Pandemic slams Asia's factories, activity hits financial-crisis lows
Asia's factory activity was ravaged in April, business surveys showed on Monday, and the outlook dimmed further as government restrictions on movement to contain the coronavirus...
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.
AIG quarterly profit nosedives as COVID-19 claims loom
Insurer American International Group Inc on Monday posted a 93% drop in quarterly adjusted profit, as it set aside money to cover claims related to the...
Air France-KLM union tensions surface in bailout's wake
Air France-KLM's French unions on Monday criticised calls by their Dutch counterparts for KLM to be given greater autonomy, amid signs that a multibillion-euro coronavirus bailout...
U.S. SEC eases crowdfunding rules for firms due to coronavirus disruption
The U.S. Securities and Exchange Commission (SEC) on Monday said it would provide relief to smaller firms seeking to raise capital via online platforms to meet...
People receiving SSI or VA benefits have until tomorrow to meet this stimulus check deadline
Time is running out if you're receiving SSI or VA benefits and want to make sure your children under 17 are included in your stimulus payments....
Intel buys Moovit transit app for $900 million to help develop robotaxis
Chipmaker Intel Corp has bought Israeli public transit app maker Moovit for about $900 million to help it develop self-driving "robotaxis" that could take to the...
U.S. coronavirus tariff exemptions sought for robots, drones, elevators
Major U.S. firms and trade groups want the U.S. Trade Representative's Office to waive tariffs on a wide range of Chinese-made products as a result of...
US airline stocks tumble after Buffett sells stakes
Airline shares were headed for another day of sharp declines, this time after Warren Buffett said Berkshire Hathaway's cashed out of its stakes in the four...
Tesla stock rise appears to qualify CEO Musk for $700 million payday
Tesla Chief Executive Elon Musk appeared to qualify on Monday for a $700 million payday, just three days after he said the electric car company's stock...
Qantas extends flight cancellations for two more months, raises more debt
Qantas Airways said on Tuesday it would extend flight cancellations into June and July, and added that it secured further debt funding that should support the...
United Airlines plans 30% cut to management ranks from October: company memo
United Airlines Holdings Inc has told employees that it expects its management and administrative ranks to be around 30% smaller starting in October, according to a...
WeWork co-founder Neumann sues SoftBank over failed tender offer
WeWork co-founder Adam Neumann filed a lawsuit against Japan's SoftBank Group Corp and its Vision Fund on Monday for terminating a $3 billion tender offer to...
Businesses continue to apply for a PPP loan. Forgiveness remains uncertain
Companies that were able to make the cut and qualify for the Paycheck Protection Program have another fight on the horizon: having their loan forgiven. Here's...
Apple borrows on the cheap to fund buybacks, dividends
Apple Inc on Monday capitalized on the Federal Reserve's emergency measures in response to the coronavirus outbreak to issue its cheapest bonds in years, making it...
Tech-led Wall Street rebound set to lead Asia higher
NEW YORK Reuters) - A late Wall Street rally is expected to lead Asian stocks higher on Tuesday after tech shares and oil rose on easing...