Toshiba should sell stake in ex-chip unit at IPO, says HK activist fund in letter
A Hong Kong-based activist investor in Toshiba Corp has asked the Japanese conglomerate to sell its entire stake in Kioxia Holdings when the flash memory chip...
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.
China's Ucar, in which Luckin chairman is top shareholder, halts shares
China's Ucar Inc, in which Luckin Coffee Chairman Charles Zhengyao Lu is the biggest shareholder, suspended trading of its shares on Tuesday after regulators questioned the...
Trying to get hired amid the pandemic? Here are some tips
The coronavirus outbreak has left millions of Americans without a job. Here's how to get a new one.
More than half of Americans can't pass a basic quiz on Social Security
Deciding when to claim Social Security is one of the biggest decisions a retiree can make. Yet many Americans who are near retirement can't pass a...
Exxon cuts capital spending by 30%, but CEO says it's 'committed to maintaining' dividend
Exxon is cutting its capital spending by 30% as the coronavirus pandemic continues to hammer oil prices.
Airbnb's new $1 billion investment comes at lower valuation: sources
Airbnb Inc's new $1 billion investment from private equity firms Silver Lake and Sixth Street Partners has terms that imply a reduced valuation of the home...
U.S. oil state senators to talk crude markets with Saudi officials Saturday: source
Republican U.S. senators who have introduced a bill that would remove U.S. defense systems and troops in Saudi Arabia unless it cuts oil output will hold...
Oil prices jump as focus swivels to OPEC, Russia meeting on output cuts
Oil climbed on Wednesday, reversing most of the prior session's losses, as investors pinned hopes on a Thursday meeting where OPEC members and allied producers will...
Dollar creeps higher as virus worries return
The dollar found a footing on Wednesday as investors returned to safe-havens, unwinding some risk currency gains made on hopes the coronavirus crisis in Europe and...
Asian shares step back, oil rebounds in volatile trade
Asian stocks stepped back on Wednesday after two sessions of sharp gains as investors turned wary on getting too optimistic about the coronavirus while death tolls...
Volkswagen Mexico says employee died in potential case of COVID-19
Volkswagen Mexico issued a statement saying one of its employees in the country had died in a potential case of coronavirus.
Wall Street volatility raises fears of another selloff
The evaporation of a rally on Wall Street in the closing minutes of Tuesday's session shows that many investors fear the U.S. stock market is in...
Amazon to suspend delivery service competing with UPS, FedEx: WSJ
Amazon.com Inc has put on hold a new delivery service that competes with UPS and FedEx, the Wall Street Journal reported on Tuesday, citing people familiar...
Amazon testing disinfectant fog at New York warehouse after coronavirus protests
Amazon.com Inc is testing the use of disinfectant fog at a warehouse in Staten Island, New York starting on Tuesday, the company told Reuters, following worker...
Trump says $70 billion in coronavirus rescue loans authorized. But where's the cash?
Roughly $70 billion of a $350 billion pot of loans to cover the payrolls of ailing small businesses have been originated by U.S. lenders in recent...