Nordstrom temporarily shutters headquarters on coronavirus fears
Nordstrom Inc has temporarily shut down its corporate headquarters in Seattle due to the spread of the coronavirus in the area, the retailer said in a...
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.
Ferrari to pilot employee screening for coronavirus: Elkann
Luxury group Ferrari will pilot a project to conduct voluntary screening of employees and their families to better fight the novel coronavirus outbreak, the head of...
Video service Zoom taking security seriously: U.S. government memo
Video conferencing company Zoom has been responsive to concerns over its software, the U.S. Department of Homeland Security (DHS) said in a memo recently distributed to...
Exclusive: Venezuela gasoline shortages worsen as U.S. tells firms to avoid supply - sources
Gasoline shortages in Venezuela are worsening after U.S. officials have told foreign firms to refrain from supplying the fuel to the sanctioned South American nation and...
Fed modifying asset cap so Wells Fargo can make more small business loans
The U.S. Federal Reserve said on Wednesday it would "temporarily and narrowly" modify the growth restriction on Wells Fargo & Co's asset cap so the bank...
Walmart's Mexico unit hires over 7,700 employees to manage higher demand
Walmart de Mexico, known locally as Walmex , has hired 7,741 employees to manage higher volume and demand at its stores, the retailer said in a...
McDonald's pulls forecast as coronavirus outbreak hits quarterly sales
McDonald's Corp posted a steeper-than-expected decline in first-quarter comparable store sales and the burger chain pulled its full-year forecast as coronavirus-led lockdowns forced it to shutter...
Coming next from the Fed: How much for Main Street?
The U.S. Federal Reserve responded fast to the coronavirus crisis with open-ended programs to keep financial markets running and ensure major companies could raise cash as...
Skipping a mandatory distribution from your IRA? Everything you need to know
Congress gave retirement savers a bit of relief, allowing them to skip required minimum distributions from their IRAs and retirement plans in 2020. Here are a...
Airbus cuts jet production to cope with coronavirus crisis
Airbus on Wednesday cut production across the board to absorb the hit to manufacturing from the coronavirus crisis.
Lufthansa's Austrian unit negotiates state aid, job cuts
Austrian Airlines is in negotiations with the government regarding state aid to save jobs and keep Vienna as a transfer hub for long-haul flights, the carrier...
VIX futures point to coronavirus worries for months to come
Investors are betting on stocks to remain volatile well into the year, suggesting that many expect the long-term economic and public health impact of the pandemic...
U.S. senators question Amazon CEO about firing of warehouse protest leader
Five Democratic lawmakers on Wednesday wrote Amazon.com Inc to raise concern about its firing of a worker who protested warehouse operations during the coronavirus pandemic, according...
German foreign ministry restricts use of Zoom over security concerns
The German foreign ministry has restricted use of the video conferencing service Zoom to fixed-connection desktop computers because of "critical" security and data protection weaknesses, the...
Centerview turns to Matthieu Pigasse to lead new Paris hub
U.S. investment bank Centerview has hired Lazard's former France boss, Matthieu Pigasse, to lead its newly-launched Paris office and win business from European companies grappling with...