Wall St. climbs 1% as historic job losses fewer than feared
Major U.S. stock indexes climbed on Friday and were on track to log solid gains for the week after data showing historic job losses from the...
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.
Unemployment just hit 14.7% yet the market is way up. Please explain!
How to understand what's going on when the jobless rate is surging and so are stock prices. Unemployment's up and so is the stock market. Why?
With $73 million CAD, Symend closes one of the largest Series B rounds in recent Alberta history
Betakit Meagan Simpson May 7, 2020 Calgary-based Symend has raised a $73 million CAD ($52 million USD) Series B round of funding for its customer engagement...
JetBlue reports loss, revises Airbus orders to save $1 billion through 2022
JetBlue Airways Corp on Thursday posted a $268 million quarterly loss as the coronavirus pandemic hurt air travel demand, and revised its order book with Airbus...
GSK sells $3.4 billion Hindustan Unilever stake in largest India block trade
GlaxoSmithKline has sold its stake in Unilever's Indian business for $3.4 billion, marking India's largest block trade, which will help the British company in its goal...
Kohl's to reopen 25% of stores as states lift lockdown restrictions
Kohl's Corp said on Thursday it plans to reopen a quarter of its stores by next week, as retailers start to get business going again in...
Millions more Americans seek jobless benefits; productivity dives
Millions more Americans sought unemployment benefits last week, suggesting layoffs broadened from consumer-facing industries to other segments of the economy and could remain elevated even as...
Lufthansa says is seeking 9 billion euro bailout
Lufthansa on Thursday said it is negotiating a 9 billion euro ($9.71 billion) "stabilisation package" with Germany's Federal Economic Stabilization Fund, confirming an earlier Reuters report.
U.S. demand for cars expected to rebound while travel, dining lag: ad agency
Consumer demand for cars could begin to recover this month in the United States after steep declines due to the coronavirus pandemic, but the hard-hit travel...
Wall Street jumps as China data fuels recovery hopes
U.S. stocks jumped at the open on Wednesday after a surprise rise in Chinese exports and a surge in oil prices spurred hopes of a faster...
Stocks shake-off U.S. jobs data thanks to China trade relief
World shares largely shook off data on Thursday showing millions more Americans sought unemployment benefits, with sentiment sustained by stronger than expected Chinese exports.
So much money, so little oversight: Coronavirus bailout cash is a big target for fraud
With so much money being issued so quickly, the potential for scams and misuse runs rampant.
Harley-Davidson names Jochen Zeitz as CEO
Motorcycle maker Harley-Davidson Inc on Thursday named Jochen Zeitz as chief executive officer. Zeitz has served as acting president and CEO of the company since February...
Fashion shift online picks up even as stores reopen
Retailers selling fashion online are emerging as the winners of the coronavirus crisis as consumers are staying home even as stores start to reopen, results from...
PayPal, Square eye boost as crisis spurs online shopping shift
Wall Street analysts looked past a surprisingly shaky first quarter for payment processors PayPal Holdings Inc and Square Inc hoping that the shift towards more online...