Oil drops after U.S. inventory build renews oversupply concerns
Oil prices fell on Wednesday as an industry report showed a rise in crude and fuel inventories in the United States, renewing concerns about oversupply 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.
Asian shares creep higher as markets wait for Fed
Asian stock markets eked out a 10th consecutive session of gains on Wednesday, but momentum ebbed as doubts about the global recovery from the pandemic returned...
Barclays labels Staveley lawsuit 'distorted and exaggerated'
Barclays has dismissed as "distorted and exaggerated" legal arguments by financier Amanda Staveley, who is claiming up to 1.5 billion pounds in damages for alleged deceit...
FCC proposes record $225 million fine for massive robocall campaign
The Federal Communications Commission (FCC) on Tuesday voted unanimously to propose a record-setting $225 million fine against Texas-based health insurance telemarketers for allegedly making approximately 1...
Macy's says return to normal business at least a year away
Macy's Inc warned on Tuesday its business was not likely to return to normal until late next year, even as it saw better-than-expected sales from stores...
S&P 500, Dow ease as focus shifts to Fed; tech pushes Nasdaq to closing record
The S&P 500 and Dow fell on Tuesday, pausing after recent strong gains as focus shifted to the Federal Reserve, while the Nasdaq ended at an...
Stocks trend lower as investors step back, safe-havens rally
A recent run of optimism in markets hit the brakes on Tuesday as investors mostly pulled back from stocks, though the Nasdaq extended its record run...
Behind tech layoffs lay systemic cash flow negative companies
Medium Gonzalo Espinoza Graham May 31, 2020 Since the pandemic started, there’s been approximately 61,260 tech layoffs [1]. Close to 30% of the layoffs came from...
What to look for in the Fed's U.S. economic outlook
U.S. Federal Reserve policymakers on Wednesday will publish their first economic projections since the coronavirus pandemic set off a recession in February, estimates expected to signal...
Pompeo chides HSBC for 'corporate kowtow' to Beijing
U.S. Secretary of State Mike Pompeo on Tuesday chided British bank HSBC for backing moves by China to end Hong Kong's autonomy, saying such "corporate kowtows"...
Thousands of Vodafone UK customers face call connection problems
Thousands of British customers of Vodafone Group Plc , the world's second-biggest mobile operator, faced call connection problems on Tuesday evening, although they were resolved within...
Oil rises as production curbs offset renewed demand fear
Oil prices rose on Tuesday, as optimism about recent commitments from major oil producers to curb production offset concerns that a resurgence in coronavirus cases could...
Chinese companies put U.S. listing plans on ice as tensions mount
Chinese companies are putting off plans for U.S. listings as tensions between the world's top two economies rise, lawyers, bankers, accountants and regulators involved in what...
Coronavirus widens the cracks in Egypt's cement industry
The coronavirus is putting Egypt's private cement industry under even more pressure.
Risk-taking billionaires offer rich reward for Credit Suisse
Credit Suisse is banking on risk-taking billionaires to drive revenue growth at its wealth management division.