KPMG to pay $50 million for using stolen data, exam fraud: U.S. SEC
KPMG LLC has agreed to pay a $50 million penalty over allegations former staffers used stolen information to alter some of the accounting firm's previous audit...
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.
Factbox: Airbus and Boeing aircraft deals at Paris Airshow
Following is a summary of commercial aircraft deals announced by Airbus and Boeing at the Paris Airshow.
Drahi says to keep focus on TMT businesses after Sotheby's deal
Billionaire Patrick Drahi said on Monday he would remain focused on his main telecoms and media businesses and would not sell any shares in his Altice...
Global stocks, yields steady with focus on Fed, central banks
A gauge of global stock markets edged higher on Monday to build on monthly gains and benchmark government bond yields hovered near multi-year lows as investors...
A Fed rate cut should boost stocks as long as the economy is experiencing just a 'soft patch'
The Fed is expected to cut rates multiple times, but the reason behind those cuts could have vastly different implications for the market.
Virgin Atlantic orders 14 Airbus A330neos, with further six options
Europe's Airbus has agreed to sell 14 A330neo wide-body passenger jets to Virgin Atlantic in a deal valued at $4.1 billion, the companies announced at the...
KPMG to pay $50 million for using stolen data, exam fraud: SEC
Accounting firm KPMG LLC has admitted to using stolen information to alter some of its previous audit work and cheating on training exams, and agreed to...
Citi combines rates and currencies businesses
Citigroup Inc said on Monday it is combining its Foreign Exchange & Local Markets and G10 currencies businesses into one unit.
UK hopes Trump and Xi can ease trade tensions at G20 summit: Hammond
Britain hopes that U.S. President Donald Trump and Chinese President Xi Jinping can make progress on easing trade tensions when they meet later this month at...
Wall St. moves higher; Fed policy meeting on the horizon
U.S. stocks ticked higher on Monday, with the tech-heavy Nasdaq powering ahead, as investors awaited a pivotal Federal Reserve meeting for clues on the path ahead...
Sotheby's auction house is being taken private by group controlled by art collector Patrick Drahi
Sotheby's announced Monday that it's signed an agreement to be acquired by BidFair USA, a venture owned by art collector Patrick Drahi.
Fashion house Chanel parades its independence as its profits rise
Luxury fashion group Chanel, whose star designer Karl Lagerfeld passed away in February, reported higher annual sales and profits on Monday and once again reaffirmed its...
Tesla's Elon Musk becomes 'Daddy DotCom' on Twitter
Silicon Valley billionaire Elon Musk tweeted https://twitter.com/elonmusk/status/1140481957341495296 late on Sunday that he had "just deleted" his Twitter account, while also changing his Twitter display name to...
Boeing lifts 20-year industry demand forecast to $6.8 trillion
Boeing Co raised its rolling 20-year industry forecast for passenger aircraft by 3% on Monday, fueled by strong air traffic predictions, though global geopolitical and economic...
Wall St. opens slightly higher; Fed meet eyed
U.S. stocks eked out gains at the open on Monday, as focus shifted to a pivotal Federal Reserve meeting that could lay the groundwork for an...