Investment-banking revenue has helped JPMorgan Chase and Citigroup beat third-quarter earnings estimates, rewarding the banks for faith in investment banking as second-tier banks scaled back. Wells Fargo also has beat expectations but by a smaller […]
Salesforce (CRM +5.3%) CEO Marc Benioff in an interview with the Financial Times notes Twitter (TWTR -6.5%) “wasn’t the right fit for us” for “many different reasons.” Salesforce was considered to be one of the […]
Antitrust approval has already been granted in the U.S., Canada and Brazil. A November 22 deadline has been set by the European Commission to review the arrangement. If concerns arise, an extended investigation would be […]
mParticle announced today that it has raised $17.5 million in Series B funding. The New York City startup helps marketers collect user data through a variety of services and then funnel that data to other […]
Hyperloop Technologies Inc., a Los Angeles-based company building a futuristic transportation system, said it raised $50 million in convertible-debt financing and hired Uber Technologies Inc.’s former chief financial officer. DP World Group of Dubai, one […]
The World Trade Organization has lowered its forecast for growth of global trade this year to 1.7%, down from its April estimate of 2.8%. The agency also reduced its forecast for 2017 to 3.1% from […]
The Luxembourg Green Exchange, a trading platform backed by the Luxembourg Stock Exchange, has opened for the trading of green securities. The platform has adopted stringent criteria to ensure that only issuers that have committed […]
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