BP exits Alaska with $5.6 billion sale to Hilcorp
British oil major BP said on Tuesday it had agreed to sell its Alaskan operations for $5.6 billion to privately held oil and natural gas explorer...
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.
Robocop vs. Terminator in Fintech; Comparing DeFi originations to Digital Lenders in the early years
Future of Finance Lex Sokolin Aug 27, 2019 I've got a gentle, data-backed story this week inspired by a great distinction made in this Techonomy article...
U.S. yield inversion deepens, stokes recession fears
The U.S. yield curve inversion deepened on Tuesday to levels not seen since 2007, rekindling fears of a looming recession that spurred a sell-off on Wall...
Purdue Pharma in discussion on $10 billion-$12 billion offer to settle opioid claims: sources
OxyContin maker Purdue Pharma and its owners, the Sackler family, is in discussion to settle more than 2,000 lawsuits against the company for $10 billion to...
GlobalFoundries seeks to ban U.S. import of TSMC clients' products
Contract chipmaker GlobalFoundries has sued larger rival Taiwan Semiconductor Manufacturing Co (TSMC) for patent infringement, seeking to stop the defendant's customers including Apple from importing affected...
Three U.S. bond kings wield same strategy, get same result: lag their peers
Three names dominate the U.S. world of bond investing - Jeffrey Gundlach, Dan Ivascyn and Scott Minerd. But funds run by these star investors are lagging...
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...
Stock futures edge higher as investors weigh mixed signals on trade war
U.S. stock index futures recovered from overnight declines on Tuesday, pointing to a positive start for Wall Street as investors assessed conflicting comments from Washington and...
Papa John's hires Arby's head as CEO to turnaround struggling pizza chain
Papa John's International Inc on Tuesday named Arby's Restaurant Group Inc President Rob Lynch as its chief executive officer, replacing Steve Ritchie barely 19 months after...
Roku is growing even faster than Netflix did at the same point, analyst says
William Blair expects Roku to reach 80 million active accounts by 2025.
Everything's fine. That makes it the perfect time to start saving for when things go wrong
If you think saving is hard, make it easier to stay motivated by visualizing your goal
Norway wealth fund should move more investment to North America, central bank says
Norway's $1 trillion sovereign wealth fund should shift billions in investments from European stock markets and instead invest more in the United States and other North...
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,...
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...
Wall Street opens higher, trade hopes build
U.S. stocks opened higher on Tuesday as investors held their hopes on a resolution to the prolonged trade dispute between the world's two largest economies despite...