WeWork sues SoftBank for dropping $3 billion tender offer
A WeWork board committee that negotiated a $3 billion tender offer with SoftBank Group sued the Japanese conglomerate on Tuesday for abandoning the deal, accusing it...
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.
Oil drops on growing crude glut, doubts over output cuts
Oil slumped on Tuesday in the face of swelling crude supplies and weak fuel demand due to the coronavirus pandemic, while investors also grew cautious over...
U.S. SEC issues compliance focus areas for brokers before new rules take effect
The head of the examination office at the U.S. Securities and Exchange Commission (SEC) on Tuesday published details about the expected scope and content for compliance...
Oil rises 3% on hopes for output cut as coronavirus ravages demand
Oil prices gained on Tuesday as hopes rose that the world's biggest producers of crude will agree to cut output as the coronavirus pandemic crushes demand,...
Small U.S. businesses were already struggling. Then coronavirus hit
Many small businesses were struggling with funding shortfalls and financial challenges even before the coronavirus pandemic hit, leaving them with little cash on hand to weather...
Mnuchin seeks additional $250 billion in small business relief from Congress by Friday
Treasury Secretary Steven Mnuchin said on Tuesday he wants Congress to approve an additional $250 billion for a small business relief program by Friday.
Trump administration seeks $250 billion more in aid for small U.S. businesses: Mnuchin
The Trump administration on Tuesday asked Congress for an additional $250 billion in emergency economic aid for small U.S. businesses reeling from the coronavirus pandemic, as...
White House to hold call with banks as hundreds struggle to access small business loans
The White House was due to speak with banks on Tuesday, as the administration's $350 billion program to support ailing businesses continued to confront hurdles, with...
Investors await data on coronavirus drugs as market rally builds
Clinical data on potential treatments for the new coronavirus could help sustain a market bounce that has buoyed stocks after last month's plunge, as investors look...
France's Thales withdraws final dividend, suspends outlook
France's Thales on Tuesday became the latest major company to slash its dividend, suspend profit guidance and top up liquidity in response to the coronavirus crisis.
TJX to furlough most of about 286,000 staff as stores stay shut amid pandemic
Off-price retailer TJX Companies Inc said on Tuesday it would furlough most of the employees at its stores and distribution centers, as outlets remain closed to...
Oil dips on doubts over output cuts, crude glut woes
Oil edged lower on Tuesday on uncertainty over whether the world's biggest producers would agree to cut output in the face of a swelling crude oil...
Exxon could delay third Guyana project as government review drags on
Exxon Mobil Corp said on Tuesday that production at the Payara project, its third development in Guyana, could be delayed due to delays in government approvals...
U.S. treasury secretary to seek additional $250 billion for small business
U.S. Treasury Secretary Steven Mnuchin said on Tuesday that he would seek an additional $250 billion to support small businesses hurt by the widespread economic slowdown.
Former Fed chief Bernanke sees bad year, no quick recovery
The U.S. economy could shrink 30% or more this quarter as stay-at-home orders aimed at slowing the coronavirus outbreak choke off business, and it could be...