United Airlines borrows $2 billion as coronavirus slams industry
United Airlines said on Thursday it had borrowed $2 billion to cope with an unprecedented disruption to the travel industry as the coronavirus pandemic leads to...
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.
Airline crisis deepens as U.S. puts Europeans in coronavirus quarantine
European airlines bore the brunt of a dramatic expansion of the coronavirus crisis on Thursday, as U.S. travel curbs on much of the continent deepened the...
Oil falls more than 5% after Trump surprises with travel ban
Oil prices fell more than 5% on Thursday after U.S. President Donald Trump unexpectedly announced restrictions on travel from Europe, in an attempt to halt the...
Stocks plunge into bear market as Trump's Europe travel ban adds to economic headwinds
Global stocks plunged into a bear market and oil slumped on Thursday after U.S. President Donald Trump banned travel from Europe to stem the spread of...
Here's how retirees can deal with market volatility when they don't have time to 'stay the course'
In times of extreme market volatility, I would invite retirees to view the meaningful portion of conservative fixed income in their portfolio as their income engine...
Why your tax return may spark interest from the IRS
Even though the IRS is auditing fewer tax returns than it once did, the risk of hearing from the taxman still remains.
Italian businesses count heavy cost of coronavirus lockdown
Even if Italy's draconian measures to stop the spread of coronavirus prove successful, they will leave an economy in tatters, with small and medium-sized businesses the...
Blackstone says no blanket policy to tap credit lines
Private equity firm Blackstone Group Inc does not have a sweeping directive in place to encourage companies in its portfolio to draw down credit lines in...
Cramer slams government on coronavirus: 'They know nothing,' evoking his epic 2007 Fed rant
"They know nothing. We know more than they do, and that's not acceptable either," CNBC's Jim Cramer said.
Boeing shares plummet after new U.S. travel restrictions
Shares in Boeing Co dropped more than 16% on Thursday on increased concerns over a fallout from news of sweeping U.S. travel restrictions on Europe meant...
LATAM Airlines, Azul to cut international flights up to 30% due to coronavirus
LATAM Airlines Group and Brazil carrier Azul SA said on Thursday they will cut capacity on international flights by up to 30% as demand collapses due...
'Widespread panic is setting in among small business owners nationwide,' banking expert cautions
President Trump has boosted the SBA's lending authority by $50 billion to boost credit lines to America's small business community, as panic sets in over credit...
U.S. airlines capping fares from Europe to U.S. amid coronavirus restrictions
American Airlines Inc and Delta Air Lines Inc both said Thursday they will cap air fares on flights from Europe to the United States that are...
Wall Street enters bear market as Europe travel ban stuns investors
The S&P 500 and the Nasdaq cratered into a bear market on Thursday as a shock move by President Donald Trump to suspend travel from Europe...
JPMorgan Chase orders up to half NY metro employees to work from home
The move is likely to be followed widely be other large New York-area employers. JPMorgan said it was following the request of Gov. Andrew Cuomo.