Smithfield Foods shuts U.S. bacon, ham plants as coronavirus hits meat sector
Smithfield Foods Inc, the world's largest pork processor, said on Wednesday it would shutter two U.S. plants that process bacon and ham, after closing a separate...
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.
Airbus puts off planned ramp-up of A220 jet
Airbus SE is delaying its planned Canadian production ramp-up of its A220 jet by a year, a company spokeswoman said on Wednesday, as the coronavirus outbreak...
Trading becomes a plus for Goldman once again during coronavirus rout
For the first time in years, Goldman Sachs Group Inc's having a sizeable trading business and a tiny consumer bank seems like a good idea.
Amazon's EU head of operations steps down amid virus crisis
Amazon.com Inc's vice president of the European Union segment, Roy Perticucci, has stepped down, the company confirmed on Wednesday.
Mylan's Robert Coury back as executive chairman
Mylan NV on Wednesday named Chairman Robert Coury to the role of executive chairman to help steer the drugmaker through the coronavirus pandemic and its delayed...
Costco, P&G, J&J among few to hike dividend during coronavirus crisis
Warehouse operator Costco Wholesale Corp on Wednesday raised its quarterly dividend by about 8%, joining a small but growing list of companies to do so at...
Google to slow hiring for rest of 2020, CEO tells staff
Alphabet Inc's Google will slow hiring for the rest of the year, Chief Executive Officer Sundar Pichai told the company's staff in a memo on Wednesday.
Trump to announce 'guidelines' on reopening U.S. economy Thursday
U.S. President Donald Trump said on Wednesday that data suggested the country had passed the peak on new coronavirus infections, and said he would announce "new...
U.S. companies reeling from coronavirus fallout, Fed survey shows
U.S. companies have been battered by the fallout from the novel coronavirus outbreak, with economic activity plunging at an unprecedented speed over the past few weeks,...
Auto supplier Magna preparing for North America return to work May 4: exec
Canadian auto supplier Magna International Inc is planning for a return to production in North America on May 4, with a subsequent gradual increase in output...
Argentina a 'black box' as $70 billion debt talks enter final act
By Marc Jones, Karin Strohecker, Tom Arnold and Cassandra Garrison
Citigroup profit tumbles 46% on expected credit card losses
Citigroup Inc reported a 46% plunge in quarterly profit on Wednesday as it prepared for losses driven primarily by its credit card business, and analysts raised...
J.C. Penney skips interest payment amid bankruptcy fears
J.C. Penney Co Inc said on Wednesday it will not make a $12 million interest payment on its long-term corporate bonds, a day after Reuters reported...
Wall Street falls on dour economic data, corporate earnings
U.S. stocks fell on Wednesday as dismal economic and first-quarter earnings reports compounded concerns over the extent of damage from the coronavirus outbreak.
Oil sinks after record 19 million-barrel U.S. crude build
U.S. crude prices fell to an 18-year low and Brent lost more than 6% on Wednesday after the United States reported its biggest weekly inventory build...