Latest News on private equities market

Six messages to reassure kids when COVID-19 hits your family financially

Six messages to reassure kids when COVID-19 hits your family financially

When coronavirus impacts a family's finances, money discussions are more important than ever — to keep kids informed and reassured.

6 years ago
The US economy has come to a standstill, satellite imagery shows

The US economy has come to a standstill, satellite imagery shows

The coronavirus crisis is bringing the United States economy to screeching halt, as satellite imagery shows every sector getting hit.

6 years ago
Airbnb suspends marketing to save $800 million, top executives take pay cut: source

Airbnb suspends marketing to save $800 million, top executives take pay cut: source

Airbnb Inc has suspended all its marketing activities to save $800 million this year, and its founders will take no salary for the next six months while top executives will take a 50% cut, according to a person familiar with the matter.



6 years ago
GM reaches $120 million settlement over lost vehicle value from defective ignition switches

GM reaches $120 million settlement over lost vehicle value from defective ignition switches

General Motors Co has reached a $120 million settlement with drivers who claimed that their vehicles lost value because of defective ignition switches, which have been linked to 124 deaths.



6 years ago
Trump tells GM: Stop 'wasting time', build ventilators to address coronavirus

Trump tells GM: Stop 'wasting time', build ventilators to address coronavirus

U.S. President Donald Trump on Friday invoked emergency powers to require General Motors Co to build much-needed ventilators for coronavirus patients after he accused the largest U.S. automaker of "wasting time" during negotiations.



6 years ago
Congress passes plan to send taxpayers $1,200 checks in coronavirus aid. How to get yours

Congress passes plan to send taxpayers $1,200 checks in coronavirus aid. How to get yours

U.S. lawmakers finalized a sweeping new $2 trillion stimulus bill that includes checks for individual Americans. Here's how much you may expect to receive to help offset the coronvirus's pinch on your wallet.

6 years ago
Fed sets fee structure for BlackRock's role in mortgage bond purchases

Fed sets fee structure for BlackRock's role in mortgage bond purchases

BlackRock Inc will earn less than $8 million a year in fees for its role assisting the Federal Reserve with its purchases of commercial mortgage-backed securities, one of the new programs the central bank is rolling out to backstop an economy under threat from the coronavirus outbreak, according to details of the arrangement released on Friday.



6 years ago
Wall Street tumbles as U.S. virus cases pass 100,000

Wall Street tumbles as U.S. virus cases pass 100,000

Wall Street stocks tumbled on Friday, ending a massive three-day surge after doubts about the fate of the U.S. economy resurfaced and the number of coronavirus cases in the country climbed.



6 years ago
U.S. airlines expect clarity on terms of payroll grants in 5-10 days: UAL senior executives

U.S. airlines expect clarity on terms of payroll grants in 5-10 days: UAL senior executives

U.S. airlines expect to learn the terms of federal aid meant to protect workers' payrolls in the midst of a sharp downturn from the coronavirus in the next five to 10 days, senior executives at United Airlines Holdings Inc said on Friday.



6 years ago
European airlines resist mounting coronavirus refund claims

European airlines resist mounting coronavirus refund claims

European airlines waiting in line for coronavirus bailouts want to tap another source of interest-free loans: their customers.



6 years ago
U.S. airlines cheer government relief but warn it is no 'cure' for deep industry crisis

U.S. airlines cheer government relief but warn it is no 'cure' for deep industry crisis

United Airlines Holdings Inc and Delta Air Lines welcomed on Friday a $50 billion relief package they said would protect jobs through September but warned that the continued challenges facing the industry will require more action.



6 years ago
Bipartisan majority of Americans reject Trump idea to reopen by Easter: Reuters/Ipsos poll

Bipartisan majority of Americans reject Trump idea to reopen by Easter: Reuters/Ipsos poll

A bipartisan majority of Americans appear to reject an idea floated by President Donald Trump to reopen businesses by Easter, according to a Reuters/Ipsos poll, which also showed that nearly one in four have been laid off or furloughed during the coronavirus outbreak.



6 years ago
Airbnb to halt all marketing, most hiring as losses mount: The Information

Airbnb to halt all marketing, most hiring as losses mount: The Information

Airbnb plans to halt all of its marketing, pause most hiring, and likely withhold employee bonuses as it tries to conserve cash amid a slide in bookings, CEO Brian Chesky told employees in a video conference call, The Information reported on Friday.



6 years ago
Cash-strapped airlines resist mounting coronavirus refund claims

Cash-strapped airlines resist mounting coronavirus refund claims

European airlines waiting in line for coronavirus bailouts want to tap another source of interest-free loans: their customers.



6 years ago
Google-parent Alphabet to donate $800 million in response to coronavirus crisis

Google-parent Alphabet to donate $800 million in response to coronavirus crisis

Alphabet Inc will donate more than $800 million in funds towards producing medical supplies used to fight COVID-19, and in ad credits to government and health organizations and businesses, Chief Executive Officer Sundar Pichai said on Friday.



6 years ago