Fed's 'bazooka' soothes dollar funding squeeze
The U.S. Federal Reserve's efforts to shield the economy from the effects of the coronavirus have -- for now - slowed a scramble for dollars that...
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.
Chevron leads another wave of massive oil-industry spending cuts
Chevron Corp cut its capital spending budget by $4 billion on Tuesday, leading a wave of cost-cutting announcements across the reeling oil-and-gas industry as the coronavirus...
U.S. new home sales fall in February, January revised up sharply
Sales of new U.S. single-family homes fell in February after surging in the prior month, and could decline further because of the coronavirus pandemic which is...
Citigroup makes senior hires in United States, Asia
Citigroup Inc on Tuesday appointed Pam Habner as head of its branded cards division in the United States, as part of hires for many senior roles,...
USDA, USTR cite progress on farm provisions of U.S.-China trade deal
The United States and China have made progress in implementing the agriculture-related provisions of a Phase 1 trade deal that took effect on Feb. 14, the...
U.S. lawmakers nearing deal for $32 billion aviation sector bailout
U.S. lawmakers are nearing agreement on a package of grants for passenger and cargo airlines and contractors worth $32 billion as part of a massive U.S....
As Europe fights coronavirus and climate, is 'green stimulus' the way?
For European governments battling to brace economies pummeled by the coronavirus, there might be no better time to go green.
Phillips 66 delays scheduled refinery shutdowns on coronavirus concerns
Phillips 66 is delaying three sizeable scheduled shutdowns at its refineries this year, the company said on Tuesday, because of concerns that coronavirus could spread among...
Trump, Pence held call on economy with investors including Paul Tudor Jones, Stephen Schwarzman
Investors on the call included Dan Loeb, Stephen Schwarzman, Intercontinental Exchange's Jeffrey Sprecher and Paul Tudor Jones.
U.S. lawmakers nearing deal for massive aviation sector bailout - sources
U.S. lawmakers are nearing agreement on a $61 billion rescue package for the aviation sector that would include $25 billion in payroll grants for passenger airlines...
Oil pares gains as falling demand worries offset hopes of U.S. aid package
Oil prices were little changed on Tuesday, giving up an earlier rally, as ongoing worries about the heavy toll the coronavirus pandemic will take on demand...
You now have until July 15 to save in your IRA and health savings accounts
Savers, rejoice! The IRS will give you until July 15 to fund your IRA and health savings accounts, and have the contributions count for 2019. Here's...
U.S. locks in tariffs on wooden cabinets from China
The U.S. International Trade Commission said on Tuesday it made a final determination that dumped and subsidized imports of wood cabinets and vanities from China were...
Banks, regulators move to protect customers from wave of coronavirus scams in UK, U.S.
UK banks are stepping up fraud prevention measures to protect customers from scammers eager to exploit the coronavirus pandemic with a whole range of new tricks,...
Olympic hopefuls lose more than medals in Summer Games delay
With the postponement of the 2020 Summer Games in Tokyo, Olympic hopefuls lose out on more than just the chance to compete. At stake is thousands...