Microsoft bans face-recognition sales to police as Big Tech reacts to protests
Microsoft Corp said on Thursday it would await federal regulation before selling facial recognition technology to police, making it the latest big firm to back away...
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.
U.S. weekly jobless claims fall, but millions still unemployed
Layoffs in the United States are abating, but millions who lost their jobs because of COVID-19 continue to draw unemployment benefits, suggesting the labor market could...
Japan's Takeda to sell some Asia-focused drugs to Celltrion for $278 million
Takeda Pharmaceutical Co Ltd has agreed to sell a portfolio of over-the-counter and prescription drugs marketed in the Asia Pacific region to South Korea's Celltrion Inc...
Here's how the pandemic is reshaping career planning for college students
College students returning to school, or just entering, this fall may be wondering what, if anything, they should do to adjust in the light of the...
Factbox: Unilever's bid to end Anglo-Dutch dual-headed structure
Anglo-Dutch Unilever plans to become a single holding company based in Britain, unwinding a dual-headed structure which has been in place for 90 years.
Wall Street slides at open on fears of second virus wave
U.S. stocks opened sharply lower on Thursday with the Nasdaq falling after a four-day rally on fears of a second wave of coronavirus infections and a...
Employers face reckoning from the George Floyd protests—pressure to close the racial wage gap
Protests against police brutality are shining a light on the issue of systemic racism. Will companies finally take steps to address the racial pay gap?
Pershing Square's Ackman eyes $1 billion-plus 'blank-check' company, sources say
Ackman, whose New York-based hedge fund has more than $10 billion in assets under management, is working with investment banks Jefferies, UBS Group AG and Citigroup...
PayPal pledges over $500 million to support minority-owned U.S. businesses
PayPal Holdings Inc said on Thursday it was pledging $530 million to support black and minority-owned businesses in the United States and foster diversity, amid worldwide...
Medicare isn't free. Here's how much you may need to pay for it in retirement
The amount you pay out of pocket through Medicare could climb well into six-figure territory over the course of your retirement, depending on your specific coverage...
Exclusive: Pershing Square's Ackman eyes $1 billion-plus 'blank-check' company - sources
Billionaire investor William Ackman's hedge fund Pershing Square Capital Management has filed confidentially with U.S. regulators for an initial public offering (IPO) of a blank-check investment...
Uber, Lyft drivers are employees, says California regulator
Drivers working for ride-hailing services such as Uber Technologies Inc and Lyft Inc will now be considered employees under California's new gig worker law, the state's...
U.S. EPA orders Amazon, Ebay to remove unsafe products that cash in on pandemic fears
The U.S. Environmental Protection Agency (EPA) said on Thursday that it ordered Amazon.com Inc and eBay Inc to stop selling a wide range of pesticide products...
Wall Street hammered by fears of spurt in virus infections, economic worries
U.S. stocks slumped on Thursday with the Dow shedding over 5% and the index on track for its sharpest one-day decline since March 18, as investors...
Microsoft declines to sell facial recognition tech to police
Microsoft Corp said on Thursday it would not sell its facial-recognition technology to police departments until there is a federal law regulating the technology.