Pringles maker Kellogg pushes product launches to second half as virus raises costs
Kellogg Co said on Thursday it would push product launches to the second half of 2020, as the breakfast cereal maker invests into additional warehouse space...
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.
Elon Musk says orders to stay home are ‘fascist’ in expletive-laced rant during Tesla earnings call
CNBC Lauren Feiner Apr 29, 2020 Key Points Tesla CEO Elon Musk lashed out at government stay at home orders as “fascist” in an expletive-laced rant...
Fed expands 'Main Street' program to firms with up to 15,000 workers
The U.S. Federal Reserve on Thursday widened a key program to nurse the "Main Street" economy through the coronavirus pandemic, agreeing to lend to even larger...
Comcast warns of steeper impact of coronavirus as first quarter revenue narrowly misses forecast
Comcast Corp on Thursday reported first quarter revenue that fell shy of Wall Street's estimate, and warned of a weaker second quarter as a result of...
Goldman Sachs shareholders back executive pay packages
Goldman Sachs Group Inc said on Thursday that 71% of shareholders voted to approve the bank's executive pay packages, according to preliminary tallies.
Millions of Americans continue to seek jobless benefits; consumer spending tanks
Millions more Americans filed claims for unemployment benefits last week, suggesting that layoffs were spreading to industries that were not initially directly impacted by business closures...
McDonald's profit misses estimates, shares drop 4%
McDonald's Corp missed Wall Street estimates for quarterly profit on Thursday as some restaurants in Europe and elsewhere remained closed to curb the spread of the...
Oil prices set to cap off nightmare month with gains
Oil prices jumped for a second day on Thursday, lifted by signs the U.S. crude glut is not growing as quickly as expected and clawing back...
ConocoPhillips to sharply cut oil production as low prices hit earnings
U.S. oil and gas company ConocoPhillips said on Thursday it would sharply reduce oil production in coming weeks, aiming to shut in 35% of its total...
Twitter gains users, beats estimates but ad trends alarm investors
Twitter Inc on Thursday reported higher first-quarter revenue and a smaller loss than analysts had expected amid the coronavirus pandemic, but its shares fell as investors...
U.S. economy may not need more stimulus to weather coronavirus hit: White House official
The U.S. economy may be able to weather the hit from the coronavirus with the stimulative policies already in the pipeline without the need for more...
Fed to expand reach of 'Main Street' lending program
The U.S. Federal Reserve on Thursday widened a key program to nurse the "Main Street" economy through the coronavirus pandemic, agreeing to lend to even larger...
S&P 500, Dow slip after grim jobless claims data
The S&P 500 and Dow Jones indexes dipped on Thursday as a grim U.S. jobless claims report took the shine off a strong month for stock...
Shell cuts dividend for first time since 1940s as oil demand collapses
Royal Dutch Shell cut its dividend for the first time in 80 years and suspended the next tranche of its share buyback programme on Thursday following...
Airbus in talks with French state over possible aid: CEO
European planemaker Airbus is in talks with the French state regarding possible aid for the company, one of many in the transport sector to have been...