Latest News on private equities market

Fiat Chrysler plans to resume Panda production on June 16: union

Fiat Chrysler plans to resume Panda production on June 16: union

Fiat Chrysler (FCA) plans to resume production of its Panda small car at its plant in Pomigliano, near Naples in southern Italy, on June 16, a union representative said on Wednesday.



6 years ago
Possible Fed move to cap yield rise could further weaken U.S. dollar

Possible Fed move to cap yield rise could further weaken U.S. dollar

The U.S. dollar would probably come under further pressure if the Federal Reserve adopts targets for U.S. Treasury yields that would limit their rise and ensure that interest rates remain near zero for some time.



6 years ago
U.S. consumer prices fall for third straight month

U.S. consumer prices fall for third straight month

U.S. consumer prices fell for a third straight month in May as demand remained subdued amid a recession caused by the COVID-19 pandemic.



6 years ago
Delta Air expects to have $10 billion in cash, cash equivalents by end-2020

Delta Air expects to have $10 billion in cash, cash equivalents by end-2020

U.S. carrier Delta Air Lines said on Wednesday it expects to have $10 billion in cash, cash equivalents, short-term investments and borrowing capacity by year-end.



6 years ago
Fed shifts tone from repeated lockdown fears to jobs focus

Fed shifts tone from repeated lockdown fears to jobs focus

At Fed Chair Jerome Powell's policy meeting press conference six weeks ago he talked repeatedly about the possibility of second and third waves of the novel coronavirus in the months ahead and the havoc that could wreak on the U.S. economy.



6 years ago
Amazon unveils small business credit line with Goldman in latest tie-up between tech and Wall Street

Amazon unveils small business credit line with Goldman in latest tie-up between tech and Wall Street

The move is the first time Amazon has agreed to let an outside financial institution make underwriting decisions for the hundreds of thousands of businesses on its platform

6 years ago
Futures steady as investors await Fed's economic outlook

Futures steady as investors await Fed's economic outlook

The S&P 500 and Dow futures ticked lower on Wednesday as investors stayed on the sidelines ahead of the Federal Reserve meeting that could shed further light on the central bank's view of the economy as it emerges from lockdowns.



6 years ago
Carmakers must overhaul production plans to hit climate goals: report

Carmakers must overhaul production plans to hit climate goals: report

The world's 14 biggest carmakers are on course to miss globally agreed climate targets, a leading sustainable finance think tank said on Wednesday, urging investors to do more to pressure boards to change their production plans.



6 years ago
Not just financial health: Advisors guide clients through coronavirus crisis

Not just financial health: Advisors guide clients through coronavirus crisis

Record levels of unemployment. Terrifying market volatility. A pandemic that's infected more than 1.8 million Americans. Three financial advisors describe how they prepared themselves and their clients for the Covid-19 crisis

6 years ago
Dollar, stocks slip as Fed signals slow growth

Dollar, stocks slip as Fed signals slow growth

The dollar slid to a three-month low and a gauge of global stocks fell on Wednesday after the Federal Reserve projected a more sluggish recovery than the market expected, but the Nasdaq hit a fresh high on expectations of low interest rates past 2022.



6 years ago
Goldman Sachs employees to start returning to U.S. offices from June 22

Goldman Sachs employees to start returning to U.S. offices from June 22

Goldman Sachs Group Inc said on Wednesday it plans to start the return of an initial group of its employees to its offices in New York, Jersey City, Dallas and Salt Lake City from June 22.



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

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.



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

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.



6 years ago
U.S. attorney general group sues 26 dermatology drug makers

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.



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

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.

6 years ago