Costco bucks dividend suspension trend with near 8% raise
Costco Wholesale Corp said on Wednesday it would raise its quarterly dividend by 7.7% to 70 cents per share, at a time when several major companies...
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.
Americans have lost $13.4 million to fraud linked to Covid-19
Americans have reported losing more than $13 million to coronavirus-related scams since the beginning of the year, according to the Federal Trade Commission.
U.S. companies walk legal tightrope as earnings season kicks off
U.S. companies are grappling with how best to provide guidance on their earnings outlook as the novel coronavirus takes uncertainty to new heights and exposes them...
Tesla, Musk must face shareholder lawsuit over going-private tweet
A federal judge said Tesla Inc and Chief Executive Elon Musk must face a lawsuit claiming they misled shareholders when Musk tweeted that he had secured...
NCFA Open Letter: Government should collaborate with Fintechs during the COVID-19 pandemic to give Startups and SMEs a Fighting Chance
NCFA April 15, 2020 re: Open Letter: Government should collaborate with Fintechs during the COVID pandemic to give Startups and SMEs a Fighting Chance Dear: Right...
Your questions on the lockdown and U.S. small business, answered
After closing their doors to prevent the spread of the coronavirus, many small businesses face an uncertain future following government-ordered lockdowns.
Exclusive: New York taps McKinsey to develop 'Trump-proof' economic reopening plan
New York Governor Andrew Cuomo has hired high-powered consultants to develop a science-based plan for the safe economic reopening of the region that can thwart expected...
Asia stocks set to tumble as investors fear worst recession since 1930s
Asian stocks look set to tumble on Thursday, as fears that the world is in its worst recession since the 1930s were heightened by data showing...
Ryanair sees quick airline recovery marked by low fares
Ryanair is steeling for an airline price war that it expects to win once coronavirus restrictions are lifted and passengers flock back to tourist destinations, Chief...
Samsung to tap Xilinx chips for 5G network equipment
American semiconductor firm Xilinx Inc said on Wednesday it had won a deal to supply chips to Samsung Electronics Co Ltd for 5G networking equipment.
IMF's Georgieva wants to triple concessional financing for poor countries
The International Monetary Fund is looking to triple its concessional financing for the poorest countries to over $18 billion to help them respond to the novel...
Apple-Google alliance welcomed by European coronavirus app platform
An Apple collaboration with Google will make it quicker to get systems for tracing coronavirus infections up and running, the prime mover behind a European effort...
Oil slide dents futures ahead of bank earnings
U.S. stock index futures retreated on Wednesday for a second time this week, as a slide in oil prices pressured energy stocks ahead of what is...
United cuts May schedule by 90%, tells employees to brace for job cuts: memo
United Airlines Holdings Inc told employees on Wednesday that it has cut its flight schedule by 90% in May and possibly June, and to prepare for...
Oil bounces back as rising stockpiles seen pointing to lower output amid coronavirus
Oil rose on Thursday, with U.S. crude rebounding from near-20-year lows in the previous session on hopes that a big build-up in U.S. inventories may mean...