Latest News on private equities market

Amazon to suspend delivery service competing with UPS, FedEx: WSJ

Amazon to suspend delivery service competing with UPS, FedEx: WSJ

Amazon.com Inc has put on hold a new delivery service that competes with UPS and FedEx, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.



6 years ago
Amazon testing disinfectant fog at New York warehouse after coronavirus protests

Amazon testing disinfectant fog at New York warehouse after coronavirus protests

Amazon.com Inc is testing the use of disinfectant fog at a warehouse in Staten Island, New York starting on Tuesday, the company told Reuters, following worker protests over the risk of coronavirus infection at the site.



6 years ago
Trump says $70 billion in coronavirus rescue loans authorized. But where's the cash?

Trump says $70 billion in coronavirus rescue loans authorized. But where's the cash?

Roughly $70 billion of a $350 billion pot of loans to cover the payrolls of ailing small businesses have been originated by U.S. lenders in recent days, President Donald Trump said on Tuesday, adding that that money was "essentially loaned."



6 years ago
Refunds row escalates as airlines warn millions of jobs at risk

Refunds row escalates as airlines warn millions of jobs at risk

Global airlines warned that 25 million jobs across the world could be at risk from the coronavirus air travel downturn, and held out against offering refunds to passengers as cash runs out.



6 years ago
Facebook launches new chat app for couples

Facebook launches new chat app for couples

Facebook Inc on Tuesday launched a new social app for couples called "Tuned" that allows partners to chat, share photos, music and have a timeline of shared memories between them.



6 years ago
Here's exactly what you need to do if you lose your job

Here's exactly what you need to do if you lose your job

In the wake of losing your job, it can be hard to figure out your most important moves. These three items should go straight to the top of your to-do list.

6 years ago
Millions of aviation jobs at risk, airlines beg for govt support: IATA

Millions of aviation jobs at risk, airlines beg for govt support: IATA

Global airlines said 25 million jobs across the world could be at risk from the coronavirus travel downturn, as the industry's representative body launched a plea for urgent government support amid warnings that carriers are running out of cash.



6 years ago
Japan's Softbank to invest $48 million in Brazil pet products site Petlove

Japan's Softbank to invest $48 million in Brazil pet products site Petlove

Japan's Softbank Group Corp reached an agreement to invest 250 million reais ($48 million) in pet products online retailer Petlove, the companies said in a statement on Tuesday.



6 years ago
The No. 1 personal finance lesson to take away from the coronavirus

The No. 1 personal finance lesson to take away from the coronavirus

The coronavirus is a reminder of how we struggle to comprehend and make decisions based on risk. This goes a long way toward explaining why so many Americans fail at personal finance.

6 years ago
Global health fund calls for $8 billion to begin COVID-19 exit strategy

Global health fund calls for $8 billion to begin COVID-19 exit strategy

A leading global health fund has asked international businesses and governments to provide $8 billion to support development and production of COVID-19 tests, drugs and vaccines.



6 years ago
Online meal delivery firms knocked off course by coronavirus crisis

Online meal delivery firms knocked off course by coronavirus crisis

The lockdown of millions of people at home across the globe due to the coronavirus should have been the perfect recipe for success for the burgeoning online meal delivery market.



6 years ago
Last but not least: Exxon chops spending by 30%

Last but not least: Exxon chops spending by 30%

Exxon Mobil Corp on Tuesday throttled back a multi-year investment spree in shale, LNG and deep water oil production and will cut planned capital spending this year by $10 billion as the coronavirus pandemic saps energy demand and oil prices.



6 years ago
Macy's finance chief Paula Price to step down in May

Macy's finance chief Paula Price to step down in May

Department store chain operator Macy's Inc said on Tuesday Chief Financial Officer Paula Price would step down from the role next month after nearly two years on the job.



6 years ago
Op-ed: 'War bonds' could finance the fight against coronavirus — here's how they could work

Op-ed: 'War bonds' could finance the fight against coronavirus — here's how they could work

The U.S. could finance its fight against the coronavirus by issuing $1 trillion in "war bonds."

6 years ago
Graphic: Oil majors cut 2020 spending by 22% after prices slump

Graphic: Oil majors cut 2020 spending by 22% after prices slump

The world's biggest oil and gas companies are cutting spending this year following a collapse in oil prices driven by a slump in demand because of the coronavirus crisis and a price war between top exporters Saudi Arabia and Russia.



6 years ago