Four-comma club: Predicting the next company to join trillion-dollar value elite
The trillion-dollar market cap club expanded last week to a third U.S. company, with Google parent Alphabet Inc topping the lofty valuation mark. Adding the next...
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.
The paradox of 2020 VC is that the largest funds are doing the smallest rounds
TechCrunch Danny Crichton Jan 17, 2020 I talked yesterday about how VCs are just tired these days. Too many deals, too little time per deal, and...
Ericsson fourth-quarter core profit hit by slowdown in U.S. business
Swedish telecoms equipment group Ericsson reported a sharp rise in fourth-quarter core earnings on Friday, but said the quarter, seasonally its best, had nevertheless been hit...
Bombardier scrambles to craft rail merger with Alstom, Hitachi: sources
Bombardier has approached France's Alstom and Japan's Hitachi to find a merger partner for its rail business as it struggles to contain costs that have eaten...
Walmart testing higher minimum wage for some employees
Walmart Inc is testing a higher starting wage for certain newly created jobs in about 500 U.S. stores, as it looks to improve in-store experience for...
Oil drops more than 2%, approaches weekly loss on China virus fears
Crude prices fell more than 2% on Friday and headed for a steep weekly decline over concerns that the coronavirus will spread farther in China, the...
The Supreme Court could upend consumer financial protection as we know it
The Supreme Court is hearing a case about the future of the Consumer Financial Protection Bureau, and justices may rule the agency to be unconstitutional. That...
FAA administrator to tell U.S. airlines MAX approval could come before mid-year
Federal Aviation Administrator Steve Dickson is calling senior U.S. airline officials Friday to tell them that the agency could approve the grounded Boeing 737 MAX's return...
Oil drops more than 2%, heads for weekly loss on China virus fears
Crude prices fell more than 2% on Friday, heading toward $60 a barrel and a steep weekly decline over concerns that the coronavirus in the world's...
Bayer faces fourth U.S. Roundup cancer trial in Monsanto home court
Bayer AG is set to face a fourth U.S. jury trial over allegations that its popular weed killer Roundup causes cancer, with four cancer patients in...
How Technology Saved China’s Economy
The New York Times Ruchir Sharma Jan 20, 2020 To outsiders, China may seem like a surveillance state. But tech has fueled growth and helped stave...
Wall Street slides on coronavirus fears, Intel offers support
U.S. stocks fell on Friday, as investors were cautious heading into the weekend amid renewed concerns over the fallout of a coronavirus outbreak from China.
Wall Street Week Ahead: Hopes are high for tech stock 'Cadillacs'; so are their prices
Wall Street is betting that the most popular U.S. technology and internet stocks can keep outshining the broader equities market but their latest rally leaves little...
New U.S. curb on Huawei in limbo amid pushback from Pentagon: sources
The U.S. Commerce Department has withdrawn a rule aimed at further reducing sales to China's Huawei Technologies amid concerns from the Defense Department that the move...
Wall Street set for weekly loss on gathering virus fears
Wall Street lost ground on Friday as mounting worries over the scope of the coronavirus outbreak overshadowed positive corporate earnings.