Latest News on private equity markets

Britain's Lloyds criticized for mistreating victims of major fraud

Lloyds Banking Group has been heavily criticized for mishandling a compensation scheme for victims of one of Britain's biggest banking scandals in a report published on Tuesday.



6 years ago

Dollar General to sell CBD cosmetics in select Tennessee and Kentucky stores

Discount store chain Dollar General Corp said on Tuesday it would sell cannabidiol (CBD) cosmetic products in more than 1,000 stores in Tennessee and Kentucky, as demand for the products grows.



6 years ago

World stocks sink as tariff deadline approaches

Global stock markets fell for a second day on Tuesday, as caution over a Dec. 15 deadline for the next round of U.S. tariffs on Chinese imports weakened risk appetite and limited outsized market moves.



6 years ago

Netflix could lose four million U.S. subscribers in 2020: brokerage

Needham and Co was the fourth Wall Street brokerage in two months to cut its rating for Netflix Inc on Tuesday, arguing competition from new streaming services could lead to the loss of 4 million premium U.S. subscribers next year.



6 years ago

France fines Morgan Stanley $22 million for bond manipulation

France's markets watchdog AMF said on Tuesday it had fined U.S bank Morgan Stanley 20 million euros ($22 million) for manipulation of sovereign bonds.



6 years ago

These money habits in your 'financial junk drawer' are probably doing you more harm than good

The best way to change your worst financial behaviors? Embrace positive new habits instead of avoiding old ones.

6 years ago

Pelosi to speak on USMCA as officials close in on trade deal

U.S. House Speaker Nancy Pelosi will hold a news conference on Tuesday to discuss the U.S. Mexico Canada (USMCA) trade deal as U.S. and Canadian officials prepared to fly to Mexico City to work on final changes to the agreement.



6 years ago

Trump says U.S., Mexico, Canada trade pact 'looking good'

Efforts to finalize the United States-Mexico-Canada Agreement (USMCA) were "looking good," U.S. President Donald Trump said in a tweet on Tuesday shortly before U.S. House Speaker Nancy Pelosi was scheduled to discuss the trade deal at a news conference.



6 years ago

Wall Street opens flat as Netflix, JPM losses overshadow trade hopes

Wall Street's main indexes were little changed at the open on Tuesday, with losses in Netflix and JPMorgan overshadowing a report that the United States and China were planning to delay a new round of tariffs set to kick in on Dec. 15.



6 years ago

Schlumberger CFO Simon Ayat to be replaced by Stephane Biguet

Schlumberger NV's chief financial officer, Simon Ayat, is stepping down after nearly 12 years in the role and will be replaced by Stephane Biguet, the oilfield services provider said on Tuesday.



6 years ago

US workers could forfeit a record number of vacation days this year

Last year, American workers left more vacation days unused than ever before — 768 million days, up 9% from the year before. This year, the number of days spent at the office could be even greater.

6 years ago

U.S. third-quarter labor costs revised down; productivity weak

Growth of U.S. labor costs was not as robust as initially thought in the third quarter, suggesting inflation could remain tame for a while.



6 years ago

Deutsche paints gloomy picture at investor gathering

Deutsche Bank pared back its revenue growth target on Tuesday, highlighting the tough task facing Germany's biggest lender to revive its fortunes against a gloomy economic backdrop.



6 years ago

U.S. productivity weak in third quarter; labor costs revised lower

U.S. worker productivity fell by the most in nearly four years in the third quarter, the government confirmed, while growth in unit labor costs was not as robust as initially thought.



6 years ago

Exxon found not guilty in New York climate change case, ending 4-year saga for oil company

Exxon Mobil was found not guilty in the case brought against the oil giant by New York's Attorney General.

6 years ago