United reshuffles management as it prepares for uncertain recovery
United Airlines Holdings Inc is reshuffling its management team to help the airline prepare for the near-term uncertainty of travel demand, new Chief Executive Scott Kirby...
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.
This disaster could wipe out your finances – and few people are preparing for it
Americans' finances have been battered by the coronavirus pandemic, and now a new threat is emerging: hurricane season. Only 15% of people polled by the American...
Huawei CFO Meng's U.S. extradition case hinges on key ruling in Canada on Wednesday
A Canadian judge will rule Wednesday on a key aspect of Huawei Technologies Chief Financial Officer Meng Wanzhou's extradition to the United States, with a favourable...
Germany's Altmaier: Lufthansa bailout is in Europe's own interests
German Economy Minister Peter Altmaier said on Wednesday he expected the European Commission to approve a 9-billion euro bailout of flagship carrier Lufthansa, adding that it...
Euro, stocks retreat from rally on EU stimulus plan
The euro retreated from near two-month highs and equity markets wavered on Wednesday even as the European Union unveiled a 750 billion euro ($823 billion) recovery...
Hershey says mint, gum sales hit as lockdowns restrict social gatherings
Hershey Co said on Wednesday sales of gums and mints have taken a hit as social distancing protocols spurred by the COVID-19 pandemic discouraged people from...
Goldman Sachs on target to meet medium,long-term growth goals: executive
Goldman Sachs Group Inc President and Chief Operating Officer John Waldron said Wednesday that the bank remains on track to achieve its medium and long term...
Lufthansa board rejects EU conditions on $10 billion bailout
German airline Lufthansa's supervisory board on Wednesday rejected conditions imposed by Brussels on a proposed government bailout, casting fresh doubt on the 9 billion euro ($9.9...
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...
Tech selloff weighs on S&P 500, Nasdaq
A selloff in technology stocks dragged on the S&P 500 and Nasdaq on Wednesday, with investors also cautious about brewing U.S.-China tensions at a time when...
Here are key ways the coronavirus crisis differs from the Great Recession
Today's market havoc may feel like a trip down memory lane, but there are stark contrasts between the Covid-19 downturn and the Great Recession. Here are...
Here's what to do when you are close to retirement and a global pandemic hits
When retirement looms but a global pandemic causes havoc, here's how you can secure future plans.
Lufthansa supervisory board postpones approval of bailout package
Lufthansa's supervisory board postponed approval of a 9 billion euro ($9.90 billion) bailout in light of conditions imposed by the European Union, the German airline group...
Wall Street opens higher on recovery optimism
U.S. stock indexes gained at the open on Wednesday as a pickup in business activity fueled hopes of a post-pandemic economic recovery, while investors remained cautious...
Op-ed: People can change their minds, which is one big reason behind the market's recovery
Pundits have railed against moving into equities too quickly, believing that consumers will remain reluctant to venture out for months, but the market may have discounted...