Latest News on private equities market

The owner of dating app Bumble said on Friday it would revamp its holding structure and spend $100 million, as it looks to better compete with Match Group's Tinder.

Papa John's International Inc said on Friday it dismissed KPMG LLP as its financial auditor after the accounting firm pointed out that the pizza chain did not maintain effective internal control over its financial reporting last year. The company has appointed Ernst & Young LLP, which served as its auditor between 1990 and 2017, to handle the accounts for fiscal year ending December 2019, it said in a regulatory filing.

American Airlines Group Inc on Friday asked a federal court to quickly halt an alleged illegal slowdown by mechanics' unions that has become "devastating" to the airline's operations.

The U.S. Justice Department is set to decide as early as next week whether to approve the $26.5-billion merger of wireless carriers T-Mobile USA and Sprint Corp, a person briefed on the matter said on Friday.

Private equity group Apollo Global Management is in talks with satellite TV provider Dish Network to finance a bid for wireless assets that will be divested in the proposed merger between T-Mobile and Sprint Corp, according to two people familiar with the matter.

Perdue Foods, one of America's largest chicken producers, said it will sell frozen chicken nuggets mixed with cauliflower, chickpeas and plant protein to address a growing demand for products combining meat and vegetables.

U.S. President Donald Trump on Friday urged Lockheed Martin Corp to keep open its Sikorsky helicopter plant in Coatesville, Pennsylvania, a week after the weapons maker announced the planned closure of the facility.

The U.S. Trade Representative's Office on Monday will kick off seven days of testimony from U.S. retailers, manufacturers and other businesses about President Donald Trump's plan to hit another $300 billion worth of Chinese goods with tariffs.

Alphabet Inc's Google is trying to plug a surge of public scrutiny around the world by overhauling how its policy office operates, with increased emphasis on having policy staffers and top company executives alike building relationships with governments, people familiar with the matter said this week.

An executive of China's Huawei, which has been banned from working with U.S. tech firms, said on Thursday that the telecoms giant is in the process of potentially launching its "Hongmeng" operating system (OS) to replace the U.S. Android OS.

Asian stocks held their ground on Friday after Wall Street gained on a surge in oil prices as attacks on tankers in the Gulf of Oman stoked U.S.-Iran tensions and raised concerns over supply flows through one of the world's main sea lanes.

Fears of a global recession are on the rise as the U.S.-China trade war re-escalated in May, sending investors to the safety of U.S Treasuries, the Japanese yen and gold.

Asian stocks were subdued on Friday ahead of key Chinese data that could provide more clues on how heavily the U.S.-Sino trade war is weighing on the economy, while oil prices were supported by supply concerns after attacks on tankers in the Gulf of Oman.

Jets used for corporate travel by Russian state-owned oil major Rosneft flew at least 13 times to Mallorca, Ibiza, Sardinia and the Maldives when CEO Igor Sechin or people from his social circle were in the same vacation spots.

Shared office space manager WeWork Cos is exploring a deal to take majority control of its affiliate WeWork India ahead of the New York-based company's plans to go public, Bloomberg reported on Thursday, citing people familiar with the matter.