Italy court acquits former Monte dei Paschi finance chief in fraud case
An Italian court on Tuesday acquitted Monte dei Paschi di Siena's former finance chief Gianluca Baldassari and 11 others of charges related to an alleged fraud...
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.
Big banks beat profit expectations but warning signs grow
Three big U.S. banks reported strong earnings on Tuesday, even as warning signs emerged that the playing field is beginning to tilt against the financial industry.
Oil steadies as U.S. supply ramps up after storm
Oil prices steadied on Tuesday, paring gains as U.S. offshore crude production resumed after Hurricane Barry and tensions between the U.S. and Iran were seen easing.
JP Morgan posts an earnings beat, but forecast on interest income disappoints
The Federal Reserve's looming interest rate cuts appears to have impacted J.P. Morgan's forecast for 2019 net interest income.
Wells Fargo falls despite profit beat as executives warn of higher expenses
The bank reported second-quarter profit that beat forecasts, but lower net interest income and caution around expenses weighed on the stock.
Domino's shares slide as same-store sales disappoint
Domino's Pizza Inc reported its slowest U.S. same-store sales growth in at least three years in the second quarter, driving shares lower and raising doubts about...
U.S. retailers gain online shoppers on Amazon's Prime Day: Adobe
Several large U.S. retailers recorded higher sales on the first day of Amazon.com Inc's Prime Day shopping event as online shoppers also flocked to their websites,...
New York City can ban ads inside Uber, Lyft vehicles: U.S. appeals court
A federal appeals court on Tuesday said New York City can ban advertising inside vehicles for companies such as Uber and Lyft.
Dimon downplays Facebook's crypto experiment: 'We're going to be talking about Libra' years from now
Dimon is making his own bet on a digital coin that could transform the global payments landscape: JPM Coin.
Senate opens hearing into Facebook plans for Libra cryptocurrency
U.S. lawmakers from both sides of the aisle were set to grill Facebook Inc on its cryptocurrency plans on Tuesday, as the project continues to draw...
U.S. business inventories rise moderately in May
U.S. business inventories rose moderately in May as sales rebounded, suggesting that inventory accumulation could have been a drag on economic growth in the second quarter.
Strong U.S. retail sales boost economic outlook
U.S. retail sales increased more than expected in June, pointing to strong consumer spending, which could help to blunt some of the drag on the economy...
Wall Street muted after mixed bank earnings
U.S. stock indexes treaded water on Tuesday as Wall Street's big banks swung between gains and losses after their quarterly results drew mixed reactions from investors.
More middle-class families say the 'American dream' is out of reach: Study
More middle-class families now say the American dream is out of reach.
Goldman Sachs profit beats estimates, boosted by strong equities trading
Goldman Sachs Group Inc reported a higher-than-expected quarterly profit on Tuesday as the Wall Street investment bank benefited from higher equities trading revenues.