Philip Morris in talks to merge with Altria
Philip Morris International Inc and Altria Group Inc said on Tuesday they were in talks for an all-stock merger, potentially reuniting the tobacco giants after more...
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.
Asia stocks, bond yields rise on hopes of easing trade war tension
Asian stocks rose in step with their global peers on Tuesday while safe-haven bonds retreated, after U.S. President Donald Trump softened his tone against China and...
Crowds force Costco to shut maiden China store early on opening day
U.S. hypermarket chain Costco Wholesale Corp was forced to shut its first store in China early on its opening day on Tuesday, according to state media,...
Purdue Pharma in discussion on $10 billion-$12 billion offer to settle opioid lawsuits: sources
OxyContin maker Purdue Pharma LP and its owners, the Sackler family, are in discussion to settle more than 2,000 opioid lawsuits against the company for $10...
Hyundai Motor, South Korean union reach tentative wage deal without strike
Hyundai Motor and its South Korean union reached a tentative wage deal without resorting to a strike for the first time in eight years, a union...
Gold, Treasuries rise as recession, trade fears rattle investors
Declining stocks on Wall Street weighed down a global equities gauge on Tuesday on lingering worries about the U.S.-China trade war, while demand for U.S. Treasuries...
Facebook expands 'Local Alert' tool in bid to help in emergencies
Facebook announced on Tuesday that it was rolling out a tool that aims to provide users with potentially life-saving information in emergencies, as it seeks to...
Navigating the trade war: How to invest during turmoil
The start-and-stop progress of negotiations between the United States and China aimed at ending the trade war between the world's two largest economies is souring Wall...
BP to quit Alaska after 60 years with $5.6 billion sale to Hilcorp
British oil major BP Plc on Tuesday agreed to sell all its Alaskan properties for $5.6 billion to privately held Hilcorp Energy Co, exiting a region...
Fed divided on policy, discount rate votes show
U.S. central bankers may have been more deeply divided than previously understood over the decision last month to cut interest rates for the first time in...
Explainer: Ex-Google engineer faces severe penalties in self-driving trade secrets case
U.S. prosecutors on Tuesday brought a criminal case against a former high-ranking Google engineer, alleging he stole confidential technology from the company's self-driving car unit before...
Ex-Google engineer charged with taking stolen self-driving secrets to Uber
The U.S. Department of Justice on Tuesday filed criminal charges accusing Anthony Levandowski, a pioneer in self-driving car technology, of stealing trade secrets from his former...
Wall Street slips as financials drag, trade outlook clouds
Wall Street slipped on Tuesday, weighed down by financial stocks as a deepening of the Treasury yield curve inversion raised U.S. recession worries and uncertainty over...
Oil futures extend gains on larger-than-expected U.S. crude draw
Oil prices rose in volatile trade on Tuesday supported by expectations of a drawdown in U.S. crude inventories, though gains were capped by worries about a...
Deutsche Bank says records sought in Trump congressional probe include tax returns
Financial records related to U.S. President Donald Trump and three of his children that congressional Democrats have requested from Deutsche Bank AG include tax returns, the...