Latest News on private equities market

Wall Street falls on dour economic data, corporate earnings

Wall Street falls on dour economic data, corporate 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.



6 years ago
Oil sinks after record 19 million-barrel U.S. crude build

Oil sinks after record 19 million-barrel U.S. crude build

U.S. crude prices fell to an 18-year low and Brent lost more than 6% on Wednesday after the United States reported its biggest weekly inventory build on record, while global demand is expected to fall to quarter-century lows due to the coronavirus pandemic.



6 years ago
Your coronavirus stimulus payment might be less than you thought. Here's why

Your coronavirus stimulus payment might be less than you thought. Here's why

While headlines have touted stimulus payments of $1,200 to $2,400, many Americans could receive less money or nothing at all. How much you get is based on your income. Here's a look at how much you stand to get based on the rules.

6 years ago
Applying for small business loans has been tough. But not for these people

Applying for small business loans has been tough. But not for these people

Many small-business owners have been stymied by the Paycheck Protection Program, yet some business owners have been able to breeze through the application process.

6 years ago
U.S. retail sales, factory output sink as coronavirus batters economy

U.S. retail sales, factory output sink as coronavirus batters economy

U.S. retail sales suffered a record drop in March and output at factories declined by the most since 1946, buttressing analysts' views that the economy contracted in the first quarter at its sharpest pace in decades as extraordinary measures to control the spread of the novel coronavirus shut down the country.



6 years ago
G20 countries agree debt freeze for world's poorest countries

G20 countries agree debt freeze for world's poorest countries

Finance officials from the Group of 20 major economies agreed on Wednesday to suspend debt service payments for the world's poorest countries through the end of the year, a move quickly matched by a group of hundreds of private creditors.



6 years ago
Fund managers looking at medical tests, Europe, for signs U.S. economy can reopen

Fund managers looking at medical tests, Europe, for signs U.S. economy can reopen

Some investors are wary about buying into a recent stock market rally. Even with hopes for a quick reopening of the economy, they want more evidence that the United States will not restart, only to have to fall back under another coronavirus lockdown soon.



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

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.



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

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.



6 years ago
Wall Street falls after gloomy economic data, bank earnings

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.



6 years ago
Oil prices fall after record U.S. crude storage build

Oil prices fall after record U.S. crude storage build

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



6 years ago
UK fashion retailer Oasis Warehouse group falls into administration

UK fashion retailer Oasis Warehouse group falls into administration

British fashion brands Oasis and Warehouse have fallen into administration, threatening over 2,000 jobs and joining a growing list of store groups pushed over the edge by the coronavirus crisis.



6 years ago
Tesla shares extend rally after China registration surge and nod from Goldman

Tesla shares extend rally after China registration surge and nod from Goldman

Tesla's stock extended its recent rally on Wednesday following a surge in China car registrations and after Goldman Sachs initiated coverage of the electric car maker with a "buy" recommendation.



6 years ago
G20 agrees debt freeze for world's poorest countries

G20 agrees debt freeze for world's poorest countries

Finance officials from the Group of 20 major economies agreed on Wednesday to suspend debt service payments for the world's poorest countries from May 1 until the end of the year, as a group of private creditors also backed offering debt relief.



6 years ago
Honda extends Mexican plant shutdown, furloughs more U.S. workers

Honda extends Mexican plant shutdown, furloughs more U.S. workers

Japanese automaker Honda Motor Co said Wednesday it will extend a shutdown of its Mexican plants through April 30 and plans to furlough most U.S. salaried workers for two weeks as a result of the coronavirus pandemic.



6 years ago