Latest News on private equities market

Richard Branson's Virgin Orbit to attempt its first rocket launch from a 747 aircraft this weekend

Richard Branson's Virgin Orbit to attempt its first rocket launch from a 747 aircraft this weekend

Sir Richard Branson's Virgin Orbit is set to conduct its first orbital rocket launch on Saturday.

6 years ago
Here are job-hunting strategies for those in mid-career and out of work

Here are job-hunting strategies for those in mid-career and out of work

Looking for a job is tough, and those in their 30s and 40s have their own unique set of obstacles.

6 years ago
Lockheed's F-35 production could slow by 24 jets as COVID-19 hits suppliers

Lockheed's F-35 production could slow by 24 jets as COVID-19 hits suppliers

Lockheed Martin said on Tuesday it will slow production of its stealthy F-35 fighter jets at its Texas facility, possibly delaying delivery of between 18 and 24 jets due to a parts shortage as the coronavirus hampers production across the jet's vast supply chain.



6 years ago
AT&T shuts Venezuela subscription TV unit, citing U.S. sanctions

AT&T shuts Venezuela subscription TV unit, citing U.S. sanctions

AT&T Inc said on Tuesday it was shutting its DirecTV subscription access to Venezuela due to U.S. sanctions, cutting off a key source of entertainment for millions of people stuck in their homes under a strict coronavirus quarantine.



6 years ago
Airlines say ticket cancellations slowing; business models may change

Airlines say ticket cancellations slowing; business models may change

Top U.S. airlines and Air Canada on Tuesday reported slower ticket cancellations and an improvement in bookings on some routes, though executives said overall demand remained weak and changes to travel rules may force new business models.



6 years ago
U.S. crude strengthens as certain stimulus measures to continue

U.S. crude strengthens as certain stimulus measures to continue

U.S. crude ended slightly higher on Tuesday, as U.S. Treasury Secretary Steven Mnuchin said he supported extending certain measures intended to bolster the economy, while Brent ended lower on concerns that output cuts might not be sufficient.



6 years ago
Trump wants payroll tax holiday to mitigate coronavirus economic pain: Kudlow

Trump wants payroll tax holiday to mitigate coronavirus economic pain: Kudlow

White House economic adviser Larry Kudlow said on Tuesday that President Donald Trump wants a payroll tax holiday for U.S. workers in the hopes of staunching economic pain caused by the coronavirus pandemic.



6 years ago
Urban Outfitters predicts 60% fall in same-store sales on slow recovery

Urban Outfitters predicts 60% fall in same-store sales on slow recovery

Apparel retailer Urban Outfitters Inc on Tuesday projected a 60% decline in same-store sales in the second quarter due to tepid demand recovery from the COVID-19 pandemic disruptions, sending its shares down 6% in extended trading.



6 years ago
Trump floats halt to U.S. cattle imports as pandemic hurts ranchers

Trump floats halt to U.S. cattle imports as pandemic hurts ranchers

President Donald Trump said on Tuesday the United States should consider terminating trade deals under which it imports cattle as the federal government moves to help farmers hard hit by the coronavirus outbreak.



6 years ago
Elderly home turns to wearables for contact tracing, sidestepping Apple-Google limits

Elderly home turns to wearables for contact tracing, sidestepping Apple-Google limits

When a senior living facility in Amarillo, Texas suspected a nurse may have caught the novel coronavirus this month, it had a list within five minutes of staff and residents the nurse could have infected.



6 years ago
Visa extends work-from-home for majority of employees through 2020

Visa extends work-from-home for majority of employees through 2020

Visa Inc will allow a majority of its workforce to work from home through 2020, according to Chief Executive Officer Alfred Kelly Jr., mirroring similar moves from other fintech companies earlier in the week.



6 years ago
S&P stumbles as Moderna sinks on report questioning trial results

S&P stumbles as Moderna sinks on report questioning trial results

The S&P 500 closed lower on Tuesday, as investors focused on a report questioning Moderna's recent coronavirus vaccine early-stage trial results, wiping out modest gains on the benchmark index in the last hour of trading.



6 years ago
Spotify new home for Joe Rogan's podcast, shares jump

Spotify new home for Joe Rogan's podcast, shares jump

Spotify Technology SA said on Tuesday comedian Joe Rogan's podcast will be available on the music streaming platform starting Sept. 1 and will become an exclusive later this year, sending shares 8% higher.



6 years ago
Trump administration signs up new company to make COVID-19 drugs in U.S.

Trump administration signs up new company to make COVID-19 drugs in U.S.

U.S. President Donald Trump's administration awarded a contract worth up to $812 million for a new U.S. company to manufacture drugs and drug ingredients to fight COVID-19 on American soil, aiming to end dependence on other countries.



6 years ago
Early data on Moderna's COVID-19 vaccine insufficient: Stat News

Early data on Moderna's COVID-19 vaccine insufficient: Stat News

Data from a small, early-stage safety trial testing Moderna Inc's experimental COVID-19 vaccine does not provide critical data to assess its effectiveness, Stat News reported on Tuesday, citing experts.



6 years ago