Luxury homebuilder Toll Brothers scraps 2020 forecast on COVID-19 woes
U.S. luxury homebuilder Toll Brothers Inc on Wednesday withdrew its full-year forecast and warned it would not provide such guidance for the foreseeable future due to...
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.
Edtech’s biggest threat? Kids
Sifted Tim Smith May 26, 2020 As coronavirus has forced classrooms around the world to move online, kids are getting creative in trying to sabotage lessons...
U.S. states sue Trump administration over fuel efficiency rollback
A group of 23 U.S. states and the District of Columbia filed a lawsuit on Wednesday challenging a Trump administration decision to weaken Obama-era fuel efficiency...
Dollar treads water against euro; yuan sinks on U.S.-China tensions
The dollar steadied against the euro on Wednesday even as the common currency remained supported by news of a proposal for an economic recovery package to...
U.S. businesses hammered by pandemic but see some green shoots, Fed says
U.S. businesses continued to be slammed by the effects of the novel coronavirus epidemic into the middle of May, a Federal Reserve report showed on Wednesday,...
BlackRock votes to split CEO, chairman roles at Exxon Mobil
Top fund manager BlackRock Inc on Wednesday said it cast an advisory vote in favor of an independent chairman at Exxon Mobil Corp and cast votes...
23 U.S. states sue Trump administration over fuel efficiency rollback
A group of 23 U.S. states led by California, the District of Columbia and four major cities are filing suit Wednesday to challenge a Trump administration...
U.S. economic activity fell sharply due to coronavirus disruptions, Fed says
Economic activity declined sharply across the United States over the past several weeks, according to a Federal Reserve report released on Wednesday, reflecting the disruptions caused...
Crowdfunding Your Workplace
Guest Post May 27, 2020 As real estate prices keep rising, the practice of crowdfunding your workplace — especially if you're independently funded — has never...
American Airlines not considering Chapter 11, demand improving: CEO
American Airlines Group Inc's is not considering a Chapter 11 bankruptcy filing, CEO Doug Parker said in response to a question at a conference on Wednesday,...
Oil slides on U.S.-China tensions
Oil futures tumbled on Wednesday after U.S. President Donald Trump said he was working on a strong response to China's proposed security law in Hong Kong...
Occidental is sued by shareholders, bondholders over Anadarko merger
Occidental Petroleum Corp has been sued by investors who claim they suffered billions of dollars of losses because the heavily indebted company concealed its inability to...
Student loan borrowers could get three-year relief as pandemic eases
The coronavirus pandemic has excerbated the growing sense that there's something broken with how the U.S. finances higher education. Plans to deliver relief to borrowers are...
Ackman says portfolio is up as much as 27%, sold Berkshire recently
Billionaire investor William Ackman told investors on Wednesday that his funds have gained as much as 27% this year and that the stocks he already owns...
All three Detroit automakers had workers test positive for COVID-19 since plants reopened
In the week since U.S. auto factories reopened after coronavirus lockdowns, workers at all three Detroit automakers have tested positive for COVID-19 but only Ford Motor...