SoftBank adds to financial burden with $10 billion WeWork deal
SoftBank Group Corp's financial strains escalated on Wednesday as it agreed to spend more than $10 billion to take over office-space sharing startup WeWork, knocking the...
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.
China factory production key as Tesla reports third-quarter results
Tesla Inc is conducting trial production runs at its new $2 billion China factory for the past several weeks and will sell some of the first...
China's premier says cooperation with the U.S. can create mutual benefit
China's premier Li Keqiang says cooperation between China and the United States can create mutual benefit, as negotiations between the world's two largest economies over a...
Global shares hit by tech problems and Brexit snags
World stock markets fell on Wednesday, as hopes faded that a Brexit deal would be wrapped by next week and a profit warning from Texas Instruments...
Huawei launches foldable phone in China at prices starting from $2,400
Huawei Technologies Co Ltd started taking orders on Wednesday in China for its eagerly awaited foldable smartphone, as it ramps up marketing at home to make...
Samsung updates software to fix fingerprint recognition problem
Samsung Electronics Co Ltd has updated software to fix problems with fingerprint recognition features on its flagship Galaxy S10 and Note 10 smartphones, it said on...
Brewer Heineken tempers profit hopes as Americas slip
Heineken , the world's second-largest brewer, forecast profit this year would be at the bottom end of its previous guidance after an unexpected dip in third-quarter...
Health insurer Anthem profit beats, raises 2019 earnings forecast
Anthem Inc reported a better-than-expected quarterly profit on Wednesday as it benefited from higher sales of its government-backed health plans, prompting the health insurer to raise...
Caterpillar profit falls 13.5%; cuts 2019 profit outlook
Caterpillar Inc reported a 13.5% fall in quarterly profit on Wednesday, hit by weak demand in its construction and resources units, and the company cut its...
Zuckerberg faces grilling on Facebook's ambitious digital currency plans
Facebook Inc chief executive Mark Zuckerberg will be grilled by lawmakers over the company's plan to launch a digital currency and efforts to prevent foreign election...
Eli Lilly reports 9% rise in third-quarter profit
Eli Lilly and Co reported a 9.1% increase in third-quarter profit on Wednesday, helped by higher sales of its top-selling diabetes drug, Trulicity, and lower tax...
Brazil narrows field to China, Russia, France for Angra 3 nuclear partner
Brazil's state nuclear power company Eletronuclear plans to complete its long-delayed Angra 3 plant by partnering with either China's National Nuclear Corporation (CNNC), France's EDF or...
American drivers warming to self-driving cars - survey
About 40% of adult Americans drivers are leaning more to buying self-driving cars in the future as they look to snack, chat on their phone or...
Hedge fund titan Paul Tudor Jones is apparently a fan of presidential hopeful Pete Buttigieg
Billionaire hedge fund investor Paul Tudor Jones voices his support for Democrat Pete Buttigieg at a recent gala, according to a report.
WeWork plans to lay off 4,000 staff - FT
Office-sharing startup WeWork is planning to cut as many as 4,000 jobs as a part of a turnaround plan put in place by top shareholder Japan's...