Virgin Money plans to cut 500 jobs and close 52 branches
British challenger bank Virgin Money is planning to cut 500 jobs as it presses ahead with cost-cutting after bulking up through the merger of Virgin Money...
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.
Wall Street gains ground after virus-driven selloff
Wall Street's main indexes rose about 1% on Wednesday after suffering their worst four-day percentage fall in more than a year on fears of the economic...
Warren Buffett is 'completely wrong and outdated' on bitcoin, Chamath Palihapitiya says
Billionaire investor Chamath Palihapitiya disagrees with Berkshire Hathaway chairman Warren Buffett on the value of bitcoin.
ESG investing is a 'complete fraud,' Chamath Palihapitiya says
Social Capital founder Chamath Palihapitiya said ESG investing is 'a lot of sizzle, no steak.'
Debt among oldest Americans skyrockets 543% in two decades
Debt among older Americans has increased dramatically since 1999, due partly to the erosion of the country's social safety net.
U.S. Supreme Court allows retirement plan lawsuit against Intel
The U.S. Supreme Court on Wednesday refused to back stricter deadlines for workers to sue retirement plans over alleged mismanagement, ruling Intel Corp cannot avoid a...
Wall Street on firm footing after virus-driven selloff
U.S. stocks rose on Wednesday after a rocky start to the week that shaved off more than 6% from each of the main indexes on growth...
Delta Air waives travel change fees for South Korea as coronavirus spreads
Delta Air Lines Inc said on Wednesday it has expanded its travel change fee waiver to include Seoul, South Korea, through April 30, as coronavirus spreads...
Amid coronavirus scare, US colleges cancel study abroad programs
In the face of a global health emergency, some university study abroad programs are sending students home immediately. Others are staying open — for now.
Too early for the ECB to contemplate coronavirus response: Makhlouf
It is too early for the European Central Bank to assess whether it needs to respond to the coronavirus epidemic with policy, even if the epidemic...
World shares slump for fifth day, bets grow on rate cuts to counter damage
World stocks tumbled for the fifth straight day on Wednesday, while safe-haven gold rose back towards seven-year highs after health authorities warned of a possible coronavirus...
Some weird tax breaks have become harder to claim
How far are you willing to go to claim that aggressive tax break? Pushy taxpayers seeking obscure deductions are sometimes willing to spend years debating the...
Profit rise lifts Peugeot shares ahead of Fiat merger
Peugeot maker PSA Group said on Wednesday profitability reached a record high in 2019, results that contrasted with those of many rivals and boosted the group's...
Me & the Bees Lemonade founder started her empire at 4 years old. Her motto: 'Dream like a kid'
Mikaila Ulmer has been running a business since she was four-years-old. Her dreams are bigger than a lemonade stand as she hopes to provide funding to...
Google to invest over $10 billion in 2020 on U.S. data centers, offices
Alphabet Inc's Google said on Wednesday it would invest more than $10 billion in offices and data centers across the United States this year.