Hedge fund D.E. Shaw raises pressure on Emerson, calls for breakup
Hedge fund D.E. Shaw on Tuesday increased the pressure on Emerson Electric Co by publicly urging a breakup of the U.S. industrial conglomerate, a move it...
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.
Fidelity to review ties with money manager after 'inappropriate' comments
Fidelity Investments criticized money manager Kenneth Fisher on Tuesday over what it called inappropriate remarks he made at an investment conference last week, saying it was...
Buffett's Berkshire seeks Fed leeway to boost BofA bet: Bloomberg
Warren Buffett's Berkshire Hathaway Inc is seeking permission from the Federal Reserve to boost its stake in Bank of America Corp above the 10% level, Bloomberg...
Fidelity criticizes money manager Fisher, who loses Philadelphia as client
Fidelity Investments on Tuesday said it was reviewing its relationship with money manager Ken Fisher and Philadelphia's board of pensions said it terminated its business with...
Nevada gaming regulators seek ban on Steve Wynn from state's casino industry
Nevada gaming regulators are seeking a ban on former Wynn Resorts Ltd chief Steve Wynn from the state's casino industry, citing allegations of sexual misconduct that...
Oil steady, retraces losses on talk of Brexit deal, hints of OPEC supply restraint
Oil prices were narrowly mixed on Tuesday, retracing early losses on optimism about a potential Brexit deal and signals from OPEC that further supply curbs are...
Some brokers game the system to scrub complaints from their records, report claims
A new report from an investor advocacy group claims that some brokers and brokerages are abusing the regulatory system to erase customer complaints against them.
Use these time-tested strategies to make sure you don't spend too much in retirement
People entering retirement will have to devise a smart strategy of how to spend their savings.
Goldman Sachs says it marked down WeWork stake by $80 million
Still, Goldman's WeWork writedown was smaller than the $264 million estimate of Morgan Stanley analyst Betsy Graseck.
WeWork bond prices at record low on possible debt-heavy financing deal
The price of WeWork's U.S. junk bond fell to an all-time low on Tuesday, last trading at 78 cents on the dollar, as the company weighed...
Big banks say U.S. consumers sturdy as businesses quiver with growth fears
Quarterly results from four of the largest U.S. banks on Tuesday showed that American consumers are helping to prop up the economy, even as recession fears...
Fidelity reviewing ties with Ken Fisher after 'inappropriate' comments
Fidelity Investments said on Tuesday it is reviewing its relationship with Ken Fisher after the investment firm leader made "highly inappropriate comments" at a conference last...
Despite political headwinds, Huawei wins 5G customers in Europe
China's Huawei may be facing closer official scrutiny in Europe amid U.S. allegations that it poses a security threat, but mobile operators in the region are...
Futures rise as third-quarter earnings start on strong note
U.S. stock index futures rose on Tuesday, as the third-quarter earnings season got off to an upbeat start with robust reports from JPMorgan Chase, UnitedHealth and...
Former Thomas Cook boss defends record after firm's collapse
The former chief executive of bankrupt travel firm Thomas Cook said on Tuesday he understood public anger over his pay but defended his record, saying he...