U.S. lawmakers question Boeing's $1 mln rebate clause for Southwest 737 MAX orders
To convince Southwest Airlines Co to buy the Boeing 737 MAX, the plane maker reassured the airline that pilots would not need expensive simulator training 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.
GE still sees $1.4 billion cash cost from Boeing 737 MAX grounding in 2019
General Electric Co still expects the grounding of Boeing Co's 737 MAX jetliner to reduce its cash flow by $1.4 billion in 2019, provided the aircraft...
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...
Two plead guilty in conspiracy involving Uber, LinkedIn, others: U.S. Justice Dept
Two hackers pleaded guilty in federal court on Wednesday for a conspiracy to extract bounties from Uber Technologies Inc , LinkedIn and other corporations in exchange...
When Fed cuts interest rate three times and pauses, it's great for stocks, history shows
Data show that when the third interest rate cut was the last cut in a series, stocks got a healthy boost in the following year.
Rex Tillerson says Exxon didn't downplay costs, testifying in climate change fraud trial
Former Exxon CEO Rex Tillerson took the stand on Wednesday in week two of New York's case against the oil giant, which accuses the company of...
Wall St. pares losses, Treasury yield curve flattens after Fed rate cut
Wall Street pared earlier losses and the U.S. Treasury yield curve flattened on Wednesday after the Federal Reserve cut interest rates, as expected.