Alstom board to discuss purchasing Bombardier rail unit: sources
Alstom's board will meet on Wednesday evening to discuss buying Bombardier's rail unit, sources familiar with the matter said, and a media report said the French...
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.
Fed Chair Powell: 'no reason' rising wages, job gains can't continue
Federal Reserve Chair Jerome Powell on Wednesday reiterated his confidence in the sustainability of the record-long U.S. economic expansion, now in its 11th year.
Boeing sees at least 2 years before 737 MAX output reaches pre-grounding target
Boeing Co Chief Financial Officer Greg Smith said on Wednesday it will take at least a couple of years before the 737 MAX airplane can be...
BP boss Looney sets out to 'reinvent' oil giant with zero carbon goal
BP set one of the oil sector's most ambitious targets for curbing carbon emissions on Wednesday as new chief executive Bernard Looney began the biggest revamp...
Goldman Sachs is lining up Prince Harry for its online interview series
Goldman began holding its "Talks at GS" a few years ago as an informal interview series for employees.
Shopify hits record high on better-than-expected 2020 sales forecast
Canadian e-commerce company Shopify Inc's full-year revenue forecast above analysts' estimates and better-than-expected quarterly earnings on higher holiday sales, pushed its shares to a record high...
Boeing sees airline profits hit, stagnant freight due to virus
Airlines are facing a fall in profits as the coronavirus crisis hits passenger demand and prolongs weakness in economically sensitive air freight, planemaker Boeing warned on...
Oil rises 3% as demand worries ease amid fewer new coronavirus cases
Oil prices rose 3% on Wednesday as China reported its lowest daily number of new coronavirus cases since late January, stoking investor hopes that fuel demand...
Airbus Helicopters signs order from Royal Thai Air Force
Airbus said on Wednesday its Airbus Helicopters unit had signed an order for six H135 military training helicopters from the Royal Thai Air Force.
Bezos buys Warner Estate in Beverly Hills for record $165 million
Amazon Chief Executive Jeff Bezos, the world's wealthiest person, has purchased a Beverly Hills mansion known as the Warner Estate from media mogul David Geffen for...
U.S. stores help Ahold to 3% quarterly profit rise
Food retailer Ahold Delhaize reported a 3% rise in fourth-quarter core earnings on Wednesday helped by its Food Lion and Hannaford U.S. grocery chains.
Despite $1 trillion deficits, Trump tax cuts will still 'pay for themselves': Mnuchin
U.S. Treasury Secretary Steven Mnuchin insisted on Wednesday that President Donald Trump's tax cuts will still pay for themselves over 10 years, even as the administration...
Hyundai bet big on China. Now coronavirus is twisting its supply chain
South Korean car giant Hyundai Motor has increasingly relied on China to supply auto parts to its manufacturing hub at home in recent years. As the...
Raytheon discloses SEC subpoena related to payments by Thales JV in Middle East
Raytheon has received a subpoena from the U.S. Securities and Exchange Commission related to an investigation into the possibility of improper payments made for contracts in...
MGM Resorts withdraws 2020 financial targets on coronavirus hit
MGM Resorts International withdrew its forecast for 2020 on Wednesday, as it assesses the fallout of the coronavirus epidemic on its business.