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Latest News on private equity markets

College enrollment likely to drop as schools consider staying closed until 2021

Colleges at risk of losing tuition dollars must embrace cost-cutting measures like furloughing staff, slashing financial aid budgets or face going out of business entirely.

5 years ago

Bayer takes tough stance in glyphosate settlement talks due to downturn

Bayer said the economic downturn and the need to preserve cash means it is taking a tougher stance in talks to settle claims over accusations that its glyphosate-based weedkillers cause cancer, even as its earnings rose.



5 years ago

Airlines get selective boost from coronavirus bailouts

Progress towards coronavirus bailouts buoyed the shares of Lufthansa and Air France-KLM on Monday, as the protracted travel slump turned up the heat on rivals yet to secure financing needed to tide them through the pandemic.



5 years ago

U.S. payroll protection program: What has changed in round two?

The Small Business Administration on Monday began to allow lenders to process $310 billion in funds for the second round of its program that aims to help small businesses, hurt by the novel coronavirus disruption, to cover their payroll costs.



5 years ago

Wall Street gains as U.S. states start to reopen

U.S. stock markets rose on Monday as more states prepared to lift coronavirus-induced curbs and investors geared up for the busiest week of quarterly earnings reports, including from tech titans Apple and Microsoft.



5 years ago

Wall Street gathers steam as U.S. states prepare to reopen

U.S. stock markets jumped more than 1% on Monday as more states prepared to ease stay-at-home orders and investors geared up for one of the busiest weeks of quarterly earnings reports, including from tech titans Apple and Microsoft.



5 years ago

U.S. banks in another mad grab for $310 billion in new small business aid

U.S. banks on Monday began another chaotic dash to grab $310 billion in fresh small business aid released by the government, after it changed some of the rules of the first-come-first-served program at the 11th hour.



5 years ago

Gundlach says 'LQD' corporate bond ETF looks like the most overvalued bond asset because of Fed

Jeffrey Gundlach said a popular ETF is incredibly overvalued given some of the Fed's actions to support the economy during coronavirus pandemic.

5 years ago

IRS says it has upgraded the coronavirus stimulus payment app

If you're eagerly waiting for your $1,200 government check, you may have tried the Get My Payment web tool to find out the status of your money or enter in your direct deposit information. Now, that site has gotten an upgrade to make it easier to use.

5 years ago

How the Pandemic Is Pushing Blockchain Forward

Harvard Business Review | Remko van Hoek and Mary Lacity | Apr 27, 2020 Because blockchain technologies are uniquely suited to verifying, securing and sharing data, they’re ideal for managing multi-party, inter-organizational, and cross-border transactions. Over the past five years, enterprises across the globe have vetted the technology with thousands of proofs of concept, but live

5 years ago

Airbus to furlough 3,200 staff at Broughton factory in Wales

Airbus will furlough around 3,200 staff at its Broughton factory in Wales, the European planemaker said on Monday after it warned staff that the coronavirus crisis had put its survival at stake.



5 years ago

McDonald’s is reportedly part of China’s digital currency trial

CNBC | Evelyn Cheng | Apr 24, 202 Key Points China has rolled out a digital currency trial in Xiong’an, an area southwest of Beijing in the Hebei province, according to state-backed media reports. McDonald’s and Subway are reportedly two American firms among 19 companies participating in the trial. The People’s Bank of China (PBOC) has been

5 years ago

Boeing says it will need to borrow more money on coronavirus fallout

Boeing Co will need to borrow more money over the next six months and does not expect to pay dividends again for years, as the U.S. planemaker wrestles with industry fallout from the coronavirus and the grounding of its 737 MAX jet, chief executive Dave Calhoun told shareholders on Monday at its annual general meeting.



5 years ago

Fiat Chrysler resumes van production in Atessa, some other Italian operations

Fiat Chrysler resumed van production on Monday at its Atessa plant in central Italy, a week before the country plans to start lifting a national lockdown put in place to limit the spread of the coronavirus.



5 years ago

Gundlach says 'LQD' corporate bond fund looks like the most overvalued bond asset because of Fed

Jeffrey Gundlach said a popular ETF is incredibly overvalued given some of the Fed's actions to support the economy during coronavirus pandemic.

5 years ago