Former UAW President Gary Jones charged in U.S. corruption probe
Former United Auto Workers (UAW) President Gary Jones was charged on Thursday with embezzling more than $1 million of union funds amid a U.S. corruption probe...
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.
Airlines face $100 billion-plus virus hit, discounts 'wouldn't do any good'
The coronavirus epidemic could rob passenger airlines of up to $113 billion in revenue this year, an industry body warned on Thursday, while the head of...
OPEC to recommend to OPEC+ extending new cuts to end of 2020: statement
OPEC ministers said on Thursday they would recommend to OPEC+, a group that includes Russia, that additional oil production cuts of 1.5 million barrels per day...
Southwest Airlines sees first-quarter revenue hurt coronavirus fears
Southwest Airlines Co said on Thursday it expected a hit of up to $300 million to its first-quarter operating revenue from the new coronavirus outbreak, prompting...
Oil slides as demand worries overshadow OPEC deal to deepen supply cuts
Oil prices fell on Thursday as the coronavirus epidemic showed no signs of slowing, feeding worries about the global economy and prompting investors to sell more...
'9/11-type feel' to airline demand drop over coronavirus: Southwest CEO to CNBC
The drop-off in air travel demand following the spread of coronavirus cases feels more driven by fear than economics, similar to 9/11, Southwest Airlines Co Chief...
Coronavirus boosts Wall Street trading, easing pain from lower rates
Market volatility related to the coronavirus has provided a welcome boost for Wall Street banks' trading businesses, helping to offset the much-bigger drag of lower interest...
Global stocks tumble as coronavirus cases rise outside China
Global equity markets tumbled and the dollar slid on Thursday as the coronavirus spread quickly outside China, leading Britain to prepare for a significant increase in...
Wall Street tumbles over 3% on virus fears, travel shares tank
U.S. stocks sold off sharply on Thursday, with shares of travel companies pummeled, as large swings in the market continued amid uncertainty over the spread of...
Gap names Sonia Syngal as new CEO
Apparel retailer Gap Inc on Thursday named long-time executive Sonia Syngal as its new chief executive officer, nearly four months after the surprise exit of its...
Wall Street plunges as coronavirus slams bank, travel stocks
U.S. stocks sold off sharply on Thursday, with shares of banks and travel companies pummeled, as large swings in the market continued due to uncertainty over...
Social Security scams are on the rise. Here's what you need to know to stop them
You may have received a pesky call from someone claiming to be from the Social Security Administration. And while many people hang up, others do get...
Airlines suspend flights due to coronavirus outbreak
Airlines have been suspending flights or modifying services in response to the coronavirus outbreak.
Greycroft's Patricof calls market pullback a 'blip' and says he hasn't sold any of his stocks
Greycroft chairman Alan Patricof said he hasn't been actively trimming his personal stock positions during the market sell-off.
Tory Burch: 'I got my fair share of patronizing pats on the back when starting out'
Tory Burch, the fashion icon who launched a preppy-chic lifestyle brand in 2004 and turned it into a $1.5 billion empire, is on a mission: to...