Credit Suisse says Tesla is running out of time as the major electric car maker, shares to dive 40%
Credit Suisse on Thursday noted that Tesla has nearly an 80% share of the U.S. market for electric vehicle.
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.
Burberry aims to woo more customers in China with Tencent tie-up
British luxury brand Burberry on Thursday said it has joined forces with China's Tencent for a new digital marketing and sales push to tap the nation's...
This rule of thumb about credit card use could be costing you
Experts say there is a misconception that your credit score won't be negatively affected unless your total balance climbs above 30% of your available credit.
Britain's Asda blames Brexit uncertainty for lower sales
Asda, the British supermarket arm of U.S. retail giant Walmart , reported lower sales in its latest quarter, saying uncertainty surrounding Britain's exit from the European...
Carl Icahn takes stake in HP, pushes for merger with Xerox
Icahn, who owns a 10.6% stake in Xerox, now owns a 4.24% stake in HP, according to The Wall Street Journal.
Strong healthcare costs help to lift U.S. producer inflation
U.S. producer prices increased by the most in six months in October, lifted by gains in the costs of goods and services, further bolstering the Federal...
Oil up 1% on U.S. crude stocks fall, OPEC comments on U.S. shale growth
Oil rose on Thursday after industry data showed a surprise drop in U.S. crude inventories, while comments from OPEC about lower-than-expected U.S. shale production in 2020...
World stocks sink as China slowdown deepens, German economy weak
World stocks nudged down on Thursday as Chinese economic data slowed in October and Germany only narrowly avoided a recession in the third quarter, adding to...
IBM hopes to change weather forecasting around the globe using big data and a new supercomputer
The system is called GRAF, or Global High Resolution Atmospheric Forecasting, and will have many applications globally for governments and industries.
Ford to use Mustang name for electric SUV
Ford Motor Co will use the Mustang name, previously reserved for a muscle car, for an electric sport utility vehicle (SUV) that customers in the United...
Walmart's third-quarter results beat estimates, shares rise
Walmart Inc reported better-than-expected third quarter U.S. comparable sales on Thursday as people spent more at its stores and website and the retailer picked up market...
Facebook signs lease for office space in Hudson Yards
Facebook Inc signed a lease for over 1.5 million square feet of office space across 30 floors and three buildings in New York City's Hudson Yards,...
How SoftBank is putting its stamp on LatAm's venture capital scene
SoftBank, whose $5 billion Latin America fund has showered regional startups with cash, is also courting local venture capital funds, an unusual move for the Japanese...
Goldman downgrades Kraft Heinz to sell, says the recent rally won't last
The firm downgraded shares of Kraft Heinz to sell from neutral because the stock has gone up too much since Kraft's strong third-quarter earnings.
Danish prosecutor charges Danske Bank for overcharging customers
Danske Bank said on Thursday it has been preliminary charged by the Danish prosecutor for overcharging customers for an investment product.