Wall Street gains on tech rally, trade hopes rekindled
Technology shares led the S&P 500 and the Nasdaq higher on Wednesday after remarks by Treasury Secretary Steven Mnuchin rekindled hopes for a de-escalation of U.S.-China...
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.
General Electric's machinists oppose tentative labor deal
The machinists union said on Wednesday it opposes a tentative labor contract reached this week with General Electric Co, potentially impeding the Boston-based conglomerate's efforts to...
Bitcoin soars past $13,000 as Facebook's Libra fuels demand
Bitcoin jumped to an 18-month high on Wednesday, as investors looked for safety in alternative investments amid geopolitical tension, and cheered prospects that Facebook Inc's Libra...
Paychex shares fall after Bank of America downgrades, blaming 'excessive valuation'
Shares of Paychex dropped on Wednesday after Bank of America downgraded the stock due to its "excessive valuation" and "underwhelming fundamentals."
A Fed letdown on rate cuts could be the stock market's biggest threat now
The Federal Reserve and the market are miles apart on interest rate expectations, and the disparity could cost the stock market a 7%-10% drop, economists say.
Dollar gains on lower rate cut expectations, stocks flat
The dollar rose and European shares fell on Wednesday as traders scaled back expectations of an aggressive cut in U.S. interest rates in July, while Wall...
General Mills sales hit by low demand for Nature Valley, Fiber One bars
General Mills Inc's quarterly sales fell short of Wall Street estimates on Wednesday, hurt by lower demand for its Nature Valley and Fiber One snack bars,...
These five stocks have gotten so big, they are essentially becoming the market
When these companies do well, the markets do, too.
Bombardier exits commercial aviation with sale of regional jet business to Mitsubishi
Bombardier Inc said on Tuesday it will sell its money-losing regional jet business to Japan's Mitsubishi Heavy Industries Ltd (MHI) for $550 million in cash, in...
PG&E bondholders propose bankruptcy exit plan worth up to $30 bln
A committee of bondholders of PG&E Corp's utility unit on Tuesday proposed a bankruptcy reorganization plan that would inject up to $30 billion to help the...
Oil prices mixed ahead of U.S. crude stock data
Oil prices were mixed on Tuesday ahead of data expected to show U.S. crude stocks declining, outweighing investors' concerns that U.S.-China trade tensions could dampen fuel...
Gold soars to six-year high, stocks slide after Powell speech
Gold soared to an almost six-year high on Tuesday on escalating U.S.-Iran tensions, while equity markets slid on disappointing economic data and uncertainty that the Federal...
Tesla likely to miss record second-quarter delivery target: Electrek
Shares of Tesla Inc fell 1.3% on Tuesday after news website Electrek reported that the electric-car maker has so far delivered 49,000 vehicles in North America...
Powell says Fed insulated from politics, wrestling with rate cuts
Federal Reserve Chairman Jerome Powell on Tuesday said the U.S. central bank is "insulated from short-term political pressures," and that its policymakers are wrestling with whether...
Fed chief Jerome Powell warns against policy bending to 'short-term political interests'
Powell stresses the central bank's independence amid continuous pressure from President Donald Trump to cut interest rates.