Goldman Sachs forms fund to address racial injustice
Goldman Sachs Group Inc said on Wednesday it had launched a $10 million fund to support the work of organizations addressing racial injustice, structural inequity 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.
U.S. air passengers fell 96% in April to historic low: government
U.S. airlines carried 3 million passengers in April, a staggering 96% decline amid the coronavirus pandemic and flight restrictions, the Transportation Department said Wednesday.
Walmart's Mexico business set to absorb two internal units
The Mexican unit of U.S. retailer Walmart said on Wednesday a shareholder meeting would discuss the absorption of two internal units, Holding de Restaurantes y Servicios...
Weak demand keeps U.S. inflation subdued
U.S. consumer prices fell for a third straight month in May and underlying inflation was weak as demand for goods and services remained subdued amid a...
With crisis response in place, Fed focuses on long term
The Federal Reserve completes its latest policy meeting on Wednesday with attention turning from its massive response to the coronavirus pandemic and toward its still-developing plans...
Tesla shares surge past $1,000 as Musk revs up the Semi
Tesla Inc's stock jumped above $1,000 a share on Wednesday after Chief Executive Elon Musk told his staff it was time to bring the Tesla Semi...
UK regulator gets more time for final ruling on Amazon's Deliveroo deal
Britain's competition regulator has given itself two more months to make a final ruling on Amazon's purchase of a minority stake in online delivery group Deliveroo...
Ford to return to pre-COVID production rates in U.S. plants by early July, COO says
Ford Motor Co expects to have its U.S. vehicle assembly plants return by early July to building at the rates they did before the coronavirus pandemic...
Dollar slumps to three-month lows on Fed easing speculation
The dollar dropped to a three-month low on Wednesday as speculation increased that the U.S. Federal Reserve will announce later in the session it intends to...
Starbucks forecasts over $2 billion drop in quarterly income as COVID-19 hits
Starbucks Corp said on Wednesday it expects current-quarter operating income to plunge by up to $2.2 billion, and sales to decline for the rest of the...
Twitter, Square to make June 19 a holiday to support racial diversity
Jack Dorsey, the chief executive of Square Inc and Twitter Inc, said June 19, popularly known as 'Juneteenth', would be a permanent company-wide holiday in the...
Goldman traders gain $1 billion in commodities revenue after oil slump
Goldman Sachs Group Inc commodities unit generated more than $1 billion in revenue this year through May as traders positioned their bets for the collapse in...
Congress seeks answers on Juniper Networks breach amid encryption fight
A group of U.S. lawmakers preparing to fight a legislative attack on encrypted communications is trying to establish what happened when encryption was subverted at a...
Credit Suisse CEO sees things 'going in right direction'
Business conditions are improving after a tough start to the year, Credit Suisse Chief Executive Thomas Gottstein said in a presentation released on Wednesday.
World stocks hold fire ahead of Fed, dollar stumbles
World stock markets hovered below three-month highs on Wednesday, while the dollar stumbled ahead of a meeting of the U.S. Federal Reserve.