Wall Street ends down on Powell's sober outlook, call to Congress for help
Wall Street's three major indexes closed lower for the second day in a row after Federal Reserve Chairman Jerome Powell warned on Wednesday of extended economic...
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 extends U.S. telecom supply chain order aimed at Huawei, ZTE
President Donald Trump on Wednesday extended for another year an executive order signed in May 2019 declaring a national emergency and barring U.S. companies from using...
How is Amazon disrupting the financial services sector?
Fintech Magazine Matt High May 13, 2020 Amazon is unbundling financial services from every angle, according to a recent report by CB Insights The report, Everything...
Less than zero? Fed's Powell shows no love for negative rates
Federal Reserve Chair Jerome Powell had a clear message to interest rate futures traders on Wednesday: Bets the U.S. central bank is headed toward a negative...
Brazil's Gol values Boeing's 737 MAX compensation at up to $412 million
Brazil airline Gol Linhas Aereas Inteligentes said on Wednesday it will receive up to 2.4 billion reais ($412 million) from Boeing Co as compensation for the...
Airbus examining restructuring including job cuts: sources
Airbus is drawing up plans for a restructuring involving the possibility of "deep" job cuts as it braces for a prolonged coronavirus crisis after furloughing thousands...
Sanofi to accelerate European COVID-19 vaccine access after CEO prioritizes U.S. preorders
French drugmaker Sanofi SA said on Wednesday that it is working with European regulators to speed up access to a potential coronavirus vaccine in Europe after...
Asian stocks set to slide on U.S. Fed fears, interest rate stance
Asian equities were set to slump on Thursday after the head of the Federal Reserve warned of a "significantly worse" U.S. recession than any downturn since...
U.S. March, April job losses revised higher
The U.S. economy lost a record 20.537 million jobs in April and not 20.5 million as reported last Friday, according to revised data published by the...
Crowdfunding Is Revolutionizing The Cannabis Industry. Here’s Why.
Green Entrepreneur Chidike Samuelson May 13, 2020 The cannabis industry has seen two major upward surges in the last 5 years, the first came with the...
Tesla, California county reach deal to reopen U.S. plant next week
Tesla Inc and officials in California have resolved their acrimonious clash over safety procedures at the automaker’s sole U.S. assembly plant with a deal that allows...
Uber to require drivers, riders to wear masks around the world
Uber Technologies, Inc. on Wednesday said it will require drivers, delivery workers and riders globally to wear a mask as countries around the world begin easing...
Tim Hortons lays out its path back to normal, hoping to reopen dining areas across Canada by next month
Financial Post Jake Edmiston May 12, 2020 Iconic coffee chain will widen the space between tables and sanitize tables and chairs after each use Tim Hortons...
City of Toronto and Digital Main Street Launch Free Website Initiative for Small Businesses
Retail Insider Jessica Finch May 13, 2020 The City of Toronto and Digital Main Street have launched the DMS ShopHERE initiative to build and optimize online...
All eyes on Detroit as automakers ready slow, careful reopening of plants
The U.S. factories that make Fords, Chevys and Jeeps are coming back to life this week as workers install new safety equipment and wake up machines...