Oil prices mixed after OPEC lowers oil demand forecast due to coronavirus
Oil prices were mixed with Brent down and U.S. crude higher after OPEC lowered its global oil demand forecast due to the "historic shock" delivered by...
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.
New York forms team to develop 'Trump-proof' economic reopening plan
New York Governor Andrew Cuomo has tapped high-powered consultants to develop a science-based plan for the safe economic reopening of the region that can thwart pressure...
Sales drop at Vuitton owner LVMH as virus forces store closures
Louis Vuitton owner LVMH on Thursday posted a 17% drop in comparable sales in the first quarter due to the coronavirus pandemic, as government-imposed lockdowns in...
Fed's Bostic: Small business may need up to $500 billion monthly in support through crisis
U.S. small businesses may need as much as $500 billion a month to fully ensure their survival through the widespread closures and disruptions slamming their revenue...
U.S. small-business rescue loan program hits $350 billion cap, says government
A $350 billion emergency U.S. loan program designed to help small businesses keep workers on their payrolls amid the novel coronavirus disruption has run out of...
Elon Musk touts low cost to insure SpaceX rockets as edge over competitors
SpaceX is launching more often than any other country or company and CEO Elon Musk touted low insurance costs as proof of reliability.
Cramer: Amazon is the 'Grim Reaper' for smaller businesses, but it also may help save America
Amazon is "a juggernaut that just wipes out everybody," CNBC's Jim Cramer said Thursday. But he also noted the company's hiring spree as many other firms...
Scammers are defrauding unemployed Americans
Con artists are trying to take advantage of the jobless Americans applying for unemployment insurance in record numbers.
When you wish you were home alone: How to survive the quarantine with kids
Across the country, parents are adjusting to a new normal in the pandemic. Here's how they cope when home is also a workplace, a school and...
Wall Street rises on hopes of lockdown easing, jobless claims
U.S. stock markets opened higher on Thursday as data showed weekly jobless claims fell slightly from the previous week and on hopes President Donald Trump would...
Exclusive: Hedge fund Elliott says stocks could fall 50% from February highs - letter
Billionaire Paul Singer’s Elliott Management said global stocks could tumble more -- ultimately losing half of their value from February's high -- as the world braces...
Airbus evaluates requests for delays to jet deliveries
European planemaker Airbus is examining multiple customer requests to defer deliveries after travel demand collapsed because of the coronavirus epidemic, it said on Thursday.
Measures to control coronavirus weigh on U.S. homebuilding
U.S. homebuilding fell by the most in 36 years in March amid a broad decline in activity, offering further evidence that the economy was buckling under...
Cramer: Amazon is the 'Grim Reaper for everyone,' but it also may help save America
Amazon is "a juggernaut that just wipes out everybody," CNBC's Jim Cramer said Thursday. But he also noted the company's hiring spree as many other firms...
Luxury department store retailer Neiman Marcus Group skipped bond payment: letter
Neiman Marcus Group skipped a bond payment due this week to Marble Ridge Capital LP, according to a letter from the hedge fund to the luxury...