J.C. Penney to permanently shut about 242 stores as part of bankruptcy plan
J.C. Penney Co Inc plans to trim its store count by 29% to about 604, as the U.S. department store chain looks to focus on those...
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.
WeChat live Streaming pumps life into local business in China
Techcrunch Rita Liao May 8, 2020 China is showing renewed interest in live streaming. As the coronavirus swept through the country and shut down premises in...
Amazon's French warehouses to resume work with 30% of staff on Tuesday: unions
Amazon's French warehouses are set to re-open on Tuesday with about 30% of employees, three union officials said, following an agreement with staff representatives last week.
Reliance says General Atlantic to invest $870 million in Jio Platforms
Indian conglomerate Reliance Industries said on Sunday U.S. fund General Atlantic will buy 1.34% of its Jio Platforms digital unit for 65.98 billion rupees ($870 million).
Thyssenkrupp in talks with peers over steel business: source
German ailing conglomerate Thyssenkrupp is in talks with international peers about consolidating its loss-making steel business, a person familiar with the matter said.
U.S. Senator Klobuchar blasts Uber, Grubhub deal talks
U.S. Senator Amy Klobuchar on Sunday blasted merger talks between ride-hailing firm Uber Technologies Inc and online food delivery company Grubhub Inc , calling any deal...
Senator Klobuchar says Uber, Grubhub combination would be anticompetitive
U.S. Senator Amy Klobuchar on Sunday blasted merger talks between ride-hailing firm Uber Technologies Inc and online food delivery company Grubhub Inc , calling any deal...
Public companies face little risk of punishment for taking PPP loans, legal experts say
Changes to guidance in the small business loan program may give ammunition to critics who charge that the government is too lax in its oversight.
Most companies face little risk of punishment for taking PPP loans, legal experts say
Changes to guidance in the small business loan program may give ammunition to critics who charge that the government is too lax in its oversight.
Pelosi sees negotiations on new $3 trillion coronavirus legislation: CBS
U.S. House Speaker Nancy Pelosi said on Sunday there will be negotiations on the new $3 trillion coronavirus relief legislation passed by the Democratic-controlled House of...
Reliance in $870 million General Atlantic deal as Jio Platforms funding tops $8 billion
India's Reliance Industries on Sunday announced U.S. fund General Atlantic will invest 65.98 billion rupees ($870 million) in Jio Platforms, a fourth deal that takes investment...
Fed's Powell says full economic recovery may require coronavirus vaccine: CBS
Federal Reserve Chairman Jerome Powell said a U.S. economic recovery may stretch deep into next year and a full comeback may depend on a coronavirus vaccine.
Emirates plans to cut about 30,000 jobs amid virus outbreak: Bloomberg News
Emirates Group is planning to cut about 30,000 jobs to reduce costs amid the coronavirus outbreak, which will bring down its number of employees by about...
Emirates Group planning to cut about 30,000 jobs amid virus outbreak: Bloomberg News
Emirates Group plans to cut about 30,000 jobs to reduce costs amid the coronavirus outbreak, reducing employees by about 30% from more than 105,000 at the...
India's Reliance says General Atlantic to invest $870 million in digital unit
Indian conglomerate Reliance Industries said on Sunday equity firm General Atlantic will buy 1.34% of its digital unit for 65.98 billion rupees ($870.25 million).