Latest News on private equities market

JPMorgan shareholders back bank's directors, executive pay at annual meeting

JPMorgan shareholders back bank's directors, executive pay at annual meeting

JPMorgan Chase & Co shareholders voted to reelect each of the bank's board members, with each director receiving at least 84% of the shares voted, according to initial tallies.



6 years ago
S&P 500 steady after mixed retail earnings

S&P 500 steady after mixed retail earnings

The S&P 500 was trading flat on Tuesday, handing back some gains from a strong rally in the previous session, as investors digested a mixed set of quarterly results from retailers including Home Depot and Walmart.



6 years ago
Microsoft to adapt its cloud software for healthcare industry

Microsoft to adapt its cloud software for healthcare industry

Microsoft Corp said on Tuesday it plans to roll out a version of its cloud-based software that will be modified to suit the needs of healthcare organizations.



6 years ago
Asda CEO expects resumption of stake sale talks when Walmart ready

Asda CEO expects resumption of stake sale talks when Walmart ready

Talks between Walmart and possible buyers of a majority stake in its British supermarket Asda will likely resume when the industry settles into a "new norm" with the worst of the coronavirus crisis behind it, the boss of Asda said on Tuesday.



6 years ago
Coronavirus hammers U.S. homebuilding; permits tumble

Coronavirus hammers U.S. homebuilding; permits tumble

U.S. homebuilding dropped by the most on record in April and permits for future construction tumbled, underlining fears that the coronavirus crisis would lead to the deepest economic contraction in the second quarter since the Great Depression.



6 years ago
Oil and European shares rise as lockdowns ease; gold jumps

Oil and European shares rise as lockdowns ease; gold jumps

European stock markets rose on Monday and oil prices climbed to their highest in as much as two months as a loosening of coronavirus shutdowns boosted market sentiment, even though the deadly outbreak has yet to be fully contained.



6 years ago
U.S. auto industry returns to life after lockdown

U.S. auto industry returns to life after lockdown

The Detroit Three automakers and their suppliers began restarting assembly lines on Monday after a two-month coronavirus lockdown in a slow revival of a sector that employs nearly 1 million people in the United States.



6 years ago
U.S. car rental firm Hertz names new CEO

U.S. car rental firm Hertz names new CEO

Hertz Global Holdings Inc on Monday appointed Paul Stone as its chief executive officer days after the U.S. car rental company raised going-concern doubts following a bigger quarterly loss.



6 years ago
Tax surprise awaits small businesses that can't deduct some expenses covered by PPP

Tax surprise awaits small businesses that can't deduct some expenses covered by PPP

Small businesses that participated in the Paycheck Protection Program won't be able to deduct expenses covered by this forgivable loan. The end result could be higher quarterly tax payments in July.

6 years ago
Wall Street jumps at the open on coronavirus vaccine hopes

Wall Street jumps at the open on coronavirus vaccine hopes

U.S. stock indexes shot up in early trade on Monday as encouraging data from a potential COVID-19 vaccine trial fueled optimism, while investors also counted on more stimulus to rescue the economy from a virus-driven slump.



6 years ago
Starbucks reopens in Italy but keeps Milan flagship closed

Starbucks reopens in Italy but keeps Milan flagship closed

Italians will be able to grab a cup of their favorite Starbucks coffee again after the group said on Monday it would reopen its Italian cafes, with the exception of its flagship location in central Milan.



6 years ago
Nissan's survival plan for Europe: SUVs and sharing with Renault

Nissan's survival plan for Europe: SUVs and sharing with Renault

Nissan Motor Co is working on a plan to scale back its European business, focusing on sport utility and commercial vehicles as well as more effective sharing of products and investments with partner Renault, three sources told Reuters.



6 years ago
Automated delivery cashes in on pandemic-driven demand

Automated delivery cashes in on pandemic-driven demand

The coronavirus crisis is accelerating a shift in the world of autonomous cars toward delivering packages instead of people, as big players open up a lead over startups in the race for funding.



6 years ago
Factbox: Investors pour billions into automated delivery startups

Factbox: Investors pour billions into automated delivery startups

Since September, investors have pumped at least $6 billion into more than two dozen startups that are automating delivery of goods and food, from heavy trucks to sidewalk robots and drones.



6 years ago
Op-Ed: You can be picky before accepting a job offer (yes, even in a pandemic)

Op-Ed: You can be picky before accepting a job offer (yes, even in a pandemic)

Companies are also using the Covid-10 crisis to pick up talented workers on the move. Some people may feel they can't afford to be picky about their next opportunity right now, given the economic uncertainty and their personal financial situation. However, for those who do have some flexibility or are being sought after, here are some considerations before accepting your new job offer.

6 years ago