Coronavirus exposes U.S. Uber, Lyft drivers' lack of safety net
As independent contractors, U.S. ride-hail drivers for Uber and Lyft benefited from soaring trip demand and flexible work hours.
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.
Airbnb holds meeting with bankers to extend $1 billion debt facility: source
Airbnb Inc on Wednesday held a phone meeting with bankers to discuss extending an existing $1 billion debt facility as the home rental start-up grapples with...
S&P 500 rallies for second day as investors await $2 trillion aid package
The S&P 500 rallied for a second straight session on Wednesday as the U.S. Senate appeared near a vote on a $2 trillion package to support...
U.S. Senate votes to grants struggling aviation sector big bailout
The U.S. Senate voted late Wednesday 96-0 to give the U.S. aviation industry $58 billion in aid, half in the form of grants earmarked to cover...
U.S. coronavirus stimulus bill adds billions in support for farmers
The U.S. coronavirus stimulus bill that U.S. senators will vote on would add $14 billion to the Agriculture Department's Commodity Credit Corp spending authority, and authorize...
Wall Street gains ahead of Senate vote on $2 trillion aid package
Wall Street rose in choppy trading on Wednesday, building on the previous session's gains, as the U.S. Senate neared a vote to clear a $2 trillion...
Stimulus package grants student loan borrowers a six-month break
The historic stimulus package Congress is expected to pass will grant the millions of Americans with student debt a break from their payments for at least...
What the coronavirus aid bill means for your retirement savings
Congress is busy finalizing a coronavirus relief package. Three provisions relate to your retirement nest egg. Here's what you should know.
Softbank-backed Ola seeks relief for drivers and taxi firms in India
Indian ride-hailing company Ola, backed by Softbank Group , wants loan waivers for drivers and a delay in tax payments to make up for coronavirus-related lost...
Coronavirus bill will create 'devastating' incentive to lay off employees, critics say
New coronavirus relief legislation would greatly expand benefits for unemployed workers, and extend payments to previously ineligible groups like gig workers.
Private equity eyes industries crippled by coronavirus: 'They have been waiting for this'
Private equity firms have been stockpiling cash in recent years as rising markets made it harder for them to invest.
Walmart to offer rent relief to shops within its stores and ease financing for suppliers
Walmart is offering some help to its small business partners as the coronavirus forces consumers to self-isolate and companies to shutter their storefronts.
Red tape holding up medical supplies, airlines say
Red tape is holding up medical and other emergency supplies needed to help tackle the coronavirus crisis, airlines warn.
Coronavirus-stricken U.S. companies pop poison pills
More U.S. companies are rushing to adopt so-called poison pills, dusting off a nearly 40-year-old takeover defense tool to ward off hostile bidders and activist shareholders...
U.S. core capital goods orders point to worsening business investment downturn
New orders for key U.S.-made capital goods fell sharply in February as demand for machinery and other products slumped, suggesting a deepening contraction in business investment...