Latest News on private equities market

General Electric Co on Thursday warned 2020 free cash flow would be negative as it struggles with weakness in its aviation and power units due to the coronavirus outbreak.

Global travel disruptions are the top concern for American businesses in China, of which many are cutting compensation and bonuses amid the fallout of the COVID-19 epidemic, according to a report from a business group.

SoftBank Vision Fund's head, Rajeev Misra, saw his total pay for the past business year more than double to roughly $15 million, even as the fund's underperformance pushed SoftBank to a record operating loss of some $13 billion.

Morgan Stanley has not been given an advisory role on the potential sale of a stake in Saudi Aramco's pipeline business, a deal worth over $10 billion, two sources told Reuters.

Equity markets climbed on Thursday as more businesses returned to work and as a 750-billion-euro stimulus plan in Europe lifted regional stock indices and the euro, but gold rebounded on deteriorating U.S.-China relations.

Southwest Airlines Co said on Thursday it was adding new routes with more frequencies and nonstop flights from Phoenix, Denver, Las Vegas and Nashville.

Spain will do everything it can to get Nissan to reverse its decision to close its Barcelona plant, Foreign Minister Arancha Gonzalez Laya said on Thursday.

U.S. buyout group KKR is preparing to inject funds into Swiss vending machine company Selecta, which is saddled with debts and faces a loss of business due to the coronavirus crisis, four sources close to the matter said.

Expanded unemployment benefits offered through the Pandemic Unemployment Assistance program are reaching nearly 8 million Americans, about 25% of all recipients.

Upscale department store chain Nordstrom Inc on Thursday reported a nearly 40% slump in quarterly sales, as lockdowns to contain the COVID-19 pandemic forced it to shut stores.

President Donald Trump said he will introduce legislation that may scrap or weaken a law that has long protected internet companies, including Twitter and Facebook, an extraordinary attempt to intervene in the media that experts said was unlikely to survive legal scrutiny.

Salesforce.com Inc cut its annual revenue forecast on Thursday, citing the impact of the COVID-19 pandemic.

U.S. President Donald Trump said on Thursday that he is directing Attorney General William Barr to work with states to enforce their own laws against what he described as deceptive business practices by social media companies.

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.

United Parcel Service Inc on May 31 will slap surcharges on U.S. e-commerce companies that have flooded its delivery network with shipments of everything from packaged food to patio furniture since the coronavirus took hold in March.