Facebook sees signs of stability in ad spending
Facebook Inc beat analysts' estimates for quarterly revenue on Wednesday, and said it has seen signs of stability in ad spending during the first three weeks...
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.
Exclusive: Chesapeake Energy preparing bankruptcy filing
Chesapeake Energy Corp , the oil and gas exploration and production company that was at the forefront of the past decade's U.S. shale boom, is preparing...
Qualcomm second-quarter results beat estimates, shares rise
Qualcomm Inc on Wednesday beat Wall Street estimates for quarterly results and forecast current-quarter sales largely in line with expectations even though several other chipmakers had...
Microsoft revenue beats as remote work boosts Teams, Windows
Microsoft Corp reported quarterly revenue above Wall Street estimates on Wednesday, boosted by higher usage from its online app Teams collaboration and higher demand for the...
EBay sees current-quarter revenue above view as more people shop online
EBay Inc forecast current-quarter revenue above Wall Street estimates on Wednesday, as the e-commerce company benefited from a surge in online orders with people staying indoors...
Tesla's profit run not derailed by coronavirus, full-year forecast scrapped
Tesla Inc on Wednesday posted its third quarterly profit in a row, but said the novel coronavirus was hurting deliveries and lockdown restrictions made it impossible...
Hertz in talks with creditors to avoid debt default, faces May 4 deadline
Hertz Global Holdings Inc said on Wednesday it was in talks with its lenders to avoid defaulting on debt related to its rental vehicle fleet, after...
Subway CEO defends franchise owners who applied for coronavirus small business loans
"We literally have 10,700 franchisees in the U.S., and on average they own two restaurants apiece," Subway CEO John Chidsey told CNBC.
Shares jump on coronavirus drug hopes, oil surges
World stock markets surged on Wednesday following encouraging news for an experimental COVID-19 treatment and some positive earnings reports, while beaten-up oil prices soared.
Juul plans to cut a third of its workforce- WSJ
Juul Labs Inc is planning to cut around a third of its staff as the e-cigarette maker faces a relentless series of regulatory headaches and falling...
Amazon turns to Chinese firm on U.S. blacklist to meet thermal camera needs
Amazon.com Inc has bought cameras to take temperatures of workers during the coronavirus pandemic from a firm the United States blacklisted over allegations it helped China...
KFC operator Yum's same-store sales, profit falls as lockdowns bite
Yum Brands Inc reported a 7% fall in quarterly comparable store sales on Wednesday, as many restaurants across its brands were closed or limited to delivery...
China committed to Phase 1 trade deal despite pandemic: U.S. official
China remains "very, very committed" to meeting its commitments under a Phase 1 trade deal with the United States, despite the unprecedented economic and health impacts...
How to get more college aid money now amid the coronavirus pandemic
Now more than ever, it may pay for students to negotiate with colleges for more money towards tuition.
White House adviser sees 'cash' phase of economic rescue winding down
With the U.S. economy poised for a sharp rebound, it is time for policy to move from a "cash" rescue phase to focus on more long-term...