Spirit AeroSystems says Boeing wants 125 737 MAX shipsets for 2020, down from 216
Spirit AeroSystems Holdings said on Tuesday it has reached an agreement with Boeing Co to deliver 125 737 MAX shipsets to the planemaker in 2020, down...
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.
Mattel looks to Christmas for recovery as sales warning hits shares
Mattel Inc will have a new line of "Baby Yoda" toys ready to hit shelves in time for Christmas, the company said on Tuesday, even as...
Fed policymakers see slow, uneven U.S. recovery after coronavirus downturn
The U.S. economy could start to recover in the second half of the year after what is shaping up to be the worst recession in decades,...
Exclusive: U.S. airlines burn $10 billion a month as traffic plummets
U.S. airlines are collectively burning more than $10 billion in cash per month and averaging fewer than two dozen passengers per domestic flight, industry trade group...
EA sees full-year revenue above estimates as home-sheltering boosts gaming
Video game publisher Electronic Arts Inc forecast full-year adjusted revenue above Wall Street estimates on Tuesday, driven by higher sales in its major franchises like "FIFA"...
Beyond Meat plans U.S. discounts, hopes to replace beef on summer grills
Vegetarian burger maker Beyond Meat plans to offer large value packs and discounts to some U.S. retailers this summer, hoping to grab a larger share of...
Wall Street rises as lockdowns ease, healthcare shares jump
Wall Street's main indexes gained on Tuesday as healthcare stocks rallied, oil prices surged and a number of countries and U.S. states eased coronavirus-induced restrictions in...
Mattel readies Baby Yoda toys for Christmas as factories come back online
Mattel Inc will have a new line of "Baby Yoda" toys ready to hit shelves in time for Christmas, the toymaker said on Tuesday, as it...
Exclusive: Lord & Taylor to liquidate its stores as soon as they reopen - sources
Venerable U.S. retailer Lord & Taylor plans to liquidate inventory in its 38 department stores once restrictions to curb the spread of coronavirus are lifted as...
Airbnb cuts 1,900 jobs as coronavirus hits home rentals
Airbnb Inc is laying off 25% of its workforce, or nearly 1,300 employees, the home rental startup said on Tuesday, as the COVID-19 pandemic brings global...
Beyond Meat results beat, suspends 2020 forecast on COVID-19 concerns
Beyond Meat Inc reported better-than-expected quarterly results on Tuesday as it sold more of its plant-based meat products and cut costs on packaging and labor, sending...
Match quarterly revenue hit by slowing Tinder growth
Match Group Inc reported quarterly revenue that fell short of Wall Street estimates on Tuesday, hit by slowing growth in its popular dating app "Tinder" as...
Occidental posts loss on $1.4 billion charges, cuts budget again
Occidental Petroleum Corp on Tuesday reported that it swung to a loss in the first quarter on write downs, and the troubled oil producer cut its...
Disney takes $1.4 billion coronavirus hit, sets date to reopen Shanghai park
Walt Disney Co estimated global coronavirus lockdowns cut profits by $1.4 billion, mostly from its shuttered theme parks, but said it would reopen Shanghai Disneyland next...
Young professionals risk financial burnout as they weather their first big crisis
Many Gen Z and millennial professionals have one question: Will I still have a job? Worrying about day-to-day expenses puts them at risk for financial burnout....