Latest News on private equities market

Fiat Chrysler to make face masks for North America

Fiat Chrysler to make face masks for North America

Italian-U.S. car giant Fiat Chrysler has confirmed plans to produce a million face masks a month and said it will distribute them to emergency services in North America to help the fight against coronavirus.



6 years ago
Refiner Phillips 66 cuts spending forecast by 18%, commits to dividend

Refiner Phillips 66 cuts spending forecast by 18%, commits to dividend

Refiner Phillips 66 on Tuesday cut its 2020 spending forecast by about 18% and assured investors their dividend was secure even as the coronavirus outbreak and a price war between Saudi Arabia and Russia threaten the oil market with massive oversupply.



6 years ago
Citigroup makes senior hires in United States, Asia

Citigroup makes senior hires in United States, Asia

Citigroup Inc on Tuesday appointed Pam Habner as head of its branded cards division in the United States, as part of hires for many senior roles, according to two memos seen by Reuters.



6 years ago
JD Sports delays results to May, cites ample cash resources

JD Sports delays results to May, cites ample cash resources

Britain's biggest sportswear retailer JD Sports said on Tuesday it has delayed the publication of its financial results to May and has enough cash resources to ride out the coronavirus crisis.



6 years ago
USDA, USTR cite progress on farm provisions of U.S.-China trade deal

USDA, USTR cite progress on farm provisions of U.S.-China trade deal

The United States and China have made progress in implementing the agriculture-related provisions of a Phase 1 trade deal that took effect on Feb. 14, the U.S. Department of Agriculture and U.S. Trade Representative said on Tuesday.



6 years ago
U.S. lawmakers nearing deal for $32 billion aviation sector bailout

U.S. lawmakers nearing deal for $32 billion aviation sector bailout

U.S. lawmakers are nearing agreement on a package of grants for passenger and cargo airlines and contractors worth $32 billion as part of a massive U.S. stimulus and rescue package amid the massive travel demand falloff because of the coronavirus outbreak, three people briefed on the matter said.



6 years ago
As Europe fights coronavirus and climate, is 'green stimulus' the way?

As Europe fights coronavirus and climate, is 'green stimulus' the way?

For European governments battling to brace economies pummeled by the coronavirus, there might be no better time to go green.



6 years ago
Phillips 66 delays scheduled refinery shutdowns on coronavirus concerns

Phillips 66 delays scheduled refinery shutdowns on coronavirus concerns

Phillips 66 is delaying three sizeable scheduled shutdowns at its refineries this year, the company said on Tuesday, because of concerns that coronavirus could spread among the refineries' workers if the maintenance goes ahead.



6 years ago
Trump, Pence held call on economy with investors including Paul Tudor Jones, Stephen Schwarzman

Trump, Pence held call on economy with investors including Paul Tudor Jones, Stephen Schwarzman

Investors on the call included Dan Loeb, Stephen Schwarzman, Intercontinental Exchange's Jeffrey Sprecher and Paul Tudor Jones.

6 years ago
U.S. lawmakers nearing deal for massive aviation sector bailout - sources

U.S. lawmakers nearing deal for massive aviation sector bailout - sources

U.S. lawmakers are nearing agreement on a $61 billion rescue package for the aviation sector that would include $25 billion in payroll grants for passenger airlines weathering a sharp falloff in travel demand amid rising coronavirus outbreaks, three people briefed on the matter said.



6 years ago
Oil pares gains as falling demand worries offset hopes of U.S. aid package

Oil pares gains as falling demand worries offset hopes of U.S. aid package

Oil prices were little changed on Tuesday, giving up an earlier rally, as ongoing worries about the heavy toll the coronavirus pandemic will take on demand offset hopes for a forthcoming $2 trillion U.S. economic relief package.



6 years ago
You now have until July 15 to save in your IRA and health savings accounts

You now have until July 15 to save in your IRA and health savings accounts

Savers, rejoice! The IRS will give you until July 15 to fund your IRA and health savings accounts, and have the contributions count for 2019. Here's what you should know.

6 years ago
U.S. locks in tariffs on wooden cabinets from China

U.S. locks in tariffs on wooden cabinets from China

The U.S. International Trade Commission said on Tuesday it made a final determination that dumped and subsidized imports of wood cabinets and vanities from China were harming American producers, locking in steep U.S. tariffs for five years.



6 years ago
Olympic hopefuls lose more than medals in Summer Games delay

Olympic hopefuls lose more than medals in Summer Games delay

With the postponement of the 2020 Summer Games in Tokyo, Olympic hopefuls lose out on more than just the chance to compete. At stake is thousands of dollars in fees and training costs, and even college years.

6 years ago
Oil little changed as falling demand offsets hopes of U.S. aid package

Oil little changed as falling demand offsets hopes of U.S. aid package

Oil prices rose modestly on Tuesday, but settled off the day's highs as the coronavirus pandemic's heavy toll on demand offset hopes for a forthcoming $2 trillion U.S. economic relief package.



6 years ago