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Latest News on private equity markets

Will U.S. exchange trading floors still be relevant post-coronavirus?

The coronavirus pandemic has upended U.S. equities trading with unprecedented market volatility and forced bourses like the New York Stock Exchange to close their trading floors, raising questions about the need for such spaces.



5 years ago

Senator Peter Boehm and Senator Colin Deacon give Fintechs a Voice in Canada

The Senate of Canada | May 1, 2020   The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative

5 years ago

Stocks fall as Trump's China tariff threat adds to fears over virus-hit economies

Wall Street took a nosedive on Friday on fears that the world's two largest economies could resume a trade war, dragging down a global stocks index on a day that many financial markets were closed for a holiday.



5 years ago

Rolls-Royce to cut up to 8,000 jobs as aviation crisis bites: FT

British aero-engine maker Rolls-Royce Holdings Plc is planning to slash up to 8,000 jobs, the Financial Times reported https://www.ft.com/content/027ce53d-8770-48a6-ba7b-000d979033b0 on Friday.



5 years ago

Rolls-Royce considering cutting up to 15% of its workforce: source

British aero-engine maker Rolls-Royce Holdings Plc is considering cutting up to 15% of its workforce, a source close to the company told Reuters, with its customers cutting production and airlines parking planes due to the coronavirus pandemic.



5 years ago

How Boeing went from appealing for government aid to snubbing it

In just six weeks, Boeing Co went from seeking government aid to announcing it no longer needed it.



5 years ago

Exclusive: U.S. coronavirus stimulus went to some healthcare providers facing criminal inquiries

Eager to bolster the healthcare system during the coronavirus pandemic, the U.S. government last month sped $30 billion in stimulus payments to most healthcare providers that billed Medicare last year.



5 years ago

NBCUniversal weighs layoffs at media, entertainment units: WSJ

Comcast Corp owned NBCUniversal is evaluating a significant reduction of staff across its portfolio of media and entertainment properties as part of a cost-cutting effort, the Wall Street Journal reported on Friday, citing people familiar with the matter.



5 years ago

Comcast warns of steeper impact of coronavirus as first quarter revenue narrowly misses forecast

Comcast Corp on Thursday reported first quarter revenue that fell shy of Wall Street's estimate, and warned of a weaker second quarter as a result of the coronavirus impact on advertising, theme parks, and films.



5 years ago

Fed expands 'Main Street' program to firms with up to 15,000 workers

The U.S. Federal Reserve on Thursday widened a key program to nurse the "Main Street" economy through the coronavirus pandemic, agreeing to lend to even larger firms, taking on more risk in participation with banks, and hinting at some form of dedicated help for non-profits.



5 years ago

Elon Musk says orders to stay home are ‘fascist’ in expletive-laced rant during Tesla earnings call

CNBC | Lauren Feiner | Apr 29, 2020 Key Points Tesla CEO Elon Musk lashed out at government stay at home orders as “fascist” in an expletive-laced rant on Tesla’s Q1 2020 earnings call. Musk called shelter in place orders “forcibly imprisoning people in their homes against all their constitutional rights, but that’s my opinion,

5 years ago

Pringles maker Kellogg pushes product launches to second half as virus raises costs

Kellogg Co said on Thursday it would push product launches to the second half of 2020, as the breakfast cereal maker invests into additional warehouse space and logistics to meet higher demand brought on by coronavirus-led stockpiling.



5 years ago

AT&T brings ad unit Xandr under WarnerMedia ahead of HBO Max launch

AT&T Inc said on Thursday it will bring its advertising unit Xandr under its WarnerMedia label, which is set to launch its streaming channel HBO Max in May.



5 years ago

Fourth stimulus bill may not be needed if states bounce back: White House official

A fourth bill to provide stimulus to the U.S. economy may not be needed if states are able to successfully reopen their economies "relatively quickly," as some forecasters expect, a White House economic adviser said on Thursday.



5 years ago

Telegram Caves to US Regulators: Delays Blockchain Launch, Offers to Return $1.2B to Investors

Coindesk | Anna Baydakova | Apr 30, 2020 Messaging app Telegram postponed the launch of its TON blockchain for a second time on Wednesday, pushing the new go-live date to April 2021 and triggering a costly clawback clause in its agreement with token-sale investors. According to a letter to investors obtained by CoinDesk, Telegram is

5 years ago