Latest News on private equities market

Zoom says China demanded shutting activists' accounts over Tiananmen event

Zoom Video Communications Inc said on Thursday the Chinese government demanded the termination of four public meetings held on its video conferencing platform on June 4 to commemorate the 31st anniversary of China's Tiananmen Square crackdown.



4 years ago

Apple, YouTube unveil $100 million funds to support black causes amid U.S. protests

Apple Inc said on Thursday it will increase spending with black-owned suppliers as part of a $100 million racial equity and justice initiative, while Google-owned YouTube said it will spend $100 million to fund black artists.



4 years ago

Stock tumble gives brutal reminder of pandemic fear

A stock market that shook off the coronavirus pandemic, economic devastation and sky-high equity valuations was reminded of all three on Thursday, as Wall Street took its biggest dive in three months.



4 years ago

Palantir close to registering for stock market debut: sources

Palantir Technologies Inc is aiming to file confidentially with U.S. regulators to go public in the coming weeks, emboldened by the strong performance of other initial public offerings (IPOs), according to people familiar with the matter,



4 years ago

Taco Bell parent Yum sues Grubhub for alleged violation of delivery deal

Taco Bell parent Yum Brands Inc sued Grubhub Inc on Thursday for allegedly violating a delivery contract, a day after Europe's Just Eat Takeaway.com agreed to buy the U.S. food delivery company for $7.3 billion.



4 years ago

Oil prices extend slump as U.S. coronavirus cases climb

Oil prices slid early on Friday, extending heavy overnight losses on a surge in U.S. coronavirus cases this week that has raised the prospect of a second wave of the outbreak slamming demand in the world's biggest consumer of crude and fuel.



4 years ago

Asian stocks set to fall sharply as Wall Street tumbles

Asian equities are set to fall sharply on Friday after Wall Street stocks and oil tumbled over growing concerns that a resurgence of coronavirus infections could stunt the pace of reopening economies.



4 years ago

Asian shares, oil slump as coronavirus fears take hold

Asian shares fell sharply on Friday after Wall Street and oil tumbled over growing concerns that a resurgence of coronavirus infections could stunt the pace of recovery in economies reopening from lockdowns.



4 years ago

FrontFundr Secures Regulation for Connecting Entrepreneurs and Investors Across Canada

FrontFundr | Release | Jun 10, 2020 The introduction of rule 45-505 represents a huge step forward for capital raising and investment crowdfunding from coast to coast TORONTO, June 10, 2020 (GLOBE NEWSWIRE) -- FrontFundr, Canada’s leading online investment platform for the private markets, recently announced the launch of Ontario Instrument 45-505. This new legislation

4 years ago

Europe's Just Eat Takeaway in advanced talks to buy U.S. delivery firm Grubhub

European food ordering firm Just Eat Takeaway.com NV said on Wednesday it was in advanced talks to buy Grubhub Inc in an all-stock deal that, if completed, would create the world's largest food delivery company by revenue.



4 years ago

S&P 500, Dow retreat as focus turns to Fed; Nasdaq hits fresh high

The S&P 500 and Dow slipped on Wednesday, as losses in financial stocks countered a boost from the technology sector, with focus now shifting to the Federal Reserve's first projections on the economy since the coronavirus outbreak.



4 years ago

J&J moves up start of coronavirus vaccine human trials to July

Johnson & Johnson moved up the start of human clinical trials for its experimental vaccine against the highly contagious coronavirus by two months to the second half of July, as the drugmaker rushes to develop a prevention for COVID-19, the company said on Wednesday.



4 years ago

U.S. attorney general group sues 26 dermatology drug makers

A group of attorneys general from U.S. states and territories sued 26 manufacturers of dermatology drugs on Wednesday, accusing them of price fixing and other violations of antitrust law, the third such lawsuit since 2016.



4 years ago

Many young adults bypassed for stimulus checks are now pushing to change that

When Congress enacted legislation to stem the financial distress caused by Covid-19, some dependents were shut out of receiving stimulus checks. Now, young adults are working to raise awareness and reverse that policy.

4 years ago

Fed sees GDP drop of 6.5% in 2020, pledges at least $120 billion in monthly bond-buying

The U.S. Federal Reserve on Wednesday signaled years of extraordinary support for an economy facing a torturous slog back from the coronavirus pandemic, with policymakers projecting a 6.5% decline in gross domestic product this year and a 9.3% unemployment rate at year's end.



4 years ago