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Latest News on private equity markets

U.S. lawmakers seek to ban federal pension fund from investing in China

A group of U.S. lawmakers introduced legislation on Wednesday that would block a federal retirement fund from investing in Chinese stocks.



6 years ago

Regulators find gaps in Boeing's 737 MAX software documentation: sources

Regulators have asked Boeing Co to fill in gaps in the documentation on its proposed 737 MAX software fix, industry sources told Reuters, raising new questions over the planemaker's hopes to return the jet to U.S. service by year-end.



6 years ago

Oil prices fall on large U.S. crude build, delay in U.S.-China trade signing

Oil prices fell on Wednesday after a much larger-than-expected build in U.S. crude inventories and after Reuters reported that the signing of a U.S.-China trade deal could be delayed until December.



6 years ago

Wall St little changed but report trade deal could be delayed weighs

U.S. stocks were near flat on Wednesday as a report that the U.S.-China deal could be delayed until December increased worries about how long the trade war will go on, while healthcare shares supported the market.



6 years ago

Plan to travel this holiday season? Don't blow your budget by making these 5 mistakes

You may have the perfect plan for travel this holiday season. Yet, one wrong move could sink your carefully crafted budget.

6 years ago

Hedge fund manager Ray Dalio says the economy isn't growing because 'the world has gone mad'

The founder of Bridgewater Associates, the world's largest hedge fund, recently spelled out his thesis on why the economy is broken in a LinkedIn post titled: "The World Has Gone Mad and the System Is Broken."

6 years ago

Exclusive: U.S.-China trade deal signing could be delayed to December; London a possible venue - source

A meeting between U.S. President Donald Trump and Chinese President Xi Jinping to sign a long-awaited interim trade deal could be delayed until December as discussions continue over terms and venue, a senior official of the Trump administration told Reuters on Wednesday.



6 years ago

Blackstone CEO is optimistic U.S., China will agree trade deal

Private equity firm Blackstone Group Inc Chief Executive Stephen Schwarzman said on Wednesday he was optimistic that the United States and China would resolve their 16-month-long trade war, helping to ease tensions between two of the world's biggest economies.



6 years ago

CVS quarterly profit beats expectations; shares rise as it eyes growth

CVS Health Corp reported higher-than-expected third-quarter profit on Wednesday as medical costs in its Aetna health insurance business came in below forecasts, and the company said its new strategy of using in-pharmacy clinics would contain healthcare spending going forward.



6 years ago

These three states have the highest income taxes

If you live in the Northeast U.S., chances are you're facing some steep taxes on income. Here are three states with the heftiest levies on your wages — and seven states that don't tax income at all.

6 years ago

GoDaddy reports 12% rise in quarterly revenue, shares up 8%

GoDaddy Inc reported a 12% rise in third-quarter revenue as the web hosting company earned more from each user, sending its shares up 8% in extended trading.



6 years ago

Wall St. ends near flat; healthcare shares gain but trade deal delay weighs

U.S. stocks ended little changed on Wednesday as a report the U.S.-China trade deal could be delayed until December was offset by gains in healthcare shares.



6 years ago

Square profit tops estimates on growth in subscription and services business

Payments processor Square Inc beat analysts' estimates for quarterly profit on Wednesday, as it earned more from its subscription and services business.



6 years ago

U.S. DoJ demands Ford Focus, Fiesta documentsL Detroit Free Press

The U.S. Department of Justice has demanded documents related to the transmission used in about 2 million of Ford Motor Co's Fiesta and Focus vehicles sold throughout this decade, the Detroit Free Press reported on Wednesday.



6 years ago

Qualcomm's upbeat profit forecast, results send shares higher

Qualcomm Inc forecast current-quarter profit above Wall Street expectations and beat estimates for fourth-quarter revenue from its closely watched licensing business, sending its shares up 5% in extended trading.



6 years ago