Market updates

U.S. Bank Decreases Prime Lending Rate to 8.00 Percent
September 19, 2024 07:30 AM AEST| By EODHDMINNEAPOLIS, 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 percent, effective tomorrow, September 19, 2024,...

Northern Trust Decreases Prime Rate
September 19, 2024 07:27 AM AEST| By EODHDCHICAGO, September 18, 2024--(BUSINESS WIRE)--Northern Trust has decreased its prime rate from 8.50% to 8.00%, effective Thursday, September 19, 2024. About Northern Trust Northern Trust Corporation (...

Citizens Financial Group Announces Prime Rate Change
September 19, 2024 07:22 AM AEST| By EODHDPROVIDENCE, R.I., September 18, 2024--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) announced today that Citizens Bank, N.A. has decreased its prime lending rate to 8.00 percent from 8.5...

James J. Kim to Retire as Executive Chairman
September 19, 2024 07:04 AM AEST| By EODHDSusan Y. Kim to become Chairman of the Board TEMPE, Ariz., September 18, 2024--(BUSINESS WIRE)--Amkor Technology, Inc. (Nasdaq: AMKR), a leading provider of semiconductor packaging and test services,...

Musk's X skirts Brazil ban and returns to some users with change to server access
September 19, 2024 07:00 AM AEST| By EODHDRIO DE JANEIRO (AP) — Some Brazilian users reconnected with X on Wednesday despite the Supreme Court's recent nationwide ban, the result of the social network apparently changing the way its servers a...

Insurer AIG names Keith Walsh as CFO
September 19, 2024 06:49 AM AEST| By EODHD(Reuters) - Insurer American International Group named industry veteran Keith Walsh as its chief financial officer, effective Oct. 21 this year. Walsh has over two decades of experience in finance lea...

Regions Bank Reduces its Prime Lending Rate
September 19, 2024 06:30 AM AEST| By EODHDBIRMINGHAM, Ala., September 18, 2024--(BUSINESS WIRE)--Regions Bank today announced it is reducing the Regions prime lending rate to 8.00% from 8.50%, effective Thursday, Sept. 19, 2024. About Regions...

These Stocks Moved the Most Today: Intuitive Machines, Super Micro, Boeing, VF Corp., ResMed, General Mills, and More
September 19, 2024 06:16 AM AEST| By EODHDIntuitive Machines is soaring after receiving a NASA contract worth up to $4.82 billion, Super Micro shares are given a bullish rating, and General Mills beats earnings estimates. Continue reading Vie...

Dominion Energy Announces Redemption of 2014 Series A Enhanced Junior Subordinated Notes
September 19, 2024 06:15 AM AEST| By EODHDRICHMOND, Va., Sept. 18, 2024 /PRNewswire/ -- Dominion Energy, Inc. (NYSE: D), announced today that it will redeem for cash all of its outstanding 2014 Series A Enhanced Junior Subordinated Notes due...

TriNet Announces Quarterly Dividend
September 19, 2024 06:15 AM AEST| By EODHDDUBLIN, Calif., Sept. 18, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced its Board...

Saia to open 3 terminals in September
September 19, 2024 06:10 AM AEST| By EODHDSaia 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 three terminals in the western U.S. during Septembe...

Fed Rate Cuts Start With A Bang As Powell Makes This Commitment; S&P 500 Pauses
September 19, 2024 06:05 AM AEST| By EODHDThe 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. Continue reading View comments

Sector Update: Tech Stocks Decline Late Afternoon
September 19, 2024 06:02 AM AEST| By EODHDSector Update: Tech Stocks Decline Late Afternoon

Newsom touts California economy after SpaceX, Chevron announce moves to Texas
September 19, 2024 05:42 AM AEST| By EODHDCalifornia Gov. Gavin Newsom pushed back on bashing of the Golden State, trumpeting the state's economy after some high-profile companies including SpaceX and Chevron announced plans to move their hea...

Truist lowers prime lending rate in tandem with Fed's rate cut
September 19, 2024 05:19 AM AEST| By EODHD(Reuters) - Truist Financial said on Wednesday that the bank has lowered its prime lending rates by 50 basis points to 8%, effective Thursday, matching the U.S. Federal Reserve's rate cut. (Reporting...

What to know about the pipeline fire burning for a third day in Houston's suburbs
September 19, 2024 04:30 AM AEST| By EODHDDEER 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, with no official timeline for when it might final...

T-Mobile to Supply OpenAI With Customer Data to Boost User Experience
September 19, 2024 04:29 AM AEST| By EODHDT-Mobile US said it would partner with OpenAI to build an artificial-intelligence platform designed to help the telecom company gain and keep customers. The companies said the new platform, called Int...

T-Mobile US Expects 12 Million 5G Broadband Customers by 2028, CEO Says
September 19, 2024 04:19 AM AEST| By EODHDT-Mobile US Expects 12 Million 5G Broadband Customers by 2028, CEO Says

Boeing furloughs workers as strike halts key programs in Pacific Northwest
September 19, 2024 04:02 AM AEST| By EODHDBoeing CEO Kelly Ortberg stated that all benefits will continue for furloughed employees. (Photo: Ryan Ewing/AirlineGeeks) Two days after announcing a hiring freeze, Boeing has notified employees it w...

DAT: Truckload volumes and rates diverged in August
September 19, 2024 03:58 AM AEST| By EODHDTruckload volumes and rates diverged in August (Graphic: DAT Freight & Analytics) BEAVERTON, Ore., September 18, 2024--(BUSINESS WIRE)--Truckload freight volumes and rates continued on divergent paths...