Latest News on private equities market

How this company totally transformed its business model to survive the coronavirus

How this company totally transformed its business model to survive the coronavirus

Gargiulo Produce opened in 1929 as a vegetable cart going door to door to sell food. Now, the company sells online to survive the coronavirus shutdown.

6 years ago
Buffett's Berkshire posts nearly $50 billion loss as coronavirus causes pain

Buffett's Berkshire posts nearly $50 billion loss as coronavirus causes pain

Warren Buffett's Berkshire Hathaway Inc is being hit hard by the coronavirus pandemic, posting a record quarterly net loss of nearly $50 billion on Saturday and saying performance is suffering in several major operating businesses.



6 years ago
These business owners couldn't get a forgivable loan at first. Then it was easy.

These business owners couldn't get a forgivable loan at first. Then it was easy.

Business owners who successfully got loans during the second round of the Paycheck Protection Program describe the emotional roller coaster of the process.

6 years ago
Buffett's Berkshire posts nearly $50 billion loss on coronavirus, operating profit rises

Buffett's Berkshire posts nearly $50 billion loss on coronavirus, operating profit rises

Warren Buffett's Berkshire Hathaway Inc on Saturday posted a record net loss of nearly $50 billion as the coronavirus pandemic pummeled its common stock investments, but operating profit rose even as COVID-19 hurt its businesses.



6 years ago
France's SocGen to provision between 3.5 and 5 billion euros this year: CEO

France's SocGen to provision between 3.5 and 5 billion euros this year: CEO

French bank Societe Generale expects to have to provision 3.5 billion euros to 5 billion euros ($3.84 bln-5.49 bln) this year because of losses due to the coronavirus crisis, its chief executive said in an interview on Saturday.



6 years ago
Buffett says coronavirus cannot stop America

Buffett says coronavirus cannot stop America

Warren Buffett said on Saturday gave an upbeat assessment of the United States' ability to withstand crises, even as he acknowledged that the coronavirus pandemic could have a wide range of impacts on the economy.



6 years ago
Warren Buffett says the coronavirus cannot stop America, or Berkshire Hathaway

Warren Buffett says the coronavirus cannot stop America, or Berkshire Hathaway

Billionaire investor Warren Buffett on Saturday said the United States' capacity to withstand crises provides a silver lining as it combats the coronavirus, even as he acknowledged that the global pandemic could significantly damage the economy and his investments.



6 years ago
Roche gets FDA emergency use approval for COVID-19 antibody test

Roche gets FDA emergency use approval for COVID-19 antibody test

Roche Holding AG received emergency use approval from the U.S. Food and Drug Administration for an antibody test to help determine if people have ever been infected with the coronavirus, the Swiss drugmaker said http://pdf.reuters.com/htmlnews/htmlnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20200503:nGNE71pdqt on Sunday.



6 years ago
Buffett on why he hasn't made any big investments: 'We don't see anything that attractive'

Buffett on why he hasn't made any big investments: 'We don't see anything that attractive'

Warren Buffett said Berkshire Hathaway is still sitting on its massive cash hoard because the conglomerate hasn't found a company to buy at an attractive price.

6 years ago
Berkshire sells entire stakes in U.S. airlines: Buffett

Berkshire sells entire stakes in U.S. airlines: Buffett

Berkshire Hathaway Inc has sold its entire stakes in the four largest U.S. airlines, Chairman Warren Buffett said Saturday at the company's annual meeting.



6 years ago
Warren Buffett says coronavirus cannot stop America, despite huge Berkshire loss

Warren Buffett says coronavirus cannot stop America, despite huge Berkshire loss

Warren Buffett on Saturday gave an upbeat assessment of the United States' ability to withstand crises, even as he acknowledged that the coronavirus pandemic could have a wide range of impacts on the economy and his investments.



6 years ago
U.S. aviation sector cuts more jobs amid travel meltdown

U.S. aviation sector cuts more jobs amid travel meltdown

The ongoing U.S. travel crisis is causing thousands of job cuts as the aviation sector waits for passengers to return to the skies but braces for years of lower demand because of the coronavirus pandemic.



6 years ago
The path forward: Here's how to think about investing, work, the food supply and whether you'll have enough toilet paper

The path forward: Here's how to think about investing, work, the food supply and whether you'll have enough toilet paper

Every aspect of life has changed. Your money, your job, your sanity, your kids and the stock market are all different. Even how you make dinner has changed. Experts weigh in with advice and tips for surviving the new normal.

6 years ago
Market's comeback hinges on the economy reopening without major setbacks

Market's comeback hinges on the economy reopening without major setbacks

The old saw, 'sell in May and go away' might not apply this year if the U.S. economy reopens smoothly.

6 years ago
Chevron CEO Wirth says no plans to leave Venezuela: CNBC

Chevron CEO Wirth says no plans to leave Venezuela: CNBC

Chevron Corp has no plans to wind down all operations or exit Venezuela, Chief Executive Officer Mike Wirth told CNBC, days after the Trump administration barred the U.S. oil major from drilling or transporting oil in the South American nation.



6 years ago