Daimler brings SUV to luxury Maybach brand's portfolio
Daimler plans to sell luxury Maybach brand's first sport-utility vehicle, its China chief executive, Hubertus Troska, said on Thursday, joining other luxury brands that offer SUV...
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.
A legendary trader who made billions betting on wars, other macro events is reportedly closing fund
The reported end of Moore Capital will mark one of the industry's most prominent closures to date and follow years of weaker performance.
Little cheer for Beaujolais Nouveau as U.S. tariffs guzzle profits
Beaujolais Nouveau wine lovers made merry as this year's first bottles were uncorked, but producers faced the sobering truth of a dip in margins due to...
Macy's cuts forecast ahead of holiday season after gloomy quarter
Macy's Inc cut its annual profit forecast for the second time this year on Thursday, as the department store operator blamed weak international tourism and sluggish...
Big Tech takes aim at the low-profit retail-banking industry
The Economist Nov 21, 2019 THE ANNUAL Web Summit in Lisbon each year is Woodstock for geeks. Over three days in November, 70,000 tech buffs and...
Trump wants Apple to be involved in 5G infrastructure building in U.S.
U.S. President Donald Trump said on Thursday he had asked Apple Inc Chief Executive Officer Tim Cook to look into helping develop telecommunications infrastructure for 5G...
Stock futures erase losses on report of likely U.S. tariff delay
U.S. stock index futures moved sharply higher on Thursday after South China Morning Post reported that U.S. tariffs on Chinese imports due Dec. 15 could be...
U.S. weekly jobless claims unchanged at five-month high
The number of Americans filing applications for unemployment benefits was unexpectedly unchanged at a five-month high last week, suggesting some softening in the labor market.
Here are the biggest analyst calls of the day: Virgin Galactic, DuPont, AMD, Nintendo & more
Here are the biggest calls on Wall Street on Thursday
Risk on, risk off, repeat! U.S.-China trade deal faces HK hurdle
Stocks slid further on Thursday as the standoff between the world's two largest economies expanded beyond trade, reducing the odds of a "phase-one" deal this year...
Saudi Aramco IPO raises 73 billion riyals so far: Samba
Saudi Aramco's initial public offering (IPO) has attracted approximately 73 billion riyals ($19.47 billion) in institutional and retail orders so far, Saudi Arabia's Samba Financial Group...
G20 has put up 'historically high levels' of trade barriers: WTO
G20 economies slapped on 28 new barriers between mid-May and mid-October covering trade worth an estimated $460.4 billion, mainly via tariff increases and import bans, the...
Macy's posts bigger-than-expected drop in same-store sales, cuts outlook
Macy's Inc reported a bigger-than-expected fall in quarterly same-store sales and cut its full-year profit forecast on Thursday, blaming weak international tourism and sluggish mall traffic.
Exclusive: Trump administration to miss 2019 target for Alaska refuge oil lease sale - official
The Trump administration will miss its target of holding the first-ever oil drilling lease sale in Alaska’s Arctic National Wildlife Refuge this year due to delays...
Tesla picks a fight with Detroit by going after the pickup market
Tesla Inc Chief Executive Elon Musk has talked for years about building an electric pickup truck that would threaten the heart of the Detroit automakers' profits,...