Deutsche Bank to axe investment bankers in up to $5.6 billion revamp
Deutsche Bank is preparing to unveil a sweeping, multi-billion euro overhaul within days that would see the axe fall heaviest on investment bankers, sources familiar with...
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.
Wall Street analysts are crazy about these stocks and see big upside in the next 12 months
CNBC used FactSet to screen the stocks with the highest average 12-month price targets by analysts.
Oil prices steady as U.S. crude stockpiles drop less than expected
Oil prices were steady on Wednesday ahead of a U.S. holiday, after a steep fall the previous session when worries about a slowing global economy outweighed...
German prosecutors intensify Deutsche Bank client investigation: source
German prosecutors are escalating a money laundering inquiry involving Deutsche Bank , including planned raids on wealthy former clients, a person with direct knowledge of the...
Forget San Francisco: 5 cities where Bay Area techies would rather live
As the cost of housing remains sky-high in San Francisco, tech workers in the area are eyeing other U.S. locations where they'd rather settle down, according...
Roger McNamee: Tesla's 'fantastic' delivery numbers buy time but they're not a long-term fix
McNamee warns that Tesla needs to become better at the basics, such as manufacturing and forecasting, if it wants to "survive" as an auto company.
Weed leader Canopy Growth ousts co-CEO Bruce Linton
Canada's Canopy Growth Corp fired founder and co-Chief Executive Officer Bruce Linton, a surprise move that comes just a week after the weed producer's largest shareholder...
UK regulator investigates role of Facebook, Google in ad market
Britain's competition regulator has launched an investigation into the power wielded by Facebook and Google in digital advertising markets, including the ownership of data.
Boeing promises $100 million to help families affected by deadly crashes
Boeing Co on Wednesday said it would give $100 million to organizations to help families affected by the deadly crashes of the company's 737 MAX planes...
Cramer: Buy pot stock Canopy Growth despite the firing of co-CEO and founder Bruce Linton
"I have no idea why people are selling it," says CNBC's Jim Cramer, arguing the new CEO, who has yet to be named, will help lead...
Global stock markets, bonds rally in expectation of rate cuts
Record low bond yields in Europe and the expectation of further interest rate cuts by central banks worldwide helped push global stock market indices higher Wednesday...
S&P 500 hits record high on rising rate cut hopes
The S&P 500 index hit a record high on Wednesday, led by defensive sectors, as bets of an interest rate cut rose on fears of a...
Tesla shares jump as record deliveries ease demand concerns
Shares of Tesla Inc jumped 8% on Wednesday after Chief Executive Officer Elon Musk made good on his promise of delivering record number of electric cars...
Asda boss sees two-three year horizon for possible IPO
The horizon for a possible initial public offering (IPO) and stock market listing of UK supermarket group Asda by its U.S. parent Walmart is two to...
Most major analysts are staying negative on Tesla shares despite 'impressive' deliveries
Tesla shares surged in premarket trading Wednesday after what Barclays' called the company's "impressive" record quarterly sales number.