Latest News on private equities market

U.S. finalizes minimum service rules for airlines receiving assistance

U.S. finalizes minimum service rules for airlines receiving assistance

The U.S. Transportation Department on Tuesday issued final rules setting minimum service requirements for passenger airlines receiving government financial assistance.



6 years ago
Big OPEC+ oil output cuts depend on U.S., others joining: sources

Big OPEC+ oil output cuts depend on U.S., others joining: sources

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
Wall Street jumps at open on coronavirus slowdown hopes

Wall Street jumps at open on coronavirus slowdown hopes

U.S. stocks jumped at the opening bell on Tuesday, as early signs of a slowdown in coronavirus cases in U.S. hot spots raised hopes that sweeping lockdown measures were working.



6 years ago
Exclusive: U.S. grants GE license to sell engines for China's new airplane

Exclusive: U.S. grants GE license to sell engines for China's new airplane

The Trump administration on Tuesday granted a license to General Electric Co to supply LEAP-1C engines for China's C919 passenger jet, a spokeswoman for the company said.



6 years ago
Honda furloughs U.S. workers until May 1 as coronavirus suspends operations

Honda furloughs U.S. workers until May 1 as coronavirus suspends operations

Honda Motor Co on Tuesday said that it had furloughed workers at its U.S. plants which will be closed until May 1 as demand for cars in the country has plummeted due to the spread of the coronavirus.



6 years ago
More than half of Americans can't pass a basic quiz on Social Security

More than half of Americans can't pass a basic quiz on Social Security

Deciding when to claim Social Security is one of the biggest decisions a retiree can make. Yet many Americans who are near retirement can't pass a basic test on rules pertaining to those benefits. Find out if you can answer the questions most respondents got right and wrong.

6 years ago
In a first, China knocks U.S. from top spot in global patent race

In a first, China knocks U.S. from top spot in global patent race

China was the biggest source of applications for international patents in the world last year, pushing the United States out of the top spot it has held since the global system was set up more than 40 years ago, the U.N. patent agency said on Tuesday.



6 years ago
Thousands of weddings are put on hold amid coronavirus pandemic

Thousands of weddings are put on hold amid coronavirus pandemic

Amid the COVID-19 pandemic, tens of thousands of couples have postponed their weddings this spring and left many vendors scrambling without income.

6 years ago
WeWork special committee files lawsuit against SoftBank after tender offer falls through

WeWork special committee files lawsuit against SoftBank after tender offer falls through

The special committee on the board of The We Company, which operates office-sharing startup WeWork, has filed a lawsuit against its largest shareholder SoftBank Group Corp , challenging its decision to terminate a $3-billion tender offer.



6 years ago
Trying to get hired amid the pandemic? Here are some tips

Trying to get hired amid the pandemic? Here are some tips

The coronavirus outbreak has left millions of Americans without a job. Here's how to get a new one.

6 years ago
IRS has relaxed its electronic filing rules during COVID-19 pandemic. Here's how to keep your data safe

IRS has relaxed its electronic filing rules during COVID-19 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
Australia's Treasury Wine, to cope with virus, weighs Penfolds demerger, U.S. cutback

Australia's Treasury Wine, to cope with virus, weighs Penfolds demerger, U.S. cutback

Australia's Treasury Wine Estates Ltd said it may spin off the prestigious Penfolds label and shrink its low-end "commercial" division in the United States as it seeks ways to grow profit amid upheaval brought by the coronavirus crisis.



6 years ago
TJX to furlough most of about 286,000 staff as stores stay shut amid pandemic

TJX to furlough most of about 286,000 staff as stores stay shut amid pandemic

Off-price retailer TJX Companies Inc said on Tuesday it would furlough most of the employees at its stores and distribution centers, as outlets remain closed to curb the spread of the coronavirus.



6 years ago
Oil dips on doubts over output cuts, crude glut woes

Oil dips on doubts over output cuts, crude glut woes

Oil edged lower on Tuesday on uncertainty over whether the world's biggest producers would agree to cut output in the face of a swelling crude oil glut as fuel demand has been hammered during the coronavirus pandemic.



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