Thyssenkrupp board member commits to steel ahead of unit review
Thyssenkrupp will remain committed to its Steel Europe division, which faces 2,000 layoffs, a board member said on Thursday, just weeks before the conglomerate presents a...
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.
Mitt Romney has a new plan to fix Social Security. Critics say it isn't a solution
A new Congressional proposal calls for creating a bipartisan committee to tackle Social Security's funding issues. Some advocacy groups are worried that those plans could bring...
Altria writes down Juul investment by $4.5 billion amid vaping backlash
Altria Inc took a $4.5 billion hit from its investment in embattled electronic-cigarette maker Juul Labs Inc on Thursday, the latest setback for the startup as...
U.S. consumer spending rises moderately, wages flat
U.S. consumer spending rose marginally in September while wages were unchanged, which could cast doubts on consumers' ability to continue driving the economy amid a deepening...
U.S. labor costs rise in third quarter
U.S. labor costs increased in the third quarter as a tightening labor market lifted wages across the board.
There's an Apple business growing at a 50% clip that's wowing Wall Street analysts
"Huge AirPod growth" helped drive Apple's earnings, Bernstein's Toni Soccanogahi said.
Fiat Chrysler third-quarter operating profit tops expectations on North America
Fiat Chrysler on Thursday posted higher than expected operating earnings for the third quarter, lifted by its North-American business, as the carmaker heads to a merger...
Lazard axes 200 jobs after business review
Investment bank Lazard has axed about 200 employees after a review of its business, Chief Financial Officer Evan Russo said on Thursday.
Lazard's profit falls amid slowdown in global dealmaking
Investment bank Lazard reported a 21% drop in third-quarter adjusted net income amid a slowdown in worldwide deal activity, though the decline was smaller than analysts...
Ukraine decries Nord Stream 2 approval, says it weakens Europe
Denmark's decision to approve the Nord Stream 2 gas pipeline, designed by Moscow to bypass Ukraine, strengthens Russia and weakens Europe, Ukrainian President Volodymyr Zelenskiy said...
Altria takes $4.5 billion charge as Juul investment sours amid vaping backlash
Altria Inc took a $4.5 billion hit from its investment in electronic-cigarette maker Juul Labs Inc on Thursday as it faced up to the financial fallout...
Trade war fears are spoiling Apple's great quarter as stock is just slightly higher
The tech giant just reported stronger-than-expected earnings for the fourth quarter, but its stock is up only slightly.
SNC-Lavalin names Ian Edwards as CEO
SNC-Lavalin Group Inc said on Thursday it named interim head Ian Edwards as its chief executive officer.
Bristol-Myers posts better-than-expected results, Opdivo growth slows
U.S. drugmaker Bristol-Myers Squibb Co reported higher-than-expected third-quarter profit on Thursday, helped by strong sales of blood thinner Eliquis, even as growth of its blockbuster cancer...
Thomson Reuters operating profit tops Wall Street estimates
Thomson Reuters Corp , parent of the Reuters News agency, reported higher-than-expected quarterly operating profit on Thursday and affirmed its 2019 and 2020 estimates.