Emerson says will not pursue a break-up following internal review
Emerson Electric Co told investors on Thursday it would not pursue a break-up following a review it launched last year into whether to separate its industrial...
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.
Royal Caribbean cancels 18 cruises, warns coronavirus hit to yearly profit
Royal Caribbean Cruises Ltd on Thursday said it had canceled 18 cruises in Southeast Asia and joined larger rival Carnival Corp in warning that its full-year...
Trump Fed nominee Shelton apologises for likening currency forger to Rosa Parks
Federal Reserve board nominee Judy Shelton on Thursday apologised for having likened a convicted currency counterfeiter to U.S. civil rights icon Rosa Parks in an unusual...
U.S. files superseding indictment against Huawei Technologies, CFO Meng
The U.S. government on Thursday filed a superseding indictment against the Chinese smartphone maker Huawei Technologies Co and its Chief Financial Officer Meng Wanzhou.
They worked at a Catholic hospital for decades. Then it took away their pension
A loophole in federal retirement law means workers at nonprofits associated with churches are at risk of losing their pensions.
JPMorgan gives fintechs July deadline to sign new data deals: sources
JPMorgan Chase & Co has told financial technology companies that they will be barred from accessing its customer information by July 30 if they do not...
This old-school scam has jumped 65% since 2015 and costs consumers millions
Scammers use fake checks to dupe even skeptical consumers by exploiting how quickly funds are credited to bank accounts.
HSBC Canada Breaks from Big Six Banks in Call to Encourage Fintechs
The Logic By Zane Schwartz Feb 12, 2020 While Canada’s Big Six banks urge caution about the introduction of open banking, the Canadian subsidiary of U.K.-based...
Fire damage at Exxon's second largest U.S. refinery leaves restart uncertain: sources
Exxon Mobil Corp does not have a timeline for restarting fuel-producing units at its second-largest U.S. refinery following a fire Wednesday that cut production, sources said,...
Jump in coronavirus cases halts stock rally; dollar gains
The dollar rose and global equity markets slumped on Thursday after a new methodology that sharply increased the death toll in China from the coronavirus unnerved...
Tesla shares jump 6% to session high, reversing early losses following $2 billion stock offering
Tesla will offer $2 billion of common stock, with CEO Elon Musk and board member Larry Ellison each buying shares.
Oil prices climb on prospects for deeper OPEC+ output cuts
Oil prices edged higher on Thursday, as investors hoped the world's biggest producers would cut output more, while they largely shrugged off forecasts of slumping demand...
Defensive stocks lift Wall Street from session lows amid coronavirus worries
Defensive stocks helped the S&P 500 and the Nasdaq erase losses to trade flat on Thursday, even though a sharp rise in new coronavirus cases in...
Prosecutors challenge antitrust approval of Boeing-Embraer tie-up
Brazilian prosecutors have filed an appeal with antitrust agency Cade asking the regulator to reconsider its approval of a deal selling control of Embraer SA's commercial...
Oil prices climb on hopes of deeper OPEC+ production cuts
Oil prices edged higher on Thursday as investors focused on the possibility of deeper supply cuts from the world's biggest producers, whilst largely shrugging off reports...