Latest News on private equities market

Carmakers put brakes on European production as coronavirus hits

Carmakers including Fiat Chrysler, Peugeot and Volkswagen cut production at European plants on Monday as they grappled with the coronavirus crisis and diving demand.



5 years ago

Google parent Alphabet shared YouTube revenue after U.S. SEC request

Alphabet Inc began disclosing revenue for its YouTube video service this year after U.S. securities regulators asked the Google parent to give more "quantitative and qualitative" data on the business, according to filings released Monday.



5 years ago

Deutsche Telekom postpones shareholder meeting over coronavirus

Deutsche Telekom on Monday postponed its March 26 annual general shareholders meeting due to the coronavirus, saying it planned to hold the gathering during the first eight months of this year as required by law.



5 years ago

U.S. markets should stay open despite turmoil, says securities regulator

U.S. markets should stay open despite intense volatility, the head of the U.S. securities regulator said on Monday, quashing industry speculation that the government might shut down the country's exchanges to stop a plunge in stock prices.



5 years ago

Tax deadlines are likely to change. Here's what you need to know

The Trump administration is calling for tax deadline relief, but CPAs and taxpayers are still uncertain as to when documents must be filed and payments need to be made. Here are the next steps you should take.

5 years ago

Wall Street sinks as Fed's shock cut increases worries over virus spread

U.S. stocks fell sharply on Monday as the Federal Reserve's drastic move to cut interest rates to near zero fueled anxiety over the extent of economic damage from the coronavirus pandemic.



5 years ago

U.S. shale oil output to rise to record 9.08 million barrels per day in April - EIA

U.S. oil output growth from the Permian basin is expected to offset declines in every other shale formation in April, helping push overall production up by about 18,000 barrels per day (bpd) to a record 9.08 million bpd, data showed on Monday.



5 years ago

Exclusive: U.S. airports seek $10 billion in government assistance over travel demand collapse - sources

U..S. airports are seeking $10 billion in U.S. government assistance to help offset losses incurred by the sharp drop in travel due to coronavirus, two people briefed on the matter said.



5 years ago

Boeing stock wipes out gains made during ousted CEO Muilenburg's term

Boeing Co's shares plunged another 20% on Monday, erasing all gains recorded during ousted CEO Dennis Muilenburg's tenure, as the mounting economic fallout of the coronavirus pandemic added to uncertainty around the 737 MAX's return to service.



5 years ago

U.S. airlines seek $50 billion government bailout after coronavirus outbreak

Major airlines sought a U.S. government bailout of more than $50 billion as the White House is urgently drafting a financial assistance package in the wake of the steep falloff in U.S. travel demand.



5 years ago

Oil slumps below $30 a barrel as coronavirus spreads, OPEC rancor remains elevated

Oil prices fell below $30 a barrel on Monday as the worldwide coronavirus outbreak worsened over the weekend, exacerbating fears that government lockdowns to contain the spread of the disease would spark a global recession.



5 years ago

Latin America's largest airline to cancel 90% of its international flights

LATAM Airlines Group, the continent's largest carrier, on Monday canceled 90% of its international flights as demand collapsed and countries shut down borders in light of the coronavirus outbreak, leaving the region increasingly isolated.



5 years ago

Exclusive: Airbus draws up contingency plan to slow or halt output - sources

Airbus has drawn up contingency plans to slow or stop production if France is placed under a drastic lockdown due to coronavirus, two people familiar with the matter said.



5 years ago

Starbucks halts dine-in service, focuses on 'to go' in U.S., Canada

Starbucks Corp closed its dine-in areas for at least two weeks at its U.S. and Canadian stores and shifted completely to "to go" service, as restaurants look to curb the rapid spread of the coronavirus outbreak.



5 years ago

Uber Eats waives delivery fee for independent restaurants as virus spreads

Uber Technologies Inc's food delivery business, Uber Eats, said on Monday it would waive delivery fee for independent restaurants across the United States and Canada.



5 years ago