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...
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.
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...
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?
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...
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.
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...
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...
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...
Uber, Lyft drivers now considered employees under California law
The California Public Utilities Commission (CPUC) said drivers under Transportation Network Companies (TNCs), which include ride-hailing services such as Uber Technologies Inc and Lyft Inc ,...
Futures drop on fears of second virus wave, bleak economic view
U.S. stock futures fell sharply on Thursday on jitters over a second wave of coronavirus infections and a grim forecast for the economy from the Federal...
U.S. auto suppliers cheer as carmakers relaunch, but long-term worries remain
Auto parts suppliers across North America said they are encouraged as major automakers accelerate production after coronavirus pandemic shutdowns, but are holding back on hiring and...
Walmart to stop keeping 'multicultural' beauty products in locked display cases
Walmart Inc will stop keeping personal care products designed for people of color in locked display cases, the retailer said, after the practice drew flak online...
EU to file antitrust complaint against Amazon over treatment of third party sellers: WSJ
The European Union is planning on filing formal antitrust charges against Amazon.com Inc over its treatment of third-party sellers, the Wall Street Journal reported on Thursday,...
Volkswagen board apologises after publication of racist advert
Volkswagen's management board on Thursday apologised for the company's publication on its Instagram page of a racist advert and said the clip was published because of...
Futures fall after Fed's sobering outlook, fears of second virus wave
U.S. stock futures extended declines on Thursday, a day after the Federal Reserve's economic forecast confirmed that the pain from the coronavirus outbreak will be felt...