Latest News on private equities market

Fed's Powell says full economic recovery may require coronavirus vaccine: CBS

Fed's Powell says full economic recovery may require coronavirus vaccine: CBS

Federal Reserve Chairman Jerome Powell said a U.S. economic recovery may stretch deep into next year and a full comeback may depend on a coronavirus vaccine.



6 years ago
Senator Klobuchar says Uber, Grubhub combination would be anticompetitive

Senator Klobuchar says Uber, Grubhub combination would be anticompetitive

U.S. Senator Amy Klobuchar on Sunday blasted merger talks between ride-hailing firm Uber Technologies Inc and online food delivery company Grubhub Inc , calling any deal bad for competition and consumers.



6 years ago
Italian PM Conte says Fiat Chrysler entitled to seek state-backed loan

Italian PM Conte says Fiat Chrysler entitled to seek state-backed loan

Italian Prime Minister Giuseppe Conte said on Saturday that Fiat Chrysler Automobiles NV (FCA) was entitled to apply for Italy's state guarantees on loans as the automaker employed thousands of people in the country, even though its legal base is located abroad.



6 years ago
Fiat Chrysler asked Rome for a three-year state-backed loan for its Italian operations: union

Fiat Chrysler asked Rome for a three-year state-backed loan for its Italian operations: union

Fiat Chrysler (FCA) has asked the Italian government for a state-backed three-year loan, to help the automaker pay suppliers and continue its investment plan in the country, UILM union said on Saturday.



6 years ago
Canada's Trudeau to look at possible further aid for airlines, after Air Canada layoffs

Canada's Trudeau to look at possible further aid for airlines, after Air Canada layoffs

Canadian Prime Minister Justin Trudeau said on Saturday he would look at possible ways to help airlines further, but laid out no new measures after the country’s biggest airline announced mass layoffs due to the coronavirus pandemic.



6 years ago
'Sleepaway camps have the potential to create a protective bubble,' says former FDA Commissioner Scott Gottlieb

'Sleepaway camps have the potential to create a protective bubble,' says former FDA Commissioner Scott Gottlieb

On Thursday the CDC released its guidelines for camps, saying they should not reopen unless they are able to implement coronavirus screening protocols. Some mental health professionals say children need to reconnect and gain back a sense of normalcy.

6 years ago
Pivot to making plexiglass 'sneeze guards' for retailers saves a small business in Michigan

Pivot to making plexiglass 'sneeze guards' for retailers saves a small business in Michigan

Out of a desire to get back to work, pliexiglass company i.M. Branded became essential, adding the capability to cut and design plexiglass "sneeze guards" and social distancing signage.

6 years ago
For millions of Americans, the coronavirus pandemic will make retiring harder

For millions of Americans, the coronavirus pandemic will make retiring harder

The Great Recession made it harder for millions of Americans to retire. Why this labor economist says the coronavirus pandemic will be even worse.

6 years ago
Many Americans are unaware of the coronavirus-related financial assistance that's available to them

Many Americans are unaware of the coronavirus-related financial assistance that's available to them

Almost everyone knows about stimulus checks, but other forms of assistance exist to help you with coronavirus-related finances.

6 years ago
Coronavirus nearly took this young Bronx man's life, now the shutdown threatens his livelihood

Coronavirus nearly took this young Bronx man's life, now the shutdown threatens his livelihood

People in the Bronx are fighting for their lives and their livelihoods as businesses deemed nonessential continue to struggle during coronavirus lockdown.

6 years ago
Saudi wealth fund boosts U.S. holdings with stakes in Citi, Boeing, Facebook

Saudi wealth fund boosts U.S. holdings with stakes in Citi, Boeing, Facebook

Saudi Arabia's sovereign wealth fund has bought minority stakes in major American companies including Boeing , Facebook and Citigroup , a regulatory filing showed, giving it a portfolio of nearly $10 billion in U.S.-listed stocks.



6 years ago
British grocer Tesco's slavery review reports abuses in Malaysia

British grocer Tesco's slavery review reports abuses in Malaysia

U.K.-based multinational groceries chain Tesco PLC has found abuses against migrant workers at its stores and distribution centres in Malaysia and Thailand, it said in its annual modern slavery statement.



6 years ago
China asks United States to stop 'unreasonable suppression' of Huawei

China asks United States to stop 'unreasonable suppression' of Huawei

China's foreign ministry said on Saturday the United States needed to stop the "unreasonable suppression" of Chinese companies like Huawei.



6 years ago
Saudi sovereign fund buys minority stakes in Citi, Boeing, Facebook

Saudi sovereign fund buys minority stakes in Citi, Boeing, Facebook

Saudi Arabia's sovereign wealth fund has bought minority stakes in major American companies including Boeing , Facebook and Citigroup , according to a U.S. regulatory filing.



6 years ago
Saudi sovereign fund discloses stakes in Citi, Boeing, Facebook

Saudi sovereign fund discloses stakes in Citi, Boeing, Facebook

Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), has purchased minority stakes in major U.S. companies including Boeing , Facebook and Citigroup , according to a U.S. regulatory filing.



6 years ago