Nissan must watch cash given possible risk of second virus outbreak: CEO
Nissan Motor Co's cash situation is "tough" as the coronavirus has sapped car sales, and the automaker must be vigilant in the coming months as 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.
Exclusive: TikTok owner ByteDance moves to shift power out of China - sources
TikTok's poaching of Disney's Kevin Mayer to be its CEO was just the most visible part of a broader strategy by its Chinese owner to shift...
China's Geely Automobile launches share placement of up to $859 million
China's Geely Automobile Holdings Ltd has launched an $836 million-$859 million placement of 600 million new shares, according to a term sheet seen by Reuters.
Dollar chains report surge in sales on coronavirus-driven demand
The top two U.S. dollar store chains reported better-than-expected quarterly sales and profit on Thursday, benefiting from a surge in demand for affordable groceries and household...
These restrictions on coronavirus loans may surprise business owners
Thousands of business owners have received coronavirus aid through the Economic Injury Disaster Loan program. The terms may catch some off guard.
Will pandemic force your college to go bankrupt?
As the spring semester comes and goes, the future looks even more uncertain for colleges and universities across the country.
Exclusive: UK retailer Debenhams cuts 'hundreds' of head office staff - sources
British department store group Debenhams has cut "hundreds" of head office jobs as it slims down its administrative functions to support a smaller business in the...
Dollar Tree quarterly same-store sales rise 7%
Dollar Tree Inc reported a surge in quarterly same-store sales on Thursday, joining rival Dollar General , as the discount retailer benefited from consumers stockpiling on...
U.S. firms shield CEO pay as pandemic hits workers, investors
Sonic Automotive Inc , which operates 95 U.S. car dealerships, started laying off and furloughing about a third of its workforce as the coronavirus pandemic crushed...
Asian stocks slip as markets await Trump's Hong Kong response
Asia's stock markets pulled back and major currencies were held in check on Friday, as investors await the U.S. response to China tightening control over the...
Six New Unicorns, One Acquisition And Four Companies With 200-Plus Layoffs: How Last Year’s Next Billion-Dollar Startups Have Fared
Forbes Glenda Toma May 28, 2020 Last December, language-learning app Duolingo surpassed the $1 billion valuation mark, becoming the fifth company on last year’s Next Billion-Dollar...
Oil prices fall as U.S. fuel demand remains weak
Oil prices edged lower on Friday after U.S. inventory data showed lacklustre fuel demand in the world's largest oil consumer while worsening U.S.-China tensions weighed on...
Los Angeles union, joined by 'Pandemic Pig,' demands meatpacking plant closure
The union representing workers at a meatpacking plant near Los Angeles where at least 153 employees have come down with COVID-19 called on Thursday for the...
Volkswagen agrees to buy 50% of EV partner JAC's parent company
Anhui Jianghuai Automobile Group (JAC Motors) said on Friday that German automaker Volkswagen AG agreed to buy 50% of its parent company Anhui Jianghuai Automobile Group...
U.S.-China tension to push Asian shares lower in choppy trade
Asian shares were set to dip in choppy trade on Friday as worries about worsening U.S.-China ties offset the fillip from hopes massive government stimulus can...