A legendary trader who made billions betting on wars, other macro events is hanging it up
The step to privatize Moore Capital will mark the end of a storied era at the firm and follows years of weaker performance at the fund.
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.
Brokerage bombshell: What advisors, investors could expect from a Schwab-TD Ameritrade merger
The custody arena for registered investment advisors is about to get a lot smaller if Charles Schwab acquires TD Ameritrade. Here's what that might mean for...
Uber denies report it in talks with Germany's Wirecard
Ride hailing company Uber denied a German magazine report on Thursday that it was considering hiring Wirecard as its main payments partner to replace Dutch platform...
Macy's cut profit outlook after weak quarter; confident for holiday
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, warm weather...
Global stocks, dollar slip as reports kindle trade deal hopes
The U.S. dollar and global equity markets edged lower on Thursday as efforts by China to smooth the path forward in U.S.-Sino trade talks was offset...
U.S. labor market, manufacturing data point to slowing economy
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.
Pot stocks soar as U.S. House committee clears bill on federal weed legalization
Shares of marijuana companies rose on Thursday after a U.S. congressional committee passed a legislation to decriminalize cannabis, taking it a step closer to being approved...
Explainer: How would a Schwab-TD Ameritrade deal affect retail investors?
U.S. discount broker Charles Schwab Corp. is in talks to buy rival TD Ameritrade in a $26 billion deal that would create an online brokerage behemoth,...
GM's electric pickup truck to go on sale fall 2021: CEO
General Motors Co's first electric pickup truck model will go on sale in the fall of 2021, the company's top executive said on Thursday, around the...
Wall Street slips on conflicting headlines on U.S.-China trade
Wall Street's main indexes fell on Thursday after conflicting headlines on U.S.-China trade relations and a row between the world's top two economies over the Hong...
United Auto Workers union to name new president as U.S. corruption probe widens
The United Auto Workers union international executive board will meet to name a new president, the union said on Thursday, a day after the previous president...
Europe voices guarded optimism it has dodged U.S. car tariffs
EU trade chief Cecilia Malmstrom and ministers expressed cautious optimism on Thursday that the threat of U.S. tariffs on imported European cars had passed.
Uber says not in talks with Germany's Wirecard
Ride hailing company Uber denied a German magazine report on Thursday that it was considering hiring Wirecard as its main payments partner to replace Dutch platform...
Xerox threatens to take HP bid hostile
Xerox Corp on Thursday threatened to take its $33.5 billion buyout bid for HP Inc hostile, if the personal computer maker did not agree to a...
Fiat-Peugeot deal would boost Exor's coffers to 3.6 billion euros in 2022
Fiat Chrysler's top shareholder Exor will have a total of 3.6 billion euros ($4 billion) in 2022 to invest once a deal to merge the carmaker...