Here are the largest public companies taking payroll loans meant for small businesses
Those that have received Paycheck Protection relief designed for small business include publicly traded firms with thousands of employees.
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.
Battered consumer confidence to slow airlines' recovery: IATA
Faltering consumer confidence will slow the recovery of air travel once coronavirus restrictions end, the sector's main global body warned on Tuesday, citing bleak new survey...
Oil giveaway brings out the bears
The crash in U.S. crude prices has turned a reliable commodity less than worthless and given fresh urgency to bearish voices, who say it sounds alarm...
Oil hits two-decade lows on low demand, storage woes
Benchmark Brent and U.S. oil futures for June delivery plunged to around two-decade lows on Tuesday, a day after U.S. May futures sank into negative territory...
US Oil Fund, popular ETF trading under ticker 'USO,' plunges 19% after brief halt
Trading in the United States Oil Fund, a popular exchange-traded security known for its 'USO' ticker which is supposed to track the price of oil, was...
Chinese EV maker BYD profit down 42% in 2019, under pressure from subsidy cut
Chinese electric vehicle maker BYD Co Ltd , , which is backed by U.S. investor Warren Buffett, on Tuesday reported a 41.9% drop in 2019 net...
U.S. existing home sales tumble in March
U.S. home sales dropped by the most in nearly 4-1/2 years in March as extraordinary measures to control the spread of the novel coronavirus brought buyer...
Gucci sales hit hard by start of virus outbreak in China
French luxury goods group Kering said on Tuesday comparable sales fell by 16.4% in the first quarter, with its Gucci brand hit harder than its other...
Retail investors who believed they were investing in crude oil get a rude awakening
"Know what you own" is an old adage when investing, but it is especially important when owning investments that hold futures contracts.
Qatar Airways defers half of some employees' wages for three months
Qatar Airways on Tuesday said mid-level employees and above will have their salaries halved for at least three months but that staff would be back paid...
Top House Republican McCarthy confirms deal reached on small business loan bill
The top Republican in the U.S. House of Representatives said on Tuesday that a deal had been reached to replenish funding for an emergency program that...
IHS slashes 2020 global light vehicle sales outlook on coronavirus hit
Data firm IHS Markit sharply lowered its 2020 forecast for global light vehicle sales on Tuesday and warned that the United States will take the biggest...
Oil dip unsurprising, second-quarter GDP drop could be biggest ever: White House's Hassett
White House economic adviser Kevin Hassett said on Tuesday the current dip in oil prices is due to a "very short-run thing" and markets will find...
Trump calls for U.S. oil industry bailout as prices plunge
U.S. President Donald Trump said on Tuesday he has asked his cabinet to devise a plan to inject cash into the ailing U.S. oil-drilling industry to...
Wall Street falls as U.S. crude crash adds to pandemic woes
Wall Street retreated for a second straight day on Tuesday as a collapse in U.S. crude prices and glum annual forecasts by companies foreshadowed the biggest...