Latest News on private equities market

Delta Air Lines adding flights in June, July: CEO

Delta Air Lines Inc is likely to increase capacity this summer by adding more flights in June and July, its chief executive officer told Fox Business Network in an interview on Wednesday.



5 years ago

Futures jump as investors hold out for recovery

U.S. stock index futures climbed on Wednesday as investors clung to hopes of a recovery from a looming coronavirus-fuelled recession amid signs of more central bank and government stimulus for ailing sectors.



5 years ago

The UK just sold its first ever negative-yielding government bond

The U.K. borrowed at a negative interest rate for the first time on Wednesday, amid growing fears of a deep global recession and expectations of further bond buying action from central banks.

5 years ago

JetBlue, United Airlines take more steps to counter coronavirus spread

JetBlue Airways Corp and United Airlines Holdings Inc announced fresh safety measures on Wednesday aimed at restoring confidence in travel that has been crushed by the coronavirus pandemic.



5 years ago

German court ends diesel case against Volkswagen CEO, Chairman

A German court said on Wednesday it was ending proceedings against the chairman and chief executive of Volkswagen AG after the carmaker agreed to pay a fine of 9 million euros ($9.9 million) over the diesel emissions scandal.



5 years ago

Wall Street set to rise as investors hold out for recovery

Wall Street was set to open sharply higher on Wednesday as investors clung to hopes of a recovery from a coronavirus-fuelled slump amid signs of more stimulus for ailing sectors, while retailer Lowe's jumped on upbeat quarterly results.



5 years ago

U.S. Senator Rubio: Consensus seen to give companies more time for PPP loans

There appears to be agreement in Washington to give companies more time to utilize their coronavirus aid under the Paycheck Protection Program, the head of the U.S. Senate's small business committee said on Wednesday.



5 years ago

SoftBank-backed Ola follows Uber with job cuts as revenue sinks

SoftBank Group-backed Indian ride-hailing company Ola will cut 1,400 jobs, or about 35% of its workforce, as it navigates a strict coronavirus lockdown that has halted 95% of its business, company chief Bhavish Aggarwal told employees on Wednesday.



5 years ago

As America reopens, prepare for a flood of coronavirus workplace lawsuits

As businesses reopen, protecting customers and employees is critical for companies that fear a wave of potential Covid-19 legal liabilities.

5 years ago

Norwegian Air's lessors take majority ownership

Lessors including AerCap and BOC Aviation are now the biggest shareholders in Norwegian Air after the budget carrier completed a debt restructuring and secured a long-sought credit guarantee from Norway's government.



5 years ago

Harley plans to ship fewer models to U.S. dealer: WSJ

Harley-Davidson Inc is reopening its factories this week at lower production rates and sending dealers a narrower range of motorcycles, the Wall Street Journal reported on Wednesday.



5 years ago

Stocks gain as vaccine rally falters

Global stocks rose on Wednesday as investors regained hopes of recovery from a coronavirus-fuelled recession, while oil prices also strengthened.



5 years ago

Target's coronavirus-led online sales surge comes at heavy costs

Target Corp's quarterly online sales surged 141% due to panic buying in the coronavirus crisis, the retailer said on Wednesday, driving results past Wall Street expectations even as its operational costs soared.



5 years ago

Delta CEO: More summer flights seen as U.S. travel slowly rises

Delta Air Lines Inc is likely to increase capacity this summer by adding flights in June and July as U.S. domestic travel slowly picks up amid the novel coronavirus pandemic, its chief executive officer said on Wednesday.



5 years ago

Post-pandemic, remote learning could be here to stay

Going forward, schools will likely take a different approach to virtual learning and face-to-face instruction.

5 years ago