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Latest News on private equity markets

Tesla aims to restart Fremont plant as soon as Friday: Bloomberg News

Tesla Inc plans to reopen its sole U.S. car plant in Fremont, California as soon as Friday, Bloomberg reported on Friday, citing an email from the company to its staff.



5 years ago

Tesla aims to restart Fremont plant on Friday

Tesla Inc is aiming to restart production in its U.S. car plant in Fremont, California on Friday afternoon, according to an email sent by Chief Executive Officer Elon Musk to staff.



5 years ago

Coronavirus deals U.S. job losses of 20.5 million, historic unemployment rate in April

The U.S. economy lost a staggering 20.5 million jobs in April, the steepest plunge in payrolls since the Great Depression and the starkest sign yet of how the novel coronavirus pandemic is battering the world's biggest economy.



5 years ago

Lufthansa to start flying 80 more aircraft in June to meet travel demand

German flagship carrier Lufthansa on Friday said it would start flying 80 more of its aircraft again in June, including to serve tourism destinations after the company grounded much of its vast fleet due to the coronavirus pandemic.



5 years ago

Take Five: Trade War II

China's exports rebound has been quickly overshadowed by dire predictions of Trade War II between the world's two biggest economies.



5 years ago

Working parents find it's nearly impossible to make plans with dwindling child-care options

Even before the pandemic, affordable child care was a struggle for most. Now parents are squeezed by a near-complete lack of help, with daycare centers, schools and probably summer camps closed.

5 years ago

Why the stock market is up even with historic job losses

The most Americans in history lost their job in April, but markets are moving higher. Here's why.

5 years ago

U.S. joblessness slams Latinos, less educated with brutal force

The U.S. economy's record run of job growth and historically low unemployment has been stopped in its tracks by the fight against the coronavirus pandemic: joblessness hit 14.7% in April, and even if it starts to fall in coming weeks there will be scars.



5 years ago

Instant view: Coronavirus ravaged U.S. payrolls in April, 20.5 mln jobs lost

The U.S. economy lost a staggering 20.5 million jobs in April, the steepest plunge in payrolls since the Great Depression and the starkest sign yet of how the novel coronavirus pandemic is battering the world's biggest economy.



5 years ago

Wall Street gains on easing U.S.-China tensions, jobs report

U.S. stocks jumped at the open on Friday as an easing in U.S.-China friction added to optimism from data showing the U.S. economy lost fewer jobs in April than feared due to the coronavirus crisis.



5 years ago

Protecting Your Intellectual Property as a Startup

As a startup, any intellectual property (IP) is a critical asset that should be protected. Here are a few things to consider when planning your IP strategy. Continue reading

5 years ago

U.S. labor market shatters post World War 2 records as coronavirus lockdowns bite

The U.S. economy lost a staggering 20.5 million jobs in April, the steepest plunge in payrolls since the Great Depression and the starkest sign yet of how the novel coronavirus pandemic is battering the world's biggest economy.



5 years ago

Microsoft to invest $1.5 billion in Italian cloud business

Microsoft Corp. said on Friday it would create its first datacentre region in Italy under a $1.5 billion investment plan as the U.S. company expands its cloud computing services to more locations across the world.



5 years ago

Wall Street rises on better-than-feared jobs report, easing Sino-U.S. tension

U.S. stock markets gained on Friday after data showed the economy lost fewer jobs in April than feared due to the coronavirus crisis, adding to optimism from an easing in friction between Washington and Beijing.



5 years ago

Exclusive: J.C. Penney to file for bankruptcy as soon as next week, sources say

J.C. Penney Co Inc is preparing to file for bankruptcy protection as soon as next week with plans to permanently close about a quarter of its roughly 850 stores, becoming the latest major U.S. retailer to succumb to fallout from the coronavirus outbreak, according to people familiar with the matter.



5 years ago