Cineworld suspends dividend, defers pay to cushion virus hit; shares soar
Cineworld's shares soared 36% on Tuesday after it suspended its dividend and said it was in talks with landlords, film studios and major suppliers to offset...
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. SEC's Clayton says companies seeking bailouts must disclose plans, communicate with investors
Top U.S. Securities and Exchange Commission (SEC) official said on Tuesday said that companies in discussions about bailouts stemming from the fallout of the coronavirus should...
Airlines cannot afford to refund cancelled tickets: IATA
Global airlines cannot afford to refund cancelled flights because of the coronavirus crisis, said the head of the industry's representative body IATA, and carriers are issuing...
U.S. finalizes minimum service rules for airlines receiving assistance
The U.S. Transportation Department on Tuesday issued final rules setting minimum service requirements for passenger airlines receiving government financial assistance.
Big OPEC+ oil output cuts depend on U.S., others joining: sources
Saudi Arabia, Russia and allied oil producers will only agree to deep cuts to their crude output at talks this week if the United States and...
Wall Street jumps at open on coronavirus slowdown hopes
U.S. stocks jumped at the opening bell on Tuesday, as early signs of a slowdown in coronavirus cases in U.S. hot spots raised hopes that sweeping...
Exclusive: U.S. grants GE license to sell engines for China's new airplane
The Trump administration on Tuesday granted a license to General Electric Co to supply LEAP-1C engines for China's C919 passenger jet, a spokeswoman for the company...
Honda furloughs U.S. workers until May 1 as coronavirus suspends operations
Honda Motor Co on Tuesday said that it had furloughed workers at its U.S. plants which will be closed until May 1 as demand for cars...
In a first, China knocks U.S. from top spot in global patent race
China was the biggest source of applications for international patents in the world last year, pushing the United States out of the top spot it has...
Thousands of weddings are put on hold amid coronavirus pandemic
Amid the COVID-19 pandemic, tens of thousands of couples have postponed their weddings this spring and left many vendors scrambling without income.
WeWork special committee files lawsuit against SoftBank after tender offer falls through
The special committee on the board of The We Company, which operates office-sharing startup WeWork, has filed a lawsuit against its largest shareholder SoftBank Group Corp...
Facebook launches new chat app for couples
Facebook Inc on Tuesday launched a new social app for couples called "Tuned" that allows partners to chat, share photos, music and have a timeline of...
Here's exactly what you need to do if you lose your job
In the wake of losing your job, it can be hard to figure out your most important moves. These three items should go straight to the...
Millions of aviation jobs at risk, airlines beg for govt support: IATA
Global airlines said 25 million jobs across the world could be at risk from the coronavirus travel downturn, as the industry's representative body launched a plea...
Japan's Softbank to invest $48 million in Brazil pet products site Petlove
Japan's Softbank Group Corp reached an agreement to invest 250 million reais ($48 million) in pet products online retailer Petlove, the companies said in a statement...