Klobuchar, Warren urge FTC to take more steps to help small businesses avoid coronavirus scams
Amy Klobuchar and Elizabeth Warren raise concerns about scammers taking advantage of business owners seeking aid during 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.
Fox Corp quarterly revenue tops estimates as Super Bowl boosts viewership
Fox Corp beat Wall Street estimates for third-quarter revenue and profit on Wednesday as Super Bowl broadcast boosted television viewership, sending the company's shares up more...
T-Mobile beats first-quarter postpaid subscriber estimates
T-Mobile US Inc added more monthly bill paying phone subscribers than expected in the first quarter, thanks to cheaper plans compared to its rivals and a...
Lyft sees rider demand rebound in late April, 'on path to profitability'
Lyft Inc on Wednesday surprised investors with higher-than-expected revenue and the ride-hailing company vowed further cost cuts to become profitable as the U.S. coronavirus lockdown batters...
Exclusive: 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 would allow U.S. companies to work with China's Huawei Technologies on...
S&P 500, Dow drop as financial sector declines counter tech gains
The S&P 500 and the Dow fell on Wednesday as declines in financials and defensive groups countered gains in tech shares and as data showed U.S....
World shares mixed amid hopes for business pickup, oil slips
Oil prices slid and world equity markets seesawed on Wednesday as investor hopes for a pickup in business activity were dashed by downbeat economic data and...
Surging small cap stocks offer hope of U.S. growth rebound
Big gains in small caps stocks are fueling hopes that a bounce in broader equity markets may stick, as investors ponder how quickly the U.S. economy...
Fed lending program not for insolvent oil drillers, Kaplan says
Insolvent or overly leveraged firms, including oil drillers and oil services firms, won't be able to tap the U.S. central bank's "Main Street" emergency lending program,...
Breakout time behind plexiglass: Renault factory restarts in France
With temperature scanners on the door and tables partitioned by plexiglass shields in the breakout area, workers at one of Renault's French plants are adjusting to...
Tech leads Wall Street higher as financials fall
The benchmark S&P 500 rose modestly on Wednesday, with gains in technology shares offsetting declines in financials and defensive groups as data showing U.S. private employers...
The magic word for Detroit automakers is trucks
The coronavirus pandemic brought the U.S. auto industry to its knees, but Americans' love affair with beefy pickup trucks is helping the Detroit automakers get on...
Abercrombie, Gap prepare to reopen stores as lockdowns ease
Abercrombie & Fitch Co and cash-strapped Gap Inc on Wednesday laid out plans to reopen stores in areas where lockdown curbs have eased, while also introducing...
WTO must decide if U.S. complied with Boeing aid ruling, Airbus says
The World Trade Organization must decide whether the United States has fully complied with WTO rulings on illegal government aid to Boeing Co , and that...
Factbox: Who are the first members of Facebook's oversight board?
Facebook Inc on Wednesday named the first members of its independent oversight board, which will be able to overturn the company's decisions on individual pieces of...