Latest News on private equity markets

Cryptocurrency Payments Processor CoinPayments Appoints Jason Butcher as New CEO

Crowdfund Insider | Samantha Hurst | May 14, 2020 Cryptocurrency payments processor CoinPayments announced on Wednesday it has appointed Jason Butcher as its new CEO. CoinPayment reported that Butcher has been its Chief Operating Officer since 2017, and previously as an advisor starting in 2015, helped boost CoinPayments’ monthly transactions to more than $100 million.

5 years ago

San Francisco Bay Area to open for manufacturing, curbside retail

Businesses in the San Francisco Bay Area may open for manufacturing, retail with curbside pickup and warehouse distribution, health directors of five counties that make up most of the region said Monday.



5 years ago

Amazon's French warehouses to reopen with 30% staff: unions

Amazon's French warehouses are set to reopen on Tuesday with about 30% of employees, three union officials said, ending a month-long dispute over whether the e-commerce giant was doing enough to protect workers from the coronavirus pandemic.



5 years ago

5 key moves to make now to protect your financial future if you've been furloughed

A new study is painting a gloomy picture for furloughed Americans, claiming 42% of the temporary layoffs resulting from the coronavirus pandemic will be permanent. If you aren't headed back to work, it's imperative to make moves such as applying for unemployment and health insurance to help relieve some of the financial strain.

5 years ago

Oil on track for two-month high as lockdowns ease, positive vaccine results

Oil prices jumped on Monday, with both U.S. and Brent benchmarks on track for their highest settles in two months, supported by positive early results on a potential coronavirus vaccine and optimism about resumption in economic activity.



5 years ago

Uber to focus on core rides, delivery business as it cuts 23% of workforce

Uber Technologies Inc will concentrate on its core businesses in ride-hailing and food delivery and cut 23% of its workforce in an attempt to become profitable despite the coronavirus pandemic, Chief Executive Officer Dara Khosrowshahi said in an email to employees on Monday.



5 years ago

JPMorgan fills senior leadership roles after February makeover

JPMorgan has made a number of changes in senior positions in its investment bank in the Europe, Middle East and Africa (EMEA) region to support a February reshuffle of the top roles, according to an internal memo seen by Reuters.



5 years ago

Lucky U.S. chickens fly the coop as pandemic hits egg demand

About 1,000 lucky chickens flew on two chartered cargo planes to a California sanctuary from an Iowa farm that has been euthanizing its flock as the coronavirus outbreak slashes restaurant demand for eggs, an animal rights group said.



5 years ago

Ailing icon Thyssenkrupp seeks partners for steel, warship units

Thyssenkrupp on Monday said it was looking for partners for its steel and warship divisions, singling out just three lines of businesses that will stay within the struggling German industrial icon.



5 years ago

More relief could be coming for student loan borrowers

As part of the House bill passed on Friday to deliver relief to a battered economy, people with student loan debt would get some more elbow room amid the pandemic.

5 years ago

Small businesses can apply for PPP loan forgiveness. These questions remain unanswered

Tax professionals and business owners have eagerly been awaiting guidance from Treasury and the Small Business Administration on loan forgiveness. The agencies released an application to help entrepreneurs have their balances erased.

5 years ago

S&P 500 hits 10-week high on vaccine hopes and stimulus promise

U.S. stocks jumped on Monday, and the S&P 500 reached a 10-week high, on encouraging early-stage data for a potential coronavirus vaccine and on the promise of more stimulus to lift an economy beaten down by the pandemic.



5 years ago

Disney's Mayer to become TikTok CEO

Walt Disney Co said on Monday its top streaming executive, Kevin Mayer, will leave to become the Chief Executive Officer of Bytedance's popular video app TikTok.



5 years ago

As flying returns, jetmakers seek to quell fears over cabin air

Jet manufacturers and airlines are launching an urgent initiative to convince nervous travelers that the air they breathe on planes is safe, believing this is critical to rebuilding a travel industry floored by the novel coronavirus.



5 years ago

Square joins Twitter in letting employees work from home permanently

Jack Dorsey-led Square Inc said on Monday that most of its employees can continue to work from home permanently even after offices reopen, following a similar announcement from Twitter Inc, which is also headed by the billionaire.



5 years ago