Latest News on private equities market

Many Disney shareholders push back against executive pay

Many Disney shareholders push back against executive pay

A large minority of Walt Disney Co shareholders who cast votes at the company's annual meeting on Wednesday opposed the company's executive pay plan, Disney said.



6 years ago
Citigroup hires Loretta Ko to head financial institution group

Citigroup hires Loretta Ko to head financial institution group

Citigroup has hired Loretta Ko to return to the investment bank and head its financial institutions group (FIG) for Hong Kong, the bank said on Wednesday.



6 years ago
Warren Buffett to wait until April 1 to assess Berkshire Hathaway annual meeting: Omaha mayor

Warren Buffett to wait until April 1 to assess Berkshire Hathaway annual meeting: Omaha mayor

Warren Buffett intends to wait until around April 1 to decide whether the coronavirus outbreak will require changes to Berkshire Hathaway Inc's annual shareholder weekend a month later, Omaha, Nebraska's mayor Jean Stothert said.



6 years ago
FAA chief confirms agency did not approve Boeing wiring bundles proposal

FAA chief confirms agency did not approve Boeing wiring bundles proposal

Federal Aviation Administration chief Steve Dickson confirmed Wednesday the agency has rejected Boeing Co's proposal to leave wiring bundles in place on the grounded 737 MAX.



6 years ago
Got a high-deductible health plan? It may cover the cost of coronavirus testing

Got a high-deductible health plan? It may cover the cost of coronavirus testing

The IRS is giving some relief to individuals in high-deductible medical plans: Their insurance may cover the cost of COVID-19 testing and treatment. Be aware this is guidance and not a mandate, so check with your plan first.

6 years ago
Bombardier CEO Alain Bellemare to leave company

Bombardier CEO Alain Bellemare to leave company

Bombardier Inc said late Wednesday Chief Executive Officer Alain Bellemare would leave the company.



6 years ago
U.S. senator says Trump administration mulling use of oil reserve to help crude producers

U.S. senator says Trump administration mulling use of oil reserve to help crude producers

U.S. Senator John Thune said on Wednesday he believes the Trump administration is evaluating use of the Strategic Petroleum Reserve, and other measures, to help oil producers deal with the plunge in crude prices due to the coronavirus and a price war between Saudi Arabia and Russia.



6 years ago
Trump to discuss coronavirus response with Wall Street chiefs

Trump to discuss coronavirus response with Wall Street chiefs

President Donald Trump will meet with Wall Street executives on Wednesday to discuss the financial industry's response to the coronavirus and the toll it is taking on small businesses, markets and the broader economy, the White House said.



6 years ago
Blackstone asks its companies hurt by virus to tap credit lines: BBG

Blackstone asks its companies hurt by virus to tap credit lines: BBG

Private equity firm Blackstone Group Inc is asking companies it controls to draw down their credit lines to avoid liquidity crunch, a Bloomberg reporter tweeted on Wednesday, citing people familiar with the matter.



6 years ago
U.S. oil company workers made a big, bad retirement bet: their own stock

U.S. oil company workers made a big, bad retirement bet: their own stock

Employees at the largest U.S. oil companies have lost around $5 billion in retirement savings since the end of 2018 because of outsized bets on their own slumping stock, according to a Reuters analysis of company disclosures, a trend exacerbated by the recent crash in oil prices.



6 years ago
Exclusive: Boeing to freeze hiring, overtime on 737 MAX, virus impacts: sources

Exclusive: Boeing to freeze hiring, overtime on 737 MAX, virus impacts: sources

Boeing Co is freezing new hiring and overtime except in certain critical areas in efforts to preserve cash due to the coronavirus outbreaks and the 737 MAX grounding, people familiar the matter said on Wednesday.



6 years ago
Saudi Arabia asked state agencies to implement big budget cuts: sources

Saudi Arabia asked state agencies to implement big budget cuts: sources

Saudi Arabia has asked state agencies to submit proposals for cuts of at least 20% to their budgets in a fresh austerity drive to cope with a sharp drop in oil prices, four sources familiar with the matter said.



6 years ago
Unstable coins: cryptoassets, financial regulation and preventing financial crime in the emerging market for digital assets

Unstable coins: cryptoassets, financial regulation and preventing financial crime in the emerging market for digital assets

FCA | Speech:  Therese Chambers | March 6, 2020 Speaker: Therese Chambers, Director of Retail and Regulatory Investigations Event: The Advancement of Digital Assets and Addressing Financial Crime Risk, New York University School of Law Delivered: 5 March 2020 Note: this is the speech as drafted and may differ from delivered version Highlights Cryptoassets such as

6 years ago
Factbox: Airlines count mounting costs of the coronavirus shock

Factbox: Airlines count mounting costs of the coronavirus shock

Airlines across the globe are feeling the pain as travel demand withers because of the coronavirus outbreak. Several have grounded many flights and ditched their financial outlooks.



6 years ago
Warren Buffett prefers waiting to start of April to assess Berkshire Hathaway annual meeting: Omaha mayor

Warren Buffett prefers waiting to start of April to assess Berkshire Hathaway annual meeting: Omaha mayor

The mayor of Omaha, Nebraska said on Wednesday that Warren Buffett would prefer to wait until one month before Berkshire Hathaway Inc's annual shareholder weekend to decide whether to change its plans because of the coronavirus outbreak.



6 years ago