Market updates

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...

James J. Kim to Retire as Executive Chairman

Susan Y. Kim to become Chairman of the Board TEMPE, Ariz., September 18, 2024--(BUSINESS WIRE)--Amkor Technology, Inc. (Nasdaq: AMKR), a leading provi...

Musk's X skirts Brazil ban and returns to some users with change to...

RIO DE JANEIRO (AP) — Some Brazilian users reconnected with X on Wednesday despite the Supreme Court's recent nationwide ban, the result of the social...

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...

TriNet Announces Quarterly Dividend

DUBLIN, Calif., Sept. 18, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium...

Saia to open 3 terminals in September

Saia plans to open 18 to 21 new terminals in 2024. (Photo: Jim Allen/FreightWaves) Less-than-truckload carrier Saia said Wednesday that it will open t...

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

Newsom touts California economy after SpaceX, Chevron announce moves...

California Gov. Gavin Newsom pushed back on bashing of the Golden State, trumpeting the state's economy after some high-profile companies including Sp...

Truist lowers prime lending rate in tandem with Fed's rate cut

(Reuters) - Truist Financial said on Wednesday that the bank has lowered its prime lending rates by 50 basis points to 8%, effective Thursday, matchin...

What to know about the pipeline fire burning for a third day in Hous...

DEER PARK, Texas (AP) — A pipeline fire that forced hundreds of people to flee their homes in the Houston suburbs burned for a third day on Wednesday,...

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