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Latest News on private equity markets

Alphabet's legal head David Drummond to retire amid board probe of harassment policies

Alphabet's new Chief Executive Sundar Pichai on Friday gained the opportunity to reshape the leadership of Google's parent with the exit of Chief Legal Officer David Drummond, whose outsized strategic role was overshadowed by employee concerns about his personal relationship with a subordinate.



5 years ago

Dollar, stocks slide on renewed Middle East tensions

The dollar fell and global equity markets backed down from fresh highs on Friday on troubling signs of renewed U.S.-Iranian tensions.



5 years ago

U.S. employment in the 2010s in five charts

The last U.S. employment report of the 2010s out Friday had few surprises, but it wrapped up a decade that featured some notable milestones in a job market that has changed dramatically in the space of 10 years.



5 years ago

Wall Street edges down after recent records, weak jobs data

U.S. stocks were down slightly in Friday afternoon trading as investors took profits after hitting record highs this week and data showed slower-than-expected December U.S. jobs growth.



5 years ago

Do your teens understand money? Here are 10 tips to start the conversation

Kids ages 10 to 14 are forming the big part of their relationship with money. Here's how to make it a healthy one.

5 years ago

Oil falls below $65/bbl in first weekly drop since November

Oil fell below $65 a barrel on Friday in its first weekly loss since late November, erasing the week's risk premium added since a U.S. drone strike killed a top Iranian general as investors focused on rising U.S. inventories and other signs of ample supply.



5 years ago

Boeing's ousted CEO Muilenburg not entitled to severance payment

(Reporting by Ankit Ajmera in Bengaluru; Editing by Shounak Dasgupta)



5 years ago

Boeing supplier Spirit to lay off more than 20% of workforce in Kansas

Boeing Co's biggest supplier, Spirit AeroSystems Holdings Inc , said on Friday it plans to lay off more than 20% of the workforce at its Wichita-Kansas base as it grapples with halted production and uncertainty over when 737 MAX jets will return to service.



5 years ago

U.S. regulator seeks to fine Boeing $5.4 million for defective parts on 737 MAX planes

The Federal Aviation Administration (FAA) said on Friday it was seeking to fine Boeing Co $5.4 million, alleging it failed to prevent the installation of defective parts on 737 MAX airplanes.



5 years ago

Canadian prosecutors say case against Huawei CFO is about fraud, not sanctions

Huawei executive Meng Wanzhou's conduct amounts to fraud under Canadian law and the court need not consider U.S. sanctions law, Canadian federal prosecutors argued in a court filing released on Friday.



5 years ago

Wall Street slips from records after jobs data, but posts weekly gains

U.S. stocks fell on Friday from record-high levels as investors took profit and data showed slower-than-expected December U.S. jobs growth, but the major indexes posted gains for the week.



5 years ago

FAA proposes $3.92 million fine against Southwest for alleged weight infractions

The U.S. Federal Aviation Administration (FAA) said on Friday it is seeking to impose a $3.92 million fine on Southwest Airlines Co for alleged weight infractions on 21,505 flights on 44 aircraft between May 1, 2018 and Aug. 9, 2018.



5 years ago

Facebook's stock hits record high, signaling recovery after extended historic slump

Shares of Facebook , which have been doggedly crawling their way back from a historic slump after lapses in users' privacy sparked fears of lower profits, on Friday struck an intra-day record high for the first time in over a year.



5 years ago

Airbus net orders rise but lag behind deliveries in 2019

Airbus posted higher airplane orders for 2019 but failed to keep pace with deliveries for the second year in a row after axing its A380 superjumbo program and clearing its books of some defunct deals left over from a faltering industry order boom.



5 years ago

Alphabet legal head Drummond exits, giving its new CEO chance to shake up team

Alphabet's new Chief Executive Sundar Pichai on Friday gained the opportunity to reshape the leadership of Google's parent with the exit of Chief Legal Officer David Drummond, whose outsized strategic role was overshadowed by employee concerns about his personal relationship with a subordinate.



5 years ago