Market updates

Meta Platform Wins Legal Fight Over Allegations of Misleading Invest...

Meta Platform Wins Legal Fight Over Allegations of Misleading Investors

U.S. Bank Decreases Prime Lending Rate to 8.00 Percent

MINNEAPOLIS, September 18, 2024--(BUSINESS WIRE)--U.S. Bancorp (NYSE: USB) announced it has decreased its prime lending rate to 8.00 percent from 8.50...

Northern Trust Decreases Prime Rate

CHICAGO, September 18, 2024--(BUSINESS WIRE)--Northern Trust has decreased its prime rate from 8.50% to 8.00%, effective Thursday, September 19, 2024....

Citizens Financial Group Announces Prime Rate Change

PROVIDENCE, R.I., September 18, 2024--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) announced today that Citizens Bank, N.A. has decreas...

Insurer AIG names Keith Walsh as CFO

(Reuters) - Insurer American International Group named industry veteran Keith Walsh as its chief financial officer, effective Oct. 21 this year. Walsh...

Regions Bank Reduces its Prime Lending Rate

BIRMINGHAM, Ala., September 18, 2024--(BUSINESS WIRE)--Regions Bank today announced it is reducing the Regions prime lending rate to 8.00% from 8.50%,...

These Stocks Moved the Most Today: Intuitive Machines, Super Micro,...

Intuitive Machines is soaring after receiving a NASA contract worth up to $4.82 billion, Super Micro shares are given a bullish rating, and General Mi...

Dominion Energy Announces Redemption of 2014 Series A Enhanced Junio...

RICHMOND, Va., Sept. 18, 2024 /PRNewswire/ -- Dominion Energy, Inc. (NYSE: D), announced today that it will redeem for cash all of its outstanding 201...

Fed Rate Cuts Start With A Bang As Powell Makes This Commitment; S&a...

The Federal Reserve announced its first rate cut since March 2020 to support the softening labor market, though the S&P 500 is near a record high. Con...

Sector Update: Tech Stocks Decline Late Afternoon

Sector Update: Tech Stocks Decline Late Afternoon

T-Mobile to Supply OpenAI With Customer Data to Boost User Experienc...

T-Mobile US said it would partner with OpenAI to build an artificial-intelligence platform designed to help the telecom company gain and keep customer...

T-Mobile US Expects 12 Million 5G Broadband Customers by 2028, CEO S...

T-Mobile US Expects 12 Million 5G Broadband Customers by 2028, CEO Says

Boeing furloughs workers as strike halts key programs in Pacific Nor...

Boeing CEO Kelly Ortberg stated that all benefits will continue for furloughed employees. (Photo: Ryan Ewing/AirlineGeeks) Two days after announcing a...

DAT: Truckload volumes and rates diverged in August

Truckload volumes and rates diverged in August (Graphic: DAT Freight & Analytics) BEAVERTON, Ore., September 18, 2024--(BUSINESS WIRE)--Truckload frei...

FedEx Earnings Could be Weighed Down by 'Sub-Seasonal' Demand Backdr...

FedEx Earnings Could be Weighed Down by 'Sub-Seasonal' Demand Backdrop, BofA Says

EVs Could Cost Kamala Harris the Election When They Shouldn’t Be Pol...

Electric vehicles are just one form of personal transportation that aren’t any more good or bad for the auto industry, or the economy, than any other...

Global In Vitro Diagnostics Leader bioMérieux Celebrates the Opening...

bioMérieux's Latest 32,000 sq. ft. Global Food Safety and Quality Site is Home to the xPRO™ Program that Rapidly Innovates Cutting-Edge Molecular Assa...

Boeing Furloughs White-Collar Workers as Strike Worsens Cash Crunch

Boeing is furloughing tens of thousands of white-collar employees in an effort to cut costs and avoid a credit-ratings cut amid a strike by its larges...

Marriott CEO says company watching if slowdown in travel spending wa...

By Doyinsola Oladipo NEW YORK (Reuters) - Marriott International's Chief Executive Officer Anthony Capuano said on Wednesday that the company is watch...

T-Mobile US Enters Two AI-Related Partnership Deals

T-Mobile US Enters Two AI-Related Partnership Deals