Facebook analyst explains why he downgraded the stock, preceding its slide
Pivotal Research Group analyst Michael Levine said part of Facebook's advertising business "just feels very unsustainable."
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.
Investors expect any T-Mobile/Sprint deal price haircut to be small
T-Mobile US Inc may be limited in its ability to trim the price of its $40 billion acquisition of Sprint Corp after it overcame regulatory obstacles...
S&P 500, Nasdaq eke out new closing highs
S&P 500 and the Nasdaq inched to their second consecutive record closing highs on Tuesday as Chinese officials said the deadly coronavirus epidemic could be contained...
Lyft forecasts slower growth in 2020, leaves target profit unchanged
Lyft Inc on Tuesday forecast slower growth in the new year as ridership growth stagnated in the second half of 2019, disappointing investors and sending shares...
Oil prices rise about 1%, up from 13-month low as virus cases slow
Oil prices rose about 1% on Tuesday, up from 13-month lows as the number of new coronavirus cases slowed in China, easing some concern over the...
Exclusive: U.S. FAA agrees it must boost safety oversight for Southwest Airlines - report
The U.S. Federal Aviation Administration says it should have done a better job of ensuring Southwest Airlines Co had certified completion of maintenance on 88 used...
FTC demands data on small buys by Google, Amazon, Apple, Facebook, Microsoft
The Federal Trade Commission has issued special orders to Alphabet Inc's Google unit, Amazon.com Inc , Apple Inc , Facebook Inc and Microsoft Corp to provide...
Exclusive: FAA agrees with inspector general recommendations to improve Southwest oversight
The Federal Aviation Administration says it agrees with recommendations made by the U.S. Transportation Department's Inspector General that faulted its oversight of Southwest Airlines Co ,...
Airbnb swings to a loss as costs climb: WSJ
Home rentals giant Airbnb Inc swung to a loss for the first nine months of last year as costs climbed sharply, The Wall Street Journal reported...
Exclusive: Germany's Volkswagen and Daimler push for more 'sustainable' Chile lithium
German automakers Volkswagen and Daimler have launched a study to push for more "sustainable" lithium mining in Chile, according to lobbyist filings reviewed by Reuters, a...
China c.bank gives green light to Mastercard's China JV for clearing business
China's central bank said on Tuesday it has approved an application by Mastercard's China joint venture to conduct bank card clearing operations in the country.
Samsung unveils foldable Galaxy Z phone, challenging Apple design and tech
Samsung Electronics on Tuesday unveiled a square-shaped foldable smartphone, its second try at a novel technology that the Korean cell phone maker hopes will set it...
Oil prices rise from 13-month low as new virus cases slow
Oil prices edged up from 13-month lows on Tuesday as the number of new coronavirus cases slowed in China, easing some concern over the potential for...
S&P 500, Nasdaq set course for new closing highs as coronavirus fears abate
Wall Street advanced on Tuesday with the S&P 500 and the Nasdaq on track to score their second consecutive record highs after officials said the deadly...
FTC demands data about small buys by Google, Amazon, Apple, Facebook, Microsoft
The Federal Trade Commission has issued special orders to five big tech companies - Alphabet Inc's Google unit, Amazon.com Inc , Apple Inc , Facebook Inc...