Latest News on private equities market

NCAA president: Sports won't return until campuses reopen

NCAA president: Sports won't return until campuses reopen

College sports will not resume until all students are back on campus, NCAA president Mark Emmert said Friday.



6 years ago
Major U.S. airlines endorse temperature checks for passengers

Major U.S. airlines endorse temperature checks for passengers

A major U.S. airline trade group on Saturday said it backed the U.S. Transportation Security Administration (TSA) checking the temperatures of passengers and customer-facing employees during the coronavirus pandemic.



6 years ago
Bankruptcy court approves Neiman Marcus' plea to access financing

Bankruptcy court approves Neiman Marcus' plea to access financing

U.S. luxury department store chain Neiman Marcus Group said on Friday it received court approval to access $675 million of its debtor-in-possession financing, which will allow continuity of the company's business during Chapter 11 bankruptcy proceedings and enable it to pay employees and vendors.



6 years ago
Amid lockdown dispute, Musk says he will move Tesla out of California

Amid lockdown dispute, Musk says he will move Tesla out of California

Tesla Inc's chief executive Elon Musk tweeted on Saturday that Tesla will move its headquarters and future programs to Texas or Nevada from California immediately.



6 years ago
TC Webinar (May 21, 2020):  FinTech, RegTech, and SupTech Community of Practice with Simone di Castri

TC Webinar (May 21, 2020): FinTech, RegTech, and SupTech Community of Practice with Simone di Castri

Toronto Centre | May 8, 2020 FinTech and SupTech: how to leap forward? The digital transformation of the global economy and the financial sector is accelerating. Cash use is declining, and digital currencies and channels are increasingly used. For millions of people, this digitization is transformative, and the COVID-19 crisis has accelerated this trend by

6 years ago
Tesla sues California county in virus factory closure fight, threatens to leave

Tesla sues California county in virus factory closure fight, threatens to leave

Tesla Inc sued local authorities in California on Saturday as the electric carmaker pushed to re-open its factory there and Chief Executive Elon Musk threatened to move Tesla's headquarters and future programs from the state to Texas or Nevada.



6 years ago
‘Bring the problem forward’: BlackRock CEO Larry Fink on climate risk

‘Bring the problem forward’: BlackRock CEO Larry Fink on climate risk

McKinsey & Company | Rik Kirkland | Apr 21, 2020 The physical impact of climate change will lead to a major capital reallocation, says the head of BlackRock, the world’s largest asset manager. During a 40-year career, BlackRock CEO Larry Fink has learned that financiers seldom ignore risks to their businesses: “Once they recognize a

6 years ago
Mazda Motor seeks $2.8 billion in loans to ride out pandemic: source

Mazda Motor seeks $2.8 billion in loans to ride out pandemic: source

Mazda Motor Corp has sought loans totalling about 300 billion yen ($2.8 billion) from Japan's three megabanks and other lenders to ride out the coronavirus epidemic, a source with direct knowledge of the matter said on Saturday.



6 years ago
It pays to stay unemployed. That might be a good thing

It pays to stay unemployed. That might be a good thing

A large share of American workers could earn more money while unemployed than from their prior jobs. Labor economists generally think the policy was appropriate given the situation.

6 years ago
Wall Street jumps as historic job losses fewer than feared

Wall Street jumps as historic job losses fewer than feared

Major U.S. stock indexes jumped on Friday and logged solid gains for the week after data on historic job losses due to the coronavirus crisis showed they were slightly fewer than feared.



6 years ago
Chipotle secures $600 million credit line amid coronavirus crisis

Chipotle secures $600 million credit line amid coronavirus crisis

Chipotle Mexican Grill Inc has secured a new year-long $600 million revolving credit line, a regulatory filing showed https://bit.ly/2SOtm6L on Friday, as the restaurant chain looks to deal with the fallout from the COVID-19 pandemic.



6 years ago
With $73 million CAD, Symend closes one of the largest Series B rounds in recent Alberta history

With $73 million CAD, Symend closes one of the largest Series B rounds in recent Alberta history

Betakit | Meagan Simpson | May 7, 2020 Calgary-based Symend has raised a $73 million CAD ($52 million USD) Series B round of funding for its customer engagement platform designed to better connect with financially at-risk customers. The round includes $47 million USD in equity and $5 million USD in term financing from Silicon Valley

6 years ago
Unemployment just hit 14.7% yet the market is way up. Please explain!

Unemployment just hit 14.7% yet the market is way up. Please explain!

How to understand what's going on when the jobless rate is surging and so are stock prices. Unemployment's up and so is the stock market. Why?

6 years ago
Wall St. climbs 1% as historic job losses fewer than feared

Wall St. climbs 1% as historic job losses fewer than feared

Major U.S. stock indexes climbed on Friday and were on track to log solid gains for the week after data showing historic job losses from the coronavirus crisis were slightly fewer than feared.



6 years ago
As pandemic rages, anything goes for bitcoin's third 'halving'

As pandemic rages, anything goes for bitcoin's third 'halving'

Bitcoin is about to undergo a scheduled technical adjustment as the number of new coins awarded the computer wizards who "mine" the cryptocurrency will be cut in half, but forecasting which way its price will move afterward is more complicated now.



6 years ago