Latest News on private equities market

Miguel McKelvey, co-founder of WeWork with Adam Neumann, to leave company

Miguel McKelvey, co-founder of WeWork with Adam Neumann, to leave company

WeWork's Miguel McKelvey, who co-founded the troubled office-sharing start-up with Adam Neumann, will leave the company at the end of June.



6 years ago
Canada posts surprise jobs gain in May and June could be even better

Canada posts surprise jobs gain in May and June could be even better

Canada unexpectedly added almost 290,000 jobs in May as some provinces loosened COVID-19 restrictions on businesses, data showed on Friday, and there could be an even bigger improvement in June.



6 years ago
Good news for small businesses as Trump signs PPP reform bill into law

Good news for small businesses as Trump signs PPP reform bill into law

The Paycheck Protection Program Flexibility Act, which President Trump signed into law on Friday, eases loan forgiveness rules for small-business owners.

6 years ago
Exclusive: Buyout firm Sycamore Partners in talks to buy J.C. Penney - sources

Exclusive: Buyout firm Sycamore Partners in talks to buy J.C. Penney - sources

Private equity firm Sycamore Partners is in preliminary talks to acquire J.C. Penney Co Inc out of bankruptcy should the U.S. department store chain's negotiations with its creditors fail, three people familiar with the matter said on Friday.



6 years ago
A 401(k) loan vs. withdrawal: How your account balance may fare down the road

A 401(k) loan vs. withdrawal: How your account balance may fare down the road

Depending on which route you choose, as well as other factors such as your age and whether you continue contributing to your account, your long-term savings potential could take a hit that reaches into six-figure territory.

6 years ago
Donald Trump says Warren Buffett makes a mistake selling airline stocks

Donald Trump says Warren Buffett makes a mistake selling airline stocks

U.S. President Donald Trump on Friday said Warren Buffett, often regarded as the world's greatest investor, made a mistake by recently exiting a multi-billion dollar investment in the airline industry.



6 years ago
Row over undelivered jets as Airbus threatens to sue airlines

Row over undelivered jets as Airbus threatens to sue airlines

A stand-off over undelivered passenger jets is intensifying after Airbus signalled it would sue airlines refusing to honour contracts in the face of the coronavirus crisis.



6 years ago
Oil edges higher as traders eye producer talks on extending supply cuts

Oil edges higher as traders eye producer talks on extending supply cuts

Oil prices nudged higher on Friday as traders await cues from a meeting that could take place as soon as this weekend where major oil producers will discuss whether to extend record production cuts.



6 years ago
LVMH backs down on renegotiating Tiffany deal, sources say

LVMH backs down on renegotiating Tiffany deal, sources say

French luxury goods giant is not asking to renegotiate its $16.2-billion acquisition of U.S. jewelry chain Tiffany & Co after deliberating whether to do so, people familiar with the matter said on Friday.



6 years ago
Appraising a Startup’s Market Potential

Appraising a Startup’s Market Potential

Before you invest in a startup, consider whether it has sufficient market potential and room for growth. Continue reading

6 years ago
The Trump administration wants to give workers a payroll tax cut. Experts question whether it could work

The Trump administration wants to give workers a payroll tax cut. Experts question whether it could work

As the U.S. economy slowly starts again, lawmakers are considering various ideas to stimulate growth. President Donald Trump has said he wants a payroll tax cut. But experts aren't so sure that would help the people who need it most. Plus, it would be costly for Social Security.

6 years ago
BA owner considers legal challenge to UK quarantine as relations fray

BA owner considers legal challenge to UK quarantine as relations fray

The owner of British Airways is considering a legal challenge to Britain's quarantine plan, as relations between airlines and the government are frayed by steps to curb the coronavirus pandemic.



6 years ago
Suntory CEO says 20% of restaurants may fail as coronavirus slams Japan's dining scene

Suntory CEO says 20% of restaurants may fail as coronavirus slams Japan's dining scene

Takeshi Niinami, the head of Japanese drinks and food group Suntory Holdings and a government adviser, predicted on Friday that more than 20% of bars and restaurants could fail due to the coronavirus pandemic.



6 years ago
Pence says jobs report indicative of U.S. economy beginning to recover

Pence says jobs report indicative of U.S. economy beginning to recover

U.S. Vice President Mike Pence said the jobs report released on Friday was a sign the U.S. economy was beginning to recover from the deep hit caused by the novel coronavirus outbreak, but said President Donald Trump is still in favor of a payroll tax cut.



6 years ago
LVMH backs down on renegotiating Tiffany deal: sources

LVMH backs down on renegotiating Tiffany deal: sources

French luxury goods giant is not seeking to renegotiate its $16.2 billion acquisition of U.S. jewelry chain Tiffany & Co after deliberating whether to do so, people familiar with the matter said on Friday.



6 years ago