Latest News on private equities market

JPMorgan Chase developing plan to return employees to work in phases: memo

JPMorgan Chase & Co told employees on Tuesday that it is working to develop a strategy to have employees return to work in offices in phases, according to an internal memo seen by Reuters.



5 years ago

Wall Street falls as U.S. crude collapse worsens pandemic woes

Wall Street retreated for a second straight day on Tuesday as a collapse in U.S. crude prices and glum annual forecasts by companies foreshadowed the biggest economic slump since the Great Depression due to the coronavirus outbreak.



5 years ago

What to do if you're struggling to pay child support or alimony during the coronavirus crisis

As U.S. household income takes a hit from the coronavirus-induced economic meltdown, family law attorneys are seeing an increase in people exploring their options for reducing the amount they pay to their ex-partner.

5 years ago

U.S. energy secretary to urge House lawmakers to buy oil for strategic reserve

The U.S. energy secretary said on Tuesday he would talk with leaders in the U.S. House of Representatives later in the day and urge them to fund the purchase of crude to fill the emergency oil reserve.



5 years ago

Telecom Italia and Open Fiber crank up war of words over single network

A war of words between Telecom Italia (TIM) and Open Fiber over the creation of a single broadband network escalated on Tuesday as the phone incumbent called its smaller rival's business model "a failure".



5 years ago

US Oil Fund, popular ETF trading under ticker 'USO,' plunges 38%, halted for trading at one point

Trading in the United States Oil Fund, a popular exchange-traded security known for its 'USO' ticker which is supposed to track the price of oil, was briefly halted Tuesday before the opening bell. It resumed trading and plunged 20%.

5 years ago

In Versailles, king of online retail Amazon fights unions backlash

Amazon made its case on Tuesday in a French court of appeal to keep deliveries on track in the country, rejecting unions' allegations that it was not doing its best to protect employees from COVID-19.



5 years ago

Are Marketers Still Needed During Covid-19?

NCFA Guest post | April 21, 2020 As much of the world continues to abide by stay-at-home orders put in place by each government, it is having a profound effect on businesses and how they operate. Suddenly businesses are being forced to work at reduced operations, move off-site and create remote at-home offices, and approach

5 years ago

Brent oil drops 25%, near two-decade lows on scant demand, storage

Brent crude futures plunged 25% on Tuesday to the lowest in nearly two decades, a day after panicked traders sent U.S. oil below minus $40 per barrel on fears of a historic glut due to the destruction of fuel demand by the coronavirus pandemic.



5 years ago

CPC oil producers eye boost to flows via Russia from May

Kazakh oil producers, which export crude via the Caspian pipeline consortium (CPC), are seeking to divert flows to Russia's Transneft from May in an attempt to minimize losses as CPC Blend margins and demand fall, five market sources said.



5 years ago

Don't miss this stimulus check deadline if you're a Social Security beneficiary with kids

If you're receiving Social Security or Railroad Retirement benefits and don't typically file tax returns, you have just until tomorrow to log onto a government website to make sure your children are counted in your stimulus payment. Otherwise, you will see the money for eligible minors in your tax return next year.

5 years ago

Trump calls for U.S. oil industry bailout as prices plunge

U.S. President Donald Trump said on Tuesday he has asked his cabinet to devise a plan to inject cash into the ailing U.S. oil-drilling industry to help it survive a historic collapse in crude prices.



5 years ago

Wall Street falls as U.S. crude crash adds to pandemic woes

Wall Street retreated for a second straight day on Tuesday as a collapse in U.S. crude prices and glum annual forecasts by companies foreshadowed the biggest economic slump since the Great Depression.



5 years ago

Lockheed Martin trims sales outlook as coronavirus hits supply chain

Lockheed Martin said on Tuesday the spread of coronavirus has delayed shipments of vital supplies to its numerous businesses and will likely hurt its sales this year.



5 years ago

Amazon extends closure of French warehouses until April 25: statement

Amazon is extending the closure of its French warehouses until April 25 included, the online retail giant said in a written statement on Tuesday.



5 years ago