Uber posts wider quarterly loss as costs rise, shares drop nearly 7%
Uber Technologies Inc on Monday posted a wider third-quarter loss as costs at the ride-hailing company soared, sending shares down 6.7% in after-hours trading.
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.
U.S. House Democrats to continue probe after Boeing testimony
The chairman of the U.S. House Transportation and Infrastructure Committee and the head of its aviation subcommittee said on Monday that it will continue its investigation...
Chinese Regulators Move To Shutter P2P Lenders
Paymnts Oct 31, 2019 Shanghai regulators are ordering more than 40 peer-to-peer (P2P) lenders to get ready to close shop, the Financial Times (FT) reported on...
SoftBank to tighten governance at start-ups after WeWork debacle
SoftBank Group Corp is expected to outline tougher governance standards and restrictions on dual-class share structures on Wednesday after WeWork pulled its IPO, the Financial Times...
U.S. urged to invest more in AI; ex-Google CEO warns of China's progress
U.S. government funding in artificial intelligence has fallen short and the country needs to invest in research, train an AI-ready workforce and apply the technology to...
Uber misses on riders, beats revenue estimates as lockup expiry looms
Uber Technologies Inc on Monday missed Wall Street estimates for monthly active users for its ride-hailing platform, even as it posted better-than-expected quarterly revenue, sending shares...
China pushing Trump to remove more tariffs ahead of trade deal: Politico
China is pushing U.S. President Donald Trump to remove more tariffs imposed in September ahead of the signing of the U.S.-China trade deal, Politico reported https://politi.co/2pG6B9M...
Comcast launches tools to improve ad targeting on TV
Comcast Corp on Monday launched new advertising capabilities to help advertisers find and target certain television viewers, as the largest U.S. cable TV provider tries to...
Germany to hike electric car subsidies as VW launches car
Germany plans to increase by half the grants available to buyers of electric cars over the five years from 2020, according to a government document seen...
India rejects China-backed Asian trade deal, as others move ahead
China joined 14 countries on Monday in agreeing terms for what could be the world's biggest trade pact, but India pulled out at the last minute...
Caterpillar lays off 120 workers as trade war hits sales
Caterpillar Inc has laid off 120 temporary workers at a plant in Texas following its decision to cut production in the wake of a fall in...
U.S. House Democrats say Boeing CEO testimony prompts new questions
The chairman of the U.S. House Transportation and Infrastructure Committee and the head of its aviation subcommittee said on Monday that Boeing's testimony on two fatal...
Indexes hit closing records amid further trade deal optimism
All three major U.S. stock indexes posted record closing highs on Monday, extending a recent run of gains on further hopes of a U.S.-China trade deal.
Stocks gain on trade hopes, risk appetite lifts dollar
The dollar strengthened and global stock markets rallied on Monday on signs the United States and China are nearing the end of a damaging trade war...
Oil rises on U.S.-China hopes and improved outlook
Oil prices rose on Monday, buoyed by an improved outlook for crude demand as better-than-expected U.S. jobs growth added to market hopes a preliminary U.S.-China trade...