Wall Street gripped by fears of fresh virus wave
U.S. stocks dropped on Monday after a spike in new coronavirus cases in China and parts of the United States dampened hopes of a swift economic...
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 CEO Jeff Bezos is willing to testify before congress: letter
Amazon Chief Executive Jeff Bezos is willing to testify to a congressional panel investigating potential violations of antitrust law by big tech firms, according to a...
Stocks, oil slide on fears of second pandemic
Fears of a second wave of COVID-19 infections rocked world markets on Monday, knocking down oil prices and a gauge of global equity performance more than...
Explainer: How Fed's Main Street program compares to other small business pandemic aid
The Federal Reserve on Monday launched its latest life raft for U.S. businesses hurt by the coronavirus pandemic.
Fed launches long-awaited Main Street lending program
The Federal Reserve said on Monday it had opened registration for lenders interested in participating in its Main Street Lending Program, launching arguably the most complex...
Treasury Secretary Steven Mnuchin says he will talk to lawmakers about small business bailout disclosure
Mnuchin's statements indicating the Treasury and Small Business Administration would not be disclosing the names of those who took out PPP loans angered high-ranking Democrats.
BP wipes up to $17.5 billion from assets with bleaker oil outlook
BP will write off up to $17.5 billion from the value of its assets after cutting its long-term oil and gas price forecasts, betting the COVID-19...
UAW president, U.S. prosecutor to meet for union reform talks on June 30
United Auto Workers (UAW) President Rory Gamble will meet Matthew Schneider, the U.S. attorney for the Eastern District of Michigan, at the end of the month...
Carmaker PSA cuts back on transfer of Polish workers to French plant
France's PSA , the maker of Peugeot cars, on Monday said it would only transfer a small group of Polish workers to help out in a...
United Airlines pledges loyalty program for $5 billion loan
United Airlines said on Monday it is pledging its MileagePlus frequent flyer program for a new $5 billion loan aimed at further buffering its liquidity, even...
Fears of fresh virus wave hit Wall Street, S&P 500 slips below 3,000 points
Wall Street's main indexes slumped with the S&P 500 falling below 3,000 points on Monday after a spike in new coronavirus cases in China and parts...
For shrinking stock markets, corona crisis looks like a turning point
The coronavirus crisis is likely to reverse a decade-long trend of shrinking equity supply that helped to power the longest bull market in history as cash-strapped...
Embraer swaps commercial aviation chief after failed Boeing deal
Brazilian planemaker Embraer SA said on Monday it was replacing the head of its commercial aviation unit after a planned deal to have Boeing Co take...
GE aviation head to retire, Embraer executive to take helm
General Electric Co said on Monday David Joyce, the chief executive of the company's aviation unit, would retire after 40 years with the industrial conglomerate, and...
PM Orban says government ready to help Audi to allow Hungarian plant run at full capacity
Hungary is ready to give financial support to Audi to allow its Hungarian manufacturing plant to run at full capacity in the wake of the coronavirus...