Latest News on private equities market

Amid coronavirus scare, US colleges cancel study abroad programs

Amid coronavirus scare, US colleges cancel study abroad programs

In the face of a global health emergency, some university study abroad programs are sending students home immediately. Others are staying open — for now.

6 years ago
Delta Air waives travel change fees for South Korea as coronavirus spreads

Delta Air waives travel change fees for South Korea as coronavirus spreads

Delta Air Lines Inc said on Wednesday it has expanded its travel change fee waiver to include Seoul, South Korea, through April 30, as coronavirus spreads to regions outside China.



6 years ago
Wall Street on firm footing after virus-driven selloff

Wall Street on firm footing after virus-driven selloff

U.S. stocks rose on Wednesday after a rocky start to the week that shaved off more than 6% from each of the main indexes on growth fears as the coronavirus spread in several countries.



6 years ago
U.S. Supreme Court allows retirement plan lawsuit against Intel

U.S. Supreme Court allows retirement plan lawsuit against Intel

The U.S. Supreme Court on Wednesday refused to back stricter deadlines for workers to sue retirement plans over alleged mismanagement, ruling Intel Corp cannot avoid a suit accusing it of unlawfully making high-risk investments that cost retirement plan beneficiaries hundreds of millions of dollars.



6 years ago
Oil inches up on U.S. crude inventories, coronavirus limits gains

Oil inches up on U.S. crude inventories, coronavirus limits gains

Oil prices edged up on Wednesday after U.S. crude in storage grew less than expected and gasoline inventories dropped, but hundreds of new coronavirus cases reported in Asia, Europe and oil-producing countries in the Middle East limited gains.



6 years ago
Debt among oldest Americans skyrockets 543% in two decades

Debt among oldest Americans skyrockets 543% in two decades

Debt among older Americans has increased dramatically since 1999, due partly to the erosion of the country's social safety net.

6 years ago
ESG investing is a 'complete fraud,' Chamath Palihapitiya says

ESG investing is a 'complete fraud,' Chamath Palihapitiya says

Social Capital founder Chamath Palihapitiya said ESG investing is 'a lot of sizzle, no steak.'

6 years ago
Microsoft expects Windows unit to miss revenue outlook on coronavirus impact

Microsoft expects Windows unit to miss revenue outlook on coronavirus impact

Microsoft Inc said on Wednesday it does not expect to meet the third-quarter revenue forecast for its 'more personal computing' business, as a result of the coronavirus outbreak, sending its shares down more than 1% in after-market trading.



6 years ago
Warren Buffett is 'completely wrong and outdated' on bitcoin, Chamath Palihapitiya says

Warren Buffett is 'completely wrong and outdated' on bitcoin, Chamath Palihapitiya says

Billionaire investor Chamath Palihapitiya disagrees with Berkshire Hathaway chairman Warren Buffett on the value of bitcoin.

6 years ago
Wall Street gains ground after virus-driven selloff

Wall Street gains ground after virus-driven selloff

Wall Street's main indexes rose about 1% on Wednesday after suffering their worst four-day percentage fall in more than a year on fears of the economic damage from the global spread of the coronavirus.



6 years ago
Virgin Money plans to cut 500 jobs and close 52 branches

Virgin Money plans to cut 500 jobs and close 52 branches

British challenger bank Virgin Money is planning to cut 500 jobs as it presses ahead with cost-cutting after bulking up through the merger of Virgin Money and Clydesdale and Yorkshire Banking Group in 2018, it said on Wednesday.



6 years ago
Walmart in talks with third parties over investment in UK arm Asda

Walmart in talks with third parties over investment in UK arm Asda

Walmart , the world's largest retailer, is in talks with third parties regarding a possible investment in Asda, its UK supermarket arm that it tried, and failed, to merge with rival Sainsbury's last year.



6 years ago
S&P 500 falls for fifth session as virus concerns weigh

S&P 500 falls for fifth session as virus concerns weigh

The S&P 500 fell for a fifth straight day in a volatile session as investors reacted to the latest headlines regarding the spread of coronavirus and sought to gauge the economic fallout.



6 years ago
Wall Street falls more slowly as investors parse coronavirus fears

Wall Street falls more slowly as investors parse coronavirus fears

The S&P 500 fell for a fifth straight day on Wednesday and while its decline was slower than the last few days, the session was volatile as investors reacted to headlines about coronavirus and sought to gauge its economic fallout.



6 years ago
Guggenheim's Scott Minerd says 'we've reached a tipping point' with the coronavirus outbreak

Guggenheim's Scott Minerd says 'we've reached a tipping point' with the coronavirus outbreak

Scott Minerd said on "Closing Bell" the effects of the virus would soon begin to appear in corporate earnings and the global supply chain.

6 years ago