Latest News on private equities market

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.

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.

The U.S. Federal Reserve warned Friday that the financial sector faces "significant" vulnerabilities due to the coronavirus pandemic, as businesses and households grapple with fragile finances for the foreseeable future.

Amazon.com Inc said on Friday it would make an "appropriate" executive available to the U.S. House of Representatives Judiciary Committee to testify about allegations related to how the company uses third-party sellers' data.

Investors are bracing for more turbulence in U.S. stocks, as some states prepare to reopen their economies and global trade tensions rise.

J.C. Penney Co Inc said on Saturday a U.S. Bankruptcy Court will allow it to keep paying wages and benefits to workers who will remain on the job after the U.S. department store chain filed for Chapter 11 protection from creditors, and also to pay vendors for goods delivered to its stores.

Amazon.com Inc said on Friday it would make the "appropriate" executive available to the U.S. House of Representatives Judiciary Committee to testify about allegations related to how the company uses third-party sellers' data.

The U.S. Justice Department has sent grand jury subpoenas to big banks seeking records as part of a broader investigation into potential abuse of a $660 billion emergency loan program to help small businesses hurt by the novel coronavirus, two people with knowledge of the matter told Reuters.

Taiwan Semiconductor Manufacturing Co Ltd, which unveiled a $12 billion investment plan in Arizona on Friday, has not been given any assurances that it will be granted a license to allow it to sell U.S. technology to China's Huawei, a senior U.S. official said.

Virgin Atlantic will not be able to resume passenger flights until August at the earliest if Britain introduces a 14-day quarantine for travellers, according to a source at the airline.

The U.S.-China trade deal reached in January is absolutely not falling apart and the two countries are still working on trade, White House adviser Larry Kudlow said on Friday.

U.S. retail sales endured a second straight month of record declines in April as the novel coronavirus pandemic kept Americans at home, putting the economy on track for its biggest contraction in the second quarter since the Great Depression.

A slump in technology stocks knocked Wall Street's main indexes lower on Friday, as signs of deteriorating trade relations between the United States and China added to economic worries due to the novel coronavirus pandemic.

As the country starts to reopen its economy amid the coronavirus pandemic, many Americans are still trying to figure out the path forward.

U.S. stocks futures extended declines slightly on Friday after data showed retail sales plunged much more than expected in April, underscoring the deep economic slump caused by the coronavirus pandemic.