Tesla's Elon Musk calls for breakup of Amazon in tweet
Telsa Inc Chief Executive Elon Musk on Thursday called for Amazon.com Inc to be broken up.
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.
Uber Eats features black-owned restaurants on U.S., Canadian delivery platform
Uber Technologies Inc on Thursday launched a feature on its food delivery app Uber Eats that allows customers in the United States and Canada to order...
ECB sends euro higher, stocks pause after week-long rally
The euro jumped to a 12-week high against the dollar on Thursday after another shot of European Central Bank stimulus to help economies slammed by the...
Slack withdraws billings forecast on COVID-19 uncertainty
Slack Technologies Inc on Thursday withdrew its forecast for 2021 billings citing uncertainty driven by the COVID-19 pandemic, sending shares down 16% after market hours.
Gap reports huge first-quarter loss on coronavirus-led store closures
Gap Inc on Thursday reported a whopping first-quarter loss of $932 million as the apparel retailer wrote down the value of some assets due to coronavirus-driven...
U.S. to revise Chinese passenger airline ban after Beijing move
The U.S. Transportation Department plans to issue a revised order in the coming days that is likely to allow some Chinese passenger airline flights to continue,...
Slack revenue growth fails to impress; scraps billings outlook
Slack Technologies Inc on Thursday withdrew its 2021 billing outlook and reported a 50% jump in quarterly sales that failed to surpass lofty investor expectations driven...
American Airlines soars 41% as plan to add July flights sparks relief rally
American Airlines Group Inc shares jumped more than 40% on Thursday after announcing a big boost to U.S. flights next month following dramatic cuts caused by...
ECB's super stimulus salvo sends stocks, euro higher
World markets got another shot of energy on Thursday as the European Central Bank (ECB) ramped up its Pandemic Emergency Purchase Programme (PEPP) to 1.35 trillion...
Bernard Madoff fails to win compassionate release from prison
A federal judge on Thursday rejected Bernard Madoff's request to be released early from prison because he was dying of kidney failure, saying the swindler has...
Pompeo calls Nasdaq's strict rules a model to guard against fraudulent Chinese companies
U.S. Secretary of State Mike Pompeo on Thursday warned American investors against 'fraudulent' accounting practices of China-based companies and said the Nasdaq's recent decision to tighten...
Fintech Firms Fight Friction To Disrupt Banks
Forbes Roger Dooley Jun 1, 2020 Who is the biggest mortgage lender in the U.S.? If you guessed Wells Fargo, JP Morgan Chase, or Bank of...
Luxury carmaker Bentley to cut about 1,000 jobs in UK amid virus outbreak: BBC
Luxury carmaker Bentley is cutting about 1,000 jobs in the United Kingdom amid the ongoing coronavirus outbreak, the BBC reported late on Thursday.
American Airlines announces 14 officer departures, memos show
American Airlines Group Inc told employees on Thursday that 14 officers will be as leaving the company as part of leadership changes in which another five...
Broadcom's revenue forecast disappoints on weakness in chip business
Broadcom Inc on Thursday forecast current-quarter revenue, the mid-point of which was slightly below Wall Street estimates as its chip business was weighed down by the...