Southwest posts first quarterly loss in nine years, shores up cash to weather pandemic
Southwest Airlines Co on Tuesday posted a $94 million quarterly net loss, its first in nine years, and warned of drastic revenue drops ahead as it...
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.
U.S. goods trade deficit rises as auto exports tumble
The U.S. goods trade deficit widened in March amid a collapse in exports of motor vehicles and parts, but overall imports continued to decline likely as...
Equities brush off oil price chaos
World stocks jetted to their highest in almost six weeks on Tuesday as plans to ease coronavirus lockdowns in a number of major economies helped offset...
Mnuchin warns that U.S. Treasury will audit coronavirus business loans
The U.S. Treasury Department will audit every loan for more than $2 million given under the Paycheck Protection Program for businesses hurt by the coronavirus fallout,...
Harley-Davidson cuts dividend, halts buybacks to preserve cash
Harley-Davidson Inc cut its quarterly dividend to just 2 cents and suspended share buybacks on Tuesday to boost its cash reserves as global lockdowns due to...
Here's how the coronavirus is threatening this source of tax-free income
Municipal bonds are a favorite of mom-and-pop investors in search of tax-free income. But times are looking rocky for these investments as states and cities grapple...
'I just want to know who made the bad loans' — Cramer blasts small business loan program
CNBC's Jim Cramer said Tuesday the names of the banks that approved small business loans to larger companies should be made public.
Exclusive: Aurubis to win EU approval for Metallo takeover - sources
Europe's biggest copper smelter Aurubis is set to win EU antitrust approval for its planned 380-million-euro ($412 million) acquisition of Belgian-Spanish metal recycling group Metallo, people...
Ford investors keen for details on when automaker will restart U.S. operations
Investors already know how the coronavirus outbreak has hurt Ford Motor Co's bottom line, so when the automaker releases first-quarter results on Tuesday they will focus...
Merck profit beats, coronavirus uncertainty weighs on forecast
Merck & Co Inc beat analysts' estimates for quarterly profit on Tuesday on strong demand for its blockbuster cancer drug, Keytruda, but expects coronavirus-led lockdowns to...
Southwest posts first quarterly loss in nine years and warns of more coronavirus clouds
Southwest Airlines Co posted on Tuesday a $94 million net loss in the first quarter, its first quarterly loss in nine years, due to the coronavirus...
Lufthansa may seek creditor protection alongside Berlin rescue talks
Lufthansa might seek some form of protection from creditors while talking to the Berlin government about a 9 billion euro ($9.76 billion) rescue package, a company...
Remote work revenue could help Microsoft offset coronavirus impacts, analysts say
When Microsoft Corp reports earnings on Wednesday, analysts expect some areas of its business to take a hit from the novel coronavirus pandemic, with lower-than-expected sales...
S&P 500, Dow gain on upbeat corporate earnings, reopening hopes
The S&P 500 and Dow Jones indexes rose on Tuesday after a string of upbeat quarterly reports took the edge off a plunge in consumer confidence,...
Berlin government, Lufthansa pursue rescue deal: sources
Lufthansa and the Berlin government are pursuing a 9 billion euro ($9.76 billion) rescue package for the airline, company and government sources said on Tuesday, but...