Latest News on private equities market

U.S. stocks fell on Thursday as millions of more Americans applied for jobless claims, taking the shine off a strong rally this month and eclipsing upbeat results from Facebook and Tesla.

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Berkshire Hathaway Inc's annual meeting will be nothing like the extravaganzas of years past, but will give Warren Buffett a chance to show how resilient his cash-rich conglomerate may be to the coronavirus pandemic, and the investment opportunities it offers.

Ford Motor Co on Thursday outlined the safety measures it will institute to restart its most profitable U.S. plants, expanding on similar efforts by General Motors Co and Fiat Chrysler to convince leaders of the United Auto Workers union to send members back to work.

Garden State homeowners may get a little more time to pay property taxes to their municipalities. An executive order gives cash-strapped residents a break but puts stress on localities' budgets.

Wall Street's main indexes fell on Thursday after a strong month of gains as millions of more Americans applied for jobless claims, taking the shine off a strong rally this month and eclipsing upbeat results from Facebook and Tesla.

The Italian airport operators association, Assaeroporti, said on Thursday proposals to keep some seats empty on planes for social distancing would not be workable if only imposed by Italy and would make the domestic sector vulnerable to foreign rivals.

Warren Buffett's Berkshire Hathaway Inc's annual meeting on May 2 will break with tradition and be held virtually, as the coronavirus pandemic halts large gatherings.

(This story corrects headline and first paragraph in April 23 story after company clarifies it had mistakenly termed the 300 million as users instead of meeting participants)

U.S. stocks fell on Thursday as grim economic data and mixed earnings prompted investors to take some profits at the close of Wall Street's best month in decades.

Boeing Co's recently aborted $4.2 billion agreement to buy the commercial jet-making operations of Brazil's Embraer specifically forbade either party from calling it off because of a pandemic or a global economic recession, Reuters has found.

Stocks have risen swiftly as investors look beyond the coronavirus pandemic, but millions of Americans continue to suffer unemployment and sickness.

Wells Fargo & Co has revived its special group for bad energy loans in recent weeks as the bank braces for more pain from the sharp downturn in oil prices, people familiar with the matter told Reuters.

Ford Motor Co on Thursday outlined the safety measures it will institute to restart its most profitable U.S. plants amid the coronavirus pandemic, expanding on similar efforts by General Motors Co and Fiat Chrysler to convince leaders of the United Auto Workers union to send members back to work.

As the coronavirus pandemic engulfed the United States, Joe Shia, a consultant to Chinese medical companies, said he was bombarded with inquiries from American firms who saw a golden opportunity in selling tests to determine coronavirus immunity.