Virgin Atlantic job cuts will help win new investment -internal memo
Virgin Atlantic's planned 3,150 job cuts will show the airline is taking "self-help" measures and help it to win financial support from either the British government...
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.
Federal business disaster loans now capped at $150,000 and limited to agriculture
The Small Business Administration has sharply curtailed the Economic Injury Disaster Loan program, limiting new applicants to only agricultural businesses and capping max loan amounts at...
JetBlue posts quarterly loss, scales back Airbus orders
JetBlue Airways Corp on Thursday posted a $268 million quarterly loss as the coronavirus pandemic hurt air travel demand, and cut its order book with Airbus...
Stocks climb, shaking off U.S. jobs data, thanks to China trade relief
World shares rose on Thursday after Chinese exports proved far stronger than expected, while the U.S. dollar climbed to two-week highs on its safe-haven status after...
Luxury retailer Neiman Marcus files for bankruptcy amid COVID-19 pandemic
Neiman Marcus Group filed for bankruptcy protection on Thursday, marking one of the highest-profile collapses yet among retailers forced to temporarily close stores in response to...
Wall Street bullish on Lyft, Uber on lower driver costs, recovery signs
Wall Street gave a resounding vote of confidence to ride-hailing stocks ahead of Uber's results on Thursday, after Lyft indicated a recovery in demand and lower...
Wall St jumps as PayPal outlook, China data fuel recovery hopes
U.S. stocks jumped on Thursday as an upbeat outlook from PayPal and a surprise rise in Chinese exports raised hopes of a faster economic recovery from...
U.S. employers must try to accommodate workers vulnerable to coronavirus: agency
The U.S. agency that enforces laws prohibiting disability discrimination said on Thursday that employers must try to accommodate workers with medical conditions that make them vulnerable...
Cramer gains confidence in Moderna's possible coronavirus vaccine after Fauci praises the tech
"I have felt not to get bullish on a vaccine until Fauci said, 'Get bullish,'" said CNBC's Jim Cramer, suggesting the White House advisor's positive comments...
Liberty and Telefonica agree $38 billion UK tie-up to take on BT
Liberty Global and Telefonica have agreed to merge their British businesses in a $38 billion deal that will create a powerhouse in mobile and broadband to...
Wall Street bullish on ride-hailing firms on lower driver costs, recovery signs
Wall Street gave a resounding vote of confidence to ride-hailing stocks ahead of Uber's results on Thursday, after Lyft indicated a slow recovery in demand and...
Twilio shares surge 32% after results crush Wall Street estimates
Twilio Inc shares surged 32% to a record high after the cloud communication provider's quarterly results and forecast smashed Wall Street estimates on increased demand from...
Lloyd Blankfein says big companies should be 'very reluctant' to tap small business relief program
Blankfein may be speaking from experience: Goldman took $10 billion from the Treasury's Troubled Asset Relief Program in October 2008.
Lufthansa seeking 9 billion euro bailout
Lufthansa on Thursday said it is negotiating a 9 billion euro ($9.71 billion) "stabilisation package" with Germany's Federal Economic Stabilization Fund, confirming an earlier Reuters report.
Wall Street jumps as PayPal outlook, China data fuel recovery hopes
U.S. stocks jumped on Thursday as investors were encouraged by PayPal's outlook and an unexpected rise in Chinese exports, which raised hopes of an economic recovery.