Fed Chair Powell says U.S. economy "resilient," but warns on coronavirus, productivity
Federal Reserve Chair Jerome Powell was fairly upbeat about the outlook for the U.S. economy in the first of his twice-a-year updates to Congress Tuesday, but...
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.
T-Mobile-Sprint merger wins approval from U.S. judge
A federal judge on Tuesday approved a merger between No.3 and No.4 wireless carriers T-Mobile US Inc and Sprint Corp, rejecting a claim by a group...
Finland's Supercell reports sales up 2% while core earnings slip
Finland's biggest game maker Supercell reported on Tuesday its full-year 2019 sales rose 2% to 1.39 billion euros ($1.52 billion) although core earnings slipped 4%.
Sleeping giant awakens? Downside risks for euro grow
A drop in the euro/dollar exchange rate to a four-month low raises the prospect of a repricing of one of the world’s most important macro-economic metrics...
Under Armour forecasts surprise sales drop, coronavirus hit; shares fall
Under Armour Inc on Tuesday forecast a surprise drop in 2020 revenue, largely due to weakness in North America, and said the coronavirus outbreak in China...
Fintech Varo gets one step closer to becoming an actual bank: 'We see it as a pretty big moat'
Mobile-only finance start-up Varo just got its long-awaited regulatory approval to become a full-scale bank.
Futures rise on hopes virus may be over soon; Sprint soars
U.S. stock index futures rose on Tuesday as a top Chinese health adviser said the coronavirus outbreak may plateau in the next few weeks, while Sprint...
M&S names Greencore's Eoin Tonge as new finance chief
Marks & Spencer on Tuesday appointed Eoin Tonge, currently the chief financial officer of Irish food group Greencore , as its new finance chief, filling a...
Oil rises from 13-month low as new virus cases slow
Oil rose to $54 a barrel on Tuesday, recovering from a 13-month low as the number of new coronavirus cases slowed in China, easing some concerns...
IKEA brand owner appoints Abrahamsson Ring as CEO
Inter IKEA Group has appointed Jon Abrahamsson Ring as CEO from September, as the owner of the world's biggest furniture brand battles to adapt to new...
KKR rules out offer for NMC, Italian-backed group confirms interest
Private equity firm KKR on Tuesday said it does not intend to make an offer for troubled NMC Health but Italian-backed GKSD Investment Holding confirmed it...
JD Sports may have to sell Footasylum if it doesn't address competition concerns: watchdog
UK sportswear retailer JD Sports may have to sell Footasylum if it does not address competition concerns about last year's acquisition of its smaller rival, Britain's...
China's central 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.
U.S. companies cut back on installing robots in 2019
U.S. companies installed fewer robots in 2019 than they did the year before, the first cut back since 2015, as a downturn in manufacturing fueled by...
Exclusive: JPMorgan in talks to merge blockchain unit Quorum with startup ConsenSys - sources
JPMorgan Chase & Co is in talks to merge its marquee blockchain unit Quorum with Brooklyn-based startup ConsenSys, according to people familiar with the plans.