Honda declines to give outlook as profit slides amid coronavirus pandemic
Honda Motor Co on Tuesday posted its lowest operating profit in four years and refrained from releasing an earnings outlook for the current business year as...
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.
Saudi Aramco first-quarter net profit falls 25% as oil prices slump
Saudi Arabian state oil giant Aramco on Tuesday reported a 25% fall in first-quarter net profit, below analyst estimates, hurt by lower crude oil prices as...
Stocks falter as anxiety grows over second coronavirus wave
Asian shares tumbled on Tuesday on growing worries about a second wave of coronavirus infections after the Chinese city where the pandemic originated reported its first...
Thyssenkrupp second-quarter loss widens as coronavirus impact starts to show
Thyssenkrupp on Tuesday said its second-quarter net loss more than quintupled as the coronavirus pandemic hit all business lines at the struggling steel-to-submarines conglomerate.
Hyatt to lay off 1,300 employees as pandemic cripples travel
Hyatt Hotels Corp said late Monday it would lay off 1,300 people globally as it tries to cope with the coronavirus crisis, which has virtually halted...
Tencent Music misses quarterly revenue estimates, signals better second quarter
China's Tencent Music Entertainment narrowly missed market estimates for quarterly revenue on Monday as the COVID-19 crisis hurt the company's social entertainment services business, sending its...
Toyota expects annual operating profit to drop 80% as virus saps car sales
Toyota Motor Corp said on Tuesday it expects to post its lowest annual operating profit in nine years as the automaker grapples with the impact of...
S&P 500 subdued on risks linked to reopening of economy
The S&P 500 struggled for direction on Tuesday as the risks of reopening the economy too soon overshadowed hopes of a jump-start to a battered global...
Cramer: Elon Musk is 'dead right' to reopen Tesla's auto manufacturing plant in California
CNBC's Jim Cramer told CNBC on Tuesday he sides with Elon Musk in the Tesla CEO's fight with county officials over reopening the company's auto plant...
Is your stimulus check less than you expected? This may be why
You may have received your coronavirus stimulus check and wondered, "Where's the rest of it?" The IRS has released new guidance as to why your payment...
South Korea shoppers line up before dawn ahead of expected Chanel price hike
More than a hundred shoppers waited in line to enter a store of French luxury brand Chanel in Seoul on Wednesday, as they rushed to buy...
Contact tracing, temperature checks and masks: airline industry outlines new norms
Airlines and airports are recommending a layered approach to temporary safety measures as air travel restarts, warning that no single measure can mitigate all of the...
Las Vegas Sands ends plans to open Japan integrated resort casino project
Las Vegas Sands said in a statement on Wednesday it has ended its plans to open an integrated resort (IR) casino in Japan.
Exclusive: Neiman Marcus creditor calls for deal with Saks Fifth Avenue - letter
Hedge fund Mudrick Capital Management LP asked Neiman Marcus Group's independent directors on Tuesday to explore a combination with rival department store chain Saks Fifth Avenue,...
What Trump's tax returns may reveal as Supreme Court weighs access
President Donald Trump's income tax returns are back in the news as the Supreme Court hears arguments on whether investigators should have access to them. Here's...