Futures turn positive after Fed chief Powell's remarks
U.S. stock index futures turned positive on Wednesday after Federal Reserve Chair Jerome Powell said the central bank was ready to "act as appropriate" to sustain...
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.
Fed's Powell says trade, global growth concerns continue to weigh on U.S. economy
Concerns about trade policy and a weak global economy "continue to weigh on the U.S. economic outlook" and the Federal Reserve stands ready to "act as...
Here are the 5 best and 5 worst states for retirement
Bankrate.com rated all 50 states from best to worst for retirement, factoring in weather, crime rates, cultural opportunities and affordability.
Oil gains on U.S. inventory drawdown, Gulf of Mexico storm
Oil prices rose more than 2% on Wednesday after industry data showed U.S. inventories fell more than expected and as major U.S. producers evacuated rigs in...
Volvo solves autonomous revenue riddle with package deals
Swedish truckmaker AB Volvo's first commercial autonomous truck deal shows how it is bundling services to generate revenue from a technology that is years away from...
Workers at Chilean Walmart retailers strike over wages
As many as 17,000 workers at Walmart´s largest union in Chile walked off the job early Wednesday morning, demanding better salaries after negotiations over a new...
American Airlines raises unit revenue forecast, shares rise
American Airlines Group Inc on Wednesday raised its estimate for second-quarter unit revenue as the grounding of Boeing Co's MAX jets left the No. 1 U.S....
Goldman says buy UPS, Fedex because concern Amazon is cutting them out is overblown
Goldman Sachs is recommending buying FedEx and UPS, seeing more than 20% gains for both stocks, as the logistics companies are seen competitive against new entrants...
Wall Street opens higher after Powell's remarks boost rate cut hopes
U.S. stocks opened higher on Wednesday as hopes of an interest rate cut later this month were boosted by Federal Reserve Chairman Jerome Powell's comment that...
With big shows leaving service, Netflix will have to do better than comedy specials, analyst says
With new streaming services snatching up beloved series, Netflix is pivoting towards comedy specials and documentaries to drive viewing hours and to ward off competition.
Skeptical Deutsche Bank investors to grill Sewing on revamp roadshow
Deutsche Bank shareholders will quiz Chief Executive Christian Sewing on how he plans to deliver on revenue growth targets during a global roadshow to win their...
Oil jumps 3% on U.S. crude stocks draw, Gulf of Mexico storm
Oil prices jumped 3% on Wednesday after U.S. crude inventories shrank more than expected and as major producers evacuated rigs in the Gulf of Mexico ahead...
Facebook currency project 'cannot go forward' until concerns addressed: Powell
U.S. Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook's plan to build a digital currency called Libra "cannot go forward" until serious concerns were...
U.S. oil producers shut offshore output as storm forms in Gulf of Mexico
Anadarko Petroleum Corp has joined major U.S. oil producers shutting production and withdrawing staff from offshore platforms in the U.S. Gulf of Mexico ahead of a...
Stocks climb, dollar drops as Fed chair remarks boost rate-cut hopes
A broad index of world stock markets edged higher on Wednesday while the U.S. dollar fell as comments from Federal Reserve Chairman Jerome Powell bolstered expectations...