California fire threatens PG&E's plan to raise $14 billion
A wildfire raging in California threatens to destroy more than homes and businesses - it could also undermine bankrupt PG&E Corp's plan to raise $14 billion...
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.
Carmakers and repair shops clash as automation upends aftermarket
The rapid rise of crash-avoidance technology has set carmakers and repair shops on course for a collision that could determine who controls the $800 billion auto...
Fed and $50 billion auto merger plan temper share price pullback
World shares slipped off 21-month highs on Wednesday as the prospect of a U.S. rate cut was offset by reports a Sino-U.S. trade deal may be...
Apple CEO's handling of trade war has helped buoy shares, investors say
When Apple Inc reports results on Wednesday, Wall Street expects flat fiscal fourth-quarter sales and lower full-year revenue compared with the prior year, mostly because of...
Yum misses profit estimates as GrubHub stake bites; shares fall
Pizza Hut and KFC parent Yum Brands Inc reported quarterly profit below market expectations on Wednesday, hurt by poor performance at GrubHub Inc , the food...
Stock futures flat as earnings pour in; Fed decision looms
U.S. stock index futures were little changed on Wednesday as investors digested a fresh batch of earnings reports ahead of a widely expected interest rate cut...
Goldman analyst after GrubHub's 40% plunge: 'We got this wrong'
Goldman Sachs downgraded GrubHub to neutral from buy and slashed its 12-month price target to $30 from $86, after the dismal earnings report.
U.S. agrees $1 billion 1MDB forfeiture deal with Malaysia's Jho Low
The U.S. Justice Department on Wednesday reached its biggest civil forfeiture deal in agreeing to recover almost $1 billion in funds Malaysian financier Jho Low and...
General Electric shares jump after earnings beat, company raises 2019 cash flow forecast
General Electric on Wednesday reported earnings and revenue that topped analysts' expectations.
Exclusive: J&J's own expert, working for FDA, found asbestos in Baby Powder
Ever since Johnson & Johnson disclosed this month that a government test had turned up asbestos in its Baby Powder, the company has attacked the validity...
U.S. lawmakers will press Boeing CEO on Day 2 of testimony
Boeing Co Chief Executive Dennis Muilenburg will face a second day of questions Wednesday from U.S. lawmakers on its now grounded 737 MAX after sharp criticism...
Trade and Fed rate worries offset $50 billion M&A deal news, sapping stocks' strength
World shares slipped off 21-month highs on Wednesday as the prospect of a U.S. interest rate cut was offset by reports a Sino-U.S. trade deal may...
Former Exxon chief Rex Tillerson to testify in climate change fraud trial
Former Exxon Mobil Corp Chief Executive Rex Tillerson is expected to take the stand on Wednesday in a closely watched civil lawsuit accusing the company of...
Oil steady as trade concerns vie with drop in inventories
Oil prices fell on Wednesday as worries over a possible delay in resolving the U.S.-China trade war which has hurt global oil demand competed with a...
Fly Emerson Air: How a U.S. company deploys its seven corporate jets
As Tiger Woods staged his dramatic comeback at Augusta National Golf Club earlier this year, most of Emerson Electric Co's fleet of luxury corporate jets swooped...