U.S. markets watchdog Clayton says SEC should not ban short-selling of shares
The head of the U.S. Securities and Exchange Commission said on Monday that it should not ban short-selling of shares, amid speculation on further measures the...
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.
BP will not cut jobs over next three months: CEO Looney
Oil major BP PLC will not cut jobs over the next three months, Chief Executive Officer Bernard Looney said, even as the company seeks to reduce...
J&J, Moderna sign deals with U.S. to produce possible coronavirus vaccines
The U.S. government has cut deals with Johnson & Johnson and Moderna Inc and said it is in talks with at least two other companies to...
Kohl's extends store closure, draws down $1 billion credit facility amid coronavirus outbreak
Kohl's Corp said on Monday it would extend the duration of store closure, and fully draw down on its $1 billion revolving credit facility to control...
Bostic: Fed programs could be broadened if they have missed important parts of economy
As U.S. officials role out trillions of dollars in new economic support, a Federal Reserve policymaker on Monday said focus will now shift to whether those...
Coronavirus drives U.S. March auto sales off a cliff
U.S. new vehicle sales likely drove off a cliff in March as the coronavirus pandemic pounded consumer confidence and shuttered dealerships across much of the country,...
Aston Martin furloughing some staff after coronavirus plant closures
Britain's Aston Martin said on Monday it is furloughing some employees as it handles the fallout from the coronavirus outbreak which has closed its car factories.
Wall Street gains as U.S. extends shutdown to limit virus spread
U.S. stocks rose on Monday as President Donald Trump followed last week's massive fiscal stimulus package by extending his stay-at-home guidelines, leaving investors to await more...
Visa transaction volumes hurt as coronavirus crisis deepens
Visa Inc said on Monday its transaction volumes had been hit as the coronavirus pandemic wreaks havoc on consumer spending, leading it to forecast mid-single-digit percentage...
Macy's, Kohl's, Gap turn to mass furloughs as virus crisis deepens
Major U.S. retailers Macy's Inc , Kohl's Corp and Gap Inc said on Monday they would furlough tens of thousands of employees, as they prepare to...
Coronavirus could force GM to delay its redesigned 2021 SUVs
General Motors Co told suppliers on Monday that it is postponing work on at least half a dozen future models to conserve cash during the coronavirus...
Fiat Chrysler executives, salaried employees to take pay cuts during coronavirus pandemic
Fiat Chrysler Automobiles NV's top executives and salaried workers around the globe will take pay cuts in an act of "shared sacrifice" brought on by the...
Air New Zealand to lay off 3,500 employees as virus halts travel
Air New Zealand said on Tuesday nearly a third of its employees, about 3,500, will be laid off in the coming months, as it grapples with...
Workers go on strike at Amazon delivery site in Italy amid coronavirus
Around one-third of those working at an Amazon delivery station in central Italy went on strike on Monday, a union representative said, citing a request for...
Dollar gains on Japanese demand before fiscal year end, pandemic weighs on mood
The dollar rose against the yen on Tuesday as Japanese investors and companies rushed to cover a shortage of the U.S. currency before their fiscal year...