Next Bank of England governor Bailey tells UK firms to expect coronavirus help
Andrew Bailey, who is due to become Bank of England governor this month with Britain facing an economic hit from coronavirus, said financial support would probably...
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.
Mild weather bolsters U.S. private payrolls in February
U.S. private payrolls increased more than expected in February, pointing to labor market strength before a recent escalation of recession fears ignited by the coronavirus epidemic...
U.S. service sector races to one-year high in February
U.S. services sector activity accelerated to a one-year high in February, suggesting underlying strength in the economy despite the coronavirus outbreak, which has triggered financial market...
Campbell Soup boosts guidance as profit beats forecasts; shares jump
Campbell Soup Co on Wednesday raised its fiscal full-year earnings forecast and posted better-than-expected quarterly profit and sales due to strong demand for soups and snacks,...
How you can profit from the record low 10-year Treasury yield
A recent surge in demand for safe-haven investments sent the yield on the benchmark 10-year Treasury note below 1% the first time ever. Home buyers and...
Fragile safety net leaves U.S. economy vulnerable to coronavirus hit
The spreading coronavirus outbreak poses a double-barreled threat to U.S. workers who face not only the prospect of lost wages if they are forced to stay...
GE says coronavirus will hit first-quarter cash flow, sticks to full-year forecast
General Electric Co predicted on Wednesday that the coronavirus would wipe out a substantial chunk of industrial free cash flow in the first quarter, but stuck...
Fiat Chrysler's U.S. sales chief Reid Bigland who sued company steps down
Fiat Chrysler Automobiles said on Wednesday its U.S. sales chief, Reid Bigland, is leaving the company to pursue other interests.
IMF chief says coronavirus wipes out hopes for faster growth in 2020
The faster spread of the coronavirus will wipe out any hope of stronger growth in 2020, International Monetary Fund Managing Director Kristalina Georgieva said on Wednesday,...
GM challenges Tesla with 'Ultium' batteries and fleet of EVs
General Motors Co Chief Executive Mary Barra said Wednesday the Detroit automaker will invest $20 billion by 2025 in electric and automated vehicles as it races...
Keep calm and work from home during coronavirus, European banks tell workers
Global banks and small investment firms in Europe are urging staff to work from home and curb travel as the financial industry braces for disruption from...
GM CEO: North American plants secure 'quite far into this month'
General Motors Co Chief Executive Mary Barra said on Wednesday the automaker's North American vehicle production should be secure from parts shortages caused by the coronavirus...
GM launches advanced electric batteries to power its EVs
U.S. automaker General Motors Co on Wednesday launched Ultium, a battery with higher capacity and fast charging capabilities, to power its upcoming line of electric vehicles.
Next BoE governor Bailey sees coronavirus help for UK firms
Andrew Bailey, set to become Bank of England governor just as Britain is facing an economic hit from coronavirus, said financial support would probably have to...
Wall Street surges after Biden's surprise Super Tuesday lead
Wall Street surged on Wednesday, with healthcare stocks providing the biggest boost after Joe Biden overtook Bernie Sanders to become the new front-runner in the race...