There's a lot of anxiety as small businesses worry the loan money will run out
Small business owners are nervous that funds in the $349 billion Paycheck Protection Program will run out before they can get a loan for coronavirus relief.
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.
Wall Street surges on hopes of slowing coronavirus deaths
U.S. stocks surged on Monday, with each of the major indexes rallying more than 5%, after a drop in the daily death toll in New York,...
Uber connects out-of-work U.S. ride-hail drivers to delivery, production jobs
Uber Technologies Inc said on Monday its app will list job openings in the delivery, food production and grocery industry that can be accessed by its...
EasyJet requests draw down of $500 million credit facility, explores more funding
EasyJet said on Monday it has requested to fully draw down its $500 million credit facility, secured against aircraft assets, and will continue to explore funding...
Alaska's RavnAir bankruptcy while awaiting government aid shows regional airlines' challenges
RavnAir Group, the largest regional carrier in Alaska, filed for bankruptcy on Sunday and grounded all of its 72 planes, saying it was clear that government...
Airbus announces additional production pauses
Airbus said on Monday it had decided additional production pauses, in Germany and in the United States, in response to an industry-wide slowdown triggered by the...
Honda extends U.S., Canadian auto production halt through May 1
Honda Motor Co said on Monday it will extend its auto production shutdown in the United States and Canada through May 1.
Fed says it will provide financing against new U.S. 'payroll protection' loans
The Federal Reserve on Monday moved to bolster a new small-business lending program by allowing banks to turn those loans over to the U.S. central bank...
IBM taps former Bank of America CTO to oversee cloud business
International Business Machines Corp on Monday named former Bank of America Corp top technology executive Howard Boville head of its cloud business, as Arvind Krishna takes...
NYSE in talks with SEC to ease listing rules during coronavirus volatility
The New York Stock Exchange said on Monday it was in talks with regulators to temporarily ease its listing requirements to take the strain off companies...
Coronavirus muddies U.S. economic data as business closures push down response rates
A near total closure of U.S. businesses as authorities try to control the spread of the novel coronavirus could make U.S. economic data unreliable in the...
New York, New Jersey see early signs of coronavirus 'flattening'
The governors of New York and New Jersey said on Monday their states were showing tentative signs of a "flattening" of the coronavirus outbreak, but they...
U.S. banks to defend dividend payments in stress tests: FT
U.S. banks are expected to defend their dividend payments when they submit their annual capital plans to the Federal Reserve on Monday for the upcoming stress...
Op-Ed: Bailouts should come with strings attached so taxpayers can profit from recovery
Airlines, hotels and casinos, which employ millions of Americans, are turning to the U.S. government for help, but bailouts should come with conditions.
Solid chip sales unlikely to cushion Samsung's virus-hit first quarter profit
The coronavirus-driven global shift to working from home is set to have boosted demand for Samsung Electronics' memory chips from laptop makers and data centres, but...