Latest News on private equity markets

Boeing says 737 MAX approval delays could hit production

Significant additional regulatory requirements or delays in returning Boeing Co's 737 MAX to commercial service could cause it to cut or temporarily halt production of the aircraft, it said in an Oct. 18 letter released on Thursday.



6 years ago

Treasury Secretary Mnuchin says China should be 'graduated' from supportive World Bank loan program

Treasury Secretary Steven Mnuchin on Thursday agreed that the World Bank should expel China from a supportive loan program.

6 years ago

Wall Street inches higher as Dec. 15 tariff deadline looms

Wall Street eked out slight gains on Thursday as investors waited for concrete news on a hoped-for interim trade deal between the United States and China before a new round of tariffs scheduled to kick in on Dec. 15.



6 years ago

Digital bank Chime quadruples valuation in less than a year to $5.8 billion as it takes on megabanks

Chime's move shows that for select start-ups, massive amounts of cash are still readily available.

6 years ago

Global stocks falter on trade uncertainty; sterling gains

The dollar slid and global equity markets traded little changed on Thursday as enthusiasm over Apple shares was offset by doubts about the likelihood of a "phase one" trade deal before a new round of U.S. tariffs on Chinese imports begins in 10 days.



6 years ago

Shares of biotech Aurinia surge 78% 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

A top Tesla analyst raised his 'bull case' for the stock to $500, or 50% higher from here

Morgan Stanley increased its "bull case" for Tesla to $500 a share but is sticking by its $250 a share "base case."

6 years ago

Uber says it received over 3,000 reports of sexual assault in U.S. in 2018

Ride-hailing firm Uber Technologies Inc on Thursday said it had received more than 3,000 reports of sexual assault, including rape, related to its trips in the United States in 2018, at a time when it operated roughly 1.3 billion rides.



6 years ago

Asian shares firm, oil near two-month high after deeper output cut

Asian stocks held firm on Friday as U.S. President Donald Trump's rhetoric kept investors' hopes up on a trade deal with China, while oil sat near two-month highs after producers led by Saudi Arabia and Russia agreed on further output cuts.



6 years ago

Labor group accuses Google of firing four to deter workers from union activities

The Communications Workers of America union filed a federal labor charge against Alphabet Inc's Google on Thursday, accusing the company of unlawfully firing four employees to deter workers from engaging in union activities.



6 years ago

Labor group accuses Google of sacking workers to deter unionism

The Communications Workers of America union filed a federal labor charge against Alphabet Inc's Google on Thursday, accusing the company of unlawfully firing four employees to deter workers from engaging in union activities.



6 years ago

Labor group accuses Google of illegally firing workers to stifle unionism

The Communications Workers of America union filed a federal labor charge against Alphabet Inc's Google on Thursday, accusing the company of unlawfully firing four employees to deter workers from engaging in union activities.



6 years ago

Chinese defy Hong Kong's protest gloom in hunt for bargain stocks

Chinese investors more than doubled their Hong Kong stocks purchases this year, braving market headwinds from violent street protests and the protracted Sino-U.S. trade war, which have battered the Asian financial hub's economy.



6 years ago

JPMorgan banker says he spent a year meeting regulator in Australian cartel case

A senior JPMorgan Chase & Co banker spent over a year in meetings with the Australian antitrust regulator before signing a statement that would be used to bring criminal cartel charges against two rival banks and their executives, a court heard on Friday.



6 years ago

Asian shares gain as Trump fuels trade deal optimism, oil firm on OPEC+ output cut

Asian stocks gained on Friday as investors took heart from U.S. President Donald Trump saying trade talks with China were "moving right along", and U.S. oil prices sat near 2-1/2-month highs after OPEC and other producers agreed to cut output.



6 years ago