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Latest News on private equity markets

U.S. appeals court says Trump cannot dodge foreign corruption lawsuit

A U.S. federal appeals court on Friday revived a lawsuit alleging President Donald Trump violated the U.S. Constitution by profiting from foreign and domestic officials who patronized his hotels and restaurants, moving a watchdog group closer to obtaining financial records from his real estate company.



6 years ago

Fintech Fridays EP37: Funding is Female with Jill Earthy

NCFA Canada | Sep 13, 2019 JOIN US ON A STORYTELLING JOURNEY EVERY FRIDAY. Sep 13: Funding is Female with Jill Earthy EP37 GUEST: JILL EARTHY, Head of Female Funders (Linkedin) HOST: Manseeb Khan, Fintech Friday's show host BIO:  Jill Earthy is an entrepreneurially minded leader who believes diversity drives innovation. As Head of Female Funders

6 years ago

Apple, Broadcom rein in Wall Street gains on trade optimism

Losses in shares of U.S. technology majors Apple and Broadcom set Wall Street for a subdued end to the week, as traders balanced the latest indicators of uncertain global growth outlook with perceived progress in Sino-U.S. trade relations.



6 years ago

Exclusive: WeWork considers dramatic valuation cut in IPO

WeWork owner The We Company may seek a valuation in its upcoming initial public offering of between $10 billion and $12 billion, a dramatic discount to the $47 billion valuation it achieved in January, people familiar with the matter said on Friday.



6 years ago

Hong Kong exchange vows to press on with $39 billion LSE bid after rebuff

Hong Kong's exchange refused to give up on its bid to take over the London Stock Exchange after the British bourse emphatically rejected its $39 billion takeover offer on Friday.



6 years ago

How much you can expect to receive from Social Security if you make $50,000 a year

Your Social Security benefits are based on income, the year you were born and the age you decide to start taking money out. So what if you earn a $50,000 salary? Here's how your monthly benefit amount is calculated.

6 years ago

Max Levchin’s Affirm seeks capital amid surge in fintech funding

TechCrunch | Kate Clark | Sep 12, 2019 Affirm, founded by PayPal’s Max Levchin, is said to be raising as much as $1.5 billion in a combination of debt and equity, according to people with knowledge of the company’s fundraising activities. Josh Kushner’s New York venture capital firm Thrive Capital is said to be leading

6 years ago

PG&E settles wildfire claims with insurers for $11 billion

PG&E Corp said on Friday it has reached an $11 billion settlement to resolve most claims by insurance carriers related to 2017 and 2018 wildfires in California.



6 years ago

Apple, Broadcom keep Wall Street gains in check

Losses in shares of U.S. technology majors Apple and Broadcom held the S&P 500 just under record levels on Friday, as traders balanced the latest indicators of an uncertain global growth outlook with perceived progress in Sino-U.S. trade relations.



6 years ago

Regulating financial innovation – going behind the scenes

FCA | Sep 11, 2019 Speech by Christopher Woolard, Executive Director of Strategy and Competition at the FCA, delivered at the Cambridge Centre for Alternative Finance annual conference, Judge Business School. Highlights: The UK has led the rest of the world with developments like the regulatory Sandbox, we are very proud of what has been

6 years ago

'The most important chart in the world' offers a warning sign for stocks

The benchmark 10-year Treasury note yield tested 1.5% in late August and early September. Another challenge could signal tough times.

6 years ago

Factbox: What needs to happen before Boeing's 737 MAX can fly again

Boeing Co's best-selling jet, the 737 MAX, was grounded globally in March, days after the crash of an Ethiopian Airlines flight that followed a similar Lion Air disaster in Indonesia in October. A total of 346 people died in the two crashes.



6 years ago

Solid U.S. retail sales calm some worries about economy

U.S. retail sales increased more than expected in August, pointing to solid consumer spending that should continue to support a moderate pace of economic growth.



6 years ago

IMF has a decision to make in Argentina: rock or hard place?

The International Monetary Fund has a tough choice to make in Argentina: Unlock over $5 billion in funds under the country's loan deal as the government strains to stave off default, or hold the money back and risk sparking more market panic.



6 years ago

JP Morgan puts traders on leave as Justice Department's criminal investigation continues

JP Morgan places two precious metals traders on leave as a criminal probe into the firm's trading practices continues.

6 years ago