Kraft-Heinz extends factory worker bonuses in pandemic
Kraft Heinz will extend for two weeks a $100 per week stipend for factory workers producing its packaged foods during the COVID-19 pandemic, the company said...
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.
How financial experts say this millennial should spend her $1,200 stimulus check
Even for those who are fortunate enough not to have to put their stimulus check toward essentials, there are still important decisions to make. Should you...
Pricing the benefits of cheap oil in a world of economic lockdowns
The oil price collapse that took U.S. crude prices sub-zero for the first time in history may turn out to be a silver lining for the...
EU says air travel will require social distancing, U.S. airlines taking their own steps
The European Commission will next month present a set of rules for the safe reopening of air travel when coronavirus lockdowns end, including social distancing in...
U.S. House expects to pass $500 billion coronavirus bill, avoids fight over remote voting
The U.S. House of Representatives expects to pass a nearly $500 billion coronavirus relief bill on Thursday but will put off any decision on changing its...
U.S. Treasury market faces structural issues even as liquidity improves
The recent liquidity crisis in the $17 trillion U.S. Treasury market has exposed structural problems that are unlikely to be fixed any time soon, which could...
Sycamore Partners backs out of coronavirus-stricken deal for Victoria's Secret
Buyout firm Sycamore Partners disclosed on Wednesday it had walked away from a $525 million deal to acquire a majority stake in Victoria's Secret, after the...
Quibi downloads reach 2.7 million, TV feature to start in May
New streaming service Quibi, which offers entertainment and news in episodes of 10 minutes or less on mobile phones, has been downloaded more than 2.7 million...
Daimler resumes engine production at Mercedes in Germany
Mercedes-Benz is ramping up engine production at its plant in Bad Cannstatt, Stuttgart, this week after Germany eased lockdown measures in a sign Europe's largest economy...
Housing regulator offers further support for mortgage-finance companies
The U.S. housing regulator on Wednesday announced its second step in as many days to help ease the liquidity strain in the mortgage market.
EU 'misunderstandings' push back deal on coronavirus economic recovery
It may take European Union countries until the summer or even longer to agree on how exactly to finance aid to help economies recover from the...
Brent crude up 8.4% in wild swing after hitting lowest since 1999
Brent crude oil rose 8.4% on Wednesday, as prospects for extra pledges from major producers to cut output prompted a sharp turn up off a session...
Oklahoma will let struggling oil producers halt output without breaking contracts
Oklahoma's energy regulator on Wednesday ruled in favor of an oil company's emergency application to classify some oil production as economic waste, enabling producers to maintain...
Sycamore Partners seeks to end Victoria's Secret deal, L Brands shares plunge
Investment firm Sycamore Partners is seeking to end its deal to buy a stake in L Brands Inc's lingerie brand Victoria's Secret, citing business decisions the...
Flaw in iPhone, iPads may have allowed hackers to steal data for years
Apple Inc is planning to fix a flaw that a security firm said may have left more than half a billion iPhones vulnerable to hackers.