Latest News on private equities market

News Corp Executive Chairman Rupert Murdoch will forgo his cash bonus for the current fiscal year due to the impact of COVID-19 pandemic on business, the company said on Thursday.

Payments giant Fiserv Inc said Thursday that Frank Bisignano would become the company's chief executive on July 1, with long-time head Jeffery Yabuki remaining on as executive chairman until the end of the year.

Private equity firm KKR & Co Inc reported an 11% jump in after-tax distributable earnings in the first quarter on Wednesday, driven by growth in asset sales and management fees ahead of the coronavirus-linked market turmoil.

CVS Health Corp on Wednesday posted first-quarter profit above Wall Street estimates, as its pharmacy benefits management business and its drugstores benefited from customers stockpiling medicines due to COVID-19 lockdowns.

States enduring the brunt of the Covid-19 crisis are receiving a smaller proportion of emergency small-business loans, a Fed study found.

From a drop in income to the inability to pay bills, young adults are facing obstacles they weren't necessarily expecting.

U.S. private employers laid off a record 20.236 million workers in April as mandatory business closures in response to the novel coronavirus outbreak savaged the economy, setting up the overall labor market for historic job losses last month.

United Airlines Holdings Inc said on Wednesday it plans to raise $2.25 billion through a bond offering amid a coronavirus-linked slump in air travel demand, and backtracked on a controversial plan to cut working hours for thousands of employees.

Barrick Gold Corp posted a nearly 55% rise in quarterly profit on Wednesday as gold prices surged, bolstering its ability to snap up mines including in copper, its chief executive said.

PYMTS | May 6, 2020 The appeal of contactless payments has skyrocketed since the pandemic hit across the globe. Payment network giants such as Visa and Mastercard said in their most recent earnings reports that contactless payments, especially in face-to-face transactions, surged by double digits year over year. Yet mobile wallet usage has been stuck in

Wall Street's main indexes rose on Wednesday on hopes of a pickup in business activity as states eased coronavirus-induced curbs, with investors also looking past a stunning 20 million plunge in U.S. private payrolls last month.

CVS Health Corp on Wednesday said it was sticking to its 2020 forecast and expected a strong second quarter, as reduced medical service use for its Aetna insurance business offset coronavirus-related expenses and the pandemic's impact on pharmacy sales and prescriptions.

More than a third of Medicare beneficiaries say their income has dropped due to the coronavirus crisis, a recent survey shows. Here are ways that those affected may be able to reduce their health care costs.

"This is not blockbuster drug, but watch this trend. I think it's very exciting for investors," CNBC's Jim Cramer said Wednesday.

Washington state's repeal of tax breaks for Boeing Co means that the United States has fully complied with World Trade Organization's findings of illegal subsidies for the aircraft maker, the U.S. Trade Representative's office said on Wednesday.