Without deal, WeWork would have been out of money by next month, sources say
WeWork announced Tuesday that SoftBank will provide $5 billion in new financing and up to $3 billion in a tender offer for existing shareholders.
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.
Google claims 'quantum supremacy'; others say hold on a qubit
Google said on Wednesday it had achieved a breakthrough in computer research, by solving a complex problem in minutes with a so-called quantum computer that would...
Wall Street opens mixed as Boeing offsets weak earnings reports
U.S. stocks opened mixed on Wednesday as Boeing rose after reaffirming the timeline for its grounded 737 MAX's return to service, countering losses from Caterpillar and...
Democrats hope to cut for-profit schools off from federal funding
A bill introduced this month would ban the U.S. Department of Education from sending its federal grants and loans to for-profit colleges.
Oil slips as U.S. stocks rise; prospect of OPEC action supports
Oil prices slipped toward $59 a barrel on Wednesday on data showing a bigger-than-expected rise in U.S. crude stocks, while the prospect of deeper output cuts...
Blackstone third-quarter earnings drop less than expected
Blackstone Group Inc , the world's largest manager of alternative assets such as private equity and real estate, said on Wednesday its distributable earnings in the...
Boeing ousts airliner chief as 737 MAX crisis grows
Boeing Co on Tuesday ousted the top executive of its commercial airplanes division, Kevin McAllister, marking the first high-level departure since two fatal crashes of its...
Futures drop as Caterpillar, Texas Instruments weigh
Wall Street was set to open lower on Wednesday after warnings from Caterpillar and Texas Instruments rekindled worries about a global economic slowdown due to U.S.-China...
Health insurer Anthem raises 2019 profit forecast after beat
Health insurer Anthem Inc reported a better-than-expected quarterly profit and raised its full-year forecast on Wednesday, riding on higher sales of its government-backed health plans.
UBS upgrades Coca-Cola, says its stable earnings growth perfect for these 'defensive times'
Coca-Cola's new business strategy make the company's stock a good investment opportunity, according to UBS.
Here are the biggest analyst calls of the day: Apple, Alphabet, Coca-Cola & more
Here are the biggest calls on Wall Street on Wednesday
Caterpillar cuts profit outlook as China sales slump
Industrial bellwether Caterpillar Inc fell short of Wall Street estimates for quarterly profit on Wednesday and cut its forecast for overall earnings in 2019, as it...
Snap rises as Wall Street embraces profitability promise
Shares of Snap Inc reversed initial losses following Tuesday's results, rising 4% in early trade as analysts focused on strong third-quarter numbers rather than a disappointing...
Goldman Sachs says oil prices are going nowhere next year
International benchmark Brent crude is likely to continue trading at around $60 a barrel next year, Goldman Sachs said on Wednesday.
Caterpillar profit falls short on weak demand; cuts earnings outlook
Caterpillar Inc fell short of Wall Street estimates for quarterly profit on Wednesday, hit by weak demand in its construction and mining equipment businesses, and the...