Latest News on private equity markets

Futures choppy as U.S. shutdown extension weighs

U.S. stock index futures see-sawed on Monday after a strong recovery last week, as President Donald Trump extended his stay-at-home guidelines until the end of April, raising fears of a larger economic hit from the slump in business activity.



6 years ago

Fiat Chrysler looks to resume some Italian production next week: union

Fiat Chrysler (FCA) is looking to resume some vehicle production from next week at three plants in Italy if it gets the green light from the government, a union representative said on Monday.



6 years ago

Johnson & Johnson says testing of coronavirus vaccine to begin by September

Johnson & Johnson said on Monday human testing of its experimental vaccine for the coronavirus would begin by September and that it could be available for emergency use authorization in early 2021.



6 years ago

BNY Mellon names interim head Gibbons as CEO

Bank of New York Mellon Corp on Monday named interim head Thomas Gibbons as chief executive officer, effective immediately.



6 years ago

Activist investor makes new push for HC2 board to remove chief Falcone: letter

An activist investor is stepping up calls for the board of HC2 Holdings Inc to remove Chief Executive and Chairman Philip Falcone as the former hedge fund manager faces mounting legal and financial troubles.



6 years ago

Op-Ed: With today's market volatility, the '4% rule' creates risk for America's retirees

While some of the underlying thinking behind the so-called 4% rule was prudent, it was hatched in an era in which interest rates were much higher, capital markets less volatile and, most important, Americans had shorter lifespans. Given today's market volatility and changed retirement landscape, it's safe to assume that the 4% rule may be obsolete.

6 years ago

El-Erian: 'We're not in an all clear' for stock index buying, but the sell 'everything' moment has passed

Economist Mohamed El-Erian said the sell "everything" moment for investors has passed, but he cautioned against rushing into stock indexes because he believes more volatility is ahead.

6 years ago

Barclays sets 2050 'net zero' carbon goal after investor pressure

Barclays drew cautious investor support on Monday for setting itself an ambition to reach 'net zero' for its own carbon emissions and the activities it finances by 2050.



6 years ago

Johnson & Johnson, U.S. government plan one billion doses of coronavirus vaccine

Johnson & Johnson said on Monday it made a $1 billion deal with the U.S. government to create enough manufacturing capacity for more than 1 billion doses of a vaccine it is testing to fight the new coronavirus that has killed more than 34,000 people around the world.



6 years ago

Wall St. rises at open as investors weigh stimulus against shutdown

U.S. stocks opened higher on Monday as President Donald Trump followed last week's massive fiscal stimulus by extending his stay-at-home guidelines, leaving investors guessing at their economic impact.



6 years ago

UAE's flydubai to cut salaries for three months due to coronavirus

United Arab Emirates' airline flydubai will cut salaries for three months from April due to the impact of the global coronavirus pandemic on its business, a spokeswoman said on Monday.



6 years ago

Lockdown set to stymie Fiat attempt to restart some Italian production

A probable extension of Italy's lockdown could frustrate an attempt by Fiat Chrysler to resume some vehicle production at three Italian plants next week, a union representative said on Monday.



6 years ago

Tap your health savings account first for medical costs during the coronavirus outbreak

Health savings accounts, or HSAs, allow you to use tax-free money towards medical expenses. Here's how to use it during the coronavirus pandemic.

6 years ago

Facebook commits $100 million to support news media hurt by virus crisis

Facebook Inc on Monday pledged $100 million in financing and advertising spending to support news organizations, including local publishers in the United States, reeling from pressure due to the coronavirus pandemic.



6 years ago

Mylan offers concessions to address EU concerns about Pfizer deal

Generic drugmaker Mylan NV has offered concessions to address European Union antitrust concerns about its bid for Pfizer's off-patent branded drugs business Upjohn, a filing on the European Commission site showed on Monday.



6 years ago