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Latest News on private equity markets

U.S. lawmaker says seeking bipartisan legislation on airline mask rules

A U.S. senator said on Wednesday he was hoping for bipartisan support in Congress for mandatory rules on masks for air travel after the head of the Federal Aviation Administration again resisted calls for a mandate.



5 years ago

Oil slips as fresh COVID-19 outbreaks face draw in U.S. fuel stocks

Oil prices edged lower on Wednesday as a drawdown in U.S. distillate stockpiles for the first time since March and a sharp drop in U.S. crude production faced concerns over fuel demand due to fresh outbreaks of COVID-19.



5 years ago

S&P 500, Dow muted as rising COVID-19 cases dent recovery hopes

The S&P 500 and the Dow edged higher in choppy trading on Wednesday as hopes of a swift recovery from a coronavirus-driven downturn were dented by fears of a record rise in coronavirus cases in six U.S. states.



5 years ago

PepsiCo to drop Aunt Jemima name, criticized for racist history; Uncle Ben's under review

PepsiCo Inc will change the name and brand image of its Aunt Jemima pancake mix and syrup, it said on Wednesday, dropping a mascot that has been criticized for a racist history.



5 years ago

Cambridge launches the Global Alternative Finance Industry Benchmark & Covid-19 Rapid Assessment Survey in Partnership with World Bank Group and World Economic Forum

Cambridge Centre for Alternative Finance | Tania Zielgar | Jun 17, 2020 NCFA Intro:  NCFA is please to provide continued support as a National industry partner of the Cambridge Centre for Alternative Finance research initiatives in Canada.  It's absolutely essential that data and research be collected and anlayzed to help identify trends, inform policy and

5 years ago

U.S. Justice Department proposes rolling back protections for big tech

The U.S. Justice Department proposed on Wednesday that Congress take up legislation to curb protections that big tech platforms like Alphabet's Google and Facebook have had for decades, a senior official said, following through on U.S. President Donald Trump's bid to crack down on tech giants.



5 years ago

LATAM Airlines to suspend operations in Argentina indefinitely

LATAM Airlines Group on Wednesday said it will cease operations at its Argentine subsidiary "indefinitely," its first major cutback since Latin America's largest airline filed for bankruptcy protection last month.



5 years ago

Can I restart my unemployment benefits? What to know if you're laid off again

Americans recalled to work could face a second round of layoffs or furloughs. They can generally start collecting unemployment benefits again, but the rules are complicated.

5 years ago

U.S. House panel debating $494 billion infrastructure measure

A U.S. House of Representatives panel is debating on Wednesday a Democratic plan to boost infrastructure spending that aims to fix crumbling roads and highways and reduce carbon pollution.



5 years ago

Lyft promises switch to 100% electric vehicles by 2030

Ride-hailing company Lyft Inc on Wednesday said every vehicle on its ride-hailing and rental car platform will be electric by 2030, but it would not provide direct financial support to drivers for switching from gas-powered cars.



5 years ago

Adidas rejects investigating HR chief in race row

Adidas rejected on Wednesday a call by employees to investigate the German sportswear brand's human resources chief over her handling of racism at the company after she described it last year as "noise" only discussed in America.



5 years ago

Several U.S. banks to close branches, offices early for Juneteenth

Several U.S. banks are closing branches and offices early on Friday to observe the Juneteenth holiday, which commemorates the day in 1865 when the last group of enslaved African Americans learned slavery was abolished.



5 years ago

Americans face new coranavirus challenge: a shortage of coins

Banks across the United States are facing a shortage of coins during coronavirus crisis, prompting the U.S. Federal Reserve to ration distribution and work with the U.S. Mint to boost supply.



5 years ago

Half of recent high school grads have changed their plans due to coronavirus

More 2020 high school grads are going to work, delaying college or changing their career path due to Covid-19, a survey by Junior Achievement and the PMI Educational Foundation said.

5 years ago

Wall Street advances on prospect of economic rebound

Wall Street gained ground on Wednesday as signs of economic recovery helped investors look past spiking pandemic data and the potential of a new round of economic lockdowns.



5 years ago