Latest News on private equities market

U.S. economy will eventually reopen but with big changes: Kudlow

U.S. economy will eventually reopen but with big changes: Kudlow

The Trump administration is aiming to reopen the U.S. economy when the nation's top health experts give the go-ahead, but Americans' lives will be drastically different, White House economic adviser Larry Kudlow said on Tuesday.



6 years ago
United Airlines drastically cuts California flights to match demand

United Airlines drastically cuts California flights to match demand

United Airlines Holdings Inc said on Tuesday it was temporarily, but significantly, reducing daily flying in and out of Los Angeles and San Francisco airports to better match demand that has dropped due to the new coronavirus.



6 years ago
IRS has relaxed its electronic filing rules during coronavirus pandemic. Here's how to keep your data safe

IRS has relaxed its electronic filing rules during coronavirus pandemic. Here's how to keep your data safe

In an unprecedented move, the IRS is allowing its employees to accept tax documents via email, along with images of signatures, to avoid human contact during the coronavirus pandemic. This has raised concern about personal security.

6 years ago
Oil little changed as hopes for output cuts offset by crude glut

Oil little changed as hopes for output cuts offset by crude glut

Oil was little changed on Tuesday as hopes that the world's biggest producers would agree to cut output were tempered by a worsening crude oil glut and the threat of a deeper-than-expected global recession.



6 years ago
OPEC+ needs to agree output numbers before meeting: Iran oil minister

OPEC+ needs to agree output numbers before meeting: Iran oil minister

There needs to be an agreement on oil production numbers before any future meeting between OPEC and non-OPEC members, Iran's Oil Minister Bijan Zanganeh tweeted on Tuesday.



6 years ago
U.S. pushes back on call by OPEC+ to join big oil output cuts

U.S. pushes back on call by OPEC+ to join big oil output cuts

Saudi Arabia, Russia and allied oil producers will only agree to deep cuts to their crude output at talks this week if the United States and several others join in with curbs to help prop up prices that have been hammered by the coronavirus crisis.



6 years ago
FintechBeat Podcast:  Save the Money

FintechBeat Podcast: Save the Money

Roll Call | Chris Brummer | April 7, 2020 Fintech Beat sits down with Linda Jeng and Dan Gorfine to talk about how online lending, open banking and a digital dollar — with the right policies — could immediately improve the plight of those affected by the coronavirus.   The National Crowdfunding & Fintech Association

6 years ago
Colombian businesses call for more aid after quarantine extension

Colombian businesses call for more aid after quarantine extension

Colombian businesses on Tuesday called on the government to expand measures to help companies weather coronavirus, after President Ivan Duque extended a nationwide lockdown by two weeks.



6 years ago
Layoffs, closures to wipe out 6.7% of working hours worldwide in second quarter: ILO

Layoffs, closures to wipe out 6.7% of working hours worldwide in second quarter: ILO

Workplace disruptions caused by the COVID-19 pandemic are expected to wipe out labor equivalent to the effort of 195 million full-time workers, or 6.7% of hours clocked worldwide, in the second quarter of this year, the International Labour Organization (ILO) said on Tuesday.



6 years ago
Huawei laments U.S. plans to crimp its global chip supply

Huawei laments U.S. plans to crimp its global chip supply

A Huawei Technologies Co Ltd [HWT.UL] executive on Tuesday described as "unfortunate" plans by the U.S. government to curb the Chinese telecom equipment maker's access to global chip supplies.



6 years ago
AT&T takes on $5.5 billion loan to boost 'financial flexibility'

AT&T takes on $5.5 billion loan to boost 'financial flexibility'

AT&T Inc. on Tuesday announced a $5.5 billion term-loan agreement, which it said would give the company "financial flexibility" during the coronavirus outbreak.



6 years ago
Exxon could delay third Guyana project amid low prices, spending cuts

Exxon could delay third Guyana project amid low prices, spending cuts

Exxon Mobil Corp said on Tuesday the start of production at its Payara project in Guyana, its third major development in the world's newest offshore oil hotspot, could be delayed as the company scales back spending due to the crude price crash.



6 years ago
Exxon could delay third Guyana project as government review drags on

Exxon could delay third Guyana project as government review drags on

Exxon Mobil Corp said on Tuesday that production at the Payara project, its third development in Guyana, could be delayed due to delays in government approvals as the company scales back spending elsewhere due to the crude price crash.



6 years ago
OPEC+ won't meet until oil output numbers agreed: Iran oil minister

OPEC+ won't meet until oil output numbers agreed: Iran oil minister

There needs to be an agreement on oil production numbers before any future meeting between OPEC and non-OPEC members, Iran's Oil Minister Bijan Zanganeh tweeted on Tuesday.



6 years ago
Lufthansa to discontinue Germanwings in sweeping restructuring

Lufthansa to discontinue Germanwings in sweeping restructuring

Lufthansa said it will close down its Germanwings low-cost airline as part of a broader overhaul which includes cutting capacity across the group, warning it could take years for the industry to recover from the coronavirus crisis.



6 years ago