Fiat reaches settlement with Italy tax agency over Chrysler value claim
Fiat Chrysler has reached a settlement with Italian tax authorities over the valuing of its U.S. Chrysler business involving no cash payment or penalty, the group's...
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.
Hong Kong Airlines to cut 400 jobs, operations as coronavirus hits travel
Hong Kong Airlines said on Friday that it will slash 400 jobs and cut operations given weak travel demand because of the coronavirus outbreak, adding to...
Do you smell what Bezos is cooking? Amazon could buy the WWE, analyst predicts
The "best case scenario" for World Wrestling Entertainment is if Amazon buys its streaming rights in the US and internationally, according to Needham.
Suzuki considers China supply options, third-quarter profit falls 11%
Suzuki Motor Corp said on Friday it was considering sourcing vehicle components from outside China, as the spread of a new coronavirus in the country threatens...
Jaguar Land Rover to cut output at two UK factories
Jaguar Land Rover will reduce or stop production on certain days at two of its British factories over the next few weeks as Britain's biggest carmaker...
Oil prices fall as OPEC+ considers coronavirus action
Oil futures gave up early gains on Thursday despite possible action from the OPEC+ group of producers to counter an expected fall in oil demand as...
ICE makes case for eBay talks following earnings report
New York Stock Exchange owner Intercontinental Exchange Inc (ICE) would "love" to speak with eBay Inc about a potential deal if its management is interested, the...
Yum Brands misses sales, profit estimates as Pizza Hut battles rivals; shares drop
Yum Brands Inc shares fell 4.7% after it reported quarterly same-store sales and profit that missed analyst expectations on Thursday, as stiff competition took a bite...
Huawei sues Verizon over patents; Verizon blasts 'PR stunt'
China's biggest telecommunications equipment maker will square off in court against the No. 1 U.S. wireless carrier over whether Verizon Communications Inc should pay Huawei Technologies...
U.S. weekly jobless claims hit nine-month low; productivity rebounds
The number of Americans filing for unemployment benefits dropped to a nine-month low last week, suggesting a tightening labor market would continue to keep the longest...
Stocks rally, safe-haven currencies drop, on China plan to cut tariffs
World equity markets rallied for a fourth day on Thursday, with a bevy of key stock indexes touching fresh peaks, as news that China will soon...
FCA CEO: China disruptions could threaten production at a European plant within two-four weeks
Disruptions to auto parts production caused by the deadly virus outbreak in China could threaten production at one of Fiat Chrysler Automobiles's European plants within two...
Nike carves out South American strategy in consumer focus push
Nike Inc on Thursday said it would partner with some South American distributors, as a part of the footwear maker's wider plan to sell new products...
U.S. weekly jobless claims at nine-month low; productivity rebounds
The number of Americans filing for unemployment benefits dropped to a nine-month low last week, suggesting a tightening labor market would continue keep the longest economic...
Twitter notches first $1 billion quarterly revenue, beating estimates; shares jump
Twitter Inc pulled in $1 billion in quarterly revenue for the first time on Thursday, beating expectations as efforts to make its platform more user-friendly brought...