Soaring unemployment increases odds U.S. banks will cut dividends
Questions are building about whether big U.S. banks will have to cut dividends later this year as the coronavirus crisis puts a record portion of Americans...
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.
Kraft Heinz cuts output at three plants, adds shifts for mac & cheese
Kraft Heinz Co said on Friday it has moved to significantly reduce production at three plants providing restaurant supplies amid the new coronavirus outbreak, but its...
Southwest expects talks on U.S. payroll grant terms over next several days
Southwest Airlines Co said on Friday it has applied for U.S. payroll grants but cannot disclose details as the next several days could involve conversations on...
U.S. SEC official urges delay in public comment on agency rule changes
The U.S. Securities and Exchange Commission's lone Democratic commissioner on Friday called for a delay in pending rule changes due to the coronavirus outbreak, while cautioning...
Oil surges more than 13% on hopes of output deal
Crude futures surged for a second day on Friday, with both U.S. and Brent contracts posting their largest weekly percentage gains on record due to hopes...
Kraft Heinz says has halted three plants due to coronavirus outbreak
Kraft Heinz Co has moved to halt production at three different plants because of a decline in demand stemming from the new coronavirus outbreak, its Chief...
Trump aims to ease U.S. oil industry's cash crunch, no plan to trim output: sources
U.S. President Donald Trump has directed his cabinet to find ways to ease a cash crunch in the drilling industry after oil company executives told him...
Mexico without Corona: Brewers suspend production during pandemic
Mexicans fretted about beer supplies on Friday after Dutch brewer Heineken said it will suspend production at its seven plants in Mexico to comply with coronavirus...
U.S. businesses swarm coronavirus bailout fund after days of confusion
Like many small business owners, New York City restaurateur Dan Kluger spent his Friday scrambling to apply for a loan under the U.S. government's $349 billion...
GM reduces loan refinancing target, may pay up for new debt
NEW YORK (LPC) - General Motors Co (GM) will seek to extend maturities on US$6bn in revolving loans rather than refinance a US$16.5bn credit facility following...
Berkshire Hathaway sells part of Delta, Southwest airline stakes
Warren Buffett's Berkshire Hathaway Inc said on Friday it sold about 18% of its stake in Delta Air Lines Inc and 4% of its holdings in...
Treasury makes coronavirus loan terms less favorable for small businesses
The Treasury Department raised interest rates on its Paycheck Protection Program loans for small businesses and reduced their payback period.
U.S. airlines apply for U.S. payroll grants for crisis help
Major U.S. airlines applied on Friday for payroll grants from the U.S. Treasury meant to keep workers employed while airlines ride out their toughest crisis in...
Trump invokes Defense Production Act to stop export of masks
U.S. President Donald Trump on Friday signed an order directing his administration to stop N-95 face masks and other personal protective equipment needed in the fight...
U.S. airlines apply for U.S. payroll help but terms still unclear
Major U.S. airlines applied on Friday for payroll grants from the U.S. Treasury meant to keep workers employed during a sharp downturn from the coronavirus, though...