July 18, 2019

Blackstone reports better-than-expected Q2 distributable earnings

Blackstone Group Inc , the world’s largest manager of alternative assets such as private equity and real estate, said on Thursday its distributable earnings in the […]
July 18, 2019

Southwest schedules without Boeing 737 MAX until Nov. 2, freezes pilot hiring

Southwest Airlines Co joined U.S. rivals on Thursday in cancelling more flights until early November due to the continued grounding of Boeing Co’s 737 MAX, which […]
July 18, 2019

Justice Department may sue to block Sprint, T-Mobile merger: CNBC

The U.S. Justice Department would sue to block the merger of T-Mobile US Inc and Sprint Corp if the parties do not settle next week, CNBC […]
July 18, 2019

Evercore set to lose out as Aramco reshuffles IPO roles: sources

Boutique investment bank Evercore Partners has lost the chance to retain a prime position as an independent advisor for Saudi Aramco’s potential $100 billion share sale, […]
July 18, 2019

Wall St. dips as trade worries weigh; Netflix tumbles

U.S. stock indexes edged lower on Thursday as investors awaited more developments around trade, while Netflix posted a surprise drop in U.S. subscribers, kicking off earnings […]
July 18, 2019

Airbus closes in on Air France jetliner deal: sources

Airbus is close to a deal worth billions of dollars to sell dozens of A320neo-family and smaller A220 aircraft to Air France as the French network […]
July 18, 2019

Oil steadies, shrugging off Iran’s seizure of tanker in Gulf

Oil initially rose more than 1% on Thursday after Iran said it had seized a foreign tanker in the Gulf, but prices gradually lost their gains […]
July 18, 2019

Morgan Stanley profit beats on wealth management gains, lower expenses

Morgan Stanley reported a drop in quarterly profit but beat analysts’ expectations on gains in its wealth-management business and lower expenses. Powered by WPeMatico
July 18, 2019

Verizon resurrects media business as safe haven on the internet

Banning pornography from Tumblr was not necessarily meant to define Verizon Media’s strategy to turn around a collection of Internet has-beens. But that is how it […]
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