Latest News on private equities market

Renault to discontinue iconic models as carmaker cuts costs: sources

Renault to discontinue iconic models as carmaker cuts costs: sources

Renault is preparing to substantially trim down its vehicle range, withdrawing well-known but ailing models like the Espace minivans, as part of looming cost cutting plans, four sources in the industry and close to the French carmaker said.



6 years ago
Nvidia turns to driver-assistance market as robo-taxis stall

Nvidia turns to driver-assistance market as robo-taxis stall

Nvidia Corp, whose semiconductors power data centers, autonomous cars and robots, said on Thursday it plans to enter the market for technology that helps cars with automated lane-keeping, cruise control and other driver-assistance features.



6 years ago
Here's how you can make money during the coronavirus pandemic

Here's how you can make money during the coronavirus pandemic

It may be time to get creative when it comes to making money, whether it is with a part-time job or striking out on your own.

6 years ago
U.S. SEC charges two companies over misleading COVID-19 claims: statement

U.S. SEC charges two companies over misleading COVID-19 claims: statement

The U.S. Securities and Exchange Commission said on Thursday it has charged two companies for allegedly providing misleading claims related to COVID-19, the disease caused by the novel coronavirus, after previously suspending trading of both.



6 years ago
Delta to retire Boeing 777 aircraft fleet to rein in costs

Delta to retire Boeing 777 aircraft fleet to rein in costs

Delta Air Lines said on Thursday it would no longer fly Boeing Co's wide-body 777 aircraft and some of the other older high-maintenance jets, as the U.S. carrier looks to cut costs amid a steep fall in bookings due to travel restrictions around the world.



6 years ago
Wall Street opens lower on economic concerns, trade war fears

Wall Street opens lower on economic concerns, trade war fears

U.S. stocks opened lower on Thursday as investors grappled with the possibility of prolonged economic weakness due to the coronavirus outbreak, while the threat of a renewed Sino-U.S. trade war also added pressure.



6 years ago
Trump rips into China over coronavirus, 'very disappointed'

Trump rips into China over coronavirus, 'very disappointed'

U.S. President Donald Trump on Thursday said he was very disappointed in China over its failure to contain the novel coronavirus, saying the worldwide pandemic cast a pall over his U.S.-China trade deal.



6 years ago
Taiwan's TSMC announces plan to build $12 billion U.S. factory

Taiwan's TSMC announces plan to build $12 billion U.S. factory

Taiwan Semiconductor Manufacturing Co Ltd, the world's biggest contract manufacturer of computer chips, on Friday announced plans to build an approximately $12 billion advanced chip factory in Arizona.



6 years ago
Op-ed: How to sell your business and retire during the coronavirus pandemic

Op-ed: How to sell your business and retire during the coronavirus pandemic

The average small business owner in America is 60 years old, and many are considering selling out because they don't want to put their time, energy or resources into rebuilding during this recession.

6 years ago
So your financial advisor took a PPP loan. Here's what that means for you

So your financial advisor took a PPP loan. Here's what that means for you

Many independent financial advisory shops are also small businesses with a payroll. That means they're eligible to apply for the Paycheck Protection Program. Here's what you should know.

6 years ago
How Tesla tapped a tiny Canadian lab for battery breakthroughs

How Tesla tapped a tiny Canadian lab for battery breakthroughs

Tesla Inc is a leader in electric vehicle battery technology, but the company doesn't do all its own research.



6 years ago
U.S. weekly jobless benefits to stay elevated as coronavirus layoffs widen

U.S. weekly jobless benefits to stay elevated as coronavirus layoffs widen

The global novel coronavirus crisis continues to batter the U.S. labor market, with millions more Americans, including white collar workers, expected to have filed for unemployment benefits last week as the hit from the pandemic spills over into a broader swath of the economy.



6 years ago
Temperature checks, masks the new normal for air travel, says Dubai airport CEO

Temperature checks, masks the new normal for air travel, says Dubai airport CEO

Temperature screening and face masks will become common sights at airports to mitigate the spread of the new coronavirus but physical distancing could make flying more expensive, the head of Dubai airport said. 



6 years ago
Taiwan's TSMC announces $12 billion U.S. chip factory

Taiwan's TSMC announces $12 billion U.S. chip factory

Taiwan Semiconductor Manufacturing Co Ltd, a major supplier to Apple Inc, announced on Friday it will build a $12 billion chip factory in Arizona, in what the company called a "strong partnership" with the U.S. government.



6 years ago
U.S. regulator is reviewing Abbott's fast COVID test after studies raise accuracy concerns

U.S. regulator is reviewing Abbott's fast COVID test after studies raise accuracy concerns

The U.S. Food and Drug Administration said on Thursday that Abbott Laboratories’ speedy coronavirus test, which can deliver results within minutes and is used at the White House, could potentially be inaccurate but can still be used to test patients.



6 years ago