Latest News on private equity markets

Will pandemic force your college to go bankrupt?

As the spring semester comes and goes, the future looks even more uncertain for colleges and universities across the country.

5 years ago

These restrictions on coronavirus loans may surprise business owners

Thousands of business owners have received coronavirus aid through the Economic Injury Disaster Loan program. The terms may catch some off guard.

5 years ago

Dollar chains report surge in sales on coronavirus-driven demand

The top two U.S. dollar store chains reported better-than-expected quarterly sales and profit on Thursday, benefiting from a surge in demand for affordable groceries and household essentials amid the COVID-19 pandemic.



5 years ago

Exclusive: TikTok owner ByteDance moves to shift power out of China - sources

TikTok's poaching of Disney's Kevin Mayer to be its CEO was just the most visible part of a broader strategy by its Chinese owner to shift its centre of power away from China at a time of rising global tensions, several people familiar with the plans said.



5 years ago

Nissan must watch cash given possible risk of second virus outbreak: CEO

Nissan Motor Co's cash situation is "tough" as the coronavirus has sapped car sales, and the automaker must be vigilant in the coming months as a second wave of infections may add to liquidity issues, CEO Makoto Uchida told Reuters on Thursday.



5 years ago

Here's how unpaid debt is handled when a person dies

Several factors determine how unpaid obligations are treated at death, including the type of debt and whose name is on it, as well as applicable state laws.

5 years ago

Economy faces long-term damage even as businesses reopen, Mark Zandi says

The U.S. economy could take years to rebound as it faces longer-term challenges from sharpest downturn in history, according to Moody's Analytics chief economist Mark Zandi.

5 years ago

Nissan workers protest against closure of Barcelona plant

Hundreds of workers burning tyres and shouting "war" blockaded Nissan Motor Co's Barcelona plant on Thursday after the Japanese carmaker announced it would shut it from December as part of a global restructuring plan to slash costs.



5 years ago

S&P 500, Dow open higher as Boeing resumes 737 MAX production

The S&P 500 and Dow Jones indexes opened higher on Thursday, boosted by Boeing shares as the planemaker resumed production of its 737 MAX jets, but simmering tensions between the United States and China kept investors on edge.



5 years ago

Here's one way to deal with coronavirus anxiety — try laughing

Science shows that laughter reduces the stress response. Here's how it worked for one single mom.

5 years ago

Oil prices steady, awaiting confirmation of surprise U.S. inventory build

Oil futures steadied on Thursday as the market awaited confirmation of industry data that showed a surprise increase in U.S. crude stocks, which offset hopes for a demand recovery as coronavirus lockdowns ease.



5 years ago

Debt balances rise as the debate over extending student loan forgiveness continues in Congress

As the debate over extending student loan forgiveness continues in Congress, this year's crop of high school graduates are taking on more college debt.

5 years ago

Despite rally, 2020 to be worst year for stocks in nearly a decade: Reuters poll

This year will be the worst for many world stock markets in nearly a decade at least, although a majority of equity strategists polled by Reuters say top indexes will not revisit lows struck this March following an explosive rally since then.



5 years ago

Trump executive order takes aim at social media firms: draft

U.S. President Donald Trump is expected to order a review of a law that has long protected Twitter, Facebook and Alphabet's Google from being responsible for the material posted by their users, according to a draft executive order and a source familiar with the situation.



5 years ago

Coronavirus unleashing new wave of U.S. layoffs

The number of Americans filing for unemployment benefits held above 2 million last week for a 10th straight week amid job cuts by U.S. state and local governments whose budgets have been decimated fighting the COVID-19 pandemic and more second-wave layoffs in the private sector.



5 years ago