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Latest News on private equity markets

How Regulation Crowdfunding Stood up to the First Weeks of Coronavirus – Almost Opposite of the Public Markets

Crowdfund Capital Advisors | Sherwood Neiss | March 20, 2020 The Coronavirus is taking the financial markets by storm. It began its attack on the public markets around February 12th. Since then, the markets have dropped 30% off their highs and have made wide swings from one day to the next. It has been one

4 years ago

Coronavirus rescue checks may shortchange some Americans on Social Security

As Washington lawmakers scramble to help shore up Americans' personal balance sheets, many are wondering if checks will also go to the nation's seniors. Here's how those on Social Security might be affected.

4 years ago

Boeing suspends dividend, CEO foregoes pay after coronavirus-related aid request

Boeing Co will cancel CEO pay, suspend its dividend and extend a pause on share buybacks, the U.S. planemaker said on Friday, as companies eager for government aid to curb fallout from the coronavirus face pressure to cut payouts to investors.



4 years ago

Wells Fargo rolls out waivers, aid in response to coronavirus outbreak

Wells Fargo & Co said on Friday it is suspending residential property foreclosure sales, evictions and involuntary automobile repossessions due to the coronavirus outbreak.



4 years ago

U.S. airlines call for payroll protections as aid talks continue

U.S. airlines called on Friday for a government stimulus package meant to help them weather the coronavirus crisis by providing payroll protections, warning that around 750,000 jobs depend on the airline industry.



4 years ago

U.S. auto industry backs tax relief, delaying USMCA start after coronavirus

Groups representing major automakers and suppliers asked U.S. lawmakers on Friday to consider new tax relief and delay the start of a new trade deal as auto sales decline as a result of the coronavirus pandemic.



4 years ago

U.S. to send envoy to Saudi Arabia; Texas suggests oil output cuts

The Trump administration plans to send a special energy envoy to Saudi Arabia to work with the kingdom on stabilizing the global oil market, officials said on Friday, as the U.S. scrambles to deal with a price crash so deep that regulators in Texas considered curbing production there for the first time in nearly 50 years.



4 years ago

Wall Street dives, ends worst week since 2008, as New York, California impose restrictions

Wall Street wrapped up its worst week since October 2008, with the Dow Jones Industrial Average and S&P 500 sliding more than 4% on Friday as tough restrictions imposed by New York and California to try to limit the spread of the coronavirus fueled worries about damage to the U.S. economy.



4 years ago

Panama's Copa Airlines cancels all flights as coronavirus crisis spreads

Panama's Copa Airlines on Friday said it will suspend all operations from March 22 until April 21, making it the first Latin American carrier to take such a drastic measure in order to weather the coronavirus crisis.



4 years ago

Walmart's Mexico unit pulls elderly workers from checkouts on coronavirus concerns

Grocers including Walmart de Mexico have begun bowing to pressure to pull from stores tens of thousands of elderly workers who pack bags at checkouts as concerns grow about their vulnerability to coronavirus amid panic buying nationwide.



4 years ago

Factbox: Latest on the spread of the coronavirus around the world

The world's richest nations poured unprecedented aid into the global economy as coronavirus cases ballooned in the new epicentre, Europe, with deaths in Italy outstripping those in mainland China, where the virus originated.



4 years ago

U.S. extends tax filing deadline to July 15: Mnuchin

The U.S. government will give individuals and companies an extra three months to file their 2019 tax returns, extending the deadline to July 15 amid the coronavirus outbreak.



4 years ago

BMW will idle South Carolina plant for two weeks starting April 3

BMW AG said on Friday it will temporarily close its South Carolina plant for two weeks starting April 3.



4 years ago

Goldman Sachs CEO sees 2019 compensation rise $4 million

Goldman Sachs Group Inc's Chief Executive David Solomon got a $4 million raise in his total compensation for 2019 from 2018, according to corporate filings released on Friday.



4 years ago

Ted Baker says 38% of global retail sales hit by coronavirus

Troubled fashion retailer Ted Baker Plc said on Friday it has shut businesses that accounted for about 38% of its global retail sales in 2020 due to the coronavirus outbreak.



4 years ago