Morgan Stanley settles SEC charges it misled clients, to pay $5 mln penalty
A unit of Morgan Stanley will pay a $5 million penalty to settle U.S. Securities and Exchange Commission charges it provided misleading information to clients in...
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 dips on risks linked to reopening of economy
The S&P 500 slipped in choppy trading on Tuesday as the risks of reopening the economy too soon overshadowed hopes of a jump-start to a battered...
Trump wants California to let automaker Tesla reopen assembly plant
U.S. President Donald Trump on Tuesday urged California to allow Tesla Inc to reopen its electric vehicle assembly plan.
Logitech sales surge as locked-down families, workers stay connected
Logitech International reported a big jump in sales of computer products during its fourth quarter on Tuesday as more people worked from home and families turned...
Google and Gates Foundation to help spread digital payments in developing countries
Fortune David Z. Morris May 6, 2020 For more than a decade, Kenyans from the bustling capital of Nairobi to far-flung farms have had access to...
Trump again urges Fed to adopt negative U.S. interest rates
President Donald Trump on Tuesday again pushed the Federal Reserve to adopt negative interest rates, even as several members of the U.S. central bank have said...
Equities inch higher, bonds dip, on hopes for recovery
World equity markets inched higher and safe-haven bonds fell on Tuesday as stronger economic data from China and upbeat corporate earnings in Europe overshadowed concerns about...
Morgan Stanley pays $5 million fine to settle SEC charges it misled investing clients
A unit of Morgan Stanley agreed to pay a $5 million fine to settle U.S. Securities and Exchange Commission charges it misled retail investing clients about...
German watchdog investigates payments company Wirecard
Germany's financial watchdog BaFin said on Tuesday it was conducting multiple investigations into Wirecard , sending its shares lower and adding to pressure over allegations it...
Estonian fintech askRobin scores $1.7M to bring ‘fair credit’ to emerging markets
Techcrunch Steve O'Hear May 6, 2020 AskRobin, an Estonia-founded fintech that operates a financial services marketplace for “underbanked” customers in Latin America, has picked up $1.7...
Uber approaches GrubHub with takeover offer: Bloomberg News
Uber Technologies Inc has made an offer to buy online food delivery company GrubHub Inc , Bloomberg News reported on Tuesday.
U.S. Congress presses bank regulators on coronavirus assistance, oversight
Lawmakers pressed U.S. regulators on Tuesday on their efforts to help struggling consumers, oversight of massive federal bailout packages and regulatory easing as they appeared before...
U.S. consumer prices post largest decrease since 2008
U.S. consumer prices dropped by the most since the Great Recession in April, weighed down by a plunge in demand for gasoline and services including airline...
Luckin Coffee sacks CEO, COO following accounting probe
Chinese coffee chain Luckin Coffee Inc fired its chief executive and chief operating officers following an internal probe on fabrication of annual sales numbers, the company...
BOC Aviation scoops up deals with airlines in sector's biggest crisis
Armed with strong funding, Asian lessor BOC Aviation has struck an estimated $5.5 billion of deals with carriers including Southwest and United Airlines to buy and...