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Latest News on private equity markets

Op-Ed: Trump must put families and small businesses first as coronavirus catastrophe grows

History will measure your presidency by how many deaths were prevented, not on what the Dow Jones average was in March of 2020, writes former Sen. Heidi Heitkamp.

5 years ago

Amazon halts grocery orders to restock amid surging demand

Amazon.com Inc said on Thursday it has halted its Prime Pantry delivery service in the United States to restock groceries, following a surge in online orders by shoppers worried about the coronavirus pandemic.



5 years ago

U.S. jobless claims could top record 1.5 million next week: economists

A wave of layoffs at restaurants, bars and hotels, as efforts to contain the coronavirus pandemic bring much of everyday American life to a halt, could drive new applications for U.S. unemployment benefits to a record 1.5 million or more next week, economists warned on Thursday.



5 years ago

Toyota extends North America production shutdown through April 3

Toyota Motor Corp said on Thursday it will extend a planned two-day shutdown of all North American plants through April 3 as the spread of coronavirus continues.



5 years ago

Brazil records 7th coronavirus death, closes land borders

Brazil's coronavirus death toll rose to seven on Thursday, including the first fatalities in tourist hotspot Rio de Janeiro, as Latin America's largest nation closed more borders to visitors and the foreign minister waded into a diplomatic spat with China.



5 years ago

Former U.N. ambassador Nikki Haley leaves Boeing board, opposing federal aid

Boeing Co said on Thursday that former U.N. ambassador Nikki Haley has resigned from its board as she opposes the planemaker's move to seek financial aid from the federal government amid the 737 MAX and the coronavirus crisis.



5 years ago

Technology issues strain work from home efforts at big U.S. banks

Citigroup Inc asked its non-essential workers across North America to hold off on logging into its remote access system until 1 p.m. on Thursday, as it braced for many employees to begin working from home, according to sources familiar with the matter.



5 years ago

Airbnb fields investor interest for stake sale: sources

Airbnb Inc has received inquiries from potential investors who want to acquire a stake in the U.S. home rental company in the wake of the coronavirus outbreak, people familiar with the matter said on Thursday.



5 years ago

Catholics worldwide pray with pope for end to coronavirus pandemic

Catholics around the world joined Pope Francis in praying the rosary on Thursday night to ask God to end the coronavirus pandemic, which has killed more people in Italy than anywhere else.



5 years ago

U.S. airlines double down on request for cash as senate leader touts 'loans'

Major U.S. airlines on Thursday doubled down on a request for government cash grants even as Senate Majority Leader Mitch McConnell suggested assistance would be in the form of loans.



5 years ago

Tesla U.S. vehicle factory to suspend production due to coronavirus

Tesla Inc will suspend production at its California vehicle factory beginning on March 24 to comply with local orders aimed at curbing the spread of coronavirus, the company said on Thursday.



5 years ago

U.S. grocery meat supply to improve soon, after virus-fueled demand surge: Tyson Foods

Demand for U.S. meat at grocery stores will likely exceed supplies for at least another week, the chief executive of Tyson Foods Inc told Reuters on Thursday, as the coronavirus pandemic fuels panic buying among shoppers.



5 years ago

Markets rebound as policymakers further boost liquidity

European and American stocks rebounded on Thursday, halting further declines, in a sign further steps to boost liquidity by the U.S. Federal Reserve and other central banks has tentatively calmed markets that still fear a coronavirus-induced slowdown.



5 years ago

Senate Republican proposal rejects grants for U.S. airlines, could get equity

A Republican proposal introduced in the U.S. Senate on Thursday would grant up to $58 billion in secured loans to help passenger and cargo airlines hit by the coronavirus crisis, but bar cash grants and could result in the government getting equity stakes.



5 years ago

James Bell, Laban Jackson to retire from JPMorgan board

JPMorgan Chase & Co said in a regulatory filing on Thursday that James Bell and Laban Jackson have decided to retire from board.



5 years ago