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...
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.
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.
Exclusive: Alibaba to resume Hong Kong listing plans as soon as November - sources
Alibaba Group Holding Ltd is eyeing a listing in Hong Kong as early as November to raise up to $15 billion, after political unrest in the...
Italy respects market nature of FCA-PSA deal but must be vigilant: minister
Italy respects the market nature of a possible merger between Fiat Chrysler and Peugeot-owner PSA but is also aware that such a crucial sector warrants high...
PSA CEO Tavares gets board's green light to pursue FCA merger: source
The supervisory board of Peugeot maker PSA agreed on Wednesday to give Chief Executive Carlos Tavares the go-ahead to pursue a merger with Italy's Fiat Chrysler...
Southwest had $1 million per 737 MAX rebate clause on training
Boeing Chief Executive Dennis Muilenburg said on Wednesday Southwest Airlines Inc had a $1 million per plane rebate clause in a contact with Boeing Co if...
Here's the tax bill on Powerball, Mega Millions jackpots so far this year
The 12 winners who have hit Powerball and Mega Millions jackpots in 2019 — worth an advertised $3.3 billion in all — have paid the IRS...
Kuwait, Gulf central banks cut key rates following Fed
Kuwait’s central bank cut its benchmark interest rate on Wednesday, joining the Federal Reserve-led monetary easing cycle with its Gulf peers for the first time since...
Instant View: Markets take Fed cut, pause signal in stride
U.S. stocks firmed slightly and yields on Treasuries gyrated in narrow ranges on Wednesday after the Federal Reserve lowered interest rates for the third time this...
U.S. Fed cuts interest rates, and signals it is on hold
The Federal Reserve on Wednesday cut interest rates for the third time this year to ensure the U.S. economy weathers a global trade war without slipping...
Chile cancels APEC trade summit and COP25 climate gathering as Santiago burns
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...
Air Premia braces for long-haul battle with new Boeing 787s
South Korean carrier Air Premia announced on Wednesday a provisional deal to buy five Boeing 787-9 Dreamliner jets worth $1.4 billion at list prices, becoming the...
GE shares surge as it raises cash forecast despite earnings loss
General Electric Co posted adjusted profits on Wednesday that beat analysts' estimates and wowed investors by promising $1 billion more cash this year than it had...
GE shares jump after earnings beat, company raises cash flow forecast
On a nonadjusted basis, and including certain accounting charges, GE still lost $9.5 billion in the quarter.
Here's what the Fed's interest rate cut really means to you
For everyday Americans, the Fed's decision to cut rates again could mean cheaper loans, but consumers will earn less interest on their savings.