A customer enters Comerica Inc. Bank headquarters in Dallas, Texas.Cooper Neill | Bloomberg | Getty ImagesA trio of regional banks face increasing pressure on returns and profitability that makes them potential targets for acquisition by a larger rival, according to KBW analysts.Banks with between $80 billion and $120 billion...
A pharmacist displays a box of Mounjaro, a tirzepatide injection drug used for treating type 2 diabetes and made by Lilly at Rock Canyon Pharmacy in Provo, Utah, May 29, 2023.George Frey | ReutersThe blockbuster diabetes drug Mounjaro is more effective for weight loss than another highly popular treatment,...
Check out the companies making headlines before the bell. Okta — The cybersecurity company fell 1.4% after Jefferies downgraded shares to market perform from outperform. Okta's security breach announced on Oct. 20 has significantly degraded the brand and lead to a lack of trust among its customers, according to...
Melis82 | Istock | Getty ImagesIt has never been easy for small or independent music venues to turn a profit. Now, with inflated operating costs, some owners are struggling to keep ticket prices affordable for audiences and take chances on lesser-known artists.The past year has seen music fans roaring...
Check out the companies making headlines in midday trading. Nvidia — Nvidia shares fell 1.7%. Reuters , citing sources, reported that Nvidia notified its China clients that it will delay until next year a new artificial intelligence chip designed to comply with U.S. export restrictions. Fisker — Shares of...
American Dream megamall and entertainment complex in East Rutherford, N.J. After more than 17 years in the making, it finally opened October 25, 2019. Then came the coronoavirus pandemic.Timothy A. Clary | AFP | Getty ImagesNew Jersey's American Dream mall – the second largest mall in the country –...
Ordering gifts online, paying by credit card. Concept online shopping, buying Christmas and New Year's presents. Black credit card, computer and christmas presents on blue sofa with festive decorations at home. Christmas and black friday shopping.Anastasiia Krivenok | Moment | Getty ImagesOnline spending on Thanksgiving Day jumped 5.5% compared...
Check out the companies making headlines before the bell: iRobot — The stock surged 30% after a Reuters report , citing sources familiar with the matter, said Amazon is about to win regulatory approval in the European Union to move forward with its $1.4 billion acquisition of the robot...
Jacob Kupferman | Getty ImagesThe Miami Dolphins and the New York Jets face off in the National Football League's first ever Black Friday game this week — but it's not going to be the usual broadcast or cable offering. The game will stream exclusively on Amazon's Prime Video.The NFL's...
TikTok has officially launched its e-commerce service TikTok Shop in the US. Costfoto | Nurphoto | Getty ImagesConsumers are increasingly turning to social media for their shopping this holiday season, and TikTok's latest venture into e-commerce has emerged at the forefront.The platform introduced TikTok Shop in the U.S. in September...