Latest News on private equities market

Gap rushes in more robots to warehouses to solve virus disruption

Gap rushes in more robots to warehouses to solve virus disruption

U.S. apparel chain Gap Inc is speeding up its rollout of warehouse robots for assembling online orders so it can limit human contact during the coronavirus pandemic, the company told Reuters.



6 years ago
Futures retreat as trade tensions add to pandemic woes

Futures retreat as trade tensions add to pandemic woes

U.S. stock index futures fell on Thursday as growing trade tensions with China added to worries about the pace of a recovery from a coronavirus-fueled economic slump even with several countries easing lockdowns.



6 years ago
BlackRock says all director nominees elected, executive pay approved

BlackRock says all director nominees elected, executive pay approved

BlackRock Inc said on Thursday that all 16 of its director nominees were elected with favorable votes of about 94% at its annual meeting.



6 years ago
Traders Beware: U.S. taps new tools to find fraud in volatile commodities market

Traders Beware: U.S. taps new tools to find fraud in volatile commodities market

When the U.S. Department of Justice charged a handful of JP Morgan Chase & Co traders in 2018 and 2019 with alleged commodities futures manipulation, it wasn't the first time the government had probed the bank's metals trading activities.



6 years ago
Wall Street slips on rising U.S.-China tensions, recovery worries

Wall Street slips on rising U.S.-China tensions, recovery worries

Wall Street's main indexes eased on Thursday from more than two-month highs hit in the previous session, as growing Sino-U.S. tensions and concerns about a rebound from a coronavirus-led economic slump hit sentiment.



6 years ago
While U.S. economy slides, heartland auto dealers cry out for more trucks

While U.S. economy slides, heartland auto dealers cry out for more trucks

Jerry Bill is worried the novel coronavirus could hurt business at the Des Moines auto dealership he runs, but not because of a shortage of buyers for the big Ram pickups on his lot.



6 years ago
Could coronavirus help Amazon workers unionize?

Could coronavirus help Amazon workers unionize?

Warehouse employees last month staged a walkout in Michigan to demand safer working conditions at their facility. So did workers in New York, Illinois and Minnesota.



6 years ago
Macy's warns of up to $1 billion quarterly loss due to lockdowns

Macy's warns of up to $1 billion quarterly loss due to lockdowns

Macy's Inc said on Thursday it could rack up operating losses of up to $1.11 billion in the first quarter, as the retailer was forced to shut stores due to COVID-19 lockdowns.



6 years ago
Here's how to get Medicare coverage if you're 65 or older and lose your job

Here's how to get Medicare coverage if you're 65 or older and lose your job

For anyone in the 65-and-older crowd who is now unemployed and lost their workplace insurance (or had coverage through a now-unemployed spouse), it's time to make sure you have Medicare coverage.

6 years ago
U.S. weekly jobless claims grind lower but backlogs, layoffs linger

U.S. weekly jobless claims grind lower but backlogs, layoffs linger

Millions more Americans filed for unemployment benefits last week as backlogs in processing claims continue to be cleared and disruptions from the novel coronavirus unleash a second wave of layoffs, pointing to another month of staggering job losses in May.



6 years ago
Bill to delist Chinese stocks moving at 'warp speed' as a crackdown gains bipartisan support

Bill to delist Chinese stocks moving at 'warp speed' as a crackdown gains bipartisan support

A bill that could force Chinese companies to give up their listings on American exchanges is now moving at "warp speed," Raymond James says.

6 years ago
Southwest to limit seats sold on each flight through July -CEO

Southwest to limit seats sold on each flight through July -CEO

Southwest Airlines Co will continue to limit bookings on its flights through at least July to give passengers space between seats, CEO Gary Kelly told shareholders on Thursday, mirroring a plan by competitor Delta Air Lines Inc .



6 years ago
Best Buy revenue, profit beat estimates as online sales surge

Best Buy revenue, profit beat estimates as online sales surge

Best Buy Co Inc's quarterly revenue and profit topped analysts' estimates on Thursday due to a surge in online sales of electronics needed for consumers to work from home.



6 years ago
S&P 500 flat as investors weigh trade tensions; TJX surges

S&P 500 flat as investors weigh trade tensions; TJX surges

The S&P 500 index was largely unchanged on Thursday as growing U.S.-China trade tensions and concerns about a rebound from a coronavirus-led economic slump were offset by an upbeat outlook from retailer TJX.



6 years ago
Trump to visit Ford plant in battleground state Michigan amid tensions with governor

Trump to visit Ford plant in battleground state Michigan amid tensions with governor

U.S. President Donald Trump travels to the political swing state of Michigan on Thursday to visit a Ford plant amid tension with the state's Democratic governor and differences over the speed at which the country is reopening from its COVID-19 shutdown.



6 years ago