U.S. small businesses flood Bank of America with loan applications
Bank of America Corp said on Friday it has already received about 35,000 applications for federally backed small-business loans within hours of starting to accept them.
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.
Canada signs agreement with Amazon Canada to distribute medical equipment
Canada has signed an agreement with Amazon Canada to ensure medical equipment is delivered where it is most needed in the country's fight against the cornonavirus...
Dollar gains on safe-haven bids; shrugs off horrible U.S. jobs number
The dollar firmed against major currencies for a third straight day on Friday, as investors took shelter in the U.S. currency amid worsening economic fallout from...
Global stocks edge lower on economic toll from coronavirus; oil rallies
Global stock markets sank on Friday following more signs that the COVID-19 pandemic would take a massive toll on economic growth, while oil prices continued to...
Coronavirus depresses U.S. payrolls, more job losses coming
The U.S. economy shed 701,000 jobs in March, abruptly ending a historic 113 straight months of employment growth as stringent measures to control the novel coronavirus...
Helicopters? Bailouts? Central banks move to stem coronavirus crisis
Central banks are pulling out all the stops to try to shield their economies from the new coronavirus pandemic, raising questions about whether they risk crossing...
Take Five: Life in the time of corona
The world's biggest economy won't be open for business by Easter, as U.S. President Donald Trump had hoped, but the second biggest economy may come close....
Here's why holding individual stocks can come back to hurt you
Depending on how much you're holding of any one stock, the current market rout could serve as a reminder that diversification matters. It also may be...
Fed Chair Powell spoke with Trump as central bank geared up for virus response
Federal Reserve Chair Jerome Powell had two previously undisclosed phone calls with U.S. President Trump in February, calendars released on Friday show, including a brief call...
Bank of America says 58,000 small businesses have asked for $6 billion in loans since 9 a.m.
The U.S. has asked banks to help it dole out at least $350 billion in loans to small businesses, part of the $2 trillion coronavirus stimulus...
OPEC+ debates biggest-ever oil cut as pandemic crushes demand
OPEC and its allies are working on a deal for an unprecedented oil production cut equivalent to around 10% of global supply, an OPEC source said,...
Constellation Brands says Mexico breweries still running amid coronavirus outbreak
Constellation Brands Inc , the U.S. distributor of Corona beer, said on Friday its Mexican breweries were still operational and supply to the United States was...
CCI tells feds emergency wage subsidy must be expanded to support Canadian tech
Betakit Meagan Simpson April 2, 2020 The Council of Canadian Innovators (CCI) and its members are calling on the federal government to make adjustments to the...
Exclusive: Amazon to delay Prime Day sales event due to coronavirus
Amazon.com Inc is postponing its major summer shopping event Prime Day at least until August and expects potentially a $100 million hit from excess devices it...
3M warns against Trump's order to limit face mask exports
3M Co said on Friday it would make more face masks for the United States to fight the coronavirus pandemic, but warned of the "humanitarian implications"...