World shares mixed amid hopes for business pickup; oil slides
Oil prices slid and world equity markets seesawed on Wednesday as investor hopes for a pickup in business activity were weighed against downbeat economic data and...
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.
Smithfield Foods to restart South Dakota pork plant from May 7
Smithfield Foods Inc will restart its plant in Sioux Falls, South Dakota from May 7 after being idled for more than three weeks due to the...
Are you having second thoughts about that PPP loan? You have until May 14 to pay it back
If you had other sources of liquidity available to your company, and applied for the Paycheck Protection Program anyway, now might be the time to think...
StanChart highlights climate goals amid criticism over carbon financing
Standard Chartered defended its environmental credentials after renewed criticism from climate campaigners for its funding of fossil fuel companies as the bank held its annual shareholder...
S&P 500, Nasdaq up as tech stocks rise; lockdown easing hopes persist
The S&P 500 and Nasdaq rose on Wednesday on hopes of a pickup in business activity as states eased coronavirus-induced curbs, with investors also looking past...
New York Times warns of ad sales drop after upbeat first-quarter results
The New York Times Co warned of a steep fall in advertising sales in the current quarter after beating Wall Street's profit and revenue estimates on...
Abercrombie & Fitch begins store reopenings as lockdowns ease
Abercrombie & Fitch Co has begun reopening stores in parts of the world where lockdown restrictions have eased, the company said on Wednesday, as more retailers...
UK watchdog clears Shell's 'drive carbon neutral' ad on petrol pumps
Britain's advertising watchdog has ruled Royal Dutch Shell's ad campaign on petrol pumps promising customers they can "drive carbon neutral" is acceptable, following complaints.
As central banks break the junk debt barrier, investors will follow
Recent central bank bond-buying to calm market turmoil has breached the wall dividing top-grade debt from so-called junk-rated issues, raising the likelihood of the investment industry...
Overeating, boredom, self-medication: How grocery bills skyrocket even as food becomes scarcer
Eating more healthy food? More junk food? Nearly everyone's eating and shopping habits are feeling the fallout of the pandemic — and boredom and anxiety are...
U.S. drafts rule to allow Huawei and U.S. firms to work together on 5G standards: sources
The U.S. Department of Commerce is close to signing off on a new rule that allows U.S. companies to work with China's Huawei Technologies on setting...
Sinclair agrees to pay record-setting $48 million FCC civil penalty
Sinclair Broadcast Group has agreed to pay a $48 million fine to the Federal Communications Commission (FCC) resolving the probe into the company's abandoned deal to...
Fed's Bullard: Drop in U.S. payrolls 'not a surprise' given shutdowns - CNBC
The massive drop in U.S. private payrolls for April, reported on Wednesday, is "not a surprise" but employment could recover dramatically in the second half of...
U.S. private payrolls plunge by a record 20.2 million in April
U.S. private employers laid off a record 20.236 million workers in April as mandatory business closures in response to the novel coronavirus outbreak savaged the economy,...
United Airlines to raise $2.25 billion through bond offering
United Airlines Holdings Inc said it plans to raise $2.25 billion through a bond offering as it grapples with a slump in air travel demand due...