Boeing 737 MAX groundings plague U.S. airlines even as bookings grow
American Airlines Group Inc and Southwest Airlines Co warned on Thursday of an increasing financial toll from the prolonged Boeing 737 MAX grounding this year even...
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.
Oil rises on Iran tensions, U.S. inventory decline
Oil rose more than $1 on Thursday amid Middle East tensions and a big fall in U.S. crude stocks, but prices faced downward pressure from weak...
U.S. business investment picking up; goods trade deficit narrows
New orders for key U.S.-made capital goods surged in June, but the jump will probably not change expectations that business investment contracted further in the second...
PG&E expects $4.8 billion of initial contribution to California wildfire fund
Power producer PG&E Corp said on Thursday its initial contribution to California's wildfire fund would be about $4.8 billion, and annual contribution about $193 million.
Wall Street dips at open as coporate earnings point to slowing growth
Wall Street opened slightly lower on Thursday after a clutch of earnings reports pointed to a slowing global economy, while the European Central Bank opening the...
Four automakers, California strike compromise on vehicle emissions
Ford Motor Co, BMW AG, Volkswagen AG and Honda Motor Co said on Thursday they have reached a voluntary agreement with the state of California to...
American Airlines sees $400 million pretax hit in 2019 from 737 MAX grounding
American Airlines Group Inc said on Thursday it expected the Boeing 737 MAX grounding to hit its 2019 pretax earnings by about $400 million, sending shares...
Tesla set to lose over $5 billion in value after pushing profit timeline
Shares of Tesla Inc fell 11 percent on Thursday and were set to knock off more than $5 billion in the electric carmaker's market value, a...
Relieved analysts praise Facebook's bang-up results, raise price targets
Brokerages were unanimous in their praise of Facebook after it reported second-quarter profit nearly 6% above estimates
Raytheon profit beats, raises full-year outlook
U.S. weapons maker Raytheon Co on Thursday reported a better-than-expected second-quarter profit and raised its full-year profit and sales outlook, helped by higher sales of missiles...
Comcast second-quarter profit beats Wall Street, misses on revenue
Comcast Corp reported second-quarter profit on Thursday that beat Wall Street estimates as it added more high-speed internet customers, but it lost more video and phone...
'Not a lot to like' — Analysts pan Tesla as the shares are slammed on poor results
Wall Street analysts expressed frustration with the company's second quarter earnings report.
Futures muted after mixed bag of earnings
U.S. stock index futures struggled for direction on Thursday as a clutch of earnings reports again pointed to a slowing global economy, while holding up in...
Nissan to cut 12,500 jobs as crisis deepens after profit wipe out
Nissan Motor Co unveiled its biggest restructuring plan in a decade, axing nearly a tenth of its workforce and flagging possible plant closures to rein in...
Southwest ekes out profit as bookings offset MAX groundings; Newark operations ceased
Southwest Airlines Co eked out a small profit in the second quarter on Thursday as strong bookings offset the financial blow of the grounding of Boeing...