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Latest News on private equity markets

U.S. Supreme Court rules for pipeline in Appalachian Trail dispute

Ruling against environmentalists, the U.S. Supreme Court on Monday decided that the federal government has the authority to allow a proposed $7.5 billion natural gas pipeline to cross under the popular Appalachian Trail in rural Virginia.



5 years ago

Hungary ready to help Audi run local plant at full capacity: Orban

Hungary is ready to give financial support to Audi to help its manufacturing plant in the country run at full operating capacity, Prime Minister Viktor Orban was reported as saying on Monday as he visited the site.



5 years ago

Work in the airline or hospitality industries? Watch out for this hidden financial risk

The specter of mass layoffs is bad enough. The situation could get even worse for employees who hold their employer's stock as prices begin to tank. What you should know about this hidden risk

5 years ago

House Democrats demand big bank CEOs disclose documents about small business loans in coronavirus bailout

The lawmakers want big banks to provide "all formal or informal guidance" from the administration about PPP requirements, and the "prioritization or exclusion" of loan applicants in underserved or rural markets.

5 years ago

Exclusive: U.S. to allow companies to work with Huawei on standards - sources

The U.S. will amend its prohibitions on U.S. companies doing business with China's Huawei to allow them to work together in standards settings for next generation 5G networks, according to people familiar with the matter.



5 years ago

U.S. Federal Reserve resumes normal bank exams

The U.S. Federal Reserve announced Monday it was resuming its normal bank examination activities, after easing back at the outset of the coronavirus pandemic.



5 years ago

Amazon CEO Bezos willing to testify before U.S. Congress: letter

Amazon.com Inc Chief Executive Jeff Bezos is willing to testify to a congressional panel investigating potential violations of U.S. antitrust law by big technology companies, according to a letter from an attorney representing Amazon.



5 years ago

Mnuchin will discuss PPP oversight with Congress after criticism

U.S. Treasury Secretary Steven Mnuchin said on Monday he would talk to Congress about proper oversight of $660 billion in small business economic relief, after previously resisting calls to reveal who received the funds.



5 years ago

Exclusive: BlackRock injects $18 billion into European firms during pandemic - source

The world's biggest asset manager BlackRock has pumped about 16 billion euros ($18 billion) into 810 European companies since the end of January, more than half of them in distress due to the coronavirus pandemic, a source with direct knowledge of the matter told Reuters.



5 years ago

Embraer's commercial aviation chief departs after failed Boeing deal

Planemaker Embraer SA said on Monday that the head of its commercial aviation unit, John Slattery, was leaving the company to become chief executive of aircraft engine-maker GE Aviation , weeks after a $4.2 billion deal with Boeing collapsed.



5 years ago

U.S. crude drops as coronavirus cases spike globally

Oil prices fell on Monday as new coronavirus infections hit the United States and China, feeding worries that renewed lockdowns could hamper economic recovery and dent fuel demand.



5 years ago

Trump administration wants to replace $600 unemployment benefit with back-to-work bonus

The Trump administration doesn't want to extend a federal enhancement to unemployment benefits, which is scheduled to end July 31, according to a senior aide. Instead, it wants to offer a cash bonus for those who return to work.

5 years ago

Exclusive: U.S. to allow companies to work with Huawei on 5G standards - sources

The United States will amend its prohibitions on U.S. companies doing business with China's Huawei to allow them to work together in standards setting for next-generation 5G networks, according to people familiar with the matter.



5 years ago

Oil prices rise on optimism around OPEC+ output pact

Oil prices rose on Monday as signs fuel demand was recovering while OPEC+ members were complying with a production cut deal outweighed fears that new coronavirus infections could further slow the global economy.



5 years ago

The stock market can't sit still. Why you should

If the pandemic has taught investors anything it's that they can't predict what's going to happen next to their portfolio. Their best bet is to hope that what's been true over the last century hasn't changed: over the long-term, stocks go up in value.

5 years ago