The U.S. is officially in a recession. Will it actually become a depression?
The U.S. is officially in a recession. While unemployment levels are at their highest since the Great Depression, economists think it's unlikely the country will tip...
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.
Airline industry headed for $84 billion loss this year: IATA
The coronavirus crisis will lead the airline industry into record annual losses of $84 billion as 2020 goes down as the "worst year in the history...
Factbox: Why Tiffany's debt obligations matter for its sale to LVMH
U.S. jewelry chain Tiffany & Co said on Tuesday that it amended some of the terms of its debt to give it financial breathing space, as...
Cathay Pacific plans to repay Hong Kong government over three to five years
Cathay Pacific Airways Ltd said it expects to repay the Hong Kong government for HK$19.5 billion ($2.52 billion) of preference shares over a three to five...
Oil dips on oversupply concerns and stronger dollar
Oil prices fell on Tuesday, weighed down by a stronger dollar and oversupply concerns after it was announced that a trio of Gulf producers would end...
Tiffany amends debt pacts for financial leeway amid pandemic, slump in sales
U.S. luxury jeweler Tiffany & Co , which is being bought by France's LVMH for $16 billion, said on Tuesday it had amended some of its...
Vitol veteran Taylor, who transformed oil trade, dies aged 64
Ian Taylor, who built Vitol into the world's biggest oil trader, has died from pneumonia at the age of 64, the company said on Tuesday, after...
Corning wins U.S. funding for glass vials output for COVID-19 vaccines
Glass maker Corning Inc said on Tuesday it would receive $204 million from the U.S. government to boost manufacturing capacity of its vials that will be...
Wall Street retreats after rally; Fed meeting in focus
U.S. stocks fell on Tuesday as investors paused ahead of a Federal Reserve meeting that could offer views on the recent signs of economic recovery that...
Asian shares slip after mixed Wall Street session
Asian equities slipped on Wednesday after most U.S. stocks pared gains made during their recent rally, although the Nasdaq benchmark reached its second straight day at...
Volkswagen CEO apologised to supervisory board for 'inappropriate' remarks
Volkswagen Chief Executive Herbert Diess apologised to the company's supervisory board for having made "inappropriate and wrong" statements at an internal event, the carmaker said on...
Colorado restaurants reopen after millions in losses as coronavirus cases fall across the state
Restaurant owners in Colorado are busy opening up their patios and spacing out tables after receiving the much-anticipated green light to restart in-person dining. While most...
Meet Nikola, the speculative electric vehicle stock that traders believe is as valuable as Ford
Nikola Corporation, which makes battery-electric and hydrogen-electric trucks, has more than doubled since it began trading on June 4.
The hot new thing to make your stock pop: Go bankrupt
Bankrupt names Hertz, Whiting Petroleum, Pier 1 and J.C. Penny saw their shares surging at least 70% each in Monday's trading alone, some of which more...
While 21 million Americans were unemployed as of May, long-term joblessness hasn't seen an uptick
The number of Americans unemployed for a long stretch of time has remained steady since the start of the year. Families and the broader economy could...