Occidental to cut Western Midstream stake to reduce debt
Occidental Petroleum Corp said on Monday it would cut its majority stake in pipeline operator Western Midstream Partners LP to less than 50% in 2020, 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.
SEC Proposes to Update Accredited Investor Definition to Increase Access to Investments
SEC Release Dec 18, 2019 The proposal would expand the definition of accredited investor and increase retail access to private markets Washington D.C., Dec. 18, 2019...
Renault hires former PSA research chief
French car marker Renault said has hired former PSA research and development chief Gilles Le Borgne as head of engineering.
Amazon to showcase its transportation drive at world's largest tech show
From making cars talk using Alexa's voice to managing data from factories full of robots, Amazon.com Inc wants a big piece of the action in transportation,...
The economics of unused gift cards
The Hustle Zachary Crockett Jan 4, 2020 Every year, Americans spend billions of dollars on gift cards. But what happens to the money when the cards...
Social Security benefits narrow the wealth gap. But it's not enough to keep low-wage earner out of poverty in retirement
New research from The New School Schwartz Center for Economic Policy Analysis shows that Social Security retirement benefits help narrow the gap between the haves and...
Wall Street rattled by Middle East tensions, energy shares jump
U.S. stocks fell for a second session on Monday, led by financial and technology stocks, as escalating tensions between the United States and Iran pushed investors...
Aeromexico reaches compensation deal with Boeing over MAX crisis
Mexican airline Aeromexico said on Monday it had reached a compensation deal with Boeing Co related to the grounding of the planemaker's 737 MAX aircraft, joining...
Wall Street opens lower on rising Middle East tensions
U.S. stocks opened lower on Monday as escalating tensions between the United States and Iran encouraged investors to seek refuge in safer assets such as gold...
Oil tops $70 as Iran and Trump trade threats
Oil prices jumped by about 1% on Monday, pushing Brent above $70 a barrel, as rhetoric from the United States, Iran and Iraq fanned tensions in...
Premium cigar makers could catch a break from the FDA as White House applies pressure
Handrolled cigar-makers and importers are facing a May deadline that requires all new tobacco products to obtain regulatory clearance from the FDA. But the mom-and-pop shops...
The Clearing House Releases Model Agreement For Sharing Financial Data
McCarthy Tetrault Domenic Presta Dec 3, 2019 On November 12, 2019, The Clearing House (TCH) released a Model Agreement as part of TCH’s Connected Banking Initiative....
EU rules to boost European crowdfunding, platforms agreed
European Parliament Dorota Kolinska Dec 19, 2019 A single set of rules will apply to crowdfunding services in the EU, up to EUR 5 000 000...
Mexico's Aeromexico reaches compensation agreement with Boeing on MAX crisis
Mexican airline Aeromexico said on Monday it had reached a compensation agreement with Boeing Co in relation to the temporary grounding of the planemaker's 737 MAX...
Amazon is generating lots of free-cash flow, time to get on board: Barron's
Amazon.com Inc is generating lots of free cash flow, which it often uses to invest in growing its business, making the e-commerce retailer a good investment,...