Latest News on private equities market

Pringles maker Kellogg pushes product launches to second half as virus raises costs

Kellogg Co said on Thursday it would push product launches to the second half of 2020, as the breakfast cereal maker invests into additional warehouse space and logistics to meet higher demand brought on by coronavirus-led stockpiling.



5 years ago

AT&T brings ad unit Xandr under WarnerMedia ahead of HBO Max launch

AT&T Inc said on Thursday it will bring its advertising unit Xandr under its WarnerMedia label, which is set to launch its streaming channel HBO Max in May.



5 years ago

Fourth stimulus bill may not be needed if states bounce back: White House official

A fourth bill to provide stimulus to the U.S. economy may not be needed if states are able to successfully reopen their economies "relatively quickly," as some forecasters expect, a White House economic adviser said on Thursday.



5 years ago

Telegram Caves to US Regulators: Delays Blockchain Launch, Offers to Return $1.2B to Investors

Coindesk | Anna Baydakova | Apr 30, 2020 Messaging app Telegram postponed the launch of its TON blockchain for a second time on Wednesday, pushing the new go-live date to April 2021 and triggering a costly clawback clause in its agreement with token-sale investors. According to a letter to investors obtained by CoinDesk, Telegram is

5 years ago

Equality key to rescuing U.S.-China business ties: U.S. business lobby

Recent strains in the relationship between the United States and China make it especially important to establish a policy of 'competitive neutrality' the American Chamber of Commerce in China said on Thursday.



5 years ago

Fed: Main Street program widened to diverse set of new companies

The Federal Reserve expanded its Main Street lending program to be sure it captured larger firms that were still not big enough to tap public capital markets, the central bank said.



5 years ago

JPMorgan says it has processed $17.8 billion under emergency aid program

JPMorgan Chase & Co said on Wednesday that it had submitted roughly 220,000 applications worth $17.8 billion to the Small Business Administration's Paycheck Protection Program to help small businesses hurt by the coronavirus shutdown.



5 years ago

BlackRock names London-based executive as new stewardship chief

BlackRock Inc on Thursday said it named London-based financial executive Sandy Boss as its new head of investment stewardship, bringing a more international structure to the top asset manager's voting on topics like climate change and social issues.



5 years ago

Comcast revenue misses forecast, shares drop 4% on warning

Comcast Corp on Thursday reported first-quarter revenue that fell shy of Wall Street's estimate, and shares dropped more than 4% as the company warned that the coronavirus will hurt advertising, theme parks and films in the second quarter.



5 years ago

Fourth stimulus bill may not be needed if states bounce back: White House

A fourth bill to provide stimulus to the U.S. economy may not be needed if states are able to successfully reopen their economies "relatively quickly," as some forecasters and equity markets expect, a White House economic adviser said on Thursday.



5 years ago

Oil prices surge on last day of roller-coaster month

Oil prices jumped on Thursday, as signs the U.S. crude glut was not growing as quickly as many had feared brought an upbeat close to one of the most volatile months for oil trading in history.



5 years ago

Macy's reopening 68 stores, targets all within six weeks as U.S. curbs loosen

Macy's Inc plans to reopen 68 U.S. stores on Monday in states that have loosened coronavirus lockdowns, the department store operator said on Thursday, as more retailers sought to get business going after a crushing month of closures.



5 years ago

Millions of Americans continue to seek jobless benefits; consumer spending slumps

Millions more Americans filed claims for unemployment benefits last week, suggesting that layoffs were spreading to industries that were not initially directly impacted by business closures and disruptions related to the novel coronavirus.



5 years ago

Equities dip but remain on pace for best month on record

World equity benchmarks dipped on Thursday yet remained on pace for their best month on record as a rebound in oil prices, encouraging early results from a COVID-19 treatment trial and expectations of more government stimulus helped ease the pain of February and March.



5 years ago

JPMorgan says it has handled $17.8 billion under emergency aid program

JPMorgan Chase & Co said it has submitted roughly 220,000 applications worth $17.8 billion to the Small Business Administration's Paycheck Protection Program to help small businesses hurt by the coronavirus shutdown.



5 years ago