IATA urges governments to support airlines in wake of U.S. travel ban
The airlines industry body called on governments on Thursday to support transatlantic carriers hit by cash-flow problems due to the coronavirus crisis by offering measures such...
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.
Markets in virus panic: day's plunge in charts
A coronavirus-induced meltdown on Wall Street and other financial markets saw prices plunge on Thursday for everything from stocks and corporate bonds to bitcoin, oil and...
Wharton business school is using the coronavirus pandemic as a learning opportunity
The Wharton School is offering a new course inspired by the coronavirus to teach about economic and business disruption caused by major black-swan events.
Activist investor Icahn raises stake in Occidental to nearly 10%
Billionaire investor Carl Icahn has raised his stake in Occidental Corp to nearly 10%, or about 88.6 million shares, saying the shares were undervalued, an SEC...
JPMorgan asks New York staff to work from home to stem virus spread - memo
JPMorgan Chase & Co has asked New York-area employees to work from home to stem the spread of the coronavirus, according to an internal memo seen...
Chamath Palihapitiya: Coronavirus fallout like financial crisis and dot-com bubble bust combined
"In the absence of massive and decisive federal intervention that creates confidence in the market, it has the potential to be a multiyear" downturn, the Social...
Dow heads for worst day since 1987 as record bull run ends
The Dow Jones index was on course on Thursday for its worst performance since Wall Street's "Black Monday" crash of 1987, as President Donald Trump's move...
French watchdog set to fine Apple over anti-competitive behavior: sources
France's competition watchdog is set to fine iPhone maker Apple next Monday over anti-competitive behavior in its distribution and sales network, two sources close to the...
Deutsche Bank seeks to reassure employees, investors as stock slides
Deutsche Bank's top executives sought to assure employees and investors over its ability to weather the coronavirus as shares in the German lender hit a new...
No more nut rage: activist fund takes on family-controlled Korean Air
Days after photos of broken windows and smashed china hit the newsstands revealing a Christmas Day family squabble in the home of Korean Air's late patriarch,...
OAG says United, Delta, Lufthansa to bear brunt of U.S. travel curbs
U.S. travel restrictions on passengers arriving from Europe's border-free Schengen area will affect passengers arriving on 6,747 flights over the next four weeks or 11% of...
U.S. weekly jobless claims fall, but coronavirus layoffs loom
The number of Americans filing for unemployment benefits unexpectedly fell last week as employers continued to hold on to their workers, but the coronavirus pandemic is...
Coronavirus halts Lufthansa's sale of international catering ops
German carrier Lufthansa has been forced by the coronavirus epidemic to halt the sale of the international operations of its airline caterer LSG, the company said...
3 ways the downturn could help you build tax-free retirement savings
Got time and an iron stomach? Use this market decline to start plugging money into your Roth IRA accounts. Here are three ways to save.
Oil falls, Brent crude drops 8% after Trump surprises with travel curbs
Oil prices fell, with Brent crude sliding 8% on Thursday after U.S. President Donald Trump unexpectedly announced restrictions on travel from Europe in an attempt to...