Latest News on private equity markets

Detroit automakers, UAW agree to curb production to contain coronavirus

Detroit automakers, UAW agree to curb production to contain coronavirus

The Detroit Three automakers and United Auto Workers agreed on Tuesday to curtail production at U.S. factories and limit the number of workers on the job at one time to prevent the spread of the coronavirus among roughly 150,000 factory employees.



6 years ago
United Airlines further cuts April domestic, international schedules

United Airlines further cuts April domestic, international schedules

United Airlines on Tuesday announced a 60% schedule reduction in April, citing the impact of the coronavirus pandemic on travel demand.



6 years ago
Oil steadies after testing new lows as coronavirus chaos intensifies

Oil steadies after testing new lows as coronavirus chaos intensifies

Oil prices steadied on Wednesday after slipping to new four-year lows, sapped by fears for fuel demand and the global economy amid travel and social lockdowns triggered by the coronavirus epidemic.



6 years ago
Fujifilm shares jump 15% on China coronavirus drug trial boost

Fujifilm shares jump 15% on China coronavirus drug trial boost

Shares in Japan's Fujifilm Holdings Corp surged 15% on Wednesday morning after a Chinese official said the company's Avigan anti-flu drug appeared to help coronavirus patients recover.



6 years ago
Global stocks drop as investors shun risk on coronavirus fears

Global stocks drop as investors shun risk on coronavirus fears

U.S. stock futures and several Asian shares fell in choppy trade on Wednesday, as worries about the coronavirus pandemic eclipsed hopes broad policy support would combat the economic fallout of the outbreak.



6 years ago
Gundlach says it's 'ludicrous' to think US won't enter a recession as coronavirus hits economy

Gundlach says it's 'ludicrous' to think US won't enter a recession as coronavirus hits economy

DoubleLine Capital CEO Jeffrey Gundlach said Tuesday that there's a 90% chance the United States will enter a recession this year.

6 years ago
Treasury and IRS to delay tax payment deadline by 90 days

Treasury and IRS to delay tax payment deadline by 90 days

Taxpayers are about to get a three-month reprieve to pay income taxes owed, Treasury Secretary Steven Mnuchin said at a press conference on Tuesday.

6 years ago
Cramer: Don't buy the dips in the market, sell bad stocks on any pops

Cramer: Don't buy the dips in the market, sell bad stocks on any pops

"It's really the opposite of buy the dips," CNBC's Jim Cramer said Tuesday. "I only think you sell lower quality."

6 years ago
How those coronavirus-fueled investment losses help cut your taxes

How those coronavirus-fueled investment losses help cut your taxes

An investment account that's deep in the red just might have a silver lining. Tax-loss harvesting allows you to sell off a few poor performers and use them to offset gains elsewhere in your portfolio.

6 years ago
The coronavirus crisis is making travel cheaper. Here's why you should resist the urge to buy.

The coronavirus crisis is making travel cheaper. Here's why you should resist the urge to buy.

Prices for airfare and hotel rooms look cheap, but experts recommend resisting the urge to take advantage of travel deals due to extreme uncertainty.

6 years ago
Social Security offices close due to coronavirus. Here's what that means for you

Social Security offices close due to coronavirus. Here's what that means for you

Local Social Security offices have closed in order to protect elderly and disabled beneficiaries and others from the coronavirus. While in-person services are shut, you can still get help online and over the phone, though critical services will be given a priority. Here's a breakdown of what to expect.

6 years ago
Coronavirus-stricken airlines call for aid to limit bankruptcies

Coronavirus-stricken airlines call for aid to limit bankruptcies

European airlines demanded urgent tax relief to avoid multiple bankruptcies as coronavirus disruption continued its spread across the global industry on Tuesday.



6 years ago
Treasury and IRS to delay tax season deadline by 90 days

Treasury and IRS to delay tax season deadline by 90 days

Taxpayers are about to get a three-month reprieve to work on their income tax returns, Treasury Secretary Steven Mnuchin said at a press conference on Tuesday.

6 years ago
L Brands temporarily closes stores, draws down $950 million from existing credit line

L Brands temporarily closes stores, draws down $950 million from existing credit line

L Brands Inc said on Tuesday it would temporarily close all its stores, including those of Bath & Body Works and Victoria's Secret, in the United States and Canada through March 29 and that it has drawn down $950 million from an existing credit line due to the coronavirus outbreak.



6 years ago
NorthOne announces Series A round of $21M USD

NorthOne announces Series A round of $21M USD

NorthOne | Blog | March 12, 2020 NorthOne is a mobile, tech-powered bank account built for America’s small businesses, freelancers, and startups. Today, we’re announcing a Series A round of $21M USD for NorthOne, led by Shiran Shalev from Battery Ventures, with participation from Redpoint Ventures, and Tom Williams. This round brings us one step

6 years ago