Futures retreat ahead of jobless claims, business activity data
U.S. stock index futures headed lower on Thursday as investors braced for another staggering jobless claims report and a plunge in business activity data as state-wide...
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.
Gap says may not have enough money to run operations
Gap Inc warned on Thursday it may not have enough funds to run its operations in the next 12 months as it weathers the impact of...
Incoming college students consider taking a gap year instead of school during Covid-19
As colleges remain closed indefinitely, the number of college-bound seniors considering a gap year is up significantly. But this option is not a quick fix.
What fluctuating oil prices mean for your wallet
Small businesses aren't the only ones taking a hit from stay-at-home orders. Lockdowns are a contributor to the oil price gyrations you're currently seeing. Here's what...
Japanese governor pledges support for Toyota suppliers as production dips
As Toyota prepares to nearly halve production at Japanese factories, a regional governor said on Thursday he would offer 400 billion yen ($3.72 billion) in emergency...
African airlines could lose $6 billion in passenger revenue in 2020: IATA
African airlines could lose $6 billion in passenger revenue in 2020, the International Air Transport Association said on Thursday, as flight restrictions due to the novel...
China's BYD, Toyota's Hino partner in electric commercial vehicles
Chinese electric vehicle maker BYD said on Thursday it has partnered with Toyota-owned truck maker Hino Motors to develop electric commercial vehicles, as BYD deepens electric...
Drowning in crude, U.S. drillers say Trump strategic reserve plan is no lifeline
President Donald Trump's plan to fill the U.S. emergency crude oil stockpile has become the centerpiece of his administration's strategy to shield drillers from a meltdown...
U.S. bank investors put on mute as shareholder meetings go virtual
Often rowdy and confrontational, this year's bank shareholder meetings have so far been brief and uneventful as the annual gatherings move online amid U.S. coronavirus lockdowns.
Futures dip ahead of jobless claims, business activity data
U.S. stock index futures retreated on Thursday as investors braced for another staggering jobless claims report and an expected plunge in business activity data as sweeping...
Eli Lilly lifts 2020 profit view as coronavirus lockdowns fuel profit beat
Eli Lilly and Co beat quarterly profit estimates and raised the top-end of its 2020 earnings forecast on Thursday, benefiting from customers stockpiling on medicines such...
Apple plans to sell Macs with its own chips from 2021: Bloomberg
Apple Inc plans to sell Mac computers with its own main processors by next year based on the chip designs currently used in its iPhones and...
Gap says current cash and credit lines may not be sufficient to fund operations
Gap Inc said on Thursday its existing cash levels and credit facilities may not be sufficient to run its business and it would have to take...
Domino's Pizza forecasts rise in comparable sales; pulls long-term outlook
Domino's Pizza Inc on Thursday forecast a 7.1% rise in U.S. comparable store sales in the first four weeks of the current quarter, benefiting from home-delivery...
Rebound in oil is just a 'breather' and crude prices will likely turn negative again, analysts say
The overnight partial recovery in oil prices isn't a rebound, but simply a "breather," as weak demand and storage issues would continue to pressure prices, which...