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...
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.
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.
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.
Amazon to protest Pentagon's $10-billion cloud award to Microsoft: WSJ
Amazon.com Inc will protest the Pentagon's decision to award a $10 billion cloud computing contract to Microsoft Corp , the Wall Street Journal reported (https://on.wsj.com/2CLjsdK) on...
U.S. charges two former Herbalife executives in China over bribery scheme: source
U.S. prosecutors criminally charged two former executives of Herbalife Nutrition Ltd's Chinese unit with running a decade-long scheme to bribe Chinese government officials to win business...
S&P 500 notches record, shakes off Cisco's gloomy outlook
The benchmark S&P 500 stock index posted a slim gain to end with a record closing high on Thursday, as a dour forecast from tech stalwart...
WeWork bond drops, spread hits a record on report of delayed share tender
WeWork's junk bond price dropped and its risk premium shot to a record high on Thursday following a report that its main backer had yet to...
Google antitrust probe to expand into Android: CNBC
The 50 attorneys general investigating advertising practices at Alphabet Inc's Google are planning to expand their antitrust probe into the unit's flagship Android business, CNBC reported...
Fed not focused on daily ups, downs of trade deal: Williams
The U.S. Federal Reserve will not make policy based on day to day developments in U.S.-China trade policy or on Britain's exit from the European Union,...
Stocks, yields slip as investor sentiment wavers
World stocks edged lower and debt yields fell on Thursday as Chinese economic data slowed in October and Germany narrowly avoided a recession in the third...
Cisco's dour outlook weighs on Wall Street
U.S. stocks dipped on Thursday, weighed down by technology shares after Cisco's weak forecast raised worries of a slowdown in global economic growth, overshadowing strong results...
Warren Buffett's Berkshire Hathaway reveals new stake in furniture retailer RH, shares surge
Berkshire Hathaway owned 1.2 million shares of RH, formerly known as Restoration Hardware, at the end of the third quarter.
Fed's Bullard: 'More normal' yield curve bullish sign for 2020
The way U.S. bond markets responded to recent Federal Reserve interest rate cuts could be "bullish" for the economy, St. Louis Federal Reserve President James Bullard...