Latest News on private equities market

Google to slow hiring for rest of 2020, CEO tells staff

Google to slow hiring for rest of 2020, CEO tells staff

Alphabet Inc's Google will slow hiring for the rest of the year, Chief Executive Officer Sundar Pichai told the company's staff in a memo on Wednesday.



6 years ago
Costco, P&G, J&J among few to hike dividend during coronavirus crisis

Costco, P&G, J&J among few to hike dividend during coronavirus crisis

Warehouse operator Costco Wholesale Corp on Wednesday raised its quarterly dividend by about 8%, joining a small but growing list of companies to do so at a time when most of corporate America is suspending shareholders returns in order to shore up liquidity as the coronavirus crisis deepens.



6 years ago
Mylan's Robert Coury back as executive chairman

Mylan's Robert Coury back as executive chairman

Mylan NV on Wednesday named Chairman Robert Coury to the role of executive chairman to help steer the drugmaker through the coronavirus pandemic and its delayed merger with Pfizer Inc's off-patent branded drug unit, Upjohn.



6 years ago
Amazon's EU head of operations steps down amid virus crisis

Amazon's EU head of operations steps down amid virus crisis

Amazon.com Inc's vice president of the European Union segment, Roy Perticucci, has stepped down, the company confirmed on Wednesday.



6 years ago
Trading becomes a plus for Goldman once again during coronavirus rout

Trading becomes a plus for Goldman once again during coronavirus rout

For the first time in years, Goldman Sachs Group Inc's having a sizeable trading business and a tiny consumer bank seems like a good idea.



6 years ago
Pentagon probe unable to rule out White House influence on JEDI contract

Pentagon probe unable to rule out White House influence on JEDI contract

The Pentagon's inspector general on Wednesday said it could not determine whether the White House influenced the award of a $10 billion contract to Microsoft Corp over Amazon after several officials said their conversations were privileged "presidential communications."



6 years ago
NCFA Open Letter:  Government should collaborate with Fintechs

NCFA Open Letter: Government should collaborate with Fintechs

NCFA | April 15, 2020   Dear: Right Honourable Prime Minister Justin Trudeau Honourable Minister William Morneau Honourable Minister Navdeep Bains Honourable Minister Mary Ng re: Open Letter: Government should collaborate with Fintechs The Canadian government should recognize that FinTech companies can play a central role in distributing capital to small businesses and early-stage companies. 

6 years ago
Stocks slide as dire economic outlook weighs

Stocks slide as dire economic outlook weighs

World stock markets fell on Thursday, while bonds and the dollar held on to hefty gains, after a coronavirus-driven plunge in U.S. retail sales and factory production and increasing gloomy economic outlooks for Asia.



6 years ago
United cuts May flights by 90%, tells employees to brace for job cuts

United cuts May flights by 90%, tells employees to brace for job cuts

United Airlines Holdings Inc said on Wednesday that it has cut its flight schedule by 90% in May and expects similar cuts for June as a result of the coronavirus pandemic, and warned that travel demand that is now "essentially at zero shows no sign of improving in the near term," making job cuts likely.



6 years ago
Jim Cramer: 18 stock picks worth owning over the S&P 500

Jim Cramer: 18 stock picks worth owning over the S&P 500

"Rule No. 1 for the new abnormal is that you stick with the winners and you leave the raggedy rest to the others," the "Mad Money" host said.

6 years ago
Royal Caribbean sheds 26% of U.S. workforce as coronavirus hits travel

Royal Caribbean sheds 26% of U.S. workforce as coronavirus hits travel

Royal Caribbean Cruises Ltd said on Wednesday it would lay off or furlough about 26% of its workforce in the United States, affecting nearly 1,300 of its more than 5,000 employees in the country, as the coronavirus chokes international travel.



6 years ago
Dollar stands tall as U.S. retail slump fans flight to safety

Dollar stands tall as U.S. retail slump fans flight to safety

A flight to safety bid pushed the dollar higher against its peers on Thursday after dire retail and factory data showed the severity of the collapse in U.S. economic activity caused by the novel coronavirus pandemic.



6 years ago
Oil bounces back as rising stockpiles seen pointing to lower output amid coronavirus

Oil bounces back as rising stockpiles seen pointing to lower output amid coronavirus

Oil rose on Thursday, with U.S. crude rebounding from near-20-year lows in the previous session on hopes that a big build-up in U.S. inventories may mean producers have little option but to deepen output cuts as the coronavirus pandemic ravages demand.



6 years ago
United cuts May schedule by 90%, tells employees to brace for job cuts: memo

United cuts May schedule by 90%, tells employees to brace for job cuts: memo

United Airlines Holdings Inc told employees on Wednesday that it has cut its flight schedule by 90% in May and possibly June, and to prepare for a smaller airline and workforce starting as early as Oct. 1.



6 years ago
IMF's Georgieva wants to triple concessional financing for poor countries

IMF's Georgieva wants to triple concessional financing for poor countries

The International Monetary Fund is looking to triple its concessional financing for the poorest countries to over $18 billion to help them respond to the novel coronavirus pandemic, Managing Director Kristalina Georgieva said on Wednesday.



6 years ago