Latest News on private equities market

Comment Period Ends on Proposal to Update the US Definition of an Accredited Investor. So Who Said What?

Crowdfund Insider | JD Alois | March 18, 2020 Towards the end of 2019, the Securities and Exchange Commission (SEC) proposed an update to the definition of an accredited investor. The rule change is part of a broader “concept release” that the SEC has issued to review the exempt offering ecosystem and how this can

5 years ago

Federal student loan rates set to hit historic lows

A recent surge in demand for safe-haven investments sent the yield on the benchmark 10-year Treasury note to an all-time low. Student loan borrowers will benefit in the year ahead.

5 years ago

Senate Democrats propose canceling $10,000 in student debt for all borrowers amid coronavirus

A plan unveiled on Thursday by Senate Democrats to forgive $10,000 in student debt amid the coronavirus goes much further than the Trump administration's temporary interest waiver.

5 years ago

Trump says he would support government taking stake in certain companies

President Donald Trump on Thursday opened the door to a radical shift in the U.S. government's relationship to private industry as the coronavirus outbreak upends the nation's economy, saying he would back the government taking stakes in certain companies.



5 years ago

Exhausted Dutch minister leading coronavirus fight quits

The minister leading the Dutch government's fight against the coronavirus resigned on Thursday, a day after collapsing from exhaustion during a parliamentary debate on the epidemic.



5 years ago

U.S. oil surges 20% after three-day sell off

U.S. oil prices rose 20% on Thursday, recouping some losses from a sell-off that drove prices to near 20-year lows, but analysts saw the rebound as a brief reprieve, anticipating more weakness as the coronavirus outbreak takes its toll on global demand.



5 years ago

Trump says he will enter Saudi-Russia oil fray at appropriate time

U.S. President Donald Trump on Thursday said he would get involved in the oil price war between Saudi Arabia and Russia at the appropriate time, saying low gasoline prices were good for U.S. consumers even as they were hurting the industry.



5 years ago

CDC reports 10,491 coronavirus cases, 150 deaths

The U.S. Centers for Disease Control and Prevention (CDC) on Thursday reported 10,491 cases of coronavirus, an increase of 3,404 from its previous count, and said the death toll had risen by 53 to 150, the biggest one-day jump so far.



5 years ago

Wall Street ekes out gains as Fed steps in

Wall Street tried to bounce back on Thursday from dramatic losses in the previous session, as policymakers around the world pulled out all the stops to try and stave off a deep and lasting coronavirus-driven recession.



5 years ago

Exclusive: Ferrari and Fiat look at helping Italy make ventilators in coronavirus crisis

Italian carmakers Ferrari and Fiat Chrysler are in talks with the nation's biggest ventilator manufacturer to help to boost production of the life-saving machines that are urgently needed in the coronavirus crisis, company officials said on Thursday.



5 years ago

Amazon asks shoppers to cooperate with U.S. probe of third-party sellers

Amazon.com Inc has started asking customers to cooperate with a Department of Justice criminal investigation of third-party sellers on its e-commerce marketplace, according to an email seen by Reuters.



5 years ago

American Airlines says bookings still falling, working on more flight cuts

American Airlines Group Inc is working on more network reductions "in real-time" as it sees booking continuing to decline, President Robert Isom told employees in a letter on Thursday.



5 years ago

Coronavirus patients flood hospitals in Swiss canton next to Italy

The southern Swiss canton of Ticino on the border with Italy is being swamped with coronavirus patients and authorities are battling to find enough intensive care beds, a top public health official said on Thursday.



5 years ago

Rich world pumps aid as coronavirus deaths in Italy overtake China

The world's richest nations poured unprecedented aid into the global economy on Thursday as coronavirus cases ballooned in the new epicentre Europe, with the number of deaths in Italy outstripping those in mainland China where the virus originated.



5 years ago

Uber shares soar after CEO says has enough cash to ride out coronavirus crisis

Shares of Uber Technologies Inc surged as much as 44% on Thursday after Chief Executive Officer Dara Khosrowshahi said it had plenty of cash on hand to tide over the coronavirus crisis and signaled a recovery in some parts of its business.



5 years ago