States need revenue. These taxes might go up
Lockdowns and layoffs are starving states of revenue they otherwise would get from income and sales taxes. State and local governments may find other ways to...
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.
White House official warns of negative shocks before rebound later in 2020
Top Trump adminstration officials on Tuesday predicted a strong economic rebound in the fourth quarter as the coronavirus fades, but a senior White House adviser warned...
Wells Fargo's relationship with NRA is 'declining': CEO
Wells Fargo & Co's relationship with firearm lobbying group the National Rifle Association is "declining," Chief Executive Charles Scharf told investors on Tuesday.
Russia's Yandex.Taxi targets continued profitability even as rides plummet
Yandex.Taxi, the ride-hailing arm of Russian internet giant Yandex , is hoping to remain profitable in the second half of this year despite a sharp drop...
S&P 500 gains modestly, warning of higher COVID-19 deaths curb recovery hopes
The bellwether S&P 500 index inched higher on Tuesday, with fresh warnings of a possible higher death toll from the new coronavirus and plunging consumer confidence...
Toilet paper trophy hunters on a roll as U.S. shortages start easing
U.S. consumers have begun spotting rare Quilted Northern and Charmin toilet paper rolls on store shelves across the United States, as stocks start building after weeks...
Watch live: President Trump holds briefing on small business loan program
President Donald Trump on Tuesday is slated to deliver remarks on the Paycheck Protection Program. The government relief program offers forgivable loans to small businesses that...
Stocks rise despite mixed earnings while investors weigh easing of lockdowns
Stock markets across the globe managed to rise on Tuesday, riding out sharp swings on Wall Street as mixed corporate earnings results and dramatic moves in...
Brent rises on easing lockdowns, U.S. crude falls amid storage shortage
Oil prices fell on Tuesday with U.S. crude leading the decline, falling about 3% as domestic stockpiles were expected to have risen closer to record highs...
Fears of surge in coronavirus death toll weigh on S&P, Nasdaq
The S&P 500 and Nasdaq indexes eased on Tuesday as scientists warned of an increase in U.S. coronavirus deaths if states lifted lockdowns too quickly, while...
U.S. banks battle technology issues in race for $310 billion in new small-business aid
U.S. bankers racing to grab $310 billion in fresh small-business aid worked through the night on Tuesday, with many battling ongoing technology problems created by 11th...
S&P 500, Nasdaq retreat as pandemic damage mounts
The S&P 500 and Nasdaq erased early gains on Tuesday as a plunge in consumer confidence underlined the extent of the economic damage from the coronavirus...
H&M set to permanently close eight shops in Italy
Sweden's H&M is set to permanently close eight of its Italian stores, including two in the country's fashion capital Milan, as it pushes ahead with plans...
U.S. consumer confidence, exports sink amid coronavirus disruptions
U.S. consumer confidence tumbled to near a six-year low in April as tough measures to curb the spread of the novel coronavirus sharply disrupted economic activity...
Harley boosts cash reserves as coronavirus hits demand
Harley-Davidson Inc slashed its dividend and halted share buybacks on Tuesday to boost its cash reserves as global lockdowns due to the coronavirus pandemic hit motorcycle...