Google to slow hiring for rest of 2020, CEO tells staff
Alphabet Inc's Google will slow hiring for the rest of the year, Chief Executive Officer Sundar Pichai told the company's staff in a memo on Wednesday.
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.
Honda deploys its minivans to transport virus patients
Honda Motor Co said it has remodeled 50 of its minivans to transport COVID-19 patients to hospitals and quarantine facilities in Japan, sealing off the rear...
Bank of America profit nearly halves as loan loss provisions soar
Bank of America Corp recorded a 48.5% fall in quarterly profit on Wednesday, as it set aside $3.6 billion in provisions to cover for potential lossses...
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...
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...
Tesla must face shareholder lawsuit over Musk's going-private tweet
A federal judge said Tesla Inc must face a lawsuit claiming it misled shareholders when Chief Executive Elon Musk tweeted in August 2018 that he was...
Lyft launches meal, grocery delivery service in several U.S. cities
Lyft Inc on Wednesday said it has launched a new on-demand delivery service to provide essential goods, including groceries, meals and medical supplies, to people in...
Wall Street falls after gloomy economic data, bank earnings
U.S. stocks fell on Wednesday as dismal economic and first-quarter earnings reports compounded concerns over the extent of damage from the coronavirus outbreak.
Crisis shows companies need social licence to operate, Federated Hermes says
Federated Hermes has written an open letter to company executives and chairpersons setting out how COVID 19 has changed its engagement priorities and how the pandemic...
Exclusive: Ukraine ready to ban wheat exports if necessary - official
Ukraine, one of world's top grain exporters, is ready to ban wheat exports if sales exceed limits agreed with traders, the deputy economy minister in charge...
Global shares fall, weighed down by cheap oil and economic warnings
Global stocks fell on Wednesday as oil prices dropped and warnings of the worst global recession since the 1930s underscored the economic damage done by the...
Citigroup's first-quarter profit tumbles 46% as bank sets aside more money for loan losses
Citigroup reported a sharp drop in its first-quarter profit as the bank built its loan-loss reserves by $4.9 billion.
Coronavirus delivers record blow to U.S. retail sales in March
U.S. retail sales suffered a record drop in March as mandatory business closures to control the spread of the novel coronavirus outbreak depressed demand for a...
Deloitte UK says cutting partner pay to preserve jobs in pandemic
Global accounting and consulting company Deloitte said partners at its UK arm would have their pay cut by a fifth this year to protect jobs during...
Brazil airline Azul hires adviser to restructure debt: report
Brazilian airline Azul SA has hired restructuring firm Galeazzi & Associados to renegotiate its financial and suppliers' debt, Brazilian newspaper O Estado de S. Paulo reported...