Latest News on private equity markets

France fines Google 150 million euros for opaque advertising rules

France's competition watchdog fined Google 150 million euros ($167 million) on Friday for abusing its power over the treatment of advertisers, saying it applied opaque rules and changed them at will.



6 years ago

United cancels 737 MAX flights into June as Spirit AeroSystems to freeze parts production

United Airlines Co is extending its cancellations of Boeing 737 MAX flights until June 4 as Boeing's top supplier, Spirit AeroSystems Inc, said it would stop making fuselages for the grounded jets.



6 years ago

Alphabet grants Pichai largest ever stock award, again

Alphabet Inc's newly-instated Chief Executive Officer Sundar Pichai would receive a hefty $240 million in performance-based stock awards over the next three years, the highest ever promised to any executive of the search giant.



6 years ago

U.S. Steel says to lay off 1,545 workers in Michigan

United States Steel Corp plans to lay off as many as 1,545 workers at its Great Lakes Works facility in the electoral swing state of Michigan following its decision to indefinitely idle a "significant" portion of the facility.



6 years ago

Oil prices sink but on track for third weekly rise on trade hopes

Oil fell on Friday, but prices were set for a third straight weekly gain amid the easing of U.S.-Chinese trade tensions, which has boosted business confidence and the outlook for global economic growth.



6 years ago

U.S. consumers put economy on moderate growth path in third quarter

U.S. economic growth nudged up in the third quarter and the economy appears to have maintained the moderate pace of expansion as the year ended, supported by a strong labor market.



6 years ago

The best year financial markets have ever had?

For all the angst about trade wars, geopolitics and a sputtering and overly indebted global economy, 2019 might just be the best year investors have ever had.



6 years ago

Trade progress, consumer spending propel Wall Street to fresh highs

The S&P 500 hit a record high for the seventh straight session on Friday, its longest in over two years, as investor sentiment improved on progress in U.S.-China trade relations and strength in domestic consumer spending.



6 years ago

Tesla shares inch closer to Musk's $420 take-private offer

Shares of Tesla Inc hit a fresh record high for the third straight session on Friday, and were just $7 shy from the $420 per share price at which founder Elon Musk sought to take the electric carmaker private more than a year ago.



6 years ago

SEC probes NYSE listings of companies including Slack: WSJ

The U.S. Securities and Exchange Commission (SEC) is probing the listings of some companies over several years focusing on the first day of trading, the Wall Street Journal reported on Friday, citing sources.



6 years ago

JPMorgan pressed by Senate Democrats on racial discrimination reports

A group of five U.S. senators sent a letter on Thursday to JPMorgan Chase & Co. , asking it to explain what it was doing to address what they described as "a troubling list of discriminatory practices" related to race.



6 years ago

Amazon to raise U.S. fulfillment fees 3 percent for merchants next year

Amazon.com Inc plans to raise the fees it charges merchants for warehousing and shipping their goods in the United States by an average 3% next year, the company said Friday, as it faces higher costs from infrastructure and programs such as one-day delivery.



6 years ago

S&P 500 hits high following trade progress, upbeat data

The S&P 500 hit a record high for a seventh straight session on Friday, as continued optimism on resolving the U.S.-China trade war and strength in domestic consumer spending lifted sentiment.



6 years ago

S&P 500 posts biggest weekly percent gain since September amid data, trade optimism

U.S. stocks hit record closing highs again on Friday and the S&P 500 registered its biggest weekly percentage gain since early September after data showed a rise in consumer spending and investors continued to be optimistic about developments in the U.S.-China trade dispute.



6 years ago

Exclusive: U.S. agency in talks with GM to deploy some cars without steering wheels

The National Highway Traffic Safety Administration's (NHTSA) acting chief said on Friday the agency is in talks with General Motors Co on its January 2018 petition to deploy a limited number of self-driving vehicles on U.S. roads without steering wheels or other human controls.



6 years ago