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...
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.
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...
Dollar General sales surge on coronavirus-driven demand
Dollar General Corp reported its biggest rise in quarterly sales in at least 14 years on Thursday, benefiting from a surge in demand from customers stocking...
Latin America grabs world spotlight for airline bankruptcies
LATAM Airlines and Avianca Holdings survived the Great Depression, but just a few weeks of quarantines forced both companies into bankruptcy, marking Latin America as the...
Home trading triggers bank 'black hole' surveillance alerts
Potential breaches of market rules have spiked since traders began working from home in March, drawing scrutiny from regulators and piling pressure on banks to plug...
Here's how unpaid debts are handled when a person passes away
Several factors determine how unpaid obligations are treated at death, including the type of debt and whose name is on it, as well as applicable state...
Renault to take 3.6 billion euro hit from Nissan losses
French carmaker Renault said on Thursday that losses at its Japanese partner Nissan , in which it has a 43% stake, would drag on its on...
GM, Ford turn to fast-payment programs to aid suppliers hit by shutdowns
General Motors Co and Ford Motor Co are using fast-payment programs set up with financial lenders to help cash-strapped small suppliers survive production shutdowns caused by...
Amazon to offer permanent roles to 70% of 175,000 new U.S. hires
Amazon.com Inc plans to offer permanent jobs to about 70% of the U.S. workforce it has hired temporarily to meet consumer demand during the coronavirus pandemic,...
Trump leapfrogs back ahead of Obama in stock market gains
U.S. President Donald Trump is once again beating predecessor Barack Obama in stock market performance following a stunning recovery on Wall Street.
Nissan says to close Barcelona plant from December
Nissan Motor Co intends to close its Barcelona main plant and two nearby facilities starting from December 2020, but it will keep open two facilities in...
Nissan plans to slash costs after first loss in 11 years
Nissan Motor Co outlined a new plan on Thursday to become a smaller, more cost-efficient carmaker after the coronavirus pandemic exacerbated a slide in profitability that...
U.S. states, cities may snub Fed lending program over high rates
High borrowing costs will limit participation in a $500 billion U.S. Federal Reserve short-term borrowing program set up to address state and city revenue shortfalls due...
S&P futures tread water as Sino-U.S. tensions weigh
Futures contracts for the S&P 500 were largely flat on Thursday as investors weighed hopes of an economic recovery against underlying tensions between the United States...