WeWork directors seek to preserve right to sue owner SoftBank
A special committee of WeWork board members filed a motion in Delaware on Monday to prevent it from being disbanded, as it pursues legal action against...
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.
Bitcoin’s “halvening” is upon us
FT Alphaville Jemima Kelly May 11, 2020 Today’s the day that bitcoiners the world over have been waiting for. It’s the day – which only comes...
S&P 500 gains as investors look beyond pandemic to recovery
The S&P 500 inched higher on Monday as investors balanced caution over new spikes in coronavirus infections with expectations that an economy crippled by mandated shutdowns...
Trump may let workers take Social Security benefits early in exchange for reduced payments later
Many Americans want more help from the federal government, and some lawmakers say it is too expensive. Now the Trump administration is reportedly considering letting workers...
California should do whatever's needed to help Tesla reopen car factory: Mnuchin
California should do whatever is necessary to help electric carmaker Tesla Inc reopen its only U.S. vehicle factory, U.S. Treasury Secretary Steven Mnuchin said on Monday.
S&P 500 edges higher as tech, healthcare shares shine
The S&P 500 ticked higher on Monday as gains in healthcare and technology stocks countered losses in financials, while investors kept an eye on new coronavirus...
130 million stimulus checks have gone out. Here's which states got the most money
The IRS has moved swiftly over the past four weeks to get checks worth up to $1,200 per individual into Americans' hands. New data show just...
NBCUniversal, Sky expand ad-buying tool globally
Comcast Corp units NBCUniversal and Sky said Monday that advertising across both of the media companies can now be purchased through the same tool, as the...
Chinese investment in the U.S. drops to lowest level since global financial crisis
Chinese investment in the United States dropped to $5 billion in 2019, a slight decrease from a year earlier and the lowest level since the global...
Global equities markets sink, bonds rise on fears of second wave of infections
A jump in coronavirus cases in South Korea and Germany rattled investors and sent global equities markets lower on Monday, while safe-haven assets, including the dollar...
KKR builds 5.2% stake in ProSieben, says company undervalued
Private equity investor KKR said on Monday it had acquired a stake of 5.2% in German broadcaster ProSiebenSat.1 Media , returning as an investor in the...
Oklahoma oil regulators hear arguments on output cuts
Oklahoma's energy regulators on Monday began hearing arguments from producers seeking to win state-support for setting limits on oil production to help stabilize prices.
Pandemic could rip 105 billion pound hole in small company finances
Britain's smaller companies could be saddled with up to 105 billion pounds ($129 billion) in "unsustainable" debt by March next year that will need recapitalising, a...
Oil falls on fears of second coronavirus wave
Oil prices fell on Monday as investors worried about a second wave of coronavirus infections, but new output cuts from Saudi Arabia tempered worries about oversupply...
Mark Cuban: White House coronavirus safeguards need to be US norm before people feel comfortable
"Whatever the White House is doing for the president and vice president, that's the protocol I want to use for my employees," Mark Cuban told CNBC...