Latest News on private equities market

Here's who is hiring right now, amid a bleak jobs picture

Amazon, Anthem, Decker Truck Line and Home Depot posted the highest number of open job listings last week, according to CareerBuilder.

5 years ago

Coronavirus loan program delayed for independent contractors and self-employed workers

A $349 billion loan program opened April 3 for small businesses to help cushion the economic blow from the coronavirus pandemic. Independent contractors and self-employed workers must wait another week.

5 years ago

Exclusive: Amazon to delay marketing event Prime Day due to coronavirus

Amazon.com Inc is postponing its major summer shopping event Prime Day at least until August and expects potentially a $100 million hit from excess devices it may now have to sell at a discount, according to internal meeting notes seen by Reuters.



5 years ago

Wall Street falls as coronavirus ends record job growth

Wall Street's main indexes fell on Friday as the longest period of employment growth on record in the United States came to an abrupt end due to the coronavirus, confirming a recession is underway.



5 years ago

Italy looks to safeguard biomedical valley leading fight against COVID-19

Italy plans to tighten health checks to ensure that work is not disrupted in a small northern town specialising in the production of medical supplies to tackle its coronavirus crisis.



5 years ago

Amid confusion, U.S. small business bailout program off to rocky start

A flood of loan applications from coronavirus-hit businesses inundated lenders on Friday as the U.S. government launched its $349 billion bailout fund for small and midsize companies amid widespread confusion about just how the program works.



5 years ago

Brent crude surges 10% on hopes of oil output deal

Crude futures surged for a second day on Friday, with benchmark Brent up 10% on hopes that a global deal to cut crude supply worldwide will emerge early next week.



5 years ago

FedEx hoards cash, slashes CEO pay amid coronavirus threat

FedEx Corp said on Friday it would pull $1.5 billion from a credit line and slash CEO pay as stay-at-home orders aimed at stemming the spread of the coronavirus in the United States and Europe hammer demand for its lucrative express services.



5 years ago

U.S. warns airlines to quickly refund tickets after canceled flights

The U.S. Transportation Department on Friday issued a notice to airlines reminding them they are obligated to refund tickets when they cancel a flight or make a significant flight schedule change that passengers opt not to accept, but will not take any immediate action against airlines.



5 years ago

U.S. airlines face deadline to apply for federal payroll grants

U.S. airlines and airport contractors faced a deadline of 5 p.m. EDT (2100 GMT) on Friday to tap the federal government for up to $32 billion in payroll grants to keep workers employed while they ride out the economic toll of the coronavirus on their business.



5 years ago

U.S. small businesses flood Bank of America with loan applications

Bank of America Corp said on Friday it has already received about 35,000 applications for federally backed small-business loans within hours of starting to accept them.



5 years ago

Canada signs agreement with Amazon Canada to distribute medical equipment

Canada has signed an agreement with Amazon Canada to ensure medical equipment is delivered where it is most needed in the country's fight against the cornonavirus outbreak, Prime Minister Justin Trudeau said on Friday.



5 years ago

Dollar gains on safe-haven bids; shrugs off horrible U.S. jobs number

The dollar firmed against major currencies for a third straight day on Friday, as investors took shelter in the U.S. currency amid worsening economic fallout from the coronavirus pandemic.



5 years ago

Global stocks edge lower on economic toll from coronavirus; oil rallies

Global stock markets sank on Friday following more signs that the COVID-19 pandemic would take a massive toll on economic growth, while oil prices continued to rally on hopes of a cut to global supply.



5 years ago

Coronavirus depresses U.S. payrolls, more job losses coming

The U.S. economy shed 701,000 jobs in March, abruptly ending a historic 113 straight months of employment growth as stringent measures to control the novel coronavirus outbreak shuttered businesses and factories, confirming a recession is underway.



5 years ago