Latest News on private equities market

Volkswagen in Mexico will begin sending workers back to plant on Tuesday

Volkswagen AG's Mexican unit will begin sending workers back to its plant in the central state of Puebla on Tuesday for "preparation and training eyeing a gradual start further ahead," the company said in a statement on Sunday.



5 years ago

Oil drops as new coronavirus outbreaks raise fuel demand concerns

Oil fell more than 2% on Monday, extending losses from last week, as new coronavirus infections hit China and the United States, raising the prospect that renewed outbreaks of the virus could weigh on the recovery of fuel demand.



5 years ago

Asian stocks, oil fall as second wave fears grow

Asian shares stumbled on Monday and oil prices slipped as fears of a second wave of coronavirus infections in Beijing sent investors scurrying for safe-havens while underwhelming data from China further weighed on sentiment.



5 years ago

Amazon's business practices examined by two U.S. states: reports

State investigators in both California and Washington are examining Amazon's business practices, two newspapers reported, citing people familiar with the matter.



5 years ago

China central bank bank approves American Express for bank card clearance business

China's central bank said on Saturday it has given American Express approval to set up a bank card clearance business in the country.



5 years ago

American Express JV gets final approval to launch operations in China

China's central bank has given the final nod to a network clearing license for an American Express joint venture, allowing it to be the first foreign credit card company to launch onshore operations in China.



5 years ago

Amazon's business practices examined by two U.S. states

State investigators in both California and Washington are examining Amazon's business practices, two newspapers reported, citing people familiar with the matter.



5 years ago

Pro traders scramble for protection in 'warp speed' market, spur quadrupling of S&P 500 hedge cost

As fears of a drastic pullback intensified, it has gotten four times more expensive to hedge against more losses in the S&P 500 than before the coronavirus landed.

5 years ago

'There's so much unknown' — In small towns that host big events, timing is crucial for the recovery

For small businesses that rely on large gatherings of people, restrictions to slow the spread of the coronavirus could hurt key weeks for sales.

5 years ago

Jeff Ubben's ValueAct increases its bet on an unusual environmental play

Enviva manufacturers wood pellet plants in the southeastern part of the U.S. from tree farm scraps and pulp mill waste.

5 years ago

$600 unemployment benefits are 'life-saving' for this waiter: 'I'm right at the edge'

Lawmakers are sparring over enhanced unemployment benefits, scheduled to end after July absent intervention, which could be catastrophic for some recipients.

5 years ago

A closed highway and a 'mad dash' to e-commerce: Here's how one New Jersey Main St. is preparing to reopen

Here's how business owners and local officials in Somerville, New Jersey are preparing to reopen as the state's coronavirus restrictions ease.

5 years ago

Full benefits, $50,000 in starting pay and no degrees needed — here's why now might be the time to start trucking

New truckers can make $50,000 with full benefits after about seven weeks of training. Here's an inside look at the lives of people who drive for a living.

5 years ago

American Airlines sees 90% slump in second-quarter revenue

U.S. airline American Airlines Group Inc said on Friday it expects its second quarter revenue to decline 90% compared with a year earlier.



5 years ago

Tesla at $1,000: too much too soon for some analysts

Top Wall Street brokerages Goldman Sachs and Morgan Stanley downgraded their ratings on Tesla Inc saying the electric carmaker's shares were overpriced, two days after the high-flying stock crossed $1,000 per share.



5 years ago