Latest News on private equity markets

Futures tumble on fears of financial hit from China virus

U.S. stock index futures fell sharply on growing concerns about the financial fallout of a fast-spreading coronavirus outbreak in China as the country extended the Lunar New Year holidays and more big businesses shut down.



6 years ago

China virus fears push stocks to two-week low, safe havens gain

World shares slipped to their lowest in two weeks on Monday as worries grew about the economic impact of China's spreading coronavirus, with demand spiking for safe-haven assets such as Japanese yen and Treasury notes.



6 years ago

Fed's first hurdle in 2020: Dispensing with 'QE Lite'

The Federal Reserve's bond portfolio is swelling again at a pace not seen since the "quantitative easing" heyday in the early 2010s. Prices for stocks and other risky assets are also rising at a fast clip - a state of affairs that a growing chorus of investors, economists and former Fed officials say is no coincidence, and potentially a problem.



6 years ago

EU to rule on $120 billion United Technologies, Raytheon deal by February 28

EU antitrust enforcers will rule by Feb. 28 whether to approve United Technologies Corp and U.S. contractor Raytheon Co's bid to create a $121 billion aerospace and defense giant, a filing on the European Commission website showed.



6 years ago

The week in business in five graphics

Wuhan in central China is the size of London. But flights to and from the city are canceled, highways are shut and soldiers guard the railway station, as China tries to quarantine the center of a virus outbreak that has killed 81 people and infected thousands, spreading to more than 10 countries including the United States and Japan.



6 years ago

Cash, Plastic or Hand? Amazon Envisions Paying With a Wave

WSJ | AnnaMaria Andriotis | Jan 19, 2020 Tech giant plans terminals to let consumers link credit card information to their hands Amazon wants to make your hand your credit card. The tech giant is creating checkout terminals that could be placed in bricks-and-mortar stores and allow shoppers to link their card information to their

6 years ago

Analysts are now starting to downgrade some stocks because of the coronavirus

Bank of America downgraded shares of Wynn Resorts to neutral from buy and Oppenheimer downgraded shares of cosmetic company Estée Lauder to perform from outperform on Monday.

6 years ago

Tax season is here! What you need to make it easy

Dust off your calculator and sharpen your pencils: Jan. 27 is the first day of tax season. Here's what you should do to make the process as speedy and pain-free as possible.

6 years ago

J&J CEO to testify at trial for first time on Baby Powder risks

Johnson & Johnson Chief Executive Officer Alex Gorsky was set to be called as a witness on Monday in what would be his first appearance in a jury trial over allegations that the company's Baby Powder causes cancer.



6 years ago

The secret to financial success: Paying off debt

U.S. households with credit card debt owe nearly $7,000, on average. If you made the minimum payments on that balance, it would take 21 years to pay it off. Here's how to pay down debt far more effectively.

6 years ago

Oil drops below $60 as China virus stokes demand concern

Crude prices extended declines on Monday, dropping below $60 for the first time in nearly three months, as the death toll from China's coronavirus rose and more businesses were forced to shut down, fuelling expectations of slowing oil demand.



6 years ago

Wall Street opens 1% lower on growing China virus fears

U.S. stocks opened more than 1% lower on Monday, on concerns about the financial fallout of a fast-spreading coronavirus outbreak in China.



6 years ago

This is How You Achieve Greatness. 5 Essential Lessons From Kobe

LA Times | Jan 27, 2020 Kobe Bryant, the NBA MVP who had a 20-year career with the Lakers, was killed Sunday when the helicopter he was traveling in crashed and burst into flames in the hills above Calabasas. His daughter Gianna, 13, was also on board and died along with seven others. For live

6 years ago

GM to spend $2.2 billion to make electric trucks and SUVs at Detroit factory

General Motors Co will invest $2.2 billion in its Detroit-Hamtramck assembly plant to build a variety of electric trucks and SUVs, the No.1 U.S. automaker said in a statement on Monday.



6 years ago

Casper IPO valuation dwindles from peak of $1 billion

Casper Sleep Inc, the online mattress retailer whose investors include actor Leonardo DiCaprio and rapper 50 Cent, expects its initial public offering valuation to be well below the roughly $1 billion it commanded in the last funding round.



6 years ago