KRTL BioTech

Latest News on private equity markets

Boeing CEO grilled at U.S. hearing: 'We've made mistakes'

Boeing Co Chief Executive Dennis Muilenburg was pressed by U.S. lawmakers at a hearing on Tuesday over what the company knew about its MCAS stall-prevention system linked to two deadly crashes, and about delays in turning over internal 2016 messages that described erratic behavior of the software in a simulator.



6 years ago

World stocks edge higher on robust U.S. results, rate hopes; oil pares losses

World stocks edged higher on Tuesday, lifted by strong earnings from big U.S. drugmakers Merck and Pfizer and expectations of another dose of policy stimulus from the U.S. Federal Reserve, while oil prices pared earlier losses.



6 years ago

Oil pares losses on easing trade tensions, firmer U.S. equities

Oil prices were steady on Tuesday, paring earlier losses as investors focused on signs that U.S.-China trade tensions could ease next month.



6 years ago

Juul marketing chief to exit amid advertising suspension

Juul Labs Inc said on Tuesday that its Chief Marketing Officer Craig Brommers is leaving the company, just weeks after the e-cigarette maker suspending advertising in the United States amid concerns over the appeal of its nicotine products amongst teenagers.



6 years ago

Top GE analyst Tusa continues 'to see downside' going into earnings report

J.P. Morgan's Stephen Tusa continues to tell investors to stay away from GE in his latest note.

6 years ago

Beyond Meat butchered as stock sale ban lifted

Shares of Beyond Meat Inc plunged more than 20% on Tuesday as investors rushed to cash in after a restriction on selling stock lifted and worries mounted about rising costs and increased competition at the hugely popular plant-based meat producer.



6 years ago

IAC must face Tinder co-founder's $2 billion lawsuit: NY appeals court

A New York state appeals court on Tuesday rejected IAC/InterActiveCorp's bid to dismiss a $2 billion lawsuit by a group of Tinder founders, executives and early employees who said it undervalued the dating app to avoid paying them billions of dollars.



6 years ago

Facebook sues Israel's NSO Group over alleged WhatsApp hack

Facebook Inc on Tuesday sued Israeli cyber surveillance firm NSO Group, alleging it hacked users of messaging platform WhatsApp earlier this year.



6 years ago

KKR earnings slide 23% as weaker deal activity hits revenue

Private equity firm KKR & Co reported a 23% year-on-year drop in its quarterly after-tax distributable profit on Tuesday, as fee revenue slid amid a broader slowdown in asset sales by buyout firms.



6 years ago

Oil rises on forecast of falling U.S. fuel stockpiles

Oil rose on Tuesday, paring earlier losses as investors focused on signs that U.S.-China trade tensions could ease next month and expectations that U.S. refined product stockpiles declined last week.



6 years ago

Hudbay vows appeal after court affirms Arizona project ruling

Hudbay Minerals on Tuesday vowed to appeal a court ruling that barred the Canadian miner from building a major copper mine in the United States after losing its bid to have a judge revisit the decision.



6 years ago

Mercedes recalls EQC electric car due to potentially faulty bolt

Daimler is recalling 1,700 of its new Mercedes-Benz EQC electric cars because of a potentially defective bolt in the differential, which controls wheel rotation during a turn, the company said on Tuesday.



6 years ago

Amazon drops grocery delivery fee as competitors close in

Amazon.com Inc is eliminating its grocery delivery service free for Prime members in the United States and making shopping easier by combining AmazonFresh and Whole Foods Market ordering on a single site, in a bid to fend off rival grocery sellers like Walmart Inc and Kroger Co.



6 years ago

Apple Pay in EU antitrust spotlight as regulators seek details

Apple faces more regulatory woes in Europe as EU antitrust regulators ask online sales companies whether they have been told to use its mobile payment service instead of rival services, an EU document seen by Reuters showed.



6 years ago

New Juul CEO reshuffles top deck to fix image

Juul Labs Inc said on Tuesday its finance and marketing heads will step down, as new chief executive officer revamps top management in a bid to rebuild the e-cigarette maker's public image amid intense scrutiny from regulators and lawmakers.



6 years ago