Zoom doubles forecast for full-year revenue on remote-work boost
Zoom Video Communications Inc nearly doubled its expectations for annual sales on Tuesday, driven by a surge in users as more people work from home 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.
Twitter names ex-Google CFO Patrick Pichette chairman
Twitter Inc said on Tuesday that it appointed Patrick Pichette, former chief financial officer at Google, as chairman, replacing Omid Kordestani.
Lyft says May rides jump 26% from prior month
Ride-hailing firm Lyft Inc said on Tuesday that rides on its platform rose 26% in May from the previous month helped by strong growth in cities...
U.S. FAA chief to testify at Senate hearing on Boeing 737 MAX
U.S. Federal Aviation Administration chief Steve Dickson will testify June 17 before a U.S. Senate panel on certification of the Boeing 737 MAX that was involved...
Google is sued in U.S. for tracking users' 'private' internet browsing
Google was sued on Tuesday in a proposed class action accusing the internet search company of illegally invading the privacy of millions of users by tracking...
Twitter names ex Google CFO Pichette as chair, Kordestani to stay on
Twitter Inc on Tuesday appointed Patrick Pichette, a former chief financial officer at Google, as the social network's board chairman, marking the first time in Twitter's...
This is a lucrative — but little-used — unemployment benefit: 'It's a complete windfall'
Work-sharing programs, which are part of the unemployment insurance system, could financially benefit workers and businesses amid the coronavirus pandemic. Turns out, they're rarely used.
Big in China and tiny in the U.S., Fast Retailing seen weathering pandemic
The coronavirus pandemic is shredding the global apparel industry, stripping hundreds of billions of dollars from sales and thrusting big names like J.Crew into bankruptcy protection.
Google faces $5 billion lawsuit in U.S. for tracking 'private' internet use
Google was sued on Tuesday in a proposed class action accusing the internet search company of illegally invading the privacy of millions of users by pervasively...
Oil hits three-month high over hopes for output cuts
Oil rose on Wednesday to a near three-month high amid optimism that major producers will extend production cuts as the world recovers from the coronavirus pandemic.
Asian stocks set to gain as stimulus hopes support risk appetite
Asian stocks were poised to follow the global rally on Wednesday as hopes of more government stimulus bolstered riskier assets and overshadowed a host of other...
Zoom nearly doubles revenue forecast on remote-work boost, but costs rising
Zoom Video Communications Inc nearly doubled its expectations for annual sales on Tuesday, driven by a surge in users as more people work from home and...
Brent oil rises to $40 amid hopes for output cuts, recovery
Oil rose on Wednesday, with Brent at $40 for the first time since March, as optimism mounted that major producers will extend production cuts and a...
Asian stocks jump to 3-month high as recovery hopes outweigh looming risks
Asian shares vaulted to a near three-month high on Wednesday as hopes of more stimulus and further easing in social restrictions around the world outweighed caution...
Black corporate, nonprofit leaders say protests point to America's racial wealth gap, offer solutions
On Monday several black leaders in business and finance voiced their reaction to CNBC over the killing of George Floyd and the protests that followed, saying...