ESG investing is a 'complete fraud,' Chamath Palihapitiya says
Social Capital founder Chamath Palihapitiya said ESG investing is 'a lot of sizzle, no steak.'
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.
Warren Buffett is 'completely wrong and outdated' on bitcoin, Chamath Palihapitiya says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.
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...
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...
Walmart in talks with third parties over investment in UK arm Asda
Walmart , the world's largest retailer, is in talks with third parties regarding a possible investment in Asda, its UK supermarket arm that it tried, and...
Oil inches up on U.S. crude inventories, coronavirus limits gains
Oil prices edged up on Wednesday after U.S. crude in storage grew less than expected and gasoline inventories dropped, but hundreds of new coronavirus cases reported...
Lufthansa and United weigh takeover of Portugal's TAP: Sueddeutsche
Lufthansa and United Airlines are considering taking over TAP-Air Portugal, a German newspaper reported on Wednesday.
What Bloomberg's tax return might tell us — if we get to see it
What we can learn from the former mayor's tax return will depend on whether he releases a heavily redacted Form 1040. Look to these supplemental forms...
Toll Brothers says home sales in California impacted by coronavirus
Home builder Toll Brothers Inc said on Wednesday that the coronavirus outbreak in China had led to shortages of lighting fixtures and small appliances, forcing it...
Fund investors retreat from U.S. stocks as coronavirus fears weigh
Investors pulled nearly $3.3 billion out of mutual funds and exchange-traded funds that hold U.S. stocks last week, snapping the longest streak of asset gains since...
Oil falls more than 1% as virus spreads in Middle East and Europe
Oil prices fell more than 1% on Wednesday after hundreds of new coronavirus cases reported in Asia, Europe and the Middle East stoked fears that energy...
Wall Street leads stocks higher, oil falls as virus concerns linger
Gains on Wall Street led stocks across the globe higher on Wednesday, a rebound from a sharp selloff linked to coronavirus worries, but other financial markets...
Morgan Stanley conference-goers asked to self-report coronavirus exposure
Morgan Stanley is asking anyone who is attending its technology, media and telecom conference in California next week to report if they have visited several countries...
Wall Street bounces after virus-driven selloff
U.S. stocks attempted a recovery on Wednesday after a rocky start to the week that shaved off more than 6% from the main indexes on growth...
Delta cutting flights to South Korea amid coronavirus outbreak
Delta Air Lines said Wednesday it will temporarily cut flights from South Korea citing global health concerns related to the coronavirus outbreak.