Wall Street reverses course to end higher after WHO comments
U.S. stocks rebounded late to close higher on Thursday after the World Health Organization (WHO) declared the China coronavirus a global emergency, while earnings painted 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.
Amazon holiday sales jump as one-day shipping quadruples, stock up 13%
Amazon.com Inc on Thursday said its sales jumped during the holiday season and profit far exceeded expectations, as the world's biggest online retailer shortened delivery times...
Skywest orders 20 old-generation Embraer jets as order for newer jets remains paused
Brazilian planemaker Embraer SA said on Thursday that U.S. regional carrier SkyBest Inc had signed a firm order for 20 E175 planes from the E1 generation,...
Visa quarterly revenue misses, expenses rise
Visa Inc missed analysts' estimates for revenue and posted a 14% rise in operating expenses for the first quarter on Thursday, sending its shares down nearly...
Global stocks, oil tumble on fears virus to hurt China's economy
Global equity markets tumbled on Thursday as the death toll from China's coronavirus outbreak hit 170, pummeling oil prices and inverting a closely watched bond as...
Oil falls to new three-month lows as virus fears grow, OPEC mulls meeting
Oil prices fell more than 2% on Thursday to the lowest in three months on concerns over the potential economic impact of the coronavirus that continues...
UBS Europe probed in Italy in asset manager fraud investigation: sources
Italian prosecutors have investigated UBS Europe for possible money laundering and obstructing the work of regulators as part of a fraud inquiry into small asset manager...
CIBC planning layoffs to cut costs
Canadian Imperial Bank of Commerce will lay off employees in the months ahead to cut costs, a memo obtained by Reuters showed.
Pompeo urges EU to exclude 'high-risk suppliers' from 5G networks
U.S. Secretary of State Mike Pompeo on Thursday urged the European Union to exclude "high-risk" suppliers from all parts of 5G networks.
Oil falls 3% to new three-month lows as China virus cases surpass SARS total
Oil prices fell 3% on Thursday to the lowest in three months on concerns over the potential economic impact of the coronavirus that continues to spread...
Tesla short sellers lose more than $1.5 billion in one day as stock skyrockets on earnings
Tesla short sellers are now down more than $5.2 billion this year in mark-to-market losses after losing $2.89 billion in 2019.
Zuckerberg pledges Facebook users privacy upgrades after $550 million facial recognition settlement
Facebook Inc has reached a $550 million settlement of claims it collected and stored millions of users' biometric data without their consent, as Chief Executive Mark...
Aston Martin calls board meeting to decide on fundraising
British luxury carmaker Aston Martin will hold a board meeting on Thursday to decide whether to raise funds through the sale of a strategic stake, a...
U.S. banks could invest in venture capital funds again under 'Volcker rewrite'
U.S. banks would be able to take large stakes in venture capital funds under a proposal to ease strict bank trading and investment rules introduced following...
Enbridge defends plan to sell capacity on Mainline oil network
Canadian pipeline company Enbridge Inc said on Thursday its plan to sell nearly all capacity on the Mainline oil network for the long term is fair...