S&P 500, Dow extend rally on hopes of swift economic rebound
Wall Street's major indexes rose on Monday, building on last week's sharp gains after a surprisingly upbeat jobs report raised bets of a swift recovery from...
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.
'Where are the sellers?' Cramer worries about stock market getting too far ahead of the economy
"It's almost as if people decided Covid is over. It's a 'V-shaped' rally, and you bet get on board," CNBC's Jim Cramer said on Monday.
Ryanair's O'Leary says UK quarantine will be quashed or dropped
Ryanair boss Michael O'Leary said he believed Britain's coronavirus quarantine will be struck down by the courts or dropped within weeks as some of Europe's biggest...
Austria's Kurz to hold news conference on Austrian Airlines at 1500 GMT
Austrian Chancellor Sebastian Kurz, Vice Chancellor Werner Kogler and Finance Minister Gernot Bluemel will hold a news conference on Lufthansa unit Austrian Airlines at 5 p.m....
Austria strikes €450 million bailout deal for Lufthansa unit: sources
Austria has agreed to a smaller-than-expected bailout package for Lufthansa unit Austrian Airlines of 450 million euros ($508 million) in loans and grants, people familiar with...
UK's quarantine will be quashed or dropped: Ryanair's O'Leary
The United Kingdom's coronavirus quarantine will be struck down by the courts or dropped within weeks as some of Europe's biggest airlines prepare to file a...
Wall Street opens higher on economic rebound hopes
Wall Street's main indexes opened higher on Monday, building on last week's rally after a surprise rebound in jobs bolstered views that the U.S. economy has...
Exclusive: Volkswagen supervisory board to discuss VW brand leadership - sources
Volkswagen's supervisory board will discuss the leadership of the company's core VW brand at an extraordinary meeting due to be held on Monday, sources familiar with...
British financier Staveley's $2 billion Barclays lawsuit hits High Court
British buinesswoman Amanda Staveley's private equity firm told London's High Court on Monday it had received a "substantially worse" deal than Qatar when its syndicate invested...
EU antitrust regulators reinforce case against Teva pay-for-delay deals
EU antitrust enforcers, boosted by recent court victories, on Monday reinforced their case against Israeli drugmaker Teva over its deal with rival Cephalon to delay selling...
Austria strikes 450 mln eur bailout deal for Lufthansa unit: sources
Austria has agreed to a smaller-than-expected bailout package for Lufthansa unit Austrian Airlines of 450 million euros ($508 million) in loans and grants, people familiar with...
How to financially support your adult children without breaking your nest egg
Financial experts warn about the dire consequences of giving your adult children money. Yet, in these trying times, it may be necessary.
Mohamed El-Erian: I'm 'uncomfortable' betting on continued 'huge recovery' in the stock market
The Allianz chief economic advisor, who in early March correctly called a coronavirus-driven bear market, told CNBC he's reluctant to buy the recent reopening rally.
Gilead shares rise 5% on report of AstraZeneca's interest in megamerger
Shares of U.S. drugmaker Gilead Sciences Inc rose over 5% in premarket trading on Monday after a report it had been approached by Britain's AstraZeneca for...
Exclusive: Oil major BP to cut 15% of workforce
BP will cut about 15% of its workforce in response to the coronavirus crisis and as part of Chief Executive Bernard Looney's plan to shift the...