Second layoffs, backlogs wave keeps U.S. jobless claims sky high
The novel coronavirus crisis continues to pummel the U.S. labor market, with the number of Americans filing for unemployment benefits falling less than expected last week,...
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.
IRS will allow for mid-year changes to health plans and flex spending accounts
Because of the coronavirus crisis, the IRS has issued new guidelines allowing for mid-year changes to employee health plans and flexible spending accounts.
Amazon's livestreaming platform Twitch announces safety advisory council
Amazon Inc 's video game live-streaming platform Twitch is forming an advisory council of experienced users, online safety experts and anti-bullying advocates to help improve safety...
Fed: Lower-income workers and less educated facing more job losses caused by coronavirus
The coronavirus crisis led to dramatic changes in Americans' finances as millions of workers faced layoffs or other cutbacks in their jobs, with low-wage workers taking...
Most Ford U.S. dealers got federal payroll protection loans: COO
Most of Ford Motor Co's U.S. dealers received payroll protection loans from the U.S. government amid the coronavirus pandemic, the automaker's chief operating officer said on...
Goldman Sachs to buy boutique wealth management custodian Folio
Goldman Sachs Group Inc plans to buy a boutique wealth management custodian and technology company called Folio Financial Inc for an undisclosed amount of money, according...
Delta, others wrestle with too many planes, too many pilots
Delta Air Lines moved to retire its Boeing Co 777 fleet and reduce its pilot ranks on Thursday as it joins other airlines wrestling with the...
Wall St drops on trade war fears, economic worries
Wall Street's main indexes were lower in choppy trading on Thursday, as renewed worries about Sino-U.S. trade relations added to fears of an extended economic downturn...
Trump threatens new taxes on companies that make goods outside United States
President Donald Trump threatened on Thursday to impose new taxes on American companies that produce goods outside the United States, another move his administration could make...
Exclusive: Airbus to be 'resized,' could cut output again - sources
Planemaker Airbus has told senior staff the company must be "resized" in plans to be set out around end-June and is ready to cut jet production...
McDonald's issues new guidelines to U.S. franchisees on restaurant reopenings: WSJ
McDonald's Corp has asked its U.S. franchisees to make a series of changes in restaurants before reopening to diners in an effort avoid the spread of...
Exclusive: IKEA's shopping malls arm Ingka Centres plans U.S. entry in major play
IKEA's shopping malls business, one of the world's biggest, is looking to enter the United States in the next couple of years and is in talks...
Exclusive: Tesla's secret batteries aim to rework the math for electric cars and the grid
Electric car maker Tesla Inc plans to introduce a new low-cost, long-life battery in its Model 3 sedan in China later this year or early next...
Millions more Americans file for jobless benefits as coronavirus layoffs widen
The global novel coronavirus crisis continues to batter the U.S. labor market, with millions more Americans, including white collar workers, filing for unemployment benefits last week...
Uber offer for Grubhub fans worries over delivery fees charged to restaurants
The possibility that Uber Technologies Inc , which runs Uber Eats, could acquire Grubhub Inc is reigniting some restaurants' worries over the commissions charged to eateries...