Glade Brook pitches 'extraordinary opportunity' in tech debt amid coronavirus
Glade Brook Capital Partners LLC, the venture capital firm led by Paul Hudson, is pitching a new fund to investors targeting the debt of private technology...
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.
Asian stocks seen retreating from 1-month high as investors reconsider risk
Asian shares looked set to pull back from a one-month high on Tuesday, as warnings of a deep recession dampened investor optimism that the slowing spread...
Delta working with Airbus on order book after deferring A350 orders linked to Latam
Delta Air Lines Inc confirmed on Tuesday it had taken over an order for 10 Airbus A350 jets from Latam Airlines Group , but said it...
U.S. Treasury says major airlines agree in principle to payroll aid
The U.S. Treasury Department said on Tuesday that major passenger airlines have agreed in principle to a $25 billion payroll support package meant to help airlines...
Airbnb in advanced talks about new $1 billion loan: sources
Airbnb is in advanced talks for a new $1 billion loan just days after the U.S. home rental company closed a $1 billion debt deal with...
Amazon fires three reported critics of warehouse conditions in pandemic
Amazon.com Inc said on Tuesday it had fired three reported critics of the company's pandemic response for workplace violations, dismissals that drew sharp words from U.S....
Major U.S. airlines accept government aid for payrolls; American also wants a loan
The U.S. Treasury Department said on Tuesday that major passenger airlines have agreed in principle to a $25 billion rescue package, ensuring airline workers jobs until...
Exclusive: J.C. Penney explores bankruptcy as hopes for recovery fade - sources
J.C. Penney Co Inc is exploring filing for bankruptcy protection after the coronavirus pandemic forced the U.S. retailer to temporarily shut its 850 department stores, upending...
Virus-hit Princess Cruises to anchor all voyages till end of June
Carnival Corp-owned Princess Cruises, whose three ships had become hotbeds for coronavirus infections, said on Tuesday it would cancel all voyages until June-end, after a "no...
GM begins production of ventilators for U.S. government
General Motors Co said on Tuesday it had started producing ventilators in the volume needed to treat severely ill coronavirus patients and would deliver the first...
P&G boosts dividend, says earnings to be released ahead of schedule
Procter & Gamble Co raised its quarterly dividend by 6% on Tuesday and advanced the release of its third-quarter earnings to April 17, saying that it...
Oil rises on bargain-hunting, hopes for stockpile purchases
Oil prices rose on Wednesday as investors looked for bargains after the previous session's slump and on hopes that consuming countries will look to fill their...
Delta absorbs Latam order for 10 Airbus A350 jets
Delta Air Lines has taken over an order worth roughly $3 billion at list prices for 10 Airbus A350 jets from Latam Airlines Group , the...
Exclusive: Stay off Zoom, Google Hangouts, Standard Chartered chief tells staff
Standard Chartered Plc is the first major global bank to tell employees not to use Zoom Video Communications Inc during the coronavirus pandemic due to cybersecurity...
Rolex joins Baselworld defections that cast doubt on watch fair's future
Rolex, Patek Philippe and Chanel will not exhibit at MCH Group's Baselworld watch and jewellery trade show in 2021, they said on Tuesday, another blow to...