giant over the ad it called "sexist".



5 years ago

Aramco IPO proceeds to fund Saudi industry, including defense: finance minister

Saudi Arabia will pump the proceeds from last month's listing of oil giant Saudi Aramco into the local economy over several years, including building up the domestic defense industry amid tensions with Iran, its finance minister said on Tuesday.



5 years ago

The 2020 election has supplanted the trade war as the biggest risk for stocks, survey shows

The first Bank of America Global Research fund manager survey of 2020 shows the highest risk is now the looming presidential election, according to the 249 panelists surveyed, 29% of whom consider politics the biggest potentially disruptive issue in the year ahead.

5 years ago

Futures lower as China virus outbreak, growth worries sour mood

U.S. stock index futures followed Asian and European markets lower on Tuesday as worries about the fallout from a deadly virus outbreak in China and a gloomy growth outlook from the IMF looked set to stall a record rally on Wall Street.



5 years ago

Starbucks eyes plant-based food, reusable packaging in latest sustainability push

Starbucks Corp aims to add more plant-based food and drinks to its menu, make its packaging reusable and invest in better waste-management, CEO Kevin Johnson said on Tuesday, as part of the company's latest plan to become more environmentally friendly.



5 years ago

Oh, baby! 3 steps to prepare your finances for your new arrival

The idea of bringing a new human into the world can be earth-shaking. Fortunately, budgeting for him or her doesn't have to be nearly as terrifying. How to get your finances in order for baby.

5 years ago

Halliburton takes $2.2 billion charge on shale slump

U.S. oilfield services firm Halliburton Co. on Tuesday disclosed a $2.2 billion charge to earnings as weakening North American shale activity continued to hit the industry.



5 years ago

JP Morgan Chase poaches an IBM 'Master Inventor' with 26 patents for quantum computing

The move is J.P. Morgan's latest high-profile technology hire.

5 years ago

Honda to join White House initiative to boost U.S. job training

Honda Motor Co will join on Tuesday a growing number of companies signing a White House pledge to boost U.S. job training opportunities.



5 years ago