SoftBank-backed DoorDash confidentially files for IPO
SoftBank-backed food delivery startup DoorDash said on Thursday it had confidentially filed for an initial public offering with the U.S. Securities and Exchange Commission.
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.
Microsoft shares fall 4% after warning of coronavirus hit to supply chain
Shares of Microsoft Corp fell more than 4% on Thursday after the company warned of weakness in PC business due to a hit to its supply...
South African unit of Philip Morris welcomes tax stance on cigarette alternatives
The South African unit of cigarette maker Philip Morris International Inc welcomed the government's decision to introduce a lower excise tax on heated tobacco products than...
Wall Street slips into correction territory on alarm over coronavirus
Wall Street's main indexes fell for the sixth straight session and slipped into correction territory on Thursday, as the rapid spread of the coronavirus outside China...
Oil drops more than 5%, breaking below $46 as collapse continues
Oil prices are getting whacked as investors fear that the coronavirus outbreak will lead to steep demand reductions for crude.
Traders betting Fed will slash rates amid coronavirus threat
The U.S. central bank will move aggressively to cut borrowing costs as soon as next month, trimming an extraordinary three-fourths of a percentage point by mid-year...
French carmaker PSA unveils mini electric Citroen car
Citroen, one of French carmaker PSA's brands, unveiled a mini electric car on Thursday aimed at young city dwellers.
Oil prices slide for fifth day to lowest in a year as virus fears grow
Oil prices plunged more than 4% on Thursday, down for a fifth day to their lowest since January 2019 as more new coronavirus cases outside China...
Wall Street set for steep fall on alarm over fast-spreading virus
Futures indicated that the Dow Jones Industrials index would shed more than 300 points at the open on Thursday after the rapid spread of the coronavirus...
U.S. fourth-quarter GDP unrevised; weakness in business spending persists
The U.S. economy grew moderately in the fourth quarter, the government confirmed on Thursday, and is facing a bumpy road in early 2020 amid the fast-spreading...
Travel insurance policies spike amid coronavirus outbreak
Researchers at a travel insurance comparison site report a 60% jump in policies sold since the coronavirus outbreak. But before buying trip insurance, read the fine...
Fed rate cut next month? Traders are betting on it
The U.S. central bank will move to reduce borrowing costs as soon as next month to cushion the world's biggest economy from the impact of the...
Wall Street in correction territory on alarm over fast-spreading virus
Wall Street's main indexes slipped into correction territory minutes after the open on Thursday as the rapid spread of the coronavirus outside China deepened worries about...
As coronavirus spreads, here's what to watch out for when it comes to your money
From retirement savings to mortgages to credit card interest rates, there are many areas of the economy that the coronavirus could touch. Here's what we know...
Huawei plans first European 5G factory in France in bid to ease Western worries
Huawei will build its first European manufacturing plant in France, the chairman said on Thursday, as the Chinese telecom giant seeks to ease worldwide concerns based...