Dire feelings on Main Street on eve of small business lending program launch
While small business advocates are hopeful about the program, questions do remain about the loan volumes expected and the readiness of all parties in getting this...
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.
Oil posts biggest one-day gains after Trump touts Saudi-Russia oil deal
Crude prices posted their biggest-one day gains on record on Thursday after President Donald Trump said he expects Russia and Saudi Arabia to announce a major...
U.S. unemployment to shoot up while GDP declines in second quarter: congressional estimators
The U.S. unemployment rate will shoot past 10% in the second quarter and the growth rate of gross domestic product will decline by more than 7%...
Dollar gains for second day; U.S. non-farm payrolls loom
The dollar rose against a basket of currencies for a second straight day on Thursday as investors, worried about the prospect of a global recession, continued...
Instacart to distribute coronavirus safety kits after workers' strike
U.S. online grocery delivery company Instacart said on Thursday it will distribute free health and safety kits to full-service shoppers, days after its workers went on...
Bed Bath sues 1-800-Flowers for trying to renege on deal over COVID-19
Bed Bath & Beyond Inc has asked a judge to hold 1-800-Flowers.Com Inc to a $252 million deal between the companies in what appears to one...
U.S. SEC delays ruling on controversial NYSE high-speed data plan
The U.S. Securities and Exchange Commission said it needs more time to decide whether to allow a plan by the New York Stock Exchange to offer...
Oil jump lifts Wall Street as jobless claims data surges
U.S. stocks rallied on Thursday as hopes for a truce in the price war between Saudi Arabia and Russia and a cut in oil output drove...
FCC proposes to fine TracFone Wireless $6 million for subsidy violations
The Federal Communications Commission on Thursday proposed to fine TracFone Wireless $6 million for allegedly violating its rules governing the subsidy program for telecommunications services for...
Trump invokes Defense Production Act for ventilator manufacturing
U.S. President Donald Trump on Thursday invoked the Defense Production Act to aid companies building ventilators for coronavirus patients to receive the supply of materials they...
General Motors, Honda to jointly develop two new electric vehicles
General Motors Co and Honda Motor Co Ltd said on Thursday they would jointly develop two new electric vehicles for Honda and are exploring more ways...
U.S. Air Force to release $882 million to Boeing: official
The U.S. Air Force will release $882 million in payments to Boeing that were held back due to flaws in the KC-46 air refueling tanker, a...
Trump touts 'great' Saudi-Russia oil deal to halt price rout, but details unclear
U.S. President Donald Trump said on Thursday he had brokered a deal with top crude producers Russia and Saudi Arabia to cut output and arrest an...
U.S. gig workers seeking coronavirus jobless benefits hit bureaucratic wall
Uber and Lyft drivers are hitting a wall in their efforts to apply for the coronavirus jobless benefits promised by Congress as state agencies say they...
Tesla sees strong Model Y production, deliveries; shares rise
Tesla Inc said on Thursday production and deliveries of its Model Y sport utility vehicle was significantly ahead of schedule, as the company delivered the highest...