Instant View: OPEC+ cuts will not be enough to halt oil collapse - analysts
OPEC and other major oil producers on Thursday said they would cut output by 10 million barrels per day for two months in the face of...
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.
Trump administration official says U.S. welcomes reports of OPEC+ oil cut deal
The United States welcomed on Thursday reports that OPEC and its allies agreed in principal to reduce oil production by 10 million barrels per day (bpd),...
Mnuchin, Kudlow say U.S. economy could open in May, defying experts
The Trump administration's top economic officials said on Thursday they believe the U.S. economy could start to reopen for normal business in May, despite health experts'...
Saudi, Russia agree record oil cut under U.S. pressure as demand crashes
OPEC and its allies led by Russia agreed on Thursday to cut their oil output by more than a fifth and said they expected the United...
Facebook must face renewed privacy lawsuit over user tracking
A federal appeals court on Thursday revived nationwide litigation accusing Facebook Inc of violating users' privacy rights by tracking their internet activity even after they logged...
Trump says administration likely to release details on airline aid this weekend
President Donald Trump said on Thursday his administration would be releasing details over the weekend about its program to help U.S. airlines hit hard by the...
U.S. Treasury chief to brief Trump on aviation aid review
U.S. Treasury Secretary Steve Mnuchin was due to brief President Donald Trump at the White House on Thursday about the government's review of requests for $32...
Frustration mounts on Main Street as entrepreneurs wait on banks and SBA for much-needed funding
As demand spikes for federal funds, new guidance and stalled payouts from the SBA on its Economic Injury Disaster Loans and advance grants are adding to...
Facebook sues Bangkok resident for selling fraudulent ad tools
Facebook Inc sued a Bangkok-based Indian man on Thursday for developing and marketing a software to bypass the social network's advertising review process and deliver prohibited...
BlackRock CEO Larry Fink's pay fell 8.4% in 2019: filing
BlackRock Inc , the world's largest asset manager, cut total compensation for Chairman and Chief Executive Officer Larry Fink by 8.4% in 2019, a second straight...
GM plans to extend shutdown of Brazil auto production by 60 days
General Motors Co plans to keep its Brazilian factories shut down for at least 60 more days due to the coronavirus crisis, the company said Thursday,...
Global stock markets jump on Fed stimulus, oil pulls back from earlier surge
Global equity benchmarks moved higher on Thursday following signs of some success by governments and central banks which have taken additional steps to bolster their economies...
Op-Ed: SBA chief pledges 'every available resource' to aid small businesses
All small businesses are eligible, including non-profits, self-employed individuals, sole proprietorships, and independent contractors, writes SBA Administrator Jovita Carranza.
UBS and Credit Suisse to partially postpone dividend payout
Switzerland's two big banks, UBS and Credit Suisse , said they decided to pay out part of their dividend for 2019 later this year after financial...
Swiss financial watchdog welcomes UBS' and Credit Suisse's dividend decisions
Swiss financial watchdog Finma said on Thursday it welcomed a decision by UBS and Credit Suisse to pay out half of their dividends for 2019 in...