Private equity firms have more money than they know what to do with and may have to start returning it to investors, according to an article in The New York Times last week.
Articles by Eileen Elliott
Latest News
Last week the Indian government announced that it was increasing the limits for foreign investment in insurance joint ventures, and opening the pension system to foreigners.
In contrast to China's Official National Bureau of Statistics report, the HSBC Purchasing Managers' Index for September showed the country's services sector recovering, Reuters reported today.
As Europe’s sovereign debt crisis continues and banks grow increasingly selective about making loans for deals involving private equity, European private equity firms are being forced to look elsewhere for the financing they need to complete acquisitions, based on Friday's NYT DealBook article.
Critics give the movie "Taken 2" a score of only 19 percent on Rotten Tomatoes while the audience ranks it at 76 percent.
Shares for the online game-maker Zynga were down more than 20 percent on Thursday, an all-time low at $2.82 in afterhours trading, after reports of expected third-quarter losses, and projected revenue losses for the year.
Former General Electric CEO Jack Welch stirred up a brouhaha with today's tweet: "Unbelievable jobs numbers...these Chicago guys will do anything...can't debate so change numbers," CNN reported.
A seven judge panel ruled on Thursday that 41 lawsuits filed in California, Florida and New York against Facebook, NASDAQ and underwriters connected to the social media's IPO in May be heard in New York, Bloomberg reported.
The most recent report from the Department of Labor showed a 7.8 percent drop in unemployment for September, with 873,000 people added to the payrolls.
Starbucks' customers who own smartphones (iPhones and Androids) will be able to pay with the Square Wallet mobile device starting early next month.
In the midst of an ongoing New York State investigation into the accounting practices of some of the country's largest private equity firms, two Republican Congressmen asked State Attorney General Eric Schneiderman's office to "cease its efforts" with regard to requests for tax information made directly to the entities involved, The Huffington Post reported last week.
Ralls Corp., the Chinese-owned company that was blocked by President Obama on Friday from building four wind farms in Northern Oregon, has added President Barack Obama as a defendant in a lawsuit alleging that the government exceeded its authority, The Wall Street Journal reported Tuesday.
U.S. President Barack Obama waves with Vice President Joe Biden after Obama accepted the 2012 U.S Democratic presidential nomination during the final session of Democratic National Convention in Charlotte
07/09/2012
The Carlyle Group continues to diversify; announcing yesterday that it would buy a majority stake in New York-based Vermillion Asset Management which will reportedly become its exclusive commodities trading platform.
The largest metals service center in North America, Reliance Steel & Aluminum Co., announced that effective Oct. 1 it had acquired all outstanding limited liability company interests of the privately held Sunbelt Steel Texas, LLC.
A new study released by the Kauffmann Foundation shows an unprecedented drop in the creation of tech start-ups, which it attributes to a stagnating immigrant population.
A new joint venture, Redpoint e.Ventures, announced over the summer that it had raised $130 million to invest in early stage Internet start-ups in Brazil. It is the first such fund in Brazil originating from Silicon Valley and according to the company's founders the largest early stage venture capital fund there.
According to a recently released report by CB Insights, angel investors are filling a geographic niche overlooked by venture capitalists.
Brief overviews of Asia's tech start-up environments for investors. For American and Canadian investors looking to put their money into tech start-ups,The Economist provides a quick overview of business environments in China, India, Singapore, South Korea, Hong Kong and Taiwan, and Vietnam.
A few tips to help consumers decide if it makes sense to refinance their mortgages. Thanks to an announcement by the Federal Reserve in mid-September that it would buy $40 billion of mortgage-backed securities per month, interest rates have been falling steadily and are now at historic lows.
The fastest-growing venture capitalist firm in Silicon Valley, Andreessen Horowitz, announced that former Washington mayor Adrian Fenty will join its team as a special advisor, The New York Times reported on Wednesday.
A Standard & Poor's Case-Shiller report released yesterday shows home prices rising for six consecutive months.
The Associated Press reported today that on Tuesday brothers Zev and Jeffrey Weiss, made an offer to buy its 33.8 million outstanding shares of common stock, valued at approximately $581 million.