Latest News on private equities market

New government app showing you the status of your coronavirus stimulus payment has rocky debut

New government app showing you the status of your coronavirus stimulus payment has rocky debut

The government has launched a new web app that lets you track your payment or add in your direct deposit bank information. But you need to hurry if you want your cash automatically. Millions of payments are already being deployed.

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
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
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
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
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
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
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
Trump to announce 'guidelines' on reopening U.S. economy Thursday

Trump to announce 'guidelines' on reopening U.S. economy Thursday

U.S. President Donald Trump said on Wednesday that data suggested the country had passed the peak on new coronavirus infections, and said he would announce "new guidelines" for reopening the economy at a news conference on Thursday.



6 years ago
U.S. companies reeling from coronavirus fallout, Fed survey shows

U.S. companies reeling from coronavirus fallout, Fed survey shows

U.S. companies have been battered by the fallout from the novel coronavirus outbreak, with economic activity plunging at an unprecedented speed over the past few weeks, a Federal Reserve report released on Wednesday showed.



6 years ago
Auto supplier Magna preparing for North America return to work May 4: exec

Auto supplier Magna preparing for North America return to work May 4: exec

Canadian auto supplier Magna International Inc is planning for a return to production in North America on May 4, with a subsequent gradual increase in output as the industry recovers from the shutdown caused by the coronavirus pandemic, a top executive said on Wednesday.



6 years ago
Junior's Cheesecake owner says it's an 'honorable' decision to wait to use small business loans

Junior's Cheesecake owner says it's an 'honorable' decision to wait to use small business loans

"If we take this money and don't treat it like the precious capital that it is ... then we've done a disservice to everyone," Junior's Cheesecake owner Alan Rosen told CNBC.

6 years ago
Argentina a 'black box' as $70 billion debt talks enter final act

Argentina a 'black box' as $70 billion debt talks enter final act

By Marc Jones, Karin Strohecker, Tom Arnold and Cassandra Garrison



6 years ago
Citigroup profit tumbles 46% on expected credit card losses

Citigroup profit tumbles 46% on expected credit card losses

Citigroup Inc reported a 46% plunge in quarterly profit on Wednesday as it prepared for losses driven primarily by its credit card business, and analysts raised worries that there is more pain to come as the economic outlook darkens.



6 years ago
J.C. Penney skips interest payment amid bankruptcy fears

J.C. Penney skips interest payment amid bankruptcy fears

J.C. Penney Co Inc said on Wednesday it will not make a $12 million interest payment on its long-term corporate bonds, a day after Reuters reported the department store operator was considering filing for bankruptcy protection.



6 years ago