Nasdaq proposes exclusive exchange trading for illiquid stocks
Nasdaq Inc asked regulators on Wednesday to allow issuers of thinly-traded stocks listed on its exchange to trade almost exclusively on Nasdaq, as part of a...
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.
Tesla tumbles as coronavirus weighs on Shanghai factory
Shares of Tesla tumbled 19% on Wednesday, hitting the brakes on a dramatic rally after a senior executive warned the coronavirus outbreak in China would delay...
Wall Street rises on strong domestic data; Tesla limits Nasdaq's advance
Wall Street rallied for a third straight day on Wednesday after a clutch of positive data pointed to strength in the U.S. economy, but losses in...
Uber wins appeal in Brazil, court says drivers are not employees
A superior labor court in Sao Paulo state ruled on Wednesday that there is no employment relationship between Uber and its drivers, siding with the ride...
Ackman's Pershing Square exits Starbucks, sticks by Chipotle, sees gains at Agilent
Investor William Ackman told clients on Wednesday that Pershing Square Capital Management exited its Starbucks Corp position as future growth looks less robust but will stick...
Stodgy utilities competing with tech stocks for hottest sector in the market right now
The strong start to 2020 for utilities extended a run of outperformance for the sector that began in 2018.
Oil prices jump 4% after reports of coronavirus drug breakthrough
Oil prices jumped about 4% on Wednesday on media reports that scientists had found a drug breakthrough for the fast-spreading coronavirus, an outbreak that continues to...
Texas AG says break-up, all other remedies on the table in Google probe
Texas Attorney General Ken Paxton, who is leading a multistate investigation into Alphabet Inc's Google unit, said on Wednesday he has not taken any possible punishment...
Wall Street rises on strong data; Tesla limits Nasdaq's advance
Wall Street rallied for a third straight day on Wednesday after a clutch of positive data painted a stronger picture of the U.S. economy but the...
LinkedIn CEO Jeff Weiner to step down
Professional networking platform LinkedIn's chief executive officer, Jeff Weiner, said on Wednesday that he would step down from his position effective June 1.
LendEDU engaged in a pay-to-play ratings scheme. It was 'greed and deception,' regulator says
The Federal Trade Commission alleged that online marketplace LendEDU, which compares loans, credit cards and insurance for consumers, engaged in a pay-to-play scheme that distorted its...
France's BNP Paribas on prowl for further European expansion
BNP Paribas is looking for further opportunities to expand its investment banking franchise in Europe and fortify its lead over local rivals after last year taking...
Exclusive: Kia in talks over moving $1.1 billion plant to another Indian state - sources
South Korea's Kia Motors is discussing with the Indian state of Tamil Nadu the possibility of moving a $1.1 billion plant out of neighboring Andhra Pradesh...
Ralph Nader says SEC should look into trading in Tesla based on the stock's recent spike higher
"I think the Securities and Exchange Commission should pay attention to the protection of investors here," Nader said.
Ford says Canadian agency investigating emissions certification process
Ford Motor Co said Wednesday Canadian officials have opened a preliminary investigation into the automaker's emissions certification process.