Stocks gain on recovery hopes, dollar on safe-haven bid
A gauge of global equities edged higher on Wednesday, adding to the prior day's rally on economic and vaccine hopes, while fresh coronavirus outbreaks and rising...
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.
Amazon launches Saudi Arabia shopping site despite CEO's dispute with kingdom
Amazon.com Inc on Wednesday launched a website for shoppers in Saudi Arabia, showing its continued business interests there despite a public dispute between Riyadh and the...
U.S. fines Copa Airlines $450K for transporting passengers between U.S., Venezuela
The U.S. Transportation Department said on Wednesday it had fined Panama's Copa Airlines $450,000 for unlawfully transporting passengers between the United States and Venezuela via a...
Oil slides on fresh COVID-19 outbreaks, bump in crude stocks
Oil prices settled lower on Wednesday on fuel demand worries due to an uptick in coronavirus cases, with emerging hotspots in China and the United States,...
Citing racial stereotype, PepsiCo drops Aunt Jemima; Uncle Ben's, Mrs. Butterworth's under review
PepsiCo Inc said on Wednesday it will change the name and brand image of its Aunt Jemima pancake mix and syrup, dropping a mascot that has...
Hertz suspends share sale after U.S. SEC raises objections
Bankrupt Hertz Global Holdings Inc on Wednesday suspended its plan to sell up to $500 million in new shares after the U.S. Securities and Exchange Commission...
U.S. government proposes rolling back protections for big tech
The U.S. Justice Department proposed on Wednesday that Congress take up legislation to curb protections big tech platforms like Alphabet's Google and Facebook have had for...
LATAM Airlines suspends Argentina operations, blaming COVID-19 and government
LATAM Airlines Group said on Wednesday its Argentine subsidiary will cease operations indefinitely, canceling all domestic flights, its first major cutback since filing for bankruptcy protection.
Qualcomm aims to woo robotics developers with new chips, tools
Building robots and drones is messy: Developers must pull together sensors to be the eyes and ears, chips for the brains and motors to make the...
Wall Street advances on prospect of economic rebound
Wall Street gained ground on Wednesday as signs of economic recovery helped investors look past spiking pandemic data and the potential of a new round of...
S&P closes lower as new COVID-19 cases surge
The S&P 500 closed lower on Wednesday as news of spiking pandemic data and the prospect of a new round of economic lockdowns dampened investor optimism...
Half of recent high school grads have changed their plans due to coronavirus
More 2020 high school grads are going to work, delaying college or changing their career path due to Covid-19, a survey by Junior Achievement and the...
Americans face new coranavirus challenge: a shortage of coins
Banks across the United States are facing a shortage of coins during coronavirus crisis, prompting the U.S. Federal Reserve to ration distribution and work with the...
Several U.S. banks to close branches, offices early for Juneteenth
Several U.S. banks are closing branches and offices early on Friday to observe the Juneteenth holiday, which commemorates the day in 1865 when the last group...
Adidas rejects investigating HR chief in race row
Adidas rejected on Wednesday a call by employees to investigate the German sportswear brand's human resources chief over her handling of racism at the company after...