Chile's LATAM Airlines files for U.S. Chapter 11 bankruptcy protection
LATAM Airlines Group SA said on Tuesday the company and its affiliates in Chile, Peru, Colombia, Ecuador and U.S. have filed for Chapter 11 bankruptcy protection...
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.
Oil prices rise on supply cut hopes, easing of coronavirus lockdowns
Oil prices climbed on Tuesday, boosted by increasing faith in the market that producers will to stick to commitments to cut crude supply while demand picks...
'Good news across the board' — Mohamed El-Erian raves about vaccine, reopening developments
Real-time data showed businesses and households were reengaging in the economy, said the Allianz chief economic advisor. "The big hope is we sustain it."
Lufthansa has good prospects for future: German ministries
The German Finance and Economy Ministries on Monday said Lufthansa was an operationally healthy company before the coronavirus outbreak, as well as profitable and with good...
These simple financial tweaks can help you survive and even thrive during the pandemic
To get through the isolation of the Covid-19 pandemic and uncertain finances, you need a handful of financial strategies. Here are a few tweaks to shore...
Germany's Scholz: Lufthansa rescue package should yield 'small profit' for state
Germany's rescue package for flagship carrier Lufthansa is a "very, very good solution" that is taking into account the needs of both the company and taxpayers,...
Daimler to invest in Chinese EV battery maker Farasis' $480 million IPO: sources
Daimler AG plans to invest in Farasis Energy's planned $480 million IPO, aiming to ensure a stable supply of batteries from the Chinese firm as it...
Lufthansa says Germany approves stabilization package
Germany's new Economic Stabilization Fund (WSF) has approved a 9 billion euro ($9.80 billion) stabilization package for Lufthansa , Germany's flagship carrier said on Monday.
Lufthansa and German government agree $9.8 billion rescue package
The German government and Lufthansa , which has been hit hard by the coronavirus pandemic, have reached a preliminary deal on a 9 billion euro ($9.8...
Air Canada, Transat deal faces intense EU antitrust scrutiny
Air Canada's bid for Canadian tour operator Transat AT Inc may result in higher prices and less choice for flights between Europe and Canada, EU antitrust...
Here are the top 10 cities for summer staycations
Amid the coronavirus pandemic, many Americans will opt to vacation at or near home this summer. Personal finance site WalletHub ranked 180 U.S. cities from best...
Kevin O'Leary's advice for small business owners as the economy reopens: 'Practice being thrifty'
"At some point, we're gonna start to reopen," Kevin O'Leary, investor on ABC's "Shark Tank," tells CNBC Make It. "But [business owners should] lower your expectations."
German survey fuels stock gains, euro investors eye EU summit
Stocks gained modestly on Monday after a survey showed German business morale rebounded in May, while investors kept a close eye on escalating U.S.-China tensions in...
Two-time Shark Tank alum and Youtube star on running a business during coronavirus
Aaron "Alpha.M" Marino is no stranger to small business challenges. He has been on Shark Tank (twice), and built a retail success in a crowded field...
Merkel won't allow EU to deprive Lufthansa of key slots: Handelsblatt
Chancellor Angela Merkel told senior members of her party that the German government would not allow the European Commission to deprive Lufthansa of valuable take-off and...