Latest News on private equities market

Americans face new coronavirus challenge: a shortage of coins

Banks across the United States are facing a shortage of coins during coronavirus crisis, prompting the U.S. Federal Reserve to ration distribution and work with the U.S. Mint to boost supply.



4 years ago

Google sets 2025 goal for leadership diversity, curbs on racial profiling

Alphabet Inc's Google on Wednesday announced new goals and policies to address racial issues at its offices, as protests over police brutality against African Americans have carried into discussions about corporate culture.



4 years ago

Unemployment payments backlog draws hundreds to Kentucky's capital

Hundreds of people who lost jobs during the coronavirus crisis but have been unable to get their unemployment insurance checks converged at the Kentucky's Capitol in Frankfort early Wednesday to seek in-person help.



4 years ago

PepsiCo drops Aunt Jemima, criticized for racist history; Uncle Ben's, Mrs. Butterworth's under review

PepsiCo Inc said on Wednesday it will change the name and brand image of its Aunt Jemima pancake mix and syrup, dropping a mascot that has been criticized for a racist history, amid a national debate over racial inequality in the United States.



4 years ago

Google sets 2025 leadership diversity goal, ends 'tailgater' ID checks

Alphabet Inc's Google on Wednesday announced a new hiring goal and security policy to address racial issues at its offices, as protests over police brutality against African Americans have carried into discussions about corporate culture.



4 years ago

Trump administration proposes rolling back protections for big tech

The U.S. Justice Department proposed on Wednesday that Congress take up legislation to curb protections big tech platforms like Alphabet's Google and Facebook have had for decades, a senior official said, following through on President Donald Trump's bid to crack down on tech giants.



4 years ago

Setting up small and medium-size enterprises for restart and recovery

McKinsey & Co | By Abdulaziz Albaz, Tarek Mansour, Tarek Rida, and Jörg Schubert | Jun 9, 2020 Small and medium-size enterprises are a critical engine for the global economy. In the wake of the pandemic, governments can take four actions to maximize the impact of existing support measures. Governments’ economic responses to the COVID-19

4 years ago

Ex-Morgan Stanley diversity officer says bank slashed her budget by 71%

A lawyer representing a former Morgan Stanley diversity officer who is suing the bank over racial discrimination said on Wednesday the bank cut her client's budget for promoting diversity and financial education by 71% from the time she started in wealth management to 2019.



4 years ago

Asian stocks set to fall as Wall St snaps 3-day winning streak

Asian stocks were set to dip on Thursday after a choppy Wall Street session as spiking coronavirus cases and prospects of new lockdowns erased earlier confidence about a global economic recovery.



4 years ago

Google, Fitbit deal may hamper competition: Australian regulator

Australia's consumer watchdog said on Thursday it had concerns that Alphabet Inc-owned Google's planned $2.1 billion acquisition of fitness tracker company Fitbit may hinder competition in digital advertising and health markets.



4 years ago

Glass Lewis opposes Tesla chairwoman's re-election to Board: Bloomberg News

Proxy-adviser Glass Lewis has urged Tesla Inc investors to vote against re-electing chairwoman Robyn Denholm to the company's board due to an arrangement with Elon Musk that raises corporate governance concerns, Bloomberg reported on Wednesday.



4 years ago

Oil prices drop on demand worries as coronavirus cases rise

Oil prices fell more than 1% in early trade on Thursday as a spike in new coronavirus cases in China and the United States renewed fears that people would stay home and stall a recovery in fuel demand even as lockdowns ease.



4 years ago

Dollar holds advantage as anxiety grows over rise in coronavirus cases

The dollar held onto gains on Thursday as growing concerns about a rise in coronavirus cases underpinned safe-haven demand for the U.S. currency.



4 years ago

Global stocks retreat on rising second wave fears

Asian stocks and Wall Street futures fell on Wednesday as spiking coronavirus cases in some U.S. states and China crushed hopes of a quick global economic comeback from the pandemic.



4 years ago

Dollar and yen gain on worries about virus and economic outlook

The dollar and the yen edged higher on Thursday as growing concerns about a rise in coronavirus cases underpinned safe-haven demand for both currencies.



4 years ago