Latest News on private equity markets

Elderly home turns to wearables for contact tracing, sidestepping Apple-Google limits

When a senior living facility in Amarillo, Texas suspected a nurse may have caught the novel coronavirus this month, it had a list within five minutes of staff and residents the nurse could have infected.



5 years ago

Trump floats halt to U.S. cattle imports as pandemic hurts ranchers

President Donald Trump said on Tuesday the United States should consider terminating trade deals under which it imports cattle as the federal government moves to help farmers hard hit by the coronavirus outbreak.



5 years ago

Trump wants payroll tax holiday to mitigate coronavirus economic pain: Kudlow

White House economic adviser Larry Kudlow said on Tuesday that President Donald Trump wants a payroll tax holiday for U.S. workers in the hopes of staunching economic pain caused by the coronavirus pandemic.



5 years ago

U.S. crude strengthens as certain stimulus measures to continue

U.S. crude ended slightly higher on Tuesday, as U.S. Treasury Secretary Steven Mnuchin said he supported extending certain measures intended to bolster the economy, while Brent ended lower on concerns that output cuts might not be sufficient.



5 years ago

Airlines say ticket cancellations slowing; business models may change

Top U.S. airlines and Air Canada on Tuesday reported slower ticket cancellations and an improvement in bookings on some routes, though executives said overall demand remained weak and changes to travel rules may force new business models.



5 years ago

AT&T shuts Venezuela subscription TV unit, citing U.S. sanctions

AT&T Inc said on Tuesday it was shutting its DirecTV subscription access to Venezuela due to U.S. sanctions, cutting off a key source of entertainment for millions of people stuck in their homes under a strict coronavirus quarantine.



5 years ago

Lockheed's F-35 production could slow by 24 jets as COVID-19 hits suppliers

Lockheed Martin said on Tuesday it will slow production of its stealthy F-35 fighter jets at its Texas facility, possibly delaying delivery of between 18 and 24 jets due to a parts shortage as the coronavirus hampers production across the jet's vast supply chain.



5 years ago

Johnson & Johnson to stop selling talc-based baby powder in U.S., Canada

Johnson & Johnson on Tuesday announced that it would stop selling its talc-based Johnson's Baby Powder in the United States and Canada, saying it was part of a broad reassessment of its consumer product portfolio prompted by the coronavirus pandemic.



5 years ago

Lockheed may delay delivery of up to 24 F-35 jets as COVID-19 hits suppliers

Lockheed Martin said on Tuesday it will slow production of its stealthy F-35 fighter jets at its Texas facility, possibly delaying delivery of between 18 and 24 jets due to a parts shortage as the coronavirus hampers production across the jet's vast supply chain.



5 years ago

Exclusive: Third Point founder Daniel Loeb takes over as Munib Islam leaves firm

Billionaire investor Daniel Loeb is taking back the reins as sole chief investment officer at his hedge fund Third Point LLC, less than one year after he appointed long-time colleague Munib Islam to be his co-chief investment officer, according to a letter the firm sent its investors.



5 years ago

U.S. to mandate new safety-management tools for aircraft makers

The Federal Aviation Administration said Tuesday it would require Boeing Co and other aircraft manufacturers to adopt new safety-management tools following two fatal Boeing 737 MAX crashes that killed 346 people.



5 years ago

Euro gains on EU recovery-fund plan, oil wavers

The euro and European government debt rallied on Tuesday, lifted by a Franco-German proposal to fund grants for regions hit hardest by the coronavirus pandemic, while oil traded mostly higher on growing demand as countries eased business lockdowns.



5 years ago

Mining companies rush to shield indigenous communities from coronavirus

Big mining companies that rely on indigenous workforces or operate near remote communities have acted fast to curb the spread of the coronavirus and avoid a public health crisis that could damage their reputations.



5 years ago

GM delays tentative restart for plant in Silao, Mexico to May 21

General Motors Co signaled it has pushed back the tentative date for restarting operations at its auto assembly plant in the central Mexican city of Silao to May 21 from May 20, according to a message to workers seen by Reuters on Tuesday.



5 years ago

MGM, Caesars and Boyd will participate in employee COVID-19 testing plan

The Las Vegas gaming industry will offer COVID-19 tests to employees before they return to work, the Culinary Union announced Tuesday, moving the hard-hit sector a step closer to reopening.



5 years ago