GM self-driving unit Cruise cuts jobs as pandemic hits sector
General Motors Co's self-driving car unit Cruise told staff on Thursday it has decided to lay off workers, the latest start-up in the nascent industry to...
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.
Asian stocks set to rise on optimism of post-lockdown recovery, stimulus
Asian stocks were set to rise on Friday amid investor optimism about the re-opening of the U.S. economy from coronavirus lockdowns and possibly more stimulus that...
U.S. regulator is reviewing Abbott's fast COVID test after studies raise accuracy concerns
The U.S. Food and Drug Administration said on Thursday that Abbott Laboratories’ speedy coronavirus test, which can deliver results within minutes and is used at the...
Taiwan's TSMC announces $12 billion U.S. chip factory
Taiwan Semiconductor Manufacturing Co Ltd, a major supplier to Apple Inc, announced on Friday it will build a $12 billion chip factory in Arizona, in what...
Charts suggest more pain is in store before market reaches a 'buyable bottom,' Jim Cramer says
Jim Cramer, host of "Mad Money," took some pointers from volatility expert Mark Sebastian to understand why the market could sell-off more.
Taiwan's TSMC announces plan to build $12 billion U.S. factory
Taiwan Semiconductor Manufacturing Co Ltd, the world's biggest contract manufacturer of computer chips, on Friday announced plans to build an approximately $12 billion advanced chip factory...
Dolce & Gabbana will lose out from virus crisis, founders tell paper
Italian fashion group Dolce & Gabbana will lose out "a lot" this year, after the coronavirus emergency, founders Domenico Dolce and Stefano Gabbana said on Thursday.
Temperature checks, masks the new normal for air travel, says Dubai airport CEO
Temperature screening and face masks will become common sights at airports to mitigate the spread of the new coronavirus but physical distancing could make flying more...
U.S. weekly jobless benefits to stay elevated 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, expected to have filed for unemployment...
Stocks drop as virus recovery begins to look distant
Stock markets fell and bonds were in demand on Thursday as worries grew about a second wave of coronavirus infections and a dour assessment from the...
Merck KGaA says profit could slip in 2020
German healthcare and chemicals company Merck KGaA flagged that a slight decline in operating earnings was on the cards this year as the coronavirus pandemic could...
Storms clouds gather over U.S. stocks as hopes of quick recovery fade
A lightning-quick rally in U.S. equities is showing cracks, as investors face mounting evidence that the economy's coronavirus-fueled woes may be far longer-lasting than many had...
United Airlines employee files class action lawsuit over unpaid days off policy
A United Airlines Holdings Inc non-union employee filed a class action lawsuit on Wednesday alleging that a requirement that management and administration employees take 20 unpaid...
Fast Retailing reopens more Uniqlo stores as pandemic measures ease
Casual clothing chain Uniqlo has reopened more stores in the past week and plans to resume business at more shops in coming days as governments ease...
Asian stocks drop as virus recovery begins to look distant
Asia's stock markets fell and gold hit a one-week high on Thursday as worries about a second wave of coronavirus infections and a dour assessment of...