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Morgan Stanley analyst says these 'undervalued' bank stocks could rise 24%

Morgan Stanley analyst says these 'undervalued' bank stocks...

LocalNews Feb 2, 2023 0 51

Betsy Graseck is among the analysts who generally urged caution on bank stocks as...

The Business Journals
Truist unveils $22M initiative to bolster racial and economic mobility

Truist unveils $22M initiative to bolster racial and economic...

LocalNews Feb 2, 2023 0 38

Truist and its foundation outlined their latest plans for economic mobility investment...

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Amazon could be sitting on another $3.5 billion business, Morgan Stanley says

Amazon could be sitting on another $3.5 billion business,...

LocalNews Feb 2, 2023 0 160

Amazon’s Buy with Prime service could help rake in billions of dollars for the e-commerce...

The Business Journals
Cerio tapped to lead Citizens Insurance

Cerio tapped to lead Citizens Insurance

LocalNews Feb 2, 2023 0 47

He will replace Barry Gilway, who announced on Dec. 22 that he would retire as president...

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DraftKings cuts 140 jobs as part of reorganization

DraftKings cuts 140 jobs as part of reorganization

LocalNews Feb 2, 2023 0 50

DraftKings, one of the leading sports-betting companies, said it is eliminating...

The Business Journals
FedEx to cut over 10% of global management positions, consolidate some teams and functions

FedEx to cut over 10% of global management positions, consolidate...

LocalNews Feb 2, 2023 0 36

According to a public letter sent from president and CEO Raj Subramaniam to all...

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Peloton CEO doesn't care that equipment is losing money, sees path forward in the app

Peloton CEO doesn't care that equipment is losing money,...

LocalNews Feb 2, 2023 0 37

The pricey exercise machines posted a negative gross margin for the holiday quarter,...

The Business Journals
Local agent to open new real estate franchise, plans 5 throughout KY

Local agent to open new real estate franchise, plans 5...

LocalNews Feb 2, 2023 0 40

First launching in Louisville, the franchise plans to open offices in Elizabethtown,...

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Peloton CEO doesn't care that its equipment is losing money, sees path forward in the app

Peloton CEO doesn't care that its equipment is losing money,...

LocalNews Feb 2, 2023 0 31

The pricey exercise machines posted a negative gross margin for the holiday quarter,...

The Business Journals
Men's big-and-tall retailer adds chief operating officer

Men's big-and-tall retailer adds chief operating officer

LocalNews Feb 2, 2023 0 44

She help previous roles at Ralph Lauren and the Jones Group.

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Peloton shares jump after fitness company posts subscription revenue growth

Peloton shares jump after fitness company posts subscription...

LocalNews Feb 2, 2023 0 49

Peloton beat Wall Street's revenue expectations but saw a 52% drop in connected...

The Business Journals
Wolfspeed says it will build next mega-factory in Germany

Wolfspeed says it will build next mega-factory in Germany

LocalNews Feb 2, 2023 0 34

Wolfspeed has picked Germany over North Carolina and New York for what it’s calling...

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Airlines cancel thousands of flights as Texas ice storm threatens worsening conditions

Airlines cancel thousands of flights as Texas ice storm...

LocalNews Feb 1, 2023 0 33

Dallas/Fort Worth International Airport and Dallas Love Field shared the majority...

The Business Journals
Mad Mex restaurant in Oakland to close after 30 years

Mad Mex restaurant in Oakland to close after 30 years

LocalNews Feb 1, 2023 0 41

According to WPXI, the restaurant has been struggling with staffing.

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Peloton losses narrow as subscription revenue again outpaces equipment sales

Peloton losses narrow as subscription revenue again outpaces...

LocalNews Feb 1, 2023 0 44

Peloton beat Wall Street's revenue expectations but saw a 52% drop in connected...

The Business Journals
Guest column: Employers' mandate for 2023

Guest column: Employers' mandate for 2023

LocalNews Feb 1, 2023 0 42

You likely did not receive a holiday card from the U.S. Federal Reserve, but if...