Fed's Powell to assess next phase of pandemic economy
Federal Reserve Chair Jerome Powell, having overseen the rapid creation of the central bank's massive network of pandemic-era programs, turns his attention Wednesday morning to where...
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.
Trump wants California to let automaker Tesla reopen assembly plant
U.S. President Donald Trump on Tuesday urged California to allow Tesla Inc to reopen its electric vehicle assembly plan.
Democrats propose to keep $600 unemployment checks rolling until 2021
In the massive legislative package House Democrats unveiled on Tuesday to inject more relief into an economy battered by the coronavirus, unemployed Americans would get an...
Logitech sales surge as locked-down families, workers stay connected
Logitech International reported a big jump in sales of computer products during its fourth quarter on Tuesday as more people worked from home and families turned...
Google and Gates Foundation to help spread digital payments in developing countries
Fortune David Z. Morris May 6, 2020 For more than a decade, Kenyans from the bustling capital of Nairobi to far-flung farms have had access to...
Luckin Coffee sacks CEO, COO for alleged fraud
Chinese coffee chain Luckin Coffee Inc fired its chief executive and chief operating officers following an internal probe on fabrication of annual sales numbers, the company...
Trump again urges Fed to adopt negative U.S. interest rates
President Donald Trump on Tuesday again pushed the Federal Reserve to adopt negative interest rates, even as several members of the U.S. central bank have said...
Equities inch higher, bonds dip, on hopes for recovery
World equity markets inched higher and safe-haven bonds fell on Tuesday as stronger economic data from China and upbeat corporate earnings in Europe overshadowed concerns about...
Morgan Stanley pays $5 million fine to settle SEC charges it misled investing clients
A unit of Morgan Stanley agreed to pay a $5 million fine to settle U.S. Securities and Exchange Commission charges it misled retail investing clients about...
German watchdog investigates payments company Wirecard
Germany's financial watchdog BaFin said on Tuesday it was conducting multiple investigations into Wirecard , sending its shares lower and adding to pressure over allegations it...
Estonian fintech askRobin scores $1.7M to bring ‘fair credit’ to emerging markets
Techcrunch Steve O'Hear May 6, 2020 AskRobin, an Estonia-founded fintech that operates a financial services marketplace for “underbanked” customers in Latin America, has picked up $1.7...
She applied for unemployment more than 50 days ago. She's still waiting
Sandi Bochum applied for unemployment in New York on March 15. She's still waiting for it.
Uber approaches GrubHub with takeover offer: Bloomberg News
Uber Technologies Inc has made an offer to buy online food delivery company GrubHub Inc , Bloomberg News reported on Tuesday.
U.S. Congress presses bank regulators on coronavirus assistance, oversight
Lawmakers pressed U.S. regulators on Tuesday on their efforts to help struggling consumers, oversight of massive federal bailout packages and regulatory easing as they appeared before...
Legendary investor Stanley Druckenmiller says he doesn't like the way the market is set up
Hedge fund manager Stanley Druckenmiller told the Economic Club of New York that he was skeptical of the stocks right now.