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Latest News on private equity markets

Greene King furloughs over 36,000 employees as pandemic shuts pubs

British pub operator Greene King has furloughed more than 36,000 employees, owner CK Asset Holdings said on Friday, as government measures to halt the spread of the coronavirus has led to the closure of all its pubs in the UK.



5 years ago

How to Talk About Your Crowdfunding Raise

When planning for a crowdfunding raise, you should have a game plan on how you will talk about it – including what you should and shouldn’t say. Continue reading

5 years ago

Ryanair could see job losses if flights grounded beyond May: CEO

Ryanair may see job losses if flights remain grounded due to coronavirus restrictions on travel beyond May, Chief Executive Michael O'Leary said on Friday.



5 years ago

S&P 500 gains on hopes of lockdown easing; Boeing, Intel weigh on Dow

The S&P 500 edged higher in choppy trading on Friday as some states prepared to relax curbs imposed to contain the coronavirus outbreak, but declines in Intel and Boeing weighed on the blue-chip Dow Jones.



5 years ago

AT&T announces John Stankey will become CEO on July 1

AT&T Inc said Friday that Chief Operating Officer John Stankey will take over as chief executive officer, effective July 1.



5 years ago

FCA to resume preparatory operations at Melfi plant in Italy from Monday

An average of 750 workers of Fiat Chrysler Melfi assembly plant in southern Italy will be back to work next week to prepare the facility for the final development of the group's new hybrid cars, a union representative said on Friday.



5 years ago

Oil heads for another weekly slide after coronavirus turmoil

Oil prices rose on Friday, but were on course for their third straight weekly loss as production shutdowns failed to keep pace with the collapse in demand caused by the coronavirus crisis.



5 years ago

As U.S. coronavirus death toll nears 50,000, Georgia forges ahead with reopening

With the U.S. coronavirus death toll nearing 50,000, Georgia pushed ahead with its plan to become the first state to allow an array of small businesses to reopen on Friday despite the disapproval of U.S. President Donald Trump and health experts.



5 years ago

401(k) balances sink 19% due to coronavirus, Fidelity says

After hitting record highs last year, retirement account balances sank in the first quarter, according to Fidelity Investments, the largest 401(k) provider in the U.S.

5 years ago

Tech & healthcare tighten grip on world stock markets

The technology and healthcare sectors have tightened their grip on global stock markets since the coronavirus shock knocked world shares from February's record highs.



5 years ago

Federal Reserve scraps transfer limits on bank savings accounts

The U.S. Federal Reserve announced Friday that banks can now allow account holders to make an unlimited number of withdrawals and transfers from their savings accounts.



5 years ago

As U.S. coronavirus death toll tops 50,000, Georgia forges ahead with reopening

With the U.S. coronavirus death toll topping 50,000, Georgia pushed ahead with its plan to become the first state to allow an array of small businesses to reopen on Friday despite the disapproval of President Donald Trump and health experts.



5 years ago

AmEx to cut spending by $3 billion to survive virus-hit economy

Credit card issuer American Express Co said on Friday it would cut spending by nearly $3 billion in 2020 after its quarterly profit sank 76% as it set aside more money to brace itself against a wave of potential delinquencies.



5 years ago

French court backs workers in Amazon row over virus measures

A French court on Friday rejected Amazon's appeal against a ruling that restricts what it can deliver during the coronavirus crisis, handing a victory to unions which had criticised the U.S. e-commerce giant's safety measures.



5 years ago

This is what happens to unpaid debts when a person passes away

Exactly how debt is treated depends on the type, whose name is on it and the state laws governing those obligations at death.

5 years ago