Stocks gain on solid results, but virus keeps safe-havens alive
Global equity markets edged higher on Wednesday on strong results from Apple and others but concerns about the coronavirus outbreak in China dampened investor enthusiasm, keeping...
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.
Goldman Sachs sets growth targets but urges investor patience
Goldman Sachs Group Inc on Wednesday set targets to grow its fledgling consumer unit and transaction banking business while improving efficiency and returns to shareholders, but...
McDonald's sees 2020 spending on tech after sales beat; breakfast competition looms
McDonald's Corp beat quarterly sales forecasts on Wednesday and said it would spend more on technology and research in 2020, as the world's largest burger chain...
Boeing swings to annual loss as 737 MAX costs near $19 billion
Boeing Co on Wednesday swung to its first annual loss since 1997 on mounting 737 MAX costs and indicated it would again cut production of its...
U.S. banks on Hong Kong Exchange's 'named and shamed' list
Wall Street investment banks JPMorgan and Morgan Stanley have been placed on the Hong Kong Stock Exchange's "named and shamed" list after the $300 million initial...
Shades of Ronaldo; Agnelli heir swoops for soccer star's sunglasses
Luxury eyewear group Italia Independent is hoping to borrow some of Cristiano Ronaldo's star appeal.
Warren Buffett gives up on newspapers; Berkshire sells unit to Lee Enterprises
Warren Buffett's Berkshire Hathaway Inc agreed to sell its newspaper business to Lee Enterprises Inc for $140 million in cash, abandoning an industry the billionaire investor...
Oil mixed amid virus fears and talk of OPEC cut extension
Oil prices were mixed on Wednesday as worries about the impact of the coronavirus outbreak on demand were offset by talk that OPEC could extend oil...
Cramer says it's 'stupid and dumb as wood' to think Apple and CEO Tim Cook aren't innovating
CNBC's Jim Cramer said the success of the new iPhone 11 is proof that Apple is still making desirable products.
UK's Huawei decision will not affect intelligence-sharing: PM's spokesman
Britain's decision to allow China's Huawei to have a role in its 5G networks does not affect the country's ability to securely share intelligence data, Prime...
Goldman Sachs shares slip despite higher financial targets given at first-ever investor day
Goldman Sachs CEO David Solomon is raising the bar for the bank's medium-term financial targets.
Britain's BBC to axe 450 newsroom jobs in cost-cutting drive
The BBC said on Wednesday it will axe 450 jobs from its news division in a cost-saving plan that will result in cuts at the World...
GE to halve 737 MAX engine deliveries but raises cash target
General Electric Co plans to slash 737 MAX engine deliveries to Boeing Co roughly in half this year but set higher cash target for 2020 as...
Fed likely to keep interest rates on hold as coronavirus worries grow
The U.S. Federal Reserve will end its latest policy meeting on Wednesday with interest rates likely on hold, adjustments to its balance sheet under discussion, and...
Wall St off early highs as weak earnings, coronavirus concerns weigh
U.S. stock indexes retreated from early highs on Wednesday as a spate of disappointing earnings reports offset strong gains in Apple and Boeing, while investors assessed...