Corporate activist Elliott outspending rivals: Lazard data
Elliott Management Corp, Paul Singer's $35 billion hedge fund, has outspent all rivals in pushing for corporate changes like spin-offs, mergers, and management overhauls this year.
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 chief likely to focus on trade-inspired policy shift in testimony
The U.S. Federal Reserve over the course of its 105-year history has changed monetary policy in reaction to property crashes, war, financial bubbles and policymakers' gut...
Apple starts China app development program in services business push
Apple Inc has started a program in Shanghai to help Chinese developers create apps as part of the iPhone maker's efforts to build out its services...
British billionaire Dyson snaps up Singapore's priciest penthouse
British billionaire and inventor of the bagless vacuum cleaner James Dyson has bought the most expensive apartment in Singapore, where his company plans to build an...
Asia shares count on Powell to stay accommodative
Asian shares pulled ahead on Wednesday while rising Treasury yields lifted the dollar as investors waited anxiously to hear if the world's most powerful central banker...
Chinese movie-ticketing leader Maoyan says to boost film investment, Tencent partnership
Maoyan Entertainment , China's leading movie-ticketing platform, said it would boost investment in the domestic film industry and deepen its partnership with Tencent Holdings Ltd ,...
When the Fed cuts rates without a recession, stocks go higher 100% of the time
Rate cuts can be a great thing for the stock market, or a sign of trouble ahead — depending on the timing.
S&P 500 breaks through 3,000 following Powell comments
The benchmark S&P 500 briefly crossed the 3,000-point mark for the first time on Wednesday after dovish remarks from Federal Reserve Chairman Jerome Powell boosted the...
U.S. oil firms cut nearly a third of Gulf of Mexico output ahead of storm
U.S. oil producers on Wednesday cut nearly a third of offshore Gulf of Mexico crude output as what could be one of the first major storms...
Wall St. hits record on Powell's comments; S&P 500 crosses 3,000
The benchmark S&P 500 briefly crossed the 3,000 points mark for the first time on Wednesday after dovish remarks from Federal Reserve Chairman Jerome Powell bolstered...
Oil up $2 on U.S. crude stocks draw, Gulf of Mexico storm
Oil prices gained $2 a barrel on Wednesday after U.S. crude inventories shrank more than expected and as major producers evacuated rigs in the Gulf of...
Powell says Fed is looking into Facebook's Libra cryptocurrency, flags 'serious concerns'
Federal Reserve Chairman Jerome Powell says Facebook's cryptocurrency project raises serious concerns.
Exxon evacuating workers from Gulf of Mexico platforms as storm nears
Exxon Mobil Corp on Wednesday said it has removed non-essential staff from three U.S. Gulf of Mexico platforms, but expected a storm forming in the Gulf...
Fed's Powell explains why a return to the gold standard would be so damaging to the economy
Powell told Congress that he doesn't think a return to the gold standard in the U.S. would be a good idea.
Fed's Powell, in Trump's crosshairs, gets backing from Congress
Federal Reserve Chairman Jerome Powell came to Capitol Hill on Wednesday with two goals: cementing the case for an interest rate cut at the end of...