Tech leads Wall Street higher as financials fall
The benchmark S&P 500 rose modestly on Wednesday, with gains in technology shares offsetting declines in financials and defensive groups as data showing U.S. private employers...
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.
Surging small cap stocks offer hope of U.S. growth rebound
Big gains in small caps stocks are fueling hopes that a bounce in broader equity markets may stick, as investors ponder how quickly the U.S. economy...
The magic word for Detroit automakers is trucks
The coronavirus pandemic brought the U.S. auto industry to its knees, but Americans' love affair with beefy pickup trucks is helping the Detroit automakers get on...
Abercrombie, Gap prepare to reopen stores as lockdowns ease
Abercrombie & Fitch Co and cash-strapped Gap Inc on Wednesday laid out plans to reopen stores in areas where lockdown curbs have eased, while also introducing...
WTO must decide if U.S. complied with Boeing aid ruling, Airbus says
The World Trade Organization must decide whether the United States has fully complied with WTO rulings on illegal government aid to Boeing Co , and that...
Factbox: Who are the first members of Facebook's oversight board?
Facebook Inc on Wednesday named the first members of its independent oversight board, which will be able to overturn the company's decisions on individual pieces of...
Factbox: What to know about Facebook's content oversight board
Facebook Inc on Wednesday announced the first 20 members of its independent oversight board that can overrule the company’s own content moderation decisions. Here are some...
Facebook names first members of oversight board that can overrule Zuckerberg
Facebook Inc's new content oversight board will include a former head of state, a Nobel Peace Prize laureate and several constitutional law experts and rights advocates...
Gold price boosts Barrick profit as miner eyes copper deals
Barrick Gold Corp reported a nearly 55% rise in quarterly profit on Wednesday as gold prices surged, bolstering its ability to snap up mines including in...
World shares mixed amid hopes for business pickup; oil slides
Oil prices slid and world equity markets seesawed on Wednesday as investor hopes for a pickup in business activity were weighed against downbeat economic data and...
Are you having second thoughts about that PPP loan? You have until May 14 to pay it back
If you had other sources of liquidity available to your company, and applied for the Paycheck Protection Program anyway, now might be the time to think...
StanChart highlights climate goals amid criticism over carbon financing
Standard Chartered defended its environmental credentials after renewed criticism from climate campaigners for its funding of fossil fuel companies as the bank held its annual shareholder...
S&P 500, Nasdaq up as tech stocks rise; lockdown easing hopes persist
The S&P 500 and Nasdaq rose on Wednesday on hopes of a pickup in business activity as states eased coronavirus-induced curbs, with investors also looking past...
BMW cuts outlook, sees coronavirus pain lasting all year
BMW AG expects the coronavirus pandemic to hit demand and earnings throughout this year, prompting the German automaker to cut its profitability forecast for passenger cars...
Here's what you need to know about rent relief during the pandemic
Many renters across the U.S. don't have to worry about being evicted during the pandemic. Yet they can find themselves in a lot of trouble when...