Chamath Palihapitiya calls Amazon's Jeff Bezos the best investor, better than Warren Buffett
"People used to lambaste Jeff Bezos for not being profitable, but when you looked under the hood, he was the single best investor of our generation,"...
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.
Luckin Coffee sacks CEO, COO for alleged fraud
Chinese coffee chain Luckin Coffee Inc fired its chief executive and chief operating officers following an internal probe on fabrication of annual sales numbers, the company...
She applied for unemployment more than 50 days ago. She's still waiting
Sandi Bochum applied for unemployment in New York on March 15. She's still waiting for it.
Coalition of U.S. attorneys general ask Amazon for data on COVID-linked worker deaths, infections
A group of 13 U.S. attorneys general asked Amazon.com on Tuesday to provide data on infections and deaths among its workforce along with evidence of the...
Uber approaches GrubHub with takeover offer: source
Uber Technologies Inc is in advanced talks to buy online food delivery company GrubHub Inc in an all-stock deal, according to a person familiar with the...
Boeing sees zero orders again in April, MAX cancellations mount
Boeing Co recorded zero orders for the second time this year in April and customers canceled another 108 orders for its grounded 737 MAX plane compounding...
BOC Aviation scoops up deals with airlines in sector's biggest crisis
Armed with strong funding, Asian lessor BOC Aviation has struck an estimated $5.5 billion of deals with carriers including Southwest and United Airlines to buy and...
Luckin Coffee sacks CEO, COO following accounting probe
Chinese coffee chain Luckin Coffee Inc fired its chief executive and chief operating officers following an internal probe on fabrication of annual sales numbers, the company...
U.S. consumer prices post largest decrease since 2008
U.S. consumer prices dropped by the most since the Great Recession in April, weighed down by a plunge in demand for gasoline and services including airline...
U.S. Congress presses bank regulators on coronavirus assistance, oversight
Lawmakers pressed U.S. regulators on Tuesday on their efforts to help struggling consumers, oversight of massive federal bailout packages and regulatory easing as they appeared before...
Uber approaches GrubHub with takeover offer: Bloomberg News
Uber Technologies Inc has made an offer to buy online food delivery company GrubHub Inc , Bloomberg News reported on Tuesday.
Estonian fintech askRobin scores $1.7M to bring ‘fair credit’ to emerging markets
Techcrunch Steve O'Hear May 6, 2020 AskRobin, an Estonia-founded fintech that operates a financial services marketplace for “underbanked” customers in Latin America, has picked up $1.7...
German watchdog investigates payments company Wirecard
Germany's financial watchdog BaFin said on Tuesday it was conducting multiple investigations into Wirecard , sending its shares lower and adding to pressure over allegations it...
Morgan Stanley pays $5 million fine to settle SEC charges it misled investing clients
A unit of Morgan Stanley agreed to pay a $5 million fine to settle U.S. Securities and Exchange Commission charges it misled retail investing clients about...
Equities inch higher, bonds dip, on hopes for recovery
World equity markets inched higher and safe-haven bonds fell on Tuesday as stronger economic data from China and upbeat corporate earnings in Europe overshadowed concerns about...