Nestle sells U.S. ice cream brands to joint venture Froneri in $4 billion deal
Nestle SA has agreed to sell its U.S. ice cream business to Froneri in a deal valued at $4 billion, moving control of brands including Häagen-Dazs...
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.
Wall Street gains modestly after Fed signals rates to hold steady for some time
Wall Street's main stock indexes moved modestly higher on Wednesday after the U.S. Federal Reserve held interest rates steady and signaled that borrowing costs are likely...
Instant View: Fed stands pat on rates, expects no change in 2020
The U.S. Federal Reserve on Wednesday held interest rates steady and signaled borrowing costs are likely to remain unchanged indefinitely, with moderate economic growth and low...
Tesla plans increasing imported Model 3 prices in China from January
U.S. electric vehicle maker Tesla Inc plans to increase prices of imported Model 3 vehicles in China in January, sources briefed with the matter said.
European stocks nudge down as trade deadline looms
European shares fell on Wednesday as the deadline approached for new U.S. tariffs on Chinese goods and investors awaited the outcome of major central bank policy...
Jeffrey Gundlach says long-term rates are headed higher, Trump re-election is base case
The so-called bond king said the benchmark 10-year Treasury yield should be back at 2%.
Former GE Ventures exec raises $250 million to make breakthrough energy investments
Venture capital firm Piva announced it raised $250 million from Petronas for its first fund, which will focus on the next era of industry, energy and...
What top advisors see on the horizon for markets in 2020
Financial advisors who made CNBC's FA 100 list of leading firms for 2019 share what their outlook is on factors influencing markets and investors in the...
S&P 500, Nasdaq open higher; Dow hit by Boeing, Home Depot
The S&P 500 and the Nasdaq indexes opened slightly higher on Wednesday, with investors waiting for the Federal Reserve's decision on monetary policy, while losses in...
Thyssenkrupp's elevator unit moves to boost margins ahead of sale
Thyssenkrupp's elevator unit, which has been put up for sale by the ailing conglomerate, will cut costs, add lucrative service contracts and boost factory efficiency in...
IATA cuts 2019 airline profit forecast, sees stability in 2020
Airline profits are on course to fall faster than expected in 2019 as trade wars hit global commerce and broader confidence, the industry's main global body...
How Uber drains carmaker profits in Latin America's biggest market
Like many Uber drivers in Sao Paulo, the ride-hailing app's busiest city in the world, Augusto Caio Pereira does not actually own or lease the car...
Focus squarely on Trump as Dec 15 tariffs loom in US-China trade war
U.S. President Donald Trump has days to decide whether to impose tariffs on nearly $160 billion in Chinese consumer goods just weeks before Christmas, a move...
U.S. inflation firms in November; Fed seen on hold
U.S. consumer prices increased solidly in November, which together with labor market strength could support the Federal Reserve's intention not to cut interest rates again in...
Thyssenkrupp elevator boss says German sites need to be optimized
The German factories operated by Thyssenkrupp's elevator division need to be optimized, the unit's chief executive said, adding talks with labor representatives have already started.