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...
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.
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...
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...
UPS employee dies of COVID-19 infection in Kentucky
A United Parcel Service Inc worker employed in Kentucky died over the weekend from a COVID-19 infection, Gov. Andy Beshear said at a public health briefing...
El-Erian foresees more volatility but finds Monday's rally on medical news encouraging
"I've always said it's a medical solution that forms a bottom for this market," economist Mohamed El-Erian told CNBC.
Bank of America sees booming rescue loan demand, with applications for nearly 10% of program
Bank of America said it's seen fierce demand for rescue loans with applications accounting for about 10% of the amount provided by Congress.
Zoom shares slip over security concerns, rising competition
Shares of Zoom fell 9% on Monday, adding to their sharp declines in the past few days, as the video conferencing app battles privacy concerns and...
EasyJet founder steps up battle with management over Airbus order
Stelios Haji-Ioannou, easyJet's founder and biggest shareholder, on Monday intensified his battle with the airline's management over a huge aircraft order with Airbus which he says...
GSK to partner with Vir for potential COVID-19 treatments, invest $250 million
British drugmaker GlaxoSmithKline will invest $250 million in Vir Biotechnology Inc and collaborate to develop potential treatments for COVID-19, the disease caused by the new coronavirus,...
Wall Street opens higher on coronavirus slowdown hopes
U.S. stocks opened higher on Monday, after President Donald Trump expressed hope that the coronavirus health crisis was "leveling-off" in some of the hardest-hit U.S. states.
JAMIE DIMON WARNS: We're getting a 'bad recession' plus 'financial stress' like the 2008 crisis
In his annual shareholders letter, Dimon also warned that the bank may have to consider suspending its dividend if the economy reaches "extremely adverse" conditions.
Bank of America sees booming rescue loan demand, with applications for nearly 10% of allotment
Bank of America said it's seen fierce demand for rescue loans with applications accounting for about 10% of the amount provided by Congress.
In an unusual moment, the stock market's ability to sniff out the future is severely impaired
Investors are desperate for more data to quantify the coronavirus impact on the economy and earnings, and then map the duration of a possible recovery ahead.
Oil falls after Saudi Arabia, Russia delay meeting
Oil prices fell on Monday, after Saudi Arabia and Russia delayed a meeting to discuss output cuts that could help reduce global oversupply as the coronavirus...