New York area business activity shows signs of improvement in June
Business conditions in the New York region began to show signs of improvement in June, and companies have started bringing their staff back to work and...
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.
Oil prices edge higher as supply cut hopes outweigh coronavirus resurgence fears
Oil prices made marginal gains on Tuesday, reversing out of earlier losses, as hopes for further cuts in crude supplies took the sting out of concerns...
Oil prices up 4% on supply cuts, improving demand
Oil prices jumped around 4% on Tuesday after the International Energy Agency (IEA) increased its oil demand forecast for 2020 and as record supply cuts provided...
Exclusive: Tencent aims to become biggest shareholder of video streaming rival iQIYI - sources
Tencent Holdings Ltd aims to become the biggest shareholder in video streaming rival iQIYI Inc , said two people familiar with the matter, to lower costs...
U.S. economic recovery hinges on virus being under control, Fed's Powell says
A full U.S. economic recovery will not occur until the American people are sure that the novel coronavirus epidemic has been brought under control, Federal Reserve...
Volkswagen to pay $267 million for Audi buyout
Volkswagen will pay a 48% premium to buy out the minority shareholders of premium division Audi , Audi said on Tuesday.
EU antitrust regulators to investigate Apple's App Store, Apple Pay
Apple on Tuesday found itself the target of two EU antitrust investigations into its App Store and Apple Pay as regulators said its terms and conditions...
U.S. posts rule allowing U.S. companies to work with Huawei on 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...
Hilton to cut 2,100 corporate jobs globally
Hotel chain Hilton Worldwide Holdings Inc said on Tuesday it would cut 2,100 corporate roles globally in response to the coronavirus outbreak.
Apple says disappointed with EU antitrust investigations
Apple on Tuesday accused a few companies of filing groundless complaints and criticised EU antitrust regulators for listening to them and opening two investigations into its...
U.S. economy starts long recovery as retail sales post record jump
U.S. retail sales increased by the most on record in May after two straight months of sharp declines as businesses reopened, offering more evidence that the...
U.S. bank profits plunge 70% on coronavirus loss provisioning
U.S. bank profits fell by 69.6% to $18.5 billion in the first quarter of 2020 from the year prior as banks felt the economic impact of...
Oil prices rise as Wall Street rallies, demand improves
Oil prices rose on Tuesday as Wall Street surged and the International Energy Agency (IEA) increased its oil demand forecast for 2020, but gains were capped...
Walmart’s New Shopify Partnership Is Another Stroke Of Omnichannel Genius
Forbes Chris Walton Jun 15, 2020 Over the last few months, Walmart has been setting an example for other retailers to follow. When the pandemic began,...
GE picks Embraer planemaking chief to run aviation unit
General Electric Co on Monday tapped the planemaking head of Brazil's Embraer to run its key aircraft engines division on Monday, as the global aviation industry...