Boeing 737 MAX grounding a drag on Canadian investment in machinery, equipment
The global grounding of Boeing's 737 MAX jet is weighing on Canadian economic investment in machinery and equipment, with carriers unable to take deliveries of the...
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.
Uber takes aim at 'patchwork' of ride share taxes in Illinois
Uber Technologies Inc on Wednesday sued a Chicago suburb over a new ride share tax, while calling on Illinois lawmakers to address the state's "emerging patchwork"...
3iQ’s “the Bitcoin Fund” Receives Favourable Ruling From Ontario Securities Commission Panel
3iQ Fred Pye Oct 30, 2019 TORONTO--(BUSINESS WIRE)--3iQ Corp. (3iQ), a Canadian investment fund manager focused on disruptive technologies and the digital asset space, announced today...
S&P closes at record on Fed bump
U.S. stocks advanced on Wednesday, with the S&P 500 closing at a record for the second time in three sessions, after a policy statement by the...
U.S. Fed lowers interest rates, signals it is on hold
The Federal Reserve on Wednesday cut interest rates for the third time this year to help sustain U.S. growth despite a slowdown in other parts of...
Chile cancels APEC trade summit and major climate gathering after riots
Chile withdrew on Wednesday as the host of an APEC summit next month at which the United States and China had been expected to sign a...
Fiat Chrysler board approves moving forward with Peugeot merger: sources
Fiat Chrysler Automobiles NV's board of directors has approved moving forward with talks to merge with French automaker Peugeot SA , a person familiar with the...
Peugeot board gives a green light to FCA talks: source
The supervisory board of Peugeot maker PSA on Wednesday gave Chief Executive Carlos Tavares the go-ahead to pursue a $50 billion merger with Italy's Fiat Chrysler...
Facebook beats revenue, profit estimates, shares rise
Facebook Inc beat analysts' estimates for quarterly revenue and profit on Wednesday, driven by a steady rise in advertising.
Lyft trumps revenue estimates as it attracts more riders
Ride-hailing company Lyft Inc blew past Wall Street estimates for third-quarter revenue on Wednesday, as promotions attracted more active users who also spent more per ride.
MetLife quarterly profit more than doubles on derivative gains
U.S. insurer MetLife Inc on Wednesday reported third-quarter profit that more than doubled from a year earlier, largely because derivatives that the U.S insurer uses for...
Wall St. gains, U.S. Treasury yields fall after remarks by Fed's Powell
Wall Street gained ground and U.S. Treasury yields fell on Wednesday after the Federal Reserve signaled a pause in the current easing cycle following the expected...
Starbucks beats same-restaurant sales estimates on digital push
Starbucks Corp beat quarterly same-restaurant sales estimates on Wednesday, as the world's largest coffee chain's loyalty program and new delivery options boosted demand and helped fend...
Boeing CEO Muilenburg resists multiple calls for resignation
Boeing Chief Executive Dennis Muilenburg on Wednesday spurned repeated calls to step down by U.S. lawmakers and from the mother of a young woman who was...
Apple shares rise on holiday forecast powered by Watches, AirPods and streaming
Apple Inc on Wednesday forecast sales for the crucial holiday shopping quarter that beat Wall Street expectations, with Chief Executive Tim Cook saying that new iPhone...