Latest News on private equities market

Ford to suspend production in Brazil, Argentina due to coronavirus

Ford Motor Co on Thursday said it will suspend production in Brazil and Argentina starting next week due to the coronavirus outbreak, joining General Motors Co and Mercedes Benz which have also announced similar measures in Brazil.



5 years ago

GM Mexico to halt operations at San Luis Potosi plant from March 20-April 13

General Motors Co said on Thursday that it will suspend operations at its plant in Mexico's San Luis Potosi state from March 20 to April 13 due to the coronavirus outbreak.



5 years ago

Former Uber self-driving head Levandowski agrees to plea deal over Google secrets

Anthony Levandowski, known for advancing self-driving car technology in the last decade, agreed to plead guilty on Thursday to taking sensitive documents from his former employer Google before joining rival Uber Technologies Inc.



5 years ago

Brazil records seventh coronavirus death, closes land borders

Brazil's coronavirus death toll rose to seven on Thursday, including the first fatalities in tourist hotspot Rio de Janeiro, as Latin America's largest nation closed more borders to visitors and the foreign minister waded into a diplomatic spat with China.



5 years ago

Sellers' Amazon loans at risk as company limits warehouses to essential goods

Some Amazon sellers say the online retailer's abrupt decision to stop receiving non-essential inventory in response to the coronavirus pandemic could strangle the sales they need to make payments on their Amazon loans.



5 years ago

JPMorgan's Jamie Dimon recovering well, mid-April return possible: source

JPMorgan Chase & Co Chief Executive Officer Jamie Dimon's recovery from recent heart surgery is going well and the face of the U.S. banking industry could be back to work as soon as mid-April, a source said on Thursday.



5 years ago

LVMH considering buying Tiffany's shares on open market: Bloomberg News

French luxury goods maker LVMH , which last year agreed to buy Tiffany & Co for $16.2 billion, is considering buying shares of the U.S. jeweler for less on the open market, Bloomberg News reported https://www.bloomberg.com/news/articles/2020-03-19/lvmh-is-said-to-consider-buying-tiffany-shares-on-open-market on Thursday, citing people familiar with the matter.



5 years ago

Panama, Colombia ban international flights as LATAM Airlines halves wages

Latin America's largest carrier on Thursday cut the salaries of its 43,000 workers as Panama and Colombia imposed the toughest regional travel bans yet - a month of no international travel - to weather the coronavirus crisis.



5 years ago

Governments offer financial lifelines to airlines, at a price

Shattered airlines were left counting the cost of government support as politicians in the United States and New Zealand set out conditions for bailouts needed to absorb the shock of coronavirus.



5 years ago

For U.S. small restaurants, coronavirus impact is swift and brutal

On St. Patrick's Day last year, Amy and Chris Hillyard marked the 30th anniversary of Farley's, their pair of cafes in San Francisco and Oakland, California, with live bagpipes and noisy crowds.



5 years ago

Tesla suspends production at U.S. vehicle factory due to coronavirus

Tesla Inc on Thursday ended a standoff with local California authorities concerned about the spread of the coronavirus, saying it will suspend production at its San Francisco Bay Area vehicle factory on March 24.



5 years ago

'How did things end up like this?' America's newly unemployed grapple with coronavirus fallout

By Barbara Goldberg, Nate Raymond, Jessica Resnick-Ault and Lucy Nicholson



5 years ago

Fast food chains easing rent, fees for franchisees amid coronavirus

Dunkin' Brands Group Inc on Thursday said it will ease royalty and advertising fee payments for franchisees in the United States and Canada, while McDonald's Corp is in talks to reduce some payments for franchisees.



5 years ago

Renault board to meet, discuss coronavirus crisis: sources

The board of French carmaker Renault will meet on Friday to discuss the coronavirus outbreak and its effect on operations, three sources close to the company said.



5 years ago

Boeing eyes production pause as virus spreads: sources

Boeing Co is leaning toward a temporary work stoppage at its twin-aisle jetliner factories due to the spread of coronavirus, people familiar with the matter said on Thursday, echoing a similar move by European rival Airbus SE .



5 years ago