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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.
PepsiCo's Aunt Jemima brand to change name, logo: NBC News
PepsiCo Inc's Aunt Jemima pancake mix will change its name and image in an effort by the brand to distance itself from racial stereotypes, NBC News...
Wall Street set to extend three-day rally on recovery hopes
Wall Street's main indexes were set to open higher on Wednesday, building on their three-day rally as signs of more official stimulus supported hopes of an...
Stocks grind higher as recovery hopes stand firm
Europe's shares added to their best gains in almost a month as safety plays lost their lustre on Wednesday, with hopes of a rapid economic recovery...
These 7 states might give you a tax break for work-from-home costs
Employees who are still working from their couches can't take a write-off on their 2020 federal return, yet a handful of states will allow you a...
Trade war? U.S. battle over kitchen cabinets really a domestic dispute
The anti-China trade mood has reached U.S. kitchens, where a battle is being waged over competing visions of where and how cabinets should be made.
UK's Supreme Court rules against Mastercard, Visa in retailers' fees battle
Britain's highest court on Wednesday upheld an earlier Court of Appeal ruling that credit card companies Visa and Mastercard restricted competition in the way they set...
Futures inch higher on hopes of quick economic revival
U.S. stock index futures rose on Wednesday as signs of more official stimulus supported hopes of an economic recovery from a coronavirus-led slump, even as six...
U.S. FAA chief to testify at hearing on jet certification after 737 MAX crashes
The head of the Federal Aviation Administration is set to testify on Wednesday before a Senate committee on the safety certification of jetliners like Boeing Co's...
Coronavirus turmoil fuels the rise of AI-powered companies
For the past seven years, a Munich-based firm called riskmethods has tried to interest companies in buying software that allows them to track all their suppliers...
Wall Street rally wins more fans as economy hints at recovery
Record upside surprises in U.S. economic data are bolstering the case for a “V” shaped recovery from the COVID-19 recession and boosting investor confidence in a...
Southwest Airlines says has enough cash for two years as demand improves
Southwest Airlines said on Wednesday it has enough cash to carry on business for the next two years, up from its prior forecast of 20 months,...
German Fin Min Scholz sees no danger of Lufthansa rescue deal collapse
German Finance Minister Olaf Scholz said on Wednesday a bailout deal for airline Lufthansa was a good, balanced solution which he hoped shareholders would approve, adding...
New U.S. Huawei rule targets standards, security concerns remain: Ross
A new U.S. rule regarding China's Huawei Technologies Co Ltd is a needed "clarification" to help develop standards, U.S. Commerce Secretary Wilbur Ross said on Wednesday,...
Lufthansa warns of threat to its $10 billion bailout deal
German airline Lufthansa warned on Wednesday that it might need to apply for protection from creditors if its state-backed bailout deal failed to win sufficient support...