How to navigate bankruptcy if the coronavirus wrecks your business
While overall bankruptcy filings dropped in April, the number of businesses that filed Chapter 11 bankruptcy — which involves reorganizing debt and remaining in operation —...
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 awards contract to make COVID-19 drugs in U.S.
U.S. President Donald Trump's administration has awarded a $354 million contract to U.S.-based Phlow Corp to manufacture drugs being tested or used to fight the new...
Southwest and United airlines say ticket cancellations slowing, demand improving
Two top U.S. airlines said on Tuesday ticket cancellations were slowing and demand was showing some signs of improvement, with Southwest Airlines Co recording more trip...
British retailer Asda's customers fear economic depression
British supermarket group Asda got a sales boost in the first quarter from consumers stocking up before the coronavirus lockdown but it also highlighted that 90%...
U.S. housing starts fall sharply in April
U.S. homebuilding dropped to a five-year low in April, underlining fears that the novel coronavirus crisis would lead to the deepest economic contraction in the second...
Trump wants 7.6% payroll tax cut to help staunch coronavirus economic pain: Kudlow
White House economic adviser Larry Kudlow said on Tuesday that President Donald Trump wants to see a 7.6% cut in the U.S. payroll tax, hoping it...
Wall Street opens lower after strong start to the week
U.S. stocks opened slightly lower on Tuesday, as investors booked profits following the S&P 500's best day in six weeks in the previous session.
Renault to cut 400 jobs at its Slovenia unit
French carmaker Renault plans to cut about 400 out of some 3,200 jobs at its Slovenian unit Revoz after the coronavirus epidemic hit demand for its...
U.S. housing starts post record decline; permits slump
U.S. homebuilding dropped by the most on record in April and permits for future construction tumbled, underlining fears that the novel coronavirus crisis would lead to...
Phlow gets $354 million U.S. funding to ensure drug supply amid COVID-19 pandemic
U.S. drug manufacturer Phlow said on Tuesday it had received $354 million from the government to speed up the manufacturing of drugs being tested and used...
Unemployment is nearing Great Depression levels. Here's how the eras are similar — and different
The unemployment rate is at its highest since the Great Depression. The current situation differs from that of the early 20th century in a few ways...
Kohl's online sales surge amid lockdown, reopens about half of its stores
Kohl's Corp reported a surge in online sales in its coronavirus-hit first quarter on Tuesday and said it had reopened nearly half its stores as lockdowns...
United Airlines says air travel demand improving
United Airlines Holdings Inc said on Tuesday it has seen a moderate improvement in demand for air travel so far in May in the United States...
Trump awards deal to company to manufacture COVID-19 drugs in U.S.
U.S. President Donald Trump's administration has awarded a $354 million contract to U.S.-based Phlow Corp to manufacture drugs being tested or used to fight the new...
Most people think they need to slavishly follow personal finance advice. They're wrong
From budgets to using or avoiding credit credit cards, you can turn personal finance advice on its head and do what works for you. Not every...