Powerball jackpot hits $258 million. Here's the tax bite for the winner
Although 24% is withheld from big lottery wins for federal taxes, the top marginal rate of 37% means the winner could expect to owe more to...
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.
Ted Baker's lenders hire restructuring experts for independent review: Sky News
Ted Baker's lenders have hired advisers to carry out an independent review of the troubled British fashion retailer to assess its prospects, Sky News said https://news.sky.com/story/ted-baker-lenders-call-for-help-at-ailing-retail-chain-11903703...
Oil slides, stocks soar as Mideast conflict worries fade
Oil prices tumbled and equity markets soared on Wednesday after U.S. President Donald Trump said an Iranian missile strike on bases in Iraq had not harmed...
Uber stops upfront ride pricing in response to California worker law
Uber Technologies Inc on Wednesday informed its California customers that it would switch to providing estimates as opposed to fixed prices for its rides in response...
Tesla's market value zooms past that of GM and Ford - combined
For the first time, Tesla Inc's stock market value has eclipsed the combined values of General Motors Co and Ford Motor Co .
Walmart opened 134 stores in Mexico in 2019, biggest expansion in six years
Walmart last year launched its biggest expansion in Mexico since 2013, opening 134 new stores in its top foreign market and boosting its presence by nearly...
Oil dives as U.S., Iran tensions ease and on U.S. crude build
Oil futures fell more than 4% on Wednesday in a wild swing, soaring close to a four-month high in early trade on an Iranian rocket attack...
Deere bets on cost cuts, services push to boost profits
Deere & Co. on Wednesday said it will cut costs and ramp up investment in data-driven agriculture technology and its services business to make itself more...
Japan justice minister calls Ghosn's accusations 'absolutely intolerable'
Carlos Ghosn's accusations against Japan's legal system are "absolutely intolerable", Justice Minister Masako Mori said on Thursday, firing back at the auto executive-turned-fugitive shortly after his...
Oil prices shed gains as alarm over Iran rocket strike fades - for now
Oil prices steadied 1% higher on Wednesday, well below peaks hit in frenzied trading earlier in the day after a rocket attack by Iran on American...
CITIC to sell 22% stake in McDonald's China business to PE arm: sources
CITIC Ltd , the main listed arm of Chinese state-owned conglomerate CITIC Group, plans to sell a 22% stake in McDonald's Corp's mainland China and Hong...
Japanese billionaire Maezawa in $9 million 'social experiment' giveaway
Japanese fashion tycoon Yusaku Maezawa is giving away $9 million to his Twitter followers in what he says is a "social experiment" to see if the...
Saudi Aramco falls on U.S.-Iran tensions; debt markets little changed
Saudi Aramco shares fell to a new low on Wednesday after Iran launched missiles against U.S. targets in Iraq, but Gulf debt markets were fairly stable,...
Investors pause equity selling as fears of immediate Iran-U.S. escalation abate
European shares fell on Wednesday and U.S. equity futures pointed to weakness on Wall Street after Iran's attack on U.S.-led forces in Iraq, but earlier sharp...
Geely, Mercedes-Benz launch $780 million JV to make electric smart-branded cars
Zhejiang Geely Holding Group Co Ltd and Mercedes-Benz on Wednesday said they would each invest 2.7 billion yuan ($388.77 million) in a China-based venture to build...