Visa to acquire Plaid, the fintech powering Venmo and other banking apps, in $5.3 billion deal
Payments giant Visa is buying Silicon Valley start-up Plaid in a $5.3 billion deal, the companies announced Monday.
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.
Renault chairman says alliance with Nissan 'robust': L'Echo
The alliance between the French carmaker Renault and its Japanese partner Nissan Motor is "solid, robust, everything but dead," the chairman of Renault, Jean-Philippe Senard, told...
U.S. Treasury removes designation of China as currency manipulator
The U.S. Treasury Department on Monday said China should no longer be designated as a currency manipulator in a long-delayed semi-annual currency report, reversing an August...
U.S. rejects Avenatti claim that 'document dump' justifies Nike trial delay
U.S. prosecutors on Monday rejected Michael Avenatti's claim that they overwhelmed him with large amounts of material for the Jan. 21 trial accusing the celebrity lawyer...
U.S. gave Britain new evidence of 'madness' of using Huawei in 5G network: report
U.S. government officials presented the British government with new evidence on Monday about the risks of including Huawei [HWT.UL] equipment in future 5G mobile networks, branding...
Two key moves from the Federal Reserve have boosted stocks, but they could come with a price
Taken together, the moves have been seen as stimulus that while stealthier than the measures taken to pull the economy out of the financial crisis, nevertheless...
Stocks hit record ahead of U.S.-China trade deal, dollar gains
Bond yields edged higher while a gauge of global equity markets hit a record high on Monday, lifted by optimism over the planned signing this week...
Visa to buy fintech startup Plaid in $5.3 billion deal
Visa Inc has agreed to buy privately held financial technology startup Plaid Inc in a $5.3 billion deal, the payments processor said on Monday.
JP Morgan kicks off bank earnings Tuesday with a boost from trading, but all eyes are on forecast
Bank stocks finished last year on a tear, outpacing the broader stock market in the fourth quarter.
Fed's Bostic: 'High bar' to any rate hike given need to raise inflation
There is a "high bar" to the U.S. Federal Reserve raising interest rates given the need to raise inflation and guard against any drop in inflation...
Fed on hold, but will financial risks matter?
U.S. Federal Reserve officials may be in broad agreement that interest rates are unlikely to change soon, but they differed Monday on how concerned they are...
Podcast: Stronger for longer: How top performers thrive through downturns
McKinsey Company Sean Brown and Kevin Laczkowski Dec 2019 Resilient companies enjoy gains that last long after an economic crisis has passed. We talk with two...
U.S. government posts $13.3 billion deficit in December
The U.S. government recorded a $13.3 billion budget deficit in December, the Treasury Department said on Monday.
Amazon to ramp up counterfeit reporting to law enforcement
Amazon.com Inc is planning to give more data on counterfeit goods to law enforcement in a further crackdown on fakes listed on its e-commerce sites, a...