Latest News on private equity markets

Scammers are using fake coronavirus stimulus payment sites to steal your money

Scam artists are trying to head off your windfall from the federal government. Here's how they're trying to steal your stimulus payment from under your nose.

5 years ago

GM ignition switch settlement with vehicle owners wins U.S. court approval

General Motors Co on Thursday won preliminary U.S. court approval of a $120 million settlement with owners who said defective ignition switches caused their vehicles to lose value.



5 years ago

U.S. coronavirus deaths top 48,000, averaging 2,000 lives lost a day: Reuters tally

U.S. coronavirus deaths topped 48,000 on Thursday as the number of lives lost in April rises by an average of 2,000 a day, according to a Reuters tally.



5 years ago

Wall Street pares gains on report of potential coronavirus drug failing trial

Wall Street's main indexes pared gains sharply on Thursday, after a report that Gilead Sciences experimental coronavirus drug flopped in its first randomized clinical trial.



5 years ago

Millions of Americans join unemployment line as coronavirus savages economy

A stunning 26.5 million Americans have sought unemployment benefits since mid-March, confirming that all the jobs gained during the longest employment boom in U.S. history have been wiped out as the novel coronavirus savages the economy.



5 years ago

Trump administration is still garnishing wages from student loan borrowers

The Trump administration announced last month that during the coronavirus pandemic it would stop garnishing the wages of struggling student loan borrowers. Some say that's still happening.

5 years ago

The Impact of Coronavirus on Funding Innovation

Crowdfund Insider | Michael Burtov | Apr 22, 2020 The Impact of Coronavirus on VC Funding It’s no secret that times of economic instability are the ones that create the greatest opportunity for innovation and innovators. When everyone is content, the incumbents tend to win – while when there is injury, the innovators happily fill

5 years ago

Independent contractors may find less money in their unemployment checks

Jobless Americans who get the bulk of their income from contract work or self-employment, but also have a side gig, could end up getting smaller unemployment checks from their state than they thought.

5 years ago

Tyson to shutter beef facility as workers undergo coronavirus testing

A Tyson Foods Inc unit said on Thursday it will temporarily halt production at a beef facility in Pasco, Washington, adding to the meat processing plant the company has had to shutter as it tests workers for COVID-19.



5 years ago

Oil rallies on faster output cuts to offset virus-induced falloff in demand

Oil soared on Thursday, extending its rebound after major oil-producing nations said they would accelerate planned production cuts to combat the dramatic slump in demand due to the COVID-19 pandemic.



5 years ago

U.S. states test safety of reopening as pandemic pushes jobless claims higher

An array of businesses prepared on Thursday to reopen in Georgia and a handful of other U.S. states for the first time in a month, as another week of massive unemployment claims highlighted the grim economic toll of the coronavirus pandemic.



5 years ago

New York survey suggests 2.7 million in state may have coronavirus antibodies

New York Governor Andrew Cuomo said on Thursday a preliminary survey found that nearly 14% tested positive for antibodies against the novel coronavirus, suggesting that as many 2.7 million New Yorkers may have been infected with the disease.



5 years ago

Toyota to gradually resume North America production starting May 4

Toyota Motor Corp said on Thursday it expects to gradually resume North American production starting May 4 and will impose significant new safety procedures after it halted operations in March because of the coronavirus pandemic.



5 years ago

JPMorgan tells small business customers to apply with other banks on fear that funds will run out

Small business customers have complained that banks, including JPMorgan, have been slow to process applications for the PPP.

5 years ago

Restaurateur Willie Degel says he plans to wait to reopen Georgia location when restrictions lift

"We have to win the trust of the staff and the guests as well," said Willie Degel, owner of Uncle Jack's Meat House in Duluth, Georgia.

5 years ago