Fed's Powell beats drum for more government aid to bolster economy
The U.S. economy is beginning to recover from the worst of the coronavirus crisis, but with some 25 million Americans displaced from work and the pandemic...
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.
House panel debating $494 billion infrastructure measure
A U.S. House of Representatives panel is debating on Wednesday a Democratic plan to boost infrastructure spending that aims to fix crumbling roads and highways and...
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...
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...
Stocks waver on rising COVID cases, dollar in safety bidding
Global equity markets closed little changed on Wednesday as a rally on economic and vaccine hopes faded, while fresh coronavirus outbreaks and rising geopolitical tensions in...
Safe-haven dollar lifted by rise in coronavirus cases
The U.S. dollar was slightly higher on Wednesday afternoon as evidence of a surge in coronavirus cases in some U.S. states and in Beijing sent investors...
Americans face new coronavirus 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...
Google sets 2025 goal for leadership diversity, curbs on racial profiling
Alphabet Inc's Google on Wednesday announced new goals and policies to address racial issues at its offices, as protests over police brutality against African Americans have...
Unemployment payments backlog draws hundreds to Kentucky's capital
Hundreds of people who lost jobs during the coronavirus crisis but have been unable to get their unemployment insurance checks converged at the Kentucky's Capitol in...
PepsiCo drops Aunt Jemima, criticized for racist history; 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...
Google sets 2025 leadership diversity goal, ends 'tailgater' ID checks
Alphabet Inc's Google on Wednesday announced a new hiring goal and security policy to address racial issues at its offices, as protests over police brutality against...
Trump administration 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...
Oil falls on fears of more COVID-19 cases
Oil prices fell on Wednesday on fears about fresh outbreaks of COVID-19 but prices drew some support from stimulus measures and positive tests of a drug...
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,...
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...