Softbank set to invest in more than a dozen U.S. minority-led startups
SoftBank Group Corp will invest $2 million or more in 14 U.S. startups led by black founders and other underrepresented groups, the company said on Thursday,...
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
U.S. insurers eye Legionnaires' disease safeguards as buildings re-open from pandemic shutdowns
Commercial insurers are scrutinizing building managers' efforts to avoid outbreaks of Legionnaires' disease as they re-open movie theaters, gyms, schools and offices that had been closed...
U.S. House Democrats unveil $1.5 trillion infrastructure plan
U.S. House of Representatives Democrats on Thursday unveiled a $1.5 trillion infrastructure bill that they will seek to pass in coming weeks, arguing it has been...
Another round of $1,200 stimulus checks? A more targeted plan to get money to those who need it most is better option, experts say
Democrats have called for sending Americans a second round of $1,200 stimulus checks. But the next move by Congress should be more targeted to individuals and...
Chanel warns virus impact will linger on luxury sector
The luxury industry will feel the fallout from the coronavirus crisis for the next two years if not longer, Chanel's chief financial officer said on Thursday,...
U.S. weekly jobless claims remain high as second wave of layoffs hits industries
A second wave of layoffs amid weak demand and fractured supply chains is keeping new U.S. applications for unemployment benefits elevated, supporting views that the economy...
Top economists want to swap those $600 unemployment benefits with up to $400 a week
A group of economists has proposed replacing the weekly $600 unemployment enhancement with up to $400 a week and encouraging people to find jobs with payroll...
Futures drift lower ahead of jobless claims data
Futures tracking the S&P 500 and Dow indexes edged lower on Thursday as caution over an uptick in COVID-19 infections in parts of the United States...
Mother's Day sales uptick doesn't cover coronavirus downturn, Washington D.C. florist says
Mother's Day during the coronavirus pandemic meant an uptick in sales for Lee's Flower and Card Shop in Washington, D.C.
Dollar and yen supported by fears of new pandemic wave; Norway's crown shines
The U.S. dollar and Japanese yen held their positions on Thursday as concerns about a rise in new coronavirus cases underpinned demand for safe-haven currencies, while...
Automakers rev up U.S. assembly lines, wary of outside risks to workers
Automakers are speeding up U.S. assembly lines to meet recovering demand, increasingly confident coronavirus safety protocols are working to prevent outbreaks in their plants but wary...
U.S. Chamber urges China to accelerate purchases of U.S. goods
The U.S. Chamber of Commerce on Thursday underscored the importance of functional U.S.-China ties and urged Beijing to step up its purchases of U.S. goods and...
KKR to buy Dutch vacation park operator Roompot
U.S. private equity firm KKR said on Thursday it had reached an agreement to buy Dutch vacation parks firm Roompot for an undisclosed sum.
Exclusive: EU in advanced talks with Johnson & Johnson on COVID-19 vaccine deal - sources
The European Commission is in advanced talks with pharmaceutical giant Johnson & Johnson to reserve or buy up-front doses of its COVID-19 vaccine under development, two...
Ford to offer hands-free driving in 2021 - six years after Tesla
Ford Motor Co said on Thursday that it will offer hands-free driving on its new Mustang Mach-E in fall 2021, six years after Tesla Inc and...