Proposed law would guarantee refunds for flights canceled during pandemic
Five Democratic senators have proposed a law calling for airlines to refund cash for all canceled flights during the pandemic, whether a carrier canceled or a...
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.
Trump administration to bar Chinese passenger carriers from flying to U.S.
President Donald Trump's administration on Wednesday barred Chinese passenger carriers from flying to the United States starting on June 16 as it pressures Beijing to let...
From wagyu beef to melons, Japan's $2.2 trillion virus rescue piques struggling firms
As the coronavirus jolts Japan, the government's huge stimulus package has come under fire from hard-hit restaurant owners for channelling funds for items like wagyu beef,...
Asian shares hit two-month high as economic optimism spreads
Asian shares rose to a two-month high on Thursday as government stimulus expectations supported investor confidence in an economic recovery from the global coronavirus pandemic.
U.S. finalizes order allowing 15 passenger air carriers to suspend service to 75 airports
The U.S. Transportation Department said late Wednesday it granted final approval to 15 airlines to temporarily halt service to 75 U.S. airports because of a lack...
South Korea seeks arrest warrant for Samsung heir in merger probe
South Korean prosecutors have requested an arrest warrant against Samsung Group heir Jay Y. Lee and two former company executives, they said on Thursday, in an...
Amid pandemic, investors bet on India's Jio and its giant-killer playbook
From its Silicon Valley-like campus near Mumbai, Indian billionaire Mukesh Ambani's Jio telecom carrier is emerging as a winner from changes in the way Indian consumers...
Oil prices fall on concerns supply to rise as producers wrangle on cuts
Oil prices fell on Thursday, reversing gains in the previous session, on concerns that supply will rise if major producers are unable to agree to extend...
Global shares, euro climb on robust risk appetite as lockdowns ease
A gauge of global equity markets rose and the euro gained against the dollar on Wednesday, both for a seventh session, in signs of strong risk...
The coronavirus crisis could have a lasting impact on the gender wage gap
Amid the coronavirus crisis, women have disproportionately cut back on job hours to care for their children, which could cause the gender wage gap to grow.
California sues Education Secretary DeVos for 'failing' to implement student loan forgiveness program
Ninety-nine percent of loan forgiveness applications under a congressionally mandated program were rejected between May 2018 and May 2019.
Asian stocks set to extend gains as stimulus fans recovery hopes
Stronger appetite for riskier assets is set to lift Asian equities on Thursday, as government stimulus expectations support investor confidence in an economic recovery from the...
Snapchat removes Trump account from curated promotional section
Snap Inc said it would no longer promote U.S. President Donald Trump's account in Snapchat's Discover section, saying his incendiary comments last week made the account...
Senate passes bill lengthening coronavirus small-business loan terms
The U.S. Senate unanimously approved legislation on Wednesday giving small businesses up to 24 weeks to use Paycheck Protection Program loans created during the coronavirus pandemic,...
U.S. dollar's shine fading, but risk high of rush to safe havens: Reuters poll
A fading of the U.S. dollar's allure will continue as global funding strains ease, but a majority of analysts polled by Reuters said there was a...