GrubHub, Pizza Hut troubles dent Yum profits; shares fall
Yum Brands Inc missed third-quarter profit expectations on Wednesday, hit by a write down in the value of its investment in delivery company GrubHub and unrelenting...
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.
General Electric CEO does not expect 737 MAX to be in service this year
General Electric Co is not planning for the Boeing Co 737 MAX jetliner to return to service this year, GE Chief Executive Officer Larry Culp said...
Consumers prop up U.S. economy as business spending retrenches
U.S. economic growth slowed less than expected in the third quarter as declining business investment was offset by resilient consumer spending and a rebound in exports,...
Former Exxon chief Rex Tillerson testifies in climate change fraud trial
Former Exxon Mobil Corp Chief Executive Rex Tillerson took the witness stand in Manhattan state court on Wednesday to testify in a closely watched civil lawsuit...
Wall Street opens higher as focus shifts to Fed
U.S. stocks opened modestly higher on Wednesday as investors digested another set of earnings reports ahead of a widely expected interest rate cut by the Federal...
UK union seeks meeting with Peugeot over potential Fiat tie-up fears
Britain's biggest trade union Unite wants a meeting with management at French carmaker Peugeot over a possible tie-up with Fiat Chrysler, saying merger talks and uncertainty...
Explainer: What is driving Fiat Chrysler and Peugeot merger talks?
Fiat Chrysler and Peugeot owner PSA are in talks to combine and create a $50 billion giant better placed to tackle a host of costly technological...
With Disney, Apple about to enter, the streaming wars are just beginning
Apple Inc's Apple TV+ and Walt Disney Co's Disney+ will launch competitors to streaming video pioneer Netflix Inc in November. Several others already have hit the...
Fed Chair Powell is 'overdue for a press conference gaffe,' says Wells Fargo
On the eve of the Fed's announcement, some on Wall Street started to get flashbacks to Chair Jerome Powell's communication miscues.
Timeline: Fiat Chrysler and Peugeot merger talks mark next round of consolidation
FiatChrysler and France's Peugeot said they are in talks about a potential tie-up, the latest bout of auto industry consolidation as the costs of developing zero-emissions...
Italian trade union fears FCA-Peugeot tie-up could hit Italian plants
Italian trade union FIOM said on Wednesday it feared a possible tie-up between Fiat Chrysler and Peugeot owner PSA could hurt Italian factories.
Fiat Chrysler and Peugeot in talks over potential $50 billion tie-up
Talks between Fiat Chrysler and Peugeot owner PSA over a potential tie-up that could create a $50 billion car giant gathered pace on Wednesday, with one...
U.S. private sector job growth picks up in October: ADP
U.S. private employers added 125,000 jobs in October, slightly above economists' expectations, a report by a payrolls processor showed on Wednesday.
U.S. economy slows marginally in the third quarter
U.S. economic growth slowed less than expected in the third quarter as declining business investment was offset by resilient consumer spending and a rebound in exports,...
BP says no decision yet on 2019 dividend hike
BP has yet to decide whether to boost its dividend by the end of the year, it said on Wednesday, after its shares fell sharply on...