Latest News on private equity markets

Surprising purchases that actually qualify as eligible for FSA health spending

Some surprising high-end items, such as expensive skin care, are eligible for flex spending accounts.

6 years ago

Shares of biotech Aurinia nearly double in one day after positive data for Lupus drug

The Victoria, Canada-based company rallied after its trial for drug voclosporin posted positive efficacy and safety results.

6 years ago

BlackRock says global active equities chief Wiseman to leave firm

Mark Wiseman, global head of active equities at BlackRock Inc , is leaving the firm following a violation of the company's "relationships at work policy," the world's largest asset manager said in an internal memo on Thursday.



6 years ago

Wall Street dips on lack of fresh update on trade talks

Wall Street's main indexes dropped on Thursday, as investors stayed away from making riskier bets owing to a lack of new developments in U.S.-China trade talks.



6 years ago

U.S. trade deficit at 1-1/2-year low; labor market strong

The U.S. trade deficit dropped to its lowest level in nearly 1-1/2 years in October, suggesting trade could contribute to economic growth in the fourth quarter, though a fall in imports of consumer goods hinted at a slowdown in domestic demand.



6 years ago

Nearly 40% of Facebook's valuation is on the line from regulatory risk, HSBC says

Regulators from the U.S. and abroad have flagged privacy, regulatory and antitrust risks of the social media giant.

6 years ago

GM, LG Chem set $2.3 billion electric vehicle battery venture in Ohio

General Motors Co .and South Korea's LG Chem said on Thursday they will invest $2.3 billion to set up an electric vehicle battery cell joint venture plant in Ohio, creating one of the world's largest battery facilities.



6 years ago

Beyond Meat burgers to be sold at some Costco stores

Beyond Meat Inc said on Thursday that its plant-based burgers will be sold at some Costco Wholesale Corp stores in the United States.



6 years ago

Here's when newlyweds will face a 'marriage tax penalty'

Many taxpayers see their tax bill drop after marriage. For some, though, it goes up.

6 years ago

UAW names Rory Gamble to serve as president until 2022

The United Auto Workers union international executive board on Thursday named the acting president Rory Gamble to serve in the job until June 2022 after its previous president resigned last month.



6 years ago

Billionaire Lawrence Stroll seeks big stake in Aston Martin: report

Canadian billionaire Lawrence Stroll, owner of Formula One team Racing Point, is preparing a bid for a major stake in Aston Martin , Autocar magazine reported, sending the luxury sports car maker's battered shares up 17% on Thursday.



6 years ago

Shares of biotech Aurinia double in one day after positive data for Lupus drug

The Victoria, Canada-based company rallied after its trial for drug voclosporin posted positive efficacy and safety results.

6 years ago

What Attracts Investors to Blockchain Gaming?

Cointelegraph | Anatol Hooper | Dec 5, 2019 Blockchain is transforming the financial industry right before our eyes, with many market onlookers anticipating a complete replacement of existing payment, trading and banking infrastructures. Blockchain and finance seem like the perfect match, but there are other sectors, for which the technology may play a game-changing role.

6 years ago

Embracing the enemy: Canadian banks partnering with fintech firms after once seeing them as rivals

Financial Post | Julius Melnitzer | Dec 5, 2019 Canadian banks have become 'incubators and accelerators' for tech talent, helping to get new innovations to market more quickly For all the buzz about the disruption that’s occurring in Canada’s financial services sector, the country ranks a lowly 23 among 27 countries in its market adoption

6 years ago

United Auto Workers union names reformer Gamble president until 2022

The United Auto Workers international executive board on Thursday named acting president Rory Gamble to head the union until June 2022 as he pledged a series of reforms following a criminal investigation into illegal payoffs that has rocked the union.



6 years ago