Latest News on private equities market

Wall Street ends down in late selloff; Facebook and China weigh

Wall Street ends down in late selloff; Facebook and China weigh

Wall Street ended lower on Thursday following a late-session reversal, with Facebook weighing on the market after President Donald Trump said he would sign an executive order related to social media companies and would hold a news conference on China on Friday.



6 years ago
LATAM's bankruptcy filing to delay its Brazil bailout to at least July: sources

LATAM's bankruptcy filing to delay its Brazil bailout to at least July: sources

LATAM Airlines Group's U.S. bankruptcy filing this week will delay its potential bailout in Brazil to at least July and also push back aid to its rivals at least through the end of June, two sources said on Thursday.



6 years ago
Italy's credit agency SACE approves state guarantees for FCA $7 billion bank loan: source

Italy's credit agency SACE approves state guarantees for FCA $7 billion bank loan: source

The board of Italy's export credit agency SACE has approved state guarantees covering 80% of a 6.3 billion euro ($7 billion) bank loan for Fiat Chrysler , a source close to the matter said on Thursday.



6 years ago
Dell beats revenue estimates as remote working lifts workstation demand

Dell beats revenue estimates as remote working lifts workstation demand

Dell Technologies Inc beat analysts' estimates for quarterly revenue on Thursday, boosted by demand for its workstations from companies moving more employees to work from home due to the coronavirus outbreak.



6 years ago
Costco beats revenue estimates as consumer stockpile essentials

Costco beats revenue estimates as consumer stockpile essentials

Warehouse club operator Costco Wholesale Corp beat quarterly revenue estimates on Thursday, as people stocked up on essentials before hunkering down in their homes to contain the spread of the coronavirus.



6 years ago
S&P 500 holds steady at near 3-month high

S&P 500 holds steady at near 3-month high

U.S. stocks were largely flat on Thursday, with the S&P 500 holding at near three-month highs as investors paused after a three-day rally, weighing hopes of a swift economic recovery against underlying tensions between United States and China.



6 years ago
If Trump kicks out Twitter, there's always Germany

If Trump kicks out Twitter, there's always Germany

If U.S. President Donald Trump goes ahead with his threat to close Twitter, the micro-blogging site can always relocate to Germany.



6 years ago
Citigroup looks to reopen NY headquarters to some staff in July: Bloomberg News

Citigroup looks to reopen NY headquarters to some staff in July: Bloomberg News

Citigroup Inc looks to reopen its New York headquarters to a small number of employees as soon as July, with workers returning to London offices even earlier, Chief Executive Officer Michael Corbat told Bloomberg News in an interview.



6 years ago
U.S. weekly jobless claims still elevated; core capital goods orders fall

U.S. weekly jobless claims still elevated; core capital goods orders fall

The number of Americans filing for unemployment benefits held above 2 million last week for a 10th straight week amid job cuts by U.S. state and local governments whose budgets have been decimated fighting the COVID-19 pandemic and more second-wave layoffs in the private sector.



6 years ago
Nissan plans big cuts to go small after first loss in 11 years

Nissan plans big cuts to go small after first loss in 11 years

Nissan Motor Co outlined a new plan on Thursday to become a smaller, more efficient carmaker after the coronavirus pandemic exacerbated a slide in profitability that culminated in its first annual loss in 11 years.



6 years ago
Exclusive: U.S. taxpayers' virus relief went to firms that avoided U.S. tax

Exclusive: U.S. taxpayers' virus relief went to firms that avoided U.S. tax

Last month Zagg Inc, a Utah-based company that makes mobile device accessories, received more than $9.4 million in cash from a U.S. government program that has provided emergency loans to millions of businesses hit by the coronavirus.



6 years ago
Coronavirus unleashing new wave of U.S. layoffs

Coronavirus unleashing new wave of U.S. layoffs

The number of Americans filing for unemployment benefits held above 2 million last week for a 10th straight week amid job cuts by U.S. state and local governments whose budgets have been decimated fighting the COVID-19 pandemic and more second-wave layoffs in the private sector.



6 years ago
Trump executive order takes aim at social media firms: draft

Trump executive order takes aim at social media firms: draft

U.S. President Donald Trump is expected to order a review of a law that has long protected Twitter, Facebook and Alphabet's Google from being responsible for the material posted by their users, according to a draft executive order and a source familiar with the situation.



6 years ago
Despite rally, 2020 to be worst year for stocks in nearly a decade: Reuters poll

Despite rally, 2020 to be worst year for stocks in nearly a decade: Reuters poll

This year will be the worst for many world stock markets in nearly a decade at least, although a majority of equity strategists polled by Reuters say top indexes will not revisit lows struck this March following an explosive rally since then.



6 years ago
Debt balances rise as the debate over extending student loan forgiveness continues in Congress

Debt balances rise as the debate over extending student loan forgiveness continues in Congress

As the debate over extending student loan forgiveness continues in Congress, this year's crop of high school graduates are taking on more college debt.

6 years ago