Latest News on private equities market

24. Kabbage

24. Kabbage

Kabbage is an Atlanta-based company that provides automated small business loans through a suite of financial products, which aid various cash-flow issues.

6 years ago
Fed bolsters credit market support with latest launch

Fed bolsters credit market support with latest launch

The New York Federal Reserve's planned launch on Tuesday of a bond-buying facility could help ease the potential stigma for companies of asking for help and create an important framework for what the central bank steps in to purchase, analysts and investors said.



6 years ago
Fed's Powell set to reiterate long U.S. economic recovery, call for more fiscal support

Fed's Powell set to reiterate long U.S. economic recovery, call for more fiscal support

Federal Reserve Chair Jerome Powell on Tuesday begins the first of two days of testimony before U.S. lawmakers in which he will map out how the United States faces an uncertain, uneven and prolonged economic recovery from the novel coronavirus crisis that will likely require continued monetary and fiscal support.



6 years ago
Cerberus vows no let up in push for change at Commerzbank

Cerberus vows no let up in push for change at Commerzbank

Cerberus will use "alternative paths" to force leadership change at Commerzbank if it continues to resist calls to reform, the activist investor said in a letter to Germany's second-biggest bank seen by Reuters on Tuesday.



6 years ago
Volkswagen invests extra $200 million in U.S. battery company QuantumScape

Volkswagen invests extra $200 million in U.S. battery company QuantumScape

Volkswagen is increasing its stake in U.S. company QuantumScape by up to $200 million to boost the development of solid-state battery technology that aims to increase the ranges of electric cars and shorten charging times, the German carmaker said https://bit.ly/2BcvqPY on Tuesday.



6 years ago
Apple says disappointed with EU antitrust investigations

Apple says disappointed with EU antitrust investigations

Apple on Tuesday accused a few companies of filing groundless complaints and criticised EU antitrust regulators for listening to them and opening two investigations into its Apple Pay and App Store.



6 years ago
EU antitrust regulators to investigate Apple's App Store, Apple Pay

EU antitrust regulators to investigate Apple's App Store, Apple Pay

Apple on Tuesday found itself the target of two EU antitrust investigations into its App Store and Apple Pay as regulators said its terms and conditions and restrictions may violate the bloc's competition rules.



6 years ago
H&M says recovery uneven after March-May sales tumble 50%

H&M says recovery uneven after March-May sales tumble 50%

H&M , the world's second-biggest fashion retailer, on Monday reported a sharp but slightly smaller than expected drop in second-quarter sales as measures to slow the COVID-19 pandemic slammed the sector.



6 years ago
Exclusive: U.S. companies can work with Huawei on 5G standards - Commerce Department

Exclusive: U.S. companies can work with Huawei on 5G standards - Commerce Department

The United States on Monday confirmed a Reuters report that it will amend its prohibitions on U.S. companies doing business with China's Huawei [HWT.UL] to allow them to work together on setting standards for next-generation 5G networks.



6 years ago
Stocks rebound on Fed debt program, oil recovers

Stocks rebound on Fed debt program, oil recovers

A gauge of global equities rebounded on Monday after the Federal Reserve widened its program of buying corporate debt, while crude oil rebounded too on signs fuel demand is recovering and as investors grapple with how to assess the economic reopening.



6 years ago
Oil prices rise 2% on optimism around OPEC+ output pact

Oil prices rise 2% on optimism around OPEC+ output pact

Oil prices rose more than 2% on Monday as signs that fuel demand was recovering, while OPEC+ members were complying with a production cut deal, outweighed fears that new coronavirus infections could further slow the global economy.



6 years ago
Two former Pinterest policy employees say they faced racism at work

Two former Pinterest policy employees say they faced racism at work

Two former Pinterest employees who left the image-sharing company in late May publicly alleged in tweets on Monday that they had experienced racial discrimination in the workplace.



6 years ago
Lufthansa seeking cuts equivalent to 22,000 positions

Lufthansa seeking cuts equivalent to 22,000 positions

Lufthansa said on Monday it was seeking to strike agreements with worker representatives by June 22 on how to make cuts equivalent to 22,000 full-time positions.



6 years ago
Here's the advice that set up multi-generational wealth for this Black family

Here's the advice that set up multi-generational wealth for this Black family

Ivory Johnson, a certified financial planner, was asked how the issues of social justice interact with issues of economic justice. He discusses tax policies that favor wealthy people, skilled versus unskilled workers and the value of passing on skills.

6 years ago
U.S. companies can work with Huawei on 5G, other standards: Commerce Dept

U.S. companies can work with Huawei on 5G, other standards: Commerce Dept

The United States on Monday confirmed a Reuters report that it will amend its prohibitions on U.S. companies doing business with China's Huawei [HWT.UL] to allow them to work together on setting standards for next-generation 5G networks.



6 years ago