South Korean court denies arrest warrant request for Samsung heir
A South Korean court on Tuesday denied an arrest warrant request for Samsung Group heir Jay Y. Lee after prosecutors accused him of accounting fraud 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.
Volkswagen replaces Herbert Diess as CEO of the VW brand
Volkswagen on Monday replaced Herbert Diess as chief executive of the VW brand and installed chief operating officer Ralf Brandstaetter to lead cost cutting efforts at...
PG&E plans $5.75 billion equity raise to fund bankruptcy exit
California-based power provider PG&E Corp said on Monday it plans to raise $5.75 billion from public offerings as it tries to emerge from Chapter 11 bankruptcy...
Nasdaq sets new record, close to confirming bull market in place
The Nasdaq Composite Index rose to a new high on Monday, and looks on track to confirm that it was the first of Wall Street's main...
If you used a chunk of your PPP loan for rent, you can still get some forgiveness
More relief is around the corner for small-business owners. Partial forgiveness is in play for people who used less than 60% of their Paycheck Protection Program...
Wall Street marches higher on hopes of swift economic rebound
Wall Street's main indexes rose on Monday, building on last week's sharp gains after a surprisingly upbeat jobs report raised bets of a swift recovery from...
AstraZeneca, Gilead merger doubted by Wall Street analysts
A merger between AstraZeneca and Gilead Sciences Inc is unlikely due to significant political hurdles, Wall Street analysts said on Monday after a Bloomberg report that...
U.S. economy entered recession in February: NBER
The U.S. economy ended its longest expansion in history in February and entered recession as a result of the coronavirus pandemic, the private economics research group...
Stocks gain on quick economic revival hopes, oil slides
A gauge of global equity markets rose on Monday on hopes of a fast recovery from the coronavirus economic slump while oil slid after Saudi Arabia...
Pandemic creates pension plan tension: Take the lump sum or trust lifetime payments
As companies try to regain their financial footing in the midst of continuing economic uncertainty, a retiring worker's decision to take their pension as a lump...
Elanco wins conditional EU antitrust okay for $7.6 billion Bayer deal
Elanco Animal Health secured EU antitrust clearance on Monday to buy Bayer's veterinary drugs unit after pledging to sell some products to address competition concerns about...
U.S. consumers grew slightly more optimistic about jobs and earnings in May
U.S. consumers felt slightly more optimistic about their finances and job security in May as businesses began to reopen and rehire workers following the easing of...
Say goodbye to six-figure starting salaries – with these exceptions
Starting salaries for newly minted college graduates are lower almost across the board. However, some entry-level positions in tech still pay near six figures.
Dunkin' franchisees to hire up to 25,000 workers as U.S. states reopen
Dunkin', a unit of Dunkin' Brands Group Inc , said on Monday its franchisees are seeking to hire up to 25,000 workers as it prepares for...
Gilead shares rise on report of AstraZeneca's interest in megamerger
Shares of Gilead Sciences Inc rose as much as 3% on Monday after a report said the U.S. drugmaker had been approached by Britain's AstraZeneca for...