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Latest News on private equity markets

Oil prices slip on mixed Chinese economic data, storm impact

Oil prices fell on Monday on mixed Chinese economic data and signs that the impact of a tropical storm on U.S. Gulf Coast production and refining would be short-lived.



6 years ago

Wall Street treads water as Citi results pressure bank shares

Wall Street's three main indexes flitted between slight gains and losses on Monday, as declines in Boeing and bank stocks after Citigroup's quarterly report were countered by a rise in technology shares.



6 years ago

UAW head wants union to share in profits of U.S. automakers

The head of the labor union representing most hourly workers at the U.S. automakers struck an adversarial tone on Monday, vowing in likely contentious talks for new four-year deals that they want to share in the companies' profits.



6 years ago

U.S. Treasury's Mnuchin to give briefing on cryptocurrency on Monday

U.S. Treasury Secretary Steven Mnuchin will give a briefing on cryptocurrency at 2:00 pm ET (1800 GMT) on Monday from the White House briefing room, a White House official said.



6 years ago

LVMH pairs with Stella McCartney, igniting fashion rivalries

French luxury goods group LVMH on Monday announced a tie-up with Stella McCartney, just months after the British designer known for her animal-friendly ethics ended a long-term partnership the conglomerate's arch-rival Kering .



6 years ago

Wall Street slightly lower as Citi results weigh on bank stocks

Wall Street's three main indexes edged lower in choppy trade on Monday, easing from record highs, as declines in Boeing and bank stocks after Citigroup's quarterly report were tempered by a rise in healthcare shares.



6 years ago

Oklahoma lawyers at trial's end say opioid 'kingpin' J&J fueled epidemic

Lawyers for the state of Oklahoma on Monday compared Johnson & Johnson to a drug cartel leader as they sought to hold the drugmaker responsible for fueling the U.S. opioid epidemic in the first trial to result from lawsuits over the crisis.



6 years ago

Trump says has 'better' plan if Congress doesn't pass U.S.-Mexico-Canada trade deal

President Donald Trump said on Monday he has "a better plan" if the U.S. Congress does not pass a new trade deal with Canada and Mexico.



6 years ago

This new business from Amazon represents a '$100 billion opportunity,' Morgan Stanley says

Amazon is expanding its empire and Morgan Stanley believes Bezos' ambitious satellite internet plan could become very lucrative.

6 years ago

Charles Schwab in talks to buy USAA wealth-management, brokerage units: WSJ

Charles Schwab Corp is in talks to buy brokerage and wealth-management operations from USAA for about $2 billion, the Wall Street Journal reported on Monday, citing people familiar with the matter.



6 years ago

Russia's Aeroflot plans to add nine Airbus A320 Neo to fleet-documents

Russia's national flag carrier Aeroflot is planning to add nine medium-haul A320 Neo Airbus planes for about $870 million to its fleet next year, procurement documents show.



6 years ago

China data supports stocks as U.S. earnings season begins

A gauge of global stocks edged higher on Monday after economic data from China came in as expected, although stocks on Wall Street slipped as financials showed some weakness in the wake of Citigroup's earnings report.



6 years ago

Amazon rivals ride on Prime Day marketing as protests unfold

Amazon.com Inc's Prime Day is now a major marketing opportunity and shopping event in the annual calendar for other U.S. retail companies, rivaling the Thanksgiving holiday's Black Friday as a driver of sales.



6 years ago

Oil prices fall on fading storm impact, Chinese economic data

Oil prices edged lower on Monday on signs that the impact of a tropical storm on U.S. Gulf Coast production and refining would be short-lived, while Chinese economic data dimmed the crude demand outlook.



6 years ago