Latest News on private equities market

Uber appoints former Mattel CEO Robert Eckert to board

Uber appoints former Mattel CEO Robert Eckert to board

Uber Technologies Inc said on Monday it had appointed consumer industry veteran Robert Eckert to its board as an independent director.



6 years ago
PG&E to plead guilty to 84 involuntary manslaughter counts over 2018 wildfire

PG&E to plead guilty to 84 involuntary manslaughter counts over 2018 wildfire

Pacific Gas & Electric has agreed to plead guilty to 84 involuntary manslaughter counts in connection with the 2018 Camp Fire, the most destructive wildfire in California's history.



6 years ago
Coronavirus fears spark surge in a volatility-focused ETN, but with a downside

Coronavirus fears spark surge in a volatility-focused ETN, but with a downside

A product that traders use to profit from surges in volatility has soared as coronavirus fears ravaged stocks, prompting concern about a plunge if the market's wild swings subside.



6 years ago
Trump administration isn't going far enough to help student loan borrowers, critics say

Trump administration isn't going far enough to help student loan borrowers, critics say

Consumer advocates and former government officials say the Trump administration must do more to help student loan borrowers during the coronavirus pandemic.

6 years ago
Investor David Tepper says the US needs to do 'whatever it takes' to mass produce ventilators now

Investor David Tepper says the US needs to do 'whatever it takes' to mass produce ventilators now

The bllionaire hedge fund manager said mass production of ventilators is a key part of ending the lockdown period from the coronavirus crisis.

6 years ago
Here's why Senate Democrats want to give Social Security beneficiaries an extra $200 per month amid coronavirus scare

Here's why Senate Democrats want to give Social Security beneficiaries an extra $200 per month amid coronavirus scare

Several Senate Democrats are calling for a $200 per month Social Security benefit boost to help older and disabled beneficiaries cope with higher costs amid the coronavirus. Meanwhile, another proposal to give employers a break on FICA taxes could diminish Social Security's funds. Here's what advocates are watching on Capitol Hill.

6 years ago
David Tepper says he's buying some tech stocks, but market may have 10% to 15% more to fall

David Tepper says he's buying some tech stocks, but market may have 10% to 15% more to fall

Billionaire investor David Tepper said he is "nibbling" at some stocks, particularly in the tech sector, as the broader market tumbles amid the coronavirus outbreak.

6 years ago
Wall Street falls as Fed fails to assuage virus worries

Wall Street falls as Fed fails to assuage virus worries

Wall Street slipped on Monday as the still rapidly spreading coronavirus forced more U.S. states into lockdown, eclipsing optimism from an unprecedented round of policy easing by the Federal Reserve.



6 years ago
GE's aviation unit to cut 10% of U.S. workforce: CEO

GE's aviation unit to cut 10% of U.S. workforce: CEO

General Electric Co's aviation unit will cut its U.S. workforce by about 10%, Chief Executive Officer Larry Culp said in a letter to staff on Monday, as a shattered airline industry sought state support to survive the coronavirus crisis.



6 years ago
These banks are offering coronavirus financial aid

These banks are offering coronavirus financial aid

From emergency loans to deferred payments, credit unions and banks across the country are making accommodations for Americans impacted by COVID-19.

6 years ago
Airlines ground flights, count mounting costs of the coronavirus shock

Airlines ground flights, count mounting costs of the coronavirus shock

Airlines across the globe are feeling the pain as travel demand withers because of the coronavirus outbreak, scrapping flights and ditching financial forecasts.



6 years ago
Fed aims 'bazooka' at coronavirus to backstop economy

Fed aims 'bazooka' at coronavirus to backstop economy

The U.S. Federal Reserve on Monday rolled out an extraordinary new array of programs aimed at blunting the "severe disruptions" to the economy caused by the coronarvirus outbreak, backstopping an unprecedented range of credit for households, small businesses and major employers.



6 years ago
Survey finds Canadian small businesses seeing 50 percent revenue decline amid COVID-19

Survey finds Canadian small businesses seeing 50 percent revenue decline amid COVID-19

Betakit | Meagan Simpson | March 20, 2020 A survey conducted by Toronto-based FinTech startup Lending Loop has found that Canadian small businesses have seen an average revenue decline of more than 63 percent amid the COVID-19 pandemic. Lending Loop has been collecting data over the past few days from over 100 companies on the

6 years ago
Hawaii launches state-initiated digital currency sandbox

Hawaii launches state-initiated digital currency sandbox

Micky | Ali Qamar | March 21, 2020 The State of Hawaii has recently introduced a pilot program dubbed as the ‘Digital Currency Innovation Lab’ aimed at being a ‘testbed for innovation in the digital currency space.’ On March 17, Hawaii’s governor office revealed that the state’s very first state-initiated blockchain and cryptocurrency incubator is

6 years ago
Dow wipes out all the gains since Trump's election

Dow wipes out all the gains since Trump's election

The Dow's steep drop on Monday pushed the 30-stock index below the level where it closed on Nov. 8, 2016, the day Trump won his election.

6 years ago