Latest News on private equities market

Tesla cuts contractors from California, Nevada factories: CNBC

Tesla cuts contractors from California, Nevada factories: CNBC

Tesla Inc is cutting contractors from its U.S. car and battery plants, CNBC reported on Friday, citing workers and a contract staffing agency.



6 years ago
Fiat Chrysler starts ventilator component output in Italy

Fiat Chrysler starts ventilator component output in Italy

Fiat Chrysler (FCA) has begun producing ventilator parts to help Italy's Siare Engineering boost its output of the medical equipment needed to treat patients during the coronavirus crisis, the carmaker said on Friday.



6 years ago
Exclusive: Airbus weighs sharp cut in single-aisle jet output - sources

Exclusive: Airbus weighs sharp cut in single-aisle jet output - sources

Airbus is studying a sharp cut in production of its single-aisle A320, its biggest-selling family of jets, to accommodate industrial and delivery problems triggered by the coronavirus crisis, three people familiar with the matter said.



6 years ago
U.S. dairy farmers dump milk as pandemic upends food markets

U.S. dairy farmers dump milk as pandemic upends food markets

Dairy farmer Jason Leedle felt his stomach churn when he got the call on Tuesday evening.



6 years ago
Futures dip ahead of payrolls, business activity data

Futures dip ahead of payrolls, business activity data

U.S. stock index futures fell on Friday, with investors awaiting data on non-farm payrolls and business activity to assess the extent of the economic hit from the coronavirus.



6 years ago
'Mom & Pop' firms worry they will be squeezed out of small business coronavirus aid

'Mom & Pop' firms worry they will be squeezed out of small business coronavirus aid

Family-owned restaurants fear they could be pitted against larger competitors, hotel chains and potentially investment funds in a race starting on Friday for a $349 billion pot of money the U.S. government will offer businesses hard-hit by coronavirus.



6 years ago
H&M sees second-quarter loss, plans cost cuts as pandemic slams sales in March

H&M sees second-quarter loss, plans cost cuts as pandemic slams sales in March

Sweden's H&M , the world's second-biggest clothing retailer, said on Friday it expected a loss in the second quarter after reporting a 46% plunge in March sales as the coronavirus pandemic took a toll on the retail sector.



6 years ago
Small businesses have 'a million questions' about paycheck relief loan as applications come due

Small businesses have 'a million questions' about paycheck relief loan as applications come due

As the SBA prepares to start accepting applications for payroll relief loans on Friday, business owners are confused about the program's details.

6 years ago
Not for the first time, Central Park is providing hospital beds

Not for the first time, Central Park is providing hospital beds

New York's growing number of COVID-19 cases has temporary hospitals springing up around the city. It's not Central Park's first-ever hospital, though.

6 years ago
China probes alleged fraud at Luckin Coffee, banks review IPO work

China probes alleged fraud at Luckin Coffee, banks review IPO work

China's securities regulator said on Friday it would investigate claims of fraud at Luckin Coffee Inc and sources said some of the banks involved in the Chinese chain's successful U.S. IPO last year were reviewing their work in the listing.



6 years ago
Do I need to file a tax return to get a coronavirus stimulus check? Here are answers to more of your top questions

Do I need to file a tax return to get a coronavirus stimulus check? Here are answers to more of your top questions

Coronavirus stimulus checks are coming. Do I need to do anything to get paid? Here's what we know so far about delivery dates, who should file with the IRS now and who is and isn't eligible for financial relief.

6 years ago
Disney to furlough some U.S. employees in wake of coronavirus

Disney to furlough some U.S. employees in wake of coronavirus

Walt Disney Co said on Thursday it will start furloughs of non-essential U.S. employees across the company on April 19, a response to the global coronavirus outbreak that has shut down or disrupted its media and theme park businesses.



6 years ago
Oil refiners face reckoning as demand plummets

Oil refiners face reckoning as demand plummets

The global oil refining industry is facing a reckoning from falling fuel demand that is the deepest and fastest ever.



6 years ago
GM rolls out safety protocols for ventilator-making workers

GM rolls out safety protocols for ventilator-making workers

General Motors Co on Thursday rolled out a series of safety measures for workers in Indiana who will make ventilators, outlining what could be a blueprint for opening U.S. auto plants in the coming weeks.



6 years ago
Bayer says glyphosate settlement talks delayed by coronavirus-Handelsblatt

Bayer says glyphosate settlement talks delayed by coronavirus-Handelsblatt

Talks between Bayer AG and plaintiff lawyers to settle claims that the German company's glyphosate-based weedkillers cause cancer have been slowed by the coronavirus pandemic, Bayer's Chief Executive told daily Handelsblatt.



6 years ago