Latest News on private equities market

She applied for unemployment more than 50 days ago. She's still waiting

She applied for unemployment more than 50 days ago. She's still waiting

Sandi Bochum applied for unemployment in New York on March 15. She's still waiting for it.

6 years ago
Coalition of U.S. attorneys general ask Amazon for data on COVID-linked worker deaths, infections

Coalition of U.S. attorneys general ask Amazon for data on COVID-linked worker deaths, infections

A group of 13 U.S. attorneys general asked Amazon.com on Tuesday to provide data on infections and deaths among its workforce along with evidence of the company's compliance with paid sick leave laws amid the coronavirus crisis.



6 years ago
Uber approaches GrubHub with takeover offer: source

Uber approaches GrubHub with takeover offer: source

Uber Technologies Inc is in advanced talks to buy online food delivery company GrubHub Inc in an all-stock deal, according to a person familiar with the matter.



6 years ago
Boeing sees zero orders again in April, MAX cancellations mount

Boeing sees zero orders again in April, MAX cancellations mount

Boeing Co recorded zero orders for the second time this year in April and customers canceled another 108 orders for its grounded 737 MAX plane compounding its worst start to a year since 1962.



6 years ago
BOC Aviation scoops up deals with airlines in sector's biggest crisis

BOC Aviation scoops up deals with airlines in sector's biggest crisis

Armed with strong funding, Asian lessor BOC Aviation has struck an estimated $5.5 billion of deals with carriers including Southwest and United Airlines to buy and lease back aircraft as the sector faces its deepest ever crisis.



6 years ago
Luckin Coffee sacks CEO, COO following accounting probe

Luckin Coffee sacks CEO, COO following accounting probe

Chinese coffee chain Luckin Coffee Inc fired its chief executive and chief operating officers following an internal probe on fabrication of annual sales numbers, the company said https://bit.ly/3cD4jLC in a filing on Tuesday.



6 years ago
Chamath Palihapitiya calls Amazon's Jeff Bezos the best investor, better than Warren Buffett

Chamath Palihapitiya calls Amazon's Jeff Bezos the best investor, better than Warren Buffett

"People used to lambaste Jeff Bezos for not being profitable, but when you looked under the hood, he was the single best investor of our generation," Social Capital CEO Chamath Palihapitiya told CNBC.

6 years ago
U.S. consumer prices post largest decrease since 2008

U.S. consumer prices post largest decrease since 2008

U.S. consumer prices dropped by the most since the Great Recession in April, weighed down by a plunge in demand for gasoline and services including airline travel as Americans stayed home during the coronavirus crisis.



6 years ago
U.S. Congress presses bank regulators on coronavirus assistance, oversight

U.S. Congress presses bank regulators on coronavirus assistance, oversight

Lawmakers pressed U.S. regulators on Tuesday on their efforts to help struggling consumers, oversight of massive federal bailout packages and regulatory easing as they appeared before Congress for the first time since the novel coronavirus outbreak.



6 years ago
Uber approaches GrubHub with takeover offer: Bloomberg News

Uber approaches GrubHub with takeover offer: Bloomberg News

Uber Technologies Inc has made an offer to buy online food delivery company GrubHub Inc , Bloomberg News reported on Tuesday.



6 years ago
Estonian fintech askRobin scores $1.7M to bring ‘fair credit’ to emerging markets

Estonian fintech askRobin scores $1.7M to bring ‘fair credit’ to emerging markets

Techcrunch | Steve O'Hear | May 6, 2020 AskRobin, an Estonia-founded fintech that operates a financial services marketplace for “underbanked” customers in Latin America, has picked up $1.7 million in funding. The seed round is backed by VC funds Change Ventures, Vereeni Early Stage Fund, BENE Asia Capital, and Lemonade Stand. In addition, a number

6 years ago
German watchdog investigates payments company Wirecard

German watchdog investigates payments company Wirecard

Germany's financial watchdog BaFin said on Tuesday it was conducting multiple investigations into Wirecard , sending its shares lower and adding to pressure over allegations it has denied.



6 years ago
Morgan Stanley pays $5 million fine to settle SEC charges it misled investing clients

Morgan Stanley pays $5 million fine to settle SEC charges it misled investing clients

A unit of Morgan Stanley agreed to pay a $5 million fine to settle U.S. Securities and Exchange Commission charges it misled retail investing clients about the costs of a "wrap fee" program, the regulator said on Tuesday.



6 years ago
Germany's BaFin conducting multiple investigations into Wirecard: president

Germany's BaFin conducting multiple investigations into Wirecard: president

Germany's financial watchdog said on Tuesday that it was looking very closely at developments surrounding German payments company Wirecard .



6 years ago
China working to fulfil pledge on U.S. purchases despite import slowdown: sources

China working to fulfil pledge on U.S. purchases despite import slowdown: sources

China is committed to its Phase 1 trade deal with the United States and is working towards meeting its promise to boost U.S. purchases, even though the pace of buying has been restrained by the coronavirus outbreak, three Chinese sources said.



6 years ago