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Latest News on private equity markets

AT&T will pay $60 million over U.S. allegations it lied in 'unlimited data' pledge: government

AT&T will pay $60 million to resolve U.S. allegations it misled millions of smartphone customers by charging them for "unlimited" data plans but reducing data speeds if they used too much, the Federal Trade Commission (FTC) said on Wednesday.



6 years ago

Trump tariffs cost China $35 billion, hurt both economies: U.N.

A trade war between the world's top two economies cut U.S. imports of Chinese goods by more than a quarter, or $35 billion, in the first half of this year and drove up prices for American consumers, a U.N. study showed on Tuesday.



6 years ago

Wall Street increasingly weighs risk from climate change

In the wake of two years of devastating wildfires in California, Wall Street is incorporating a new risk metric when evaluating companies: climate resiliency.



6 years ago

Exclusive: Walgreens has explored taking drug store chain private - sources

Walgreens Boots Alliance Inc has been exploring whether to go private following private equity interest in the U.S drug store chain, according to people familiar with the matter.



6 years ago

'Infinite leverage' — some Robinhood users have been trading with unlimited borrowed money

Some Robinhood users have been manipulating the stock-trading app to trade with what they're calling "infinite leverage."

6 years ago

S&P 500 takes a pause after trade-fueled rally

The S&P 500 took a breather on Tuesday after expectations of a U.S.-China trade deal propelled the three main U.S. stock indexes to record highs in the previous session.



6 years ago

U.S. CEOs who win trade barriers for their firms see big compensation boost: study

The compensation of U.S. CEOs rises sharply when their companies gain import restrictions against foreign competitors, according to a new research paper.



6 years ago

Lone Bitcoin Whale Likely Fueled 2017 Price Surge, Study Says

BNN Bloomberg | Matthew Leising and Matt Robinson | Nov 4, 2019 (Bloomberg) -- A Texas academic created a stir last year by alleging that Bitcoin’s astronomical surge in 2017 was probably triggered by manipulation. He’s now doubling down with a striking new claim: a single market whale was likely behind the misconduct, seemingly with

6 years ago

Oil gains 1% as China pushes Trump for more tariff rollbacks

Oil prices rose more than 1% on Tuesday on hopes for a U.S.-China trade agreement and optimism that Washington could roll back some tariffs on Chinese imports.



6 years ago

U.S. SEC proposes rules that could limit shareholder voices

Wall Street's top regulator on Tuesday proposed a pair of long-awaited rules that would set new limits on shareholders’ ability to call for corporate changes on thorny issues like climate change disclosures and executive compensation.



6 years ago

Mylan shares slide after warning of hit to revenue

Generic drugmaker Mylan NV said on Tuesday reevaluation of its portfolio of medicines will continue next year and cautioned of a hit to revenue, and its shares nearly 6%.



6 years ago

Struggling Norwegian Air to sell more shares, launch bond issue

Norwegian Air plans to raise up to $316 million through its third share sale in two years and a bond issue to meet the struggling airline's financial needs through 2020 and beyond, it said on Tuesday.



6 years ago

Shale CEO calls out industry for Permian Basin gas flaring

Pioneer Natural Resources Chief Executive Scott Sheffield on Tuesday called on producers in the top U.S. shale field to limit natural gas flaring and monitor for methane leaks.



6 years ago

FCC releases order approving Sprint, T-Mobile merger, vote was along party lines

The Federal Communications Commission on Tuesday released its order approving T-Mobile US Inc's proposed $26.5 billion tie-up with Sprint Corp in a vote split along party lines.



6 years ago

AT&T to pay $60 million in settlement for slowing cellphone data on unlimited plans

AT&T will pay $60 million to resolve U.S. allegations it misled millions of smartphone customers by charging them for "unlimited" data plans that reduced data speeds if they used too much, the Federal Trade Commission (FTC) said on Tuesday.



6 years ago