U.S. and Europe spar over next stage of aircraft subsidy dispute
The United States said there was "no valid basis" for the European Union to retaliate against U.S. goods in a long-running subsidy row after Boeing lost...
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.
JetBlue Airways posts quarterly loss and revises Airbus order book
JetBlue Airways Corp on Thursday posted a $268 million quarterly loss due to the impact of the coronavirus pandemic on air travel and said it had...
Air France job cuts to test CEO Smith's consensual style
Air France-KLM is opening talks with its French unions on workforce cuts, Chief Executive Ben Smith told Reuters, as the airline group warned of mounting losses...
Samsung heir's apology meets with skepticism, watchdog panel seeks concrete plan
Samsung Group heir Jay Y. Lee's vow to end dynastic succession at South Korea's biggest conglomerate following three generations of Lee family control sparked skepticism on...
Stimulus checks have been sent to dead people. Now the IRS has released instructions for how to return the money
The U.S. government is sending millions of $1,200 checks out to Americans, some of whom have passed away. Now, the IRS has released instructions for how...
Millions more Americans join the unemployment line
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...
Colleges consider a tuition freeze amid pandemic
A growing number of schools are freezing tuition in hopes of attracting more students and families now struggling with the weight of a college tab.
'Shark Tank' investor Kevin O'Leary: 20% of small businesses that got federal loans will fail
The "Shark Tank" investor also tried to look at the bright side: "So 80% are going to make it, in my view. That means it was...
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...