Latest News on private equities market

Proxy adviser ISS opposes re-election of Tesla chairwoman

Proxy adviser ISS opposes re-election of Tesla chairwoman

Proxy adviser Institutional Shareholder Services Inc (ISS) on Monday urged Tesla Inc shareholders to vote against the re-election of chairwoman Robyn Denholm at the electric carmaker's annual meeting next month.



6 years ago
Honeywell launches new business unit to capture drone market

Honeywell launches new business unit to capture drone market

Honeywell International Inc, a major supplier of aerospace products, said Monday it launched an unmanned aerial systems business to bet on the autonomous aviation space – drones, air taxis, and unmanned cargo delivery vehicles.



6 years ago
GM CEO optimistic on U.S. demand, China, EV profitability

GM CEO optimistic on U.S. demand, China, EV profitability

General Motors Co's top executive struck an optimistic note on Monday about U.S. new vehicle demand despite the coronavirus pandemic, and the ability to sell electric vehicles at a profit, especially in China.



6 years ago
Intesa, BPER revise terms to try to clear antitrust hurdles to UBI deal

Intesa, BPER revise terms to try to clear antitrust hurdles to UBI deal

Italy's Intesa Sanpaolo has agreed to sell more branches and assets to rival BPER to try to overcome antitrust objections to its proposed takeover of UBI Banca .



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
U.S. mattress business springs back from pandemic shutdown

U.S. mattress business springs back from pandemic shutdown

The U.S. mattress business has bounced back after months of shutdowns from the coronavirus pandemic kept customers away.



6 years ago
Delta to resume passenger flights to China next week

Delta to resume passenger flights to China next week

Delta Air Lines said on Monday it would resume passenger flights to Shanghai from Seattle, via Seoul, next week following Chinese government approval for U.S. carriers to fly there, with once weekly flights from Seattle and Detroit beginning in July.



6 years ago
Federal disaster loan program applications no longer limited to agricultural businesses

Federal disaster loan program applications no longer limited to agricultural businesses

The Small Business Administration is reopening its Economic Injury Disaster Loan and EIDL advance grant portal to a broader array of eligible small businesses and nonprofits affected by the coronavirus pandemic, beginning Monday.

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
GE picks Embraer planemaking chief to run aviation unit

GE picks Embraer planemaking chief to run aviation unit

General Electric Co on Monday tapped the planemaking head of Brazil's Embraer to run its key aircraft engines division on Monday, as the global aviation industry grapples with disruption caused by the COVID-19 pandemic.



6 years ago
Embraer to receive $600 million loan, partly backed by government, due to coronavirus

Embraer to receive $600 million loan, partly backed by government, due to coronavirus

Planemaker Embraer said on Monday it will receive a $600 million loan, financed partly by Brazil's government, to help the company weather the coronavirus crisis that has ravaged the air travel industry.



6 years ago
Apple-backed study sheds light on physical sales through App Store

Apple-backed study sheds light on physical sales through App Store

Apple Inc on Monday released the results of a study that found its App Store spurred $458 billion in sales last year from categories such as retail of physical goods, ride-hailing and advertising from which the iPhone maker takes no commission.



6 years ago
Goldman Sachs increases COVID-19 federal aid commitment by $250 million

Goldman Sachs increases COVID-19 federal aid commitment by $250 million

Goldman Sachs Group Inc on Monday pledged an additional $250 million to fund the federal aid program to help businesses hurt by the COVID-19 pandemic.



6 years ago
Trump vs. Biden: Americans split on who's better for their wallets, survey finds

Trump vs. Biden: Americans split on who's better for their wallets, survey finds

If voters had to choose the next president based solely on personal finances, it could be a very close race. Many Americans are still hurting from the last recession and many don't expect their money situations to improve by November.

6 years ago
JPMorgan is bringing more traders back to New York headquarters starting next week

JPMorgan is bringing more traders back to New York headquarters starting next week

Wall Street is on the cusp of reopening its trading floors amid what has been a historic run in markets.

6 years ago