Latest News on private equities market

Receiving SSI benefits? You will get your coronavirus stimulus payment automatically, government says

If you receive Supplemental Security Income from the government, you will get your coronavirus stimulus payment by early May. If you have qualifying dependents who should receive payments, you need to register on the government web portal. Here's what you need to know.

5 years ago

'I can't even get anyone to take my application': Some small businesses are locked out of loan program

Johanna Mann has tried to apply for a small-business loan to keep her pie shop in Amherst, Ohio, afloat during the coronavirus pandemic. She can't find a bank to give her one.

5 years ago

Harley-Davidson lays off staff, cuts salaries, amid coronavirus outbreak

Harley-Davidson Inc said on Wednesday it had temporarily laid off most of its global production employees and implemented salary cuts in a bid to lower costs as the coronavirus pandemic has hurt its business.



5 years ago

Exclusive: Major U.S. airlines plan to apply for government loans in addition to grants: sources

Numerous major U.S. airlines are preparing to apply this week for a $25 billion U.S. government loan program after winning billions in federal payroll grants, people familiar with the matter said.



5 years ago

Coronavirus unmasks Amazon's stumbles at Whole Foods

Amazon's moves to reduce strain on its grocery businesses by putting new online shoppers on wait lists and switching more Whole Foods resources to filling orders, is unmasking limitations at the company that was expected to upend the supermarket industry.



5 years ago

Coast to coast, Fed survey shows sharp, abrupt toll of coronavirus

U.S. companies have been battered by the fallout from the novel coronavirus outbreak as economic activity "contracted sharply and abruptly across all regions," a report by the Federal Reserve released on Wednesday showed.



5 years ago

Small business loans top $296 billion and could reach the program's limit by the end of Wednesday

"It's a tremendous program to keep our business afloat," said one small business owner.

5 years ago

With confidence shattered, the road to a 'normal' U.S. economy looks long

U.S. air travel was shut down for three days after the Sept. 11, 2001, attacks. It took three years for the industry to recover despite toughened passenger screening and the creation of a new agency devoted to transportation security.



5 years ago

Volkswagen to resume production in Germany starting April 20

Volkswagen on Wednesday said factories producing cars for its core brand in Zwickau, Germany and Bratislava, Slovakia will resume production starting on April 20, with other locations ramping up plants starting from April 27 onwards.



5 years ago

Oil mixed after record 19 mln-barrel U.S. crude storage build

Oil prices were mixed on Wednesday after the United States reported a 19 million-barrel jump in inventories, the biggest weekly build ever, while forecasts showed global demand crumbling to its lowest levels in a quarter-century due to the coronavirus pandemic.



5 years ago

Exclusive: Ryanair sees price war fuelling rapid air travel recovery

Ryanair is steeling for an airline price war that it expects to win once coronavirus restrictions are lifted and passengers flock back to tourist destinations, Chief Executive Michael O'Leary told Reuters on Wednesday.



5 years ago

Wall Street falls after gloomy economic data, bank earnings

U.S. stocks fell on Wednesday as dismal economic and first-quarter earnings reports compounded concerns over the extent of damage from the coronavirus outbreak.



5 years ago

Lyft launches meal, grocery delivery service in several U.S. cities

Lyft Inc on Wednesday said it has launched a new on-demand delivery service to provide essential goods, including groceries, meals and medical supplies, to people in need during the coronavirus crisis.



5 years ago

Tesla must face shareholder lawsuit over Musk's going-private tweet

A federal judge said Tesla Inc must face a lawsuit claiming it misled shareholders when Chief Executive Elon Musk tweeted in August 2018 that he was considering taking the electric car company private.



5 years ago

Oil slides as producer cuts fail to banish demand fears

Oil prices plunged again on Tuesday as investors were unconvinced that record supply cuts could soon balance markets pummeled by the coronavirus pandemic.



5 years ago