Latest News on private equity markets

American Airlines reaches tentative contract deal with mechanics union

American Airlines Holdings Inc said it has reached a tentative deal with its mechanics union this week for a new joint collective bargaining agreements, nearing the end of bitter negotiations that have dragged on for years.



6 years ago

Asia shares try to rally after gut-wrenching week

Asian share markets were fighting to stabilize at the end of a punishing week as investors clutched at hopes China could contain the coronavirus, even as headlines spoke of more cases and more deaths.



6 years ago

American Airlines, mechanics union reach tentative $4.2 billion contract deal

American Airlines Holdings Inc and its mechanics union announced tentative joint collective bargaining agreements on Thursday covering five maintenance and fleet service groups after more than four years of often bitter negotiations.



6 years ago

Nintendo CEO says no plans to launch new Switch model in 2020

Nintendo Co Ltd CEO Shuntaro Furukawa said the gaming company has no plans to launch a new Switch model this year.



6 years ago

What to Know About Starting an Online Lending Platform

Guest Post | Susan Melony | Jan 30, 2020 Online lending platforms have been popping up everywhere. Many of them take the concept of brick-and-mortar short-term lending businesses and simply adapt them to an online environment. There are things that you have to think about with an online lending platform that you wouldn’t with a

6 years ago

Nintendo CEO says no new Switch model this year

Nintendo Co Ltd CEO Shuntaro Furukawa said on Friday the gaming company has no plans to launch a fresh Switch model this year, dampening rumors it will offer an upgraded version of the hit device.



6 years ago

Asia shares fight for footing after turbulent week

Asian share markets battled to regain their footing on Friday as investors clutched at hopes China could contain the coronavirus, even as headlines spoke of ever more cases and mounting deaths.



6 years ago

Oil jumps as WHO declares emergency but recommends no travel, trade restrictions

Oil prices jumped on Friday following sharp losses this week, as the World Health Organization (WHO) came out against travel and trade restrictions in declaring a global emergency over the spread of the coronavirus that originated in China last year.



6 years ago

Asia shares struggle for footing after fraught week

Asian share markets fought to regain their footing on Friday as investors clutched at hopes China could contain the coronavirus, even as headlines spoke of more cases and mounting deaths.



6 years ago

Chevron asks staff to postpone all non-essential travel to China

U.S. oil major Chevron Corp said on Thursday it has asked its employees to postpone all "non-essential" business travel to China in the aftermath of the coronavirus outbreak.



6 years ago

Boeing posts first annual loss in two decades as 737 MAX costs near $19 billion

Boeing Co on Wednesday swung to its first annual loss since 1997 as 737 MAX costs doubled to nearly $19 billion, and the plane manufacturer indicated it would again cut production of its bigger 787 Dreamliner aircraft, currently its main source of cash.



6 years ago

Lyft plans restructuring, job cuts: New York Times

Lyft Inc plans to announce a restructuring that will result in job cuts, the New York Times reported on Wednesday, citing two people with knowledge of the matter.



6 years ago

Lyft cuts 2% jobs on journey to profitability

Lyft Inc said on Wednesday it had cut about 2% of its workforce, or 90 jobs, as the ride-hailing company seeks to achieve its goal of profitability by the end of 2021.



6 years ago

Fed keeps interest rates steady, offers no new balance sheet guidance

The Federal Reserve held interest rates steady on Wednesday at its first policy meeting of the year, with the head of the U.S. central bank pointing to continued moderate economic growth and a "strong" job market, and giving no sign of any imminent changes in borrowing costs.



6 years ago

Google temporarily shutting down all China offices: The Verge

Alphabet Inc's Google is temporarily shutting down all its offices in China due to the outbreak of a new coronavirus in the country, technology website The Verge reported on Wednesday.



6 years ago