U.S. workers hit McDonald's with class action over COVID-19 safety
Five McDonald's workers in Chicago filed a class action lawsuit against the chain on Tuesday, accusing it of failing to adopt government safety guidance on COVID-19...
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.
Fed, Treasury chiefs face heat over uneven U.S. coronavirus response
Federal Reserve Chair Jerome Powell and Treasury Secretary Steven Mnuchin found themselves in the hot seat on Tuesday as U.S. lawmakers grilled them about the uneven...
Euro gains on EU recovery-fund plan, oil climbs
The euro and European government debt rallied on Tuesday, lifted by a Franco-German proposal to fund grants for regions hit hardest by the coronavirus pandemic, while...
Robocalls are spiking as fraudsters prey on Covid-19 fears
About 1 in 5 consumers say they've been fielding robocalls and texts related to the coronavirus, and that the incidence of overall robocalls has jumped, a...
Small business layoffs may have hit bottom
Layoffs leveled off in April, although furloughs mount as small businesses fight to survive. Overall, headcount among small businesses fell by 4.7% last month, according to...
Thyssenkrupp CEO: Cannot put timeline on restructuring
Thyssenkrupp's CEO on Tuesday said that she could not put a timeline on the group's fresh turnaround plans, saying that selling assets - a key part...
AT&T closes its payTV service in Venezuela amid U.S. sanctions
AT&T Inc said on Tuesday it has closed its DirecTV Latin America operations in Venezuela amid sanctions by the United States on the country.
Nasdaq informs China's Luckin Coffee it plans to delist it
Luckin Coffee Inc said on Tuesday that Nasdaq Inc has given it notice that it plans to delist it from the U.S. stock exchange a month...
'I want to scream a lot' — How designer Rebecca Minkoff is pivoting her business and trying to stay positive
Navigating the economic fallout from the coronavirus pandemic has not been easy for small businesses. Fashion designer Rebecca Minkoff is no exception.
S&P 500, Dow edge lower after mixed retail earnings
The S&P 500 and Dow Jones indexes eased on Tuesday, handing back some gains from a strong rally in the previous session, as investors digested a...
Oil rises on signs of output cuts and demand hopes
Oil prices rose on Tuesday amid signs that producers are cutting output as promised and on signs of increasing demand as more countries ease out of...
North American airlines say ticket cancellations slowing, demand improving
Two top U.S. airlines and Air Canada said on Tuesday ticket cancellations were slowing and demand was showing signs of improvement since the coronavirus pandemic brought...
Citigroup launches new ESG investment banking group
Citigroup Inc said on Tuesday that is launching a new business unit within its corporate and investment bank dedicated to environmental sustainability to strengthen its commitment...
S&P recovery will be far faster than 2008: Citigroup
U.S. stock markets will deliver among the steepest recoveries in their history over the next year, returning to levels from before March's coronavirus lockdowns more than...
Exclusive: Exxon revives sale of stake in giant Azeri oilfield
Exxon Mobil has relaunched the sale of its stake in Azerbaijan's largest oilfield, the company said on Tuesday, as banking and industry sources said the move...