New York charges Mallinckrodt with insurance fraud over opioid claims
New York state brought civil charges on Tuesday accusing Mallinckrodt Plc of insurance fraud for misrepresenting the safety and efficacy of its opioid drugs, leading to...
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.
Exclusive: ValueAct eyes Nintendo with stake of over $1.1 billion - letter
Activist investor ValueAct Capital Partners LP has built a stake of over $1.1 billion in Nintendo , according to a letter seen by Reuters, a bet...
Strained U.S. mortgage firms get support but push for liquidity facility
The U.S. housing regulator on Tuesday provided some long-awaited relief for mortgage firms facing billions of dollars of missed home loan repayments, although industry officials said...
Wall Street tumbles as oil crash adds to pandemic fears
Wall Street tumbled for a second straight day on Tuesday as a collapse in U.S. oil prices and glum forecasts by companies foreshadowed the worst economic...
US Oil Fund drops 30% after changing structure again as popular ETF tries to stave off collapse
The United States Oil Fund, a popular exchange-traded security known for its 'USO' ticker which is supposed to track the price of oil and is popular...
U.S. home sales tumble as coronavirus keeps buyers indoors
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...
The Paycheck Protection Program needs better oversight on how the money is granted, critics say
While Congress discusses pouring more funds into the Paycheck Protection Program, small businesses are still uncertain on whether they'll get their lifeline. Analysts call for tighter...
Hailstorm devastates hundreds of hectares of Bordeaux vines in SW France
A violent hailstorm that hit the Bordeaux wine region last Friday has caused severe damage, with several hundred hectares of vines nearly destroyed, notably in the...
We can make more ventilators if government ups order, says UK business consortium
A group of firms, including Airbus and Ford, could build more than the current government order of 20,000 ventilators and continue once normal operations begin to...
Amazon extends closure of French warehouses until April 25: statement
Amazon is extending the closure of its French warehouses until April 25 included, the online retail giant said in a written statement on Tuesday.
Lockheed Martin trims sales outlook as coronavirus hits supply chain
Lockheed Martin said on Tuesday the spread of coronavirus has delayed shipments of vital supplies to its numerous businesses and will likely hurt its sales this...
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...
SoftBank shares attractive near-term as buyback eyed: UK's AVI
SoftBank Group's planned $22.5 billion share buyback presents an attractive buying opportunity but it is not a clear longterm investment, said a London-based investor that has...
Tech titans dominate U.S. stock market after surge
Investors are once again crowding into a narrow range of technology and internet stocks, heightening concerns that the market's dramatic bounce from last month's lows is...
Senators from both U.S. parties press Fed for climate details
Senators from both major U.S. parties are pressing the Federal Reserve to say more about the role that climate considerations could play in its asset purchase...