El-Erian tells investors to 'be careful out there', warns of market stress
Allianz economist Mohamed El-Erian said he is seeing signs of stress in financial markets and expects stocks to fall further.
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.
Delta Air extends suspension of U.S.-China flights through May 31
Delta Air Lines Inc said on Wednesday it was extending the suspension of all flights between the United States and China from April 30 to May...
Coronavirus leads Warren Buffett to mull changes to Berkshire Hathaway shareholder weekend: Omaha mayor
Warren Buffett plans to wait until around April 1 to decide whether the coronavirus pandemic will require changes to Berkshire Hathaway Inc's annual shareholder weekend a...
Rising food costs lift U.S. consumer prices; coronavirus to weigh on inflation
U.S. consumer prices unexpectedly rose in February but could drop in the months ahead as the coronavirus outbreak depresses demand for some goods and services, outweighing...
U.S. government posts $235 billion budget deficit in February
The U.S. government recorded a $235 billion budget deficit in February, the Treasury Department said on Wednesday.
Citigroup's Corbat says 'this is not a financial crisis' during Trump meeting with Wall Street execs
Leaders of the biggest U.S. banks were summoned to Washington by President Trump to discuss ways to support small businesses and markets.
Coronavirus shifts U.S. recession debate from 'if' to 'what shape'?
Until recently, economists were debating what it would take for the U.S. economy to fall into a recession. But after taking a cue from markets, the...
Saudi, UAE gear up for long-term oil market fight with capacity plans
Top oil exporter Saudi Arabia said on Wednesday it would launch a program to boost production capacity for the first time in more than a decade,...
Boeing to freeze hiring, overtime due to 737 MAX, virus impacts
Boeing Co is freezing new hiring and overtime except in certain critical areas in efforts to preserve cash due to the coronavirus outbreaks and the 737...
Oil slumps as stock markets sink, while Saudi, UAE plan to boost capacity
Oil prices fell 4% on Wednesday, sinking into the close of trading with renewed weakness in the stock market after the World Health Organization said the...
S&P 500 falls 20% from record high, crossing bear market threshold
The S&P 500 on Wednesday fell 20% below its Feb. 19 intraday record high, crossing the threshold into a bear market after the World Health Organization...
What a payroll tax cut could mean for Social Security, Medicare and consumer spending
While President Donald Trump has proposed a 0% payroll tax rate for the rest of 2020, such a move could have big consequences for programs like...
California, other states end opposition to T-Mobile, Sprint merger
California and other states which had fought a merger of Sprint Corp and T-Mobile US Inc over concerns about higher prices for consumers and less innovation...
Amtrak says bookings plunge, is set to lose several hundred million dollars on coronavirus fears
U.S. passenger railroad Amtrak said on Wednesday that bookings had plunged 50% since the coronavirus outbreak and that it now expected significant service reductions and losses...
Blackstone asks its companies hurt by virus to tap credit lines: BBG
Private equity firm Blackstone Group Inc is asking companies it controls to draw down their credit lines to avoid liquidity crunch, a Bloomberg reporter tweeted on...