S&P 500, Dow take a breather on trade deal doubts
The S&P 500 and Dow Jones indexes stalled on Friday after a record run, as U.S. President Donald Trump contradicted reports that the United States and...
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.
Activist investor Icahn sells nearly a third of his Occidental Petroleum stake
Activist investor Carl Icahn, who has been waging a bitter battle against Occidental Petroleum Corp's board over its $38 billion acquisition of Anadarko Petroleum, cut his...
Blackstone takes majority stake in 'Bumble' parent, values firm at about $3 billion
Blackstone Group Inc is taking a majority stake in MagicLab, the parent company of dating app "Bumble" and "Badoo", valuing the company at about $3 billion,...
S&P 500, Dow slip as trade-fueled rally pauses
The S&P 500 and Dow Jones indexes stalled on Friday after a record run, as U.S. President Donald Trump contradicted reports that the United States and...
Trump says has not agreed to roll back tariffs on Chinese goods
President Donald Trump on Friday said he has not agreed to rollbacks of U.S. tariffs sought by China, sparking fresh doubts about when the world's two...
WeWork, ex-CEO Neumann, Softbank sued over botched IPO, plummeting value
WeWork officials, including co-founder and former Chief Executive Adam Neumann, are being sued by minority shareholders to recoup losses as the shared workspace provider pulled its...
Factbox: Failure to launch - The biggest IPO pull-outs of 2019
Private companies seeking to launch on stock markets have abandoned a series of initial public offerings (IPO) this year after a string of high-profile startups —...
U.S. CFTC orders Wells Fargo to pay $14 million over unfair foreign exchange trade
The U.S. Commodity Futures Trading Commission ordered Wells Fargo & Co to pay more than $14 million to settle charges it provided "misinformation" when conducting a...
Activist investor Carl Icahn sells nearly a third of his Occidental Petroleum stake
Activist investor Carl Icahn, who has been waging a bitter battle against Occidental Petroleum Corp's board over its $38 billion acquisition of Anadarko Petroleum, cut his...
Siemens CEO deplores admiration for 'pot smoker' after his deputy praised Tesla
Siemens Chief Executive Joe Kaeser on Friday lamented Germans who fail to recognize true visionaries and instead admire pot smokers who talk about space travel, only...
Italian court convicts Deutsche Bank, Nomura in Monte Paschi derivative trial
An Italian court on Friday convicted 13 former bankers from Deutsche Bank, Nomura and Monte dei Paschi di Siena over derivative transactions that prosecutors say helped...
Wall Street treads water as trade-fueled rally pauses
Wall Street halted a record run on Friday as U.S. President Donald Trump contradicted reports that the United States and China would roll back existing tariffs.
FCC orders station groups to negotiate with AT&T in DirecTV dispute
The Federal Communications Commission on Friday said it was directing nine broadcast station groups to return to the negotiating table over whether to allow local stations...
Gap says still planning Old Navy spin-off as CEO departs
Gap Inc said on Friday it was sticking with plans to spin off its Old Navy brand into a separate company, as Wall Street analysts questioned...
Trade deal doubts clip world stock rally, oil falls
Oil prices fell and global equity markets slid on Friday, halting a week-long rally on hopes an end to the U.S.-China trade war was near, as...