Latest News on private equity markets

Trump says 3M 'will have a big price to pay' over face masks

Trump says 3M 'will have a big price to pay' over face masks

U.S. President Donald Trump slammed 3M Co in a tweet late on Thursday after earlier announcing he was invoking the Defense Production Act to get the company to produce face masks.



6 years ago
White House says small business lending program will be running Friday, even as JPMorgan says it's not ready

White House says small business lending program will be running Friday, even as JPMorgan says it's not ready

The program is a crucial component of the $2 trillion stimulus package signed last week by President Trump to cushion disruptions tied to the coronavirus.

6 years ago
Mnuchin says small business rescue loans launch Friday, despite lender confusion

Mnuchin says small business rescue loans launch Friday, despite lender confusion

U.S. Treasury Secretary Steven Mnuchin said he was pressing ahead with the Friday launch of a $349 billion coronavirus rescue loan program for small businesses, after conceding to bank demands to fix aspects of the program that they said could cause participating lenders legal and financial risks.



6 years ago
What's in the U.S. small business rescue program?

What's in the U.S. small business rescue program?

Amid confusion over a $349 billion rescue program for small businesses struggling to survive the coronavirus pandemic, the U.S. Treasury released guidelines it hopes will pave the way to getting the spigots flowing on Friday, as promised.



6 years ago
Oil futures pare record gains as doubts creep in on Trump's Saudi-Russia output deal

Oil futures pare record gains as doubts creep in on Trump's Saudi-Russia output deal

Oil prices fell on Friday, coming off their biggest one-day gains in the previous session after U.S. President Donald Trump said he had brokered a deal between Saudi Arabia and Russia to cut output, but made no offer to reduce U.S. production.



6 years ago
Southwest Airlines to apply for aid with U.S. Treasury after demand craters

Southwest Airlines to apply for aid with U.S. Treasury after demand craters

Southwest Airlines Co said on Thursday it intends to file an application with the U.S. Treasury department for aid related to the disruption caused by the coronavirus pandemic.



6 years ago
JPMorgan Chase probably unable to accept small business loan applications Friday: memo

JPMorgan Chase probably unable to accept small business loan applications Friday: memo

JPMorgan Chase & Co emailed many small business customers on Thursday to tell them it is still awaiting federal guidance on the small business loans program Congress approved last week, and it may not be ready to accept applications when the program launches on Friday.



6 years ago
Fed balance sheet increases to record $5.86 trillion

Fed balance sheet increases to record $5.86 trillion

The Federal Reserve's balance sheet increased to a record $5.86 trillion this week and the central bank reported greater use of some of its newly launched liquidity facilities, all part of its efforts to keep markets functioning smoothly amid heightened volatility related to the coronavirus pandemic.



6 years ago
Chipotle under pressure in New York over coronavirus sick leave

Chipotle under pressure in New York over coronavirus sick leave

Less than two months after settling with New York City regulators over paid sick leave, Chipotle Mexican Grill Inc is under pressure for its policies amid the coronavirus pandemic.



6 years ago
GM rolls out safety protocols for ventilator-making workers

GM rolls out safety protocols for ventilator-making workers

General Motors Co on Thursday rolled out a series of safety measures for workers in Indiana who will make ventilators, outlining what could be a blueprint for opening U.S. auto plants in the coming weeks.



6 years ago
Disney to furlough some U.S. employees in wake of coronavirus

Disney to furlough some U.S. employees in wake of coronavirus

Walt Disney Co said on Thursday it will start furloughs of non-essential U.S. employees across the company on April 19, a response to the global coronavirus outbreak that has shut down or disrupted its media and theme park businesses.



6 years ago
Trump invites oil chiefs to discuss help for ailing industry

Trump invites oil chiefs to discuss help for ailing industry

U.S. President Donald Trump has invited oil executives to the White House to discuss potential ways to help the industry hammered by slumping energy demand during the coronavirus outbreak and a price war between Saudi Arabia and Russia, three sources familiar with the matter said on Wednesday.



6 years ago
What You Should Know About Online Tools During the COVID-19 Crisis

What You Should Know About Online Tools During the COVID-19 Crisis

Electronic Frontier Foundation | Lindsay Oliver |March 19, 2020 A greater portion of the world’s work, organizing, and care-giving is moving onto digital platforms and tools that facilitate connection and productivity: video conferencing, messaging apps, healthcare and educational platforms, and more. It’s important to be aware of the ways these tools may impact your digital

6 years ago
T-Mobile completes merger with Sprint

T-Mobile completes merger with Sprint

T-Mobile US Inc said on Wednesday it officially completed the merger with Sprint Corp , solidifying its postion as the No.3 wireless providers in the U.S.



6 years ago
U.S. construction spending unexpectedly falls in February

U.S. construction spending unexpectedly falls in February

U.S. construction spending unexpectedly fell in February and could decline further as the coronavirus pandemic wreaks havoc on the economy.



6 years ago