U.S. leveraged loan defaults at six-year high as coronavirus hits businesses
The monthly tally of defaults in the U.S. leveraged loan market has hit a six-year high, data from Fitch Ratings showed, as companies are either missing...
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 to visit Ford plant in battleground state Michigan amid tensions with governor
U.S. President Donald Trump travels to the political swing state of Michigan on Thursday to visit a Ford plant amid tension with the state's Democratic governor...
Best Buy revenue, profit beat estimates as online sales surge
Best Buy Co Inc's quarterly revenue and profit topped analysts' estimates on Thursday due to a surge in online sales of electronics needed for consumers to...
Macy's warns of up to $1 billion quarterly loss due to lockdowns
Macy's Inc said on Thursday it could rack up operating losses of up to $1.11 billion in the first quarter, as the retailer was forced to...
Could coronavirus help Amazon workers unionize?
Warehouse employees last month staged a walkout in Michigan to demand safer working conditions at their facility. So did workers in New York, Illinois and Minnesota.
While U.S. economy slides, heartland auto dealers cry out for more trucks
Jerry Bill is worried the novel coronavirus could hurt business at the Des Moines auto dealership he runs, but not because of a shortage of buyers...
Traders Beware: U.S. taps new tools to find fraud in volatile commodities market
When the U.S. Department of Justice charged a handful of JP Morgan Chase & Co traders in 2018 and 2019 with alleged commodities futures manipulation, it...
Futures retreat as trade tensions add to pandemic woes
U.S. stock index futures fell on Thursday as growing trade tensions with China added to worries about the pace of a recovery from a coronavirus-fueled economic...
Gap rushes in more robots to warehouses to solve virus disruption
U.S. apparel chain Gap Inc is speeding up its rollout of warehouse robots for assembling online orders so it can limit human contact during the coronavirus...
As summer driving season kicks off, it's unclear just how many people will take to the road
The upcoming Memorial Day weekend could be a test for the gasoline market as summer driving season begins.
Oil at highest since March on lower U.S. inventories, recovering demand
Oil rose on Thursday to its highest since March, supported by lower U.S. crude inventories, OPEC-led supply cuts and recovering demand as governments ease restrictions on...
U.S. workplace safety agency steps up COVID-19 inspections
The U.S. Labor Department will expand inspections of businesses to reduce job-site hazards related to the new coronavirus as employees begin returning to work across the...
Fed mulls firmer rate guidance, adding dates or goals, minutes show
Federal Reserve policymakers last month opened a broad debate over what they can and should to do to boost the effectiveness of their monetary policy tools...
Stocks rally on reopening, stimulus hopes
The three major averages on Wall St were poised for their fourth gain in five session on Wednesday as investors again bet on a swift economic...
At Fiat Chrysler's Brazil plant, production resumes with safety checks
Before going to work these days, employees at the Brazilian unit of Fiat Chrysler Automobiles have to get a health check using a mobile app every...