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...
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.
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...
Dollar stands tall as U.S. retail slump fans flight to safety
A flight to safety bid pushed the dollar higher against its peers on Thursday after dire retail and factory data showed the severity of the collapse...
Royal Caribbean sheds 26% of U.S. workforce as coronavirus hits travel
Royal Caribbean Cruises Ltd said on Wednesday it would lay off or furlough about 26% of its workforce in the United States, affecting nearly 1,300 of...
United cuts May flights by 90%, tells employees to brace for job cuts
United Airlines Holdings Inc said on Wednesday that it has cut its flight schedule by 90% in May and expects similar cuts for June as a...
Stocks slide as dire economic outlook weighs
World stock markets fell on Thursday, while bonds and the dollar held on to hefty gains, after a coronavirus-driven plunge in U.S. retail sales and factory...
NCFA Open Letter: Government should collaborate with Fintechs
NCFA April 15, 2020 Dear: Right Honourable Prime Minister Justin Trudeau Honourable Minister William Morneau Honourable Minister Navdeep Bains Honourable Minister Mary Ng re: Open Letter:...
Jim Cramer: 18 stock picks worth owning over the S&P 500
"Rule No. 1 for the new abnormal is that you stick with the winners and you leave the raggedy rest to the others," the "Mad Money"...
Fund managers looking at medical tests, Europe, for signs U.S. economy can reopen
Some investors are wary about buying into a recent stock market rally. Even with hopes for a quick reopening of the economy, they want more evidence...
U.S. retail sales, factory output sink as economy reels from coronavirus
U.S. retail sales suffered a record drop in March and output at factories declined by the most since 1946, buttressing analysts' views that the economy contracted...
American Airlines CEO says government aid should cover financing needs if demand recovers: CNBC interview
American Airlines Group Inc Chief Executive Doug Parker told CNBC on Wednesday that the $10.55 billion it will receive in federal grants and loans should be...
G20 countries agree debt freeze for world's poorest countries
Finance officials from the Group of 20 major economies agreed on Wednesday to suspend debt service payments for the world's poorest countries through the end of...
Pentagon probe unable to rule out White House influence on JEDI contract
The Pentagon's inspector general on Wednesday said it could not determine whether the White House influenced the award of a $10 billion contract to Microsoft Corp...
Apple releases budget iPhone SE priced at $399 as coronavirus stalls economy
Apple Inc on Wednesday released a smaller iPhone priced at $399, cutting the starting price for the company's smartphone line in a move to broaden its...
U.S. retail sales, factory output sink as coronavirus batters economy
U.S. retail sales suffered a record drop in March and output at factories declined by the most since 1946, buttressing analysts' views that the economy contracted...