Why some black-owned U.S. businesses are hardest hit by coronavirus shutdowns
After 15 years working as a hair stylist in other people's salons, Gary Connell opened his "Healthy Hair" studio in Montgomery County, Maryland in early March,...
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.
Advisory experts back P2P lending sector to become mainstream investment class
Peer2peer Finance News Michael Lloyd Jun 11, 2020 Advisory experts have backed the peer-to-peer lending sector to become a mainstream investment class after Covid-19. Mark Turner,...
Lufthansa shareholder Thiele raps bailout deal, raises stake
German investor Heinz Hermann Thiele sharply criticised a 9-billion-euro ($10.14 billion) bailout deal for carrier Lufthansa , saying he had raised his stake in the group...
Open Banking just got its own App Store
Altfi liver Smith Jun 9, 2020 Just what we needed. The UK’s Open Banking Implementation Entity (OBIE) has launched an official App Store to showcase all...
Wall Street jumps on glimmers of economic recovery
Wall Street surged on Tuesday as a record jump in retail sales indicated the U.S. economy is on the road to recovery, five months into its...
Senators introduce aviation safety bill to reform certification after 737 MAX crashes
U.S. lawmakers introduced a bipartisan bill on Tuesday that would reform aircraft certification following two fatal Boeing Co 737 MAX crashes, Senators Roger Wicker and Maria...
How investors can tell which companies do better when it comes to racial diversity
Many companies are second-guessing their own policies when it comes to diversity and inclusion. Investors who want to invest in companies that make this a priority...
Ex-Tommy Hilfiger boss Grieder to become new Hugo Boss CEO
German fashion house Hugo Boss has appointed former Tommy Hilfiger boss Daniel Grieder as its next chief executive, it said on Tuesday.
China keen to seek benefits from pandemic, distressed U.S. assets: report
U.S. lawmakers and policymakers should be wary of China's moves to target vulnerable U.S. assets and expand its market share in the wake of the global...
Stocks, dollar gain on U.S. retail sales, drug trial
A record rebound in U.S. retail sales, fresh support from the Federal Reserve and Bank of Japan, and upbeat trial results for a COVID-19 treatment boosted...
Appeals court sides with exchanges in U.S. SEC fee row
A U.S. appeals court ruled on Tuesday that the Securities and Exchange Commission cannot force stock exchanges to conduct a costly experiment to see how the...
Recalled to work? You can still collect unemployment benefits — and that extra $600 a week
Americans returning to work on a part-time basis may be able to continue receiving unemployment benefits, including the federal $600 weekly enhancement.
Trump team prepares $1 trillion infrastructure plan to spur economy
The Trump administration is preparing an up to $1 trillion infrastructure package focused on transportation projects as part of its push to spur the world's largest...
Wall Street jumps as May retail sales boost hopes of swift recovery
U.S. stocks advanced on Tuesday after a record surge in May retail sales revived hopes of a swift post-pandemic economic rebound, with sentiment also lifted by...
U.S. posts rule allowing U.S. companies to work with Huawei on 5G and other standards
The U.S. Department of Commerce on Tuesday posted a new rule that allows U.S. companies to work with China's Huawei to develop standards for 5G and...