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...
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.
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.
Chevron barred from drilling, transporting oil in Venezuela: U.S official
Chevron's assets in Venezuela have been mothballed and the company is not allowed to drill, transport or barter oil there as the Trump administration cracks down...
Zoom raises encryption level with upgraded meeting app
Zoom Video Communications Inc said on Wednesday it was upgrading the encryption features on its video conferencing app to better safeguard meeting data and offer protection...
Community colleges could see a surge in popularity amid Covid-19
The coronavirus crisis could have a dramatic effect on enrollment at four-year colleges and universities, sending more students to less expensive community colleges for now.
Jump in oil sends global equities higher; bonds dip
A jump in the price of oil and the promise of more government stimulus to ease the economic pain inflicted by the coronavirus pandemic helped calm...
Netflix to raise $1 billion to fund new shows
Netflix Inc said on Wednesday it plans to raise about $1 billion in debt, a day after the streaming pioneer doubled its own projections for new...
Air France-KLM nears bailout with improved guarantees: sources
Air France-KLM is moving towards a 10 billion euro ($10.9 billion) government-backed rescue deal, sources said, after France agreed to higher guarantees on loans designed to...
Quebec’s Sabotage wraps Sea of Stars as most successful Canadian game on Kickstarter ever
MobileSyrup Bradly Shankar April 20, 2020 Quebec City-based indie developer Sabotage has confirmed that its upcoming Sea of Stars RPG has become the most successful Canadian...
Virus outbreak raises spectre of cash injection for indebted EDF
Plummeting electricity demand and falling power prices during the coronavirus outbreak could leave EDF in need of a capital injection by the end of 2020 to...
Brent crude rises after coronavirus drags it to lowest since 1999
Brent crude oil sank below $16 a barrel to its lowest since 1999 on Wednesday, before recovering slightly on the prospect of extra pledges to cut...
AT&T pulls 2020 financial forecast as coronavirus clouds business
AT&T Inc pulled its financial forecast for the year on Wednesday as the impact of the coronavirus pandemic clouded its view for the foreseeable future.
Whether OPEC+ formally agrees, deeper oil cuts now look inevitable
Whether or not OPEC+ oil producers formally agree to extra oil output curbs, rapidly filling storage capacity and plummeting demand due to the coronavirus crisis may...
U.S. securities regulator warns investors over Chinese company disclosures
The head of the U.S. securities regulator on Wednesday warned investors against putting money into Chinese companies as they rebalance their portfolios following market turmoil due...
Massive layoffs and pay cuts are likely coming to state and local governments as federal aid goes elsewhere
State and local governments are warning of a wave of layoffs and pay cuts after getting left out of the federal coronavirus relief package expected to...