Exclusive: WeWork owner creates committee to decide on financing lifeline
WeWork owner, The We Company, has formed a special board committee to consider proposals for a $5 billion financing lifeline from its largest shareholder SoftBank Group...
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.
Sterling falters as Brexit deal hope fades, shares pause after five-day rally
Sterling faltered on fading hopes of a Brexit deal on Thursday, while a five-session rally in Asian stocks ran out of steam as weak U.S. retail...
Unilever misses estimates as sales slow in China and India
Consumer goods giant Unilever reported weaker than expected third-quarter sales, citing softer demand in India and a slowdown in China, two of its biggest emerging markets.
China grants Tesla car manufacturing certificate: industry ministry
China's industry ministry on Thursday said it has added Tesla Inc to a government list of approved automotive manufacturers, granting the manufacturing certificate that the electric...
As 'Cannabis 2.0' kicks off in Canada, industry strangled by limited retail outlets
A year after Canada legalized use of recreational marijuana cannabis stocks have lost half their market value, and investors betting that the launch of higher-margin pot-infused...
Ericsson third-quarter core profit tops forecast, lifts 2020 sales target
Telecoms equipment maker Ericsson reported quarterly core earnings far ahead of market expectations on Thursday and lifted its 2020 sales target citing a stronger market and...
Qatar Airways says may convert orders for Boeing 777-8 jet to 777-9
Qatar Airways said it may convert its 10 orders for the Boeing Co ultra-long-range 777-8 widebody jet to the larger 777-9, depending on the performance of...
Nestle posts slightly slower sales growth, revamps waters business
Food group Nestle announced a new share buyback program of up to 20 billion Swiss francs ($20.13 billion) and changes to its waters business on Thursday...
'Panama Papers' law firm sues Netflix over film based on scandal
Mossack Fonseca, a Panamanian law firm at the center of the "Panama Papers" scandal, has filed a lawsuit against Netflix Inc over its new movie based...
SEC freezes assets of 18 China-based traders over manipulation
The U.S. Securities and Exchange Commission said on Wednesday that it has obtained an asset freeze against 18 China-based traders over a market-manipulation scheme.
IBM quarterly revenue misses, shares fall
International Business Machines Corp missed analysts' estimates for third-quarter revenue on Wednesday, overshadowing a profit beat and sending its shares down 3% in extended trading.
Fiat Chrysler faces $79 million U.S. penalty for fuel economy shortfall
Fiat Chrysler Automobiles NV faces a $79 million U.S. civil penalty for failing to meet 2017 fuel economy requirements, the automaker confirmed Wednesday.
S&P 500 dips as economic data, trade worries offset upbeat earnings
The benchmark S&P 500 stock index edged lower on Wednesday as weak U.S. economic data and simmering geopolitical tensions spooked buyers away from the equities market,...
Weak U.S. retail sales cast shadow over slowing economy
U.S. retail sales fell for the first time in seven months in September, suggesting that manufacturing-led weakness could be spreading to the broader economy, keeping the...
UAW, GM leaders have a deal to end strike, now workers will decide
General Motors Co and the United Auto Workers union reached a tentative deal on Wednesday for a new four-year labor deal, moving closer to ending a...