BlackRock will not layoff employees due to COVID-19 pandemic: CEO
BlackRock Inc , the world's largest asset manager, will not layoff any employees during the year due to the coronavirus outbreak, Chief Executive Officer Larry Fink...
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.
U.S. approves Google request to use segment of U.S.-Asia undersea cable
The Federal Communications Commission (FCC) on Wednesday approved Alphabet Inc unit Google's request to use part of an U.S.-Asia undersea telecommunications cable after the company warned...
Automakers push to reopen plants with testing and lots of masks
Global automakers reeling from the COVID-19 pandemic are accelerating efforts to restart factories from Wuhan to Maranello to Michigan, using safety protocols developed for China and...
Streaming service Disney+ crosses 50 million paid subscribers globally
Walt Disney Co said on Wednesday that Disney+ has attracted more than 50 million paid users, with 8 million of them coming from India where the...
U.S. crude futures up 5% ahead of OPEC+ meeting
U.S. crude futures rose as much as 6% in early trade on Thursday on expectations the world's largest oil producers would agree to cut production at...
U.S. senator to liquidate individual stock shares after coronavirus flap
U.S. Senator Kelly Loeffler said on Wednesday she would liquidate her individual stock share positions after the wealthy Republican and her husband were criticized over sales...
Equities climb on hopes coronavirus pandemic is peaking
World equity markets surged and oil prices jumped on Wednesday on hopes the coronavirus pandemic is getting close to peaking and that more government stimulus measures...
GM, Philips to supply 73,000 U.S. ventilators in $1.1 billion effort
The U.S. Health and Human Services Department (HHS) on Wednesday awarded two contracts worth more than $1 billion to make ventilators needed to treat severely sick...
Zoom hires former Facebook security chief as Google bans desktop app
Zoom Video Communications Inc has tapped former Facebook security chief Alex Stamos as an adviser to improve the privacy and security of its rapidly growing video-conferencing...
Ferrari to pilot 'Back on Track' employee screening for coronavirus
Ferrari said on Wednesday it was piloting a project to conduct voluntary screening of employees and their families for coronavirus once the supercarmaker's factories in Italy...
McDonald's pulls forecast as coronavirus outbreak hits sales
McDonald's Corp global comparable sales tumbled 22.2% in March and the burger chain pulled its full-year forecast as coronavirus-related lockdowns forced it to shutter stores and...
Asian stocks gain on hopes pandemic is approaching peak
Asian shares rose on Thursday on hopes the COVID-19 pandemic is nearing a peak and that governments would roll out more stimulus measures, while expectations of...
Exxon used economic uncertainty to push for Paulsboro, N.J., contract: sources
Exxon Mobil Corp used economic uncertainty tied to the coronavirus pandemic to urge workers at its lubricants and packaging plant in Paulsboro, New Jersey, to vote...
Risk currencies buoyed by cautious hopes pandemic is peaking
Risk-sensitive currencies climbed on Thursday on budding optimism the coronavirus pandemic may be peaking although the euro was dented by the European Union's failure to agree...
Asian shares cautiously gain on hopes virus is slowing, dollar slips
Asian stock markets rallied for a second day on Tuesday and riskier currencies rose, on tentative signs the coronavirus crisis may be levelling off in New...