Truist Financial is expanding its Merchant Services with new features like Merchant Engage, Clover, and Paze, aiming to deepen relationships with small businesses and commercial clients beyond traditional lending. These enhancements provide faster digital onboarding, broader business tools, and additional payment options, integrating payments with software, business insights, deposits, and treasury services. The success of this initiative hinges on client adoption and the bank's ability to convert these payment relationships into recurring fee income and other banking activities.
Paraguay’s President Santiago Pena is facing impeachment following the collapse of Ueno Bank, a major digital bank, which has plunged the South American country into its deepest political crisis in more than...
U.S. Bancorp has filed Form 424B2 with the SEC, detailing an offering of $7,000,000 in Senior Medium-Term Notes, Series EE. These callable fixed-rate notes, due November 10, 2031, offer a 6.00% annual interest rate and can be redeemed by U.S. Bancorp prior to maturity on specified Redemption Dates. The filing provides key terms, pricing details, and important tax and risk considerations for potential investors.
PNC is significantly expanding its branch network by adding 53 new locations in South Carolina and Georgia, plus 10 more in Texas, Florida, and North Carolina. Concurrently, Alex Overstrom, the current retail chief, will succeed Rob Reilly as CFO in March 2027, with Reilly transitioning to executive vice chair. This move is part of PNC's ongoing national growth strategy, aiming for a total of 370 new branches by 2031.
FinanceRetail WholesaleMergers And AcquisitionsPNC
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering Autocallable Securities linked to the Nasdaq-100, Russell 2000, and S&P 500 Indexes, due May 15, 2028. These unsecured debt securities do not pay interest, do not guarantee principal repayment at maturity, and are subject to early redemption. Investors' returns depend on the worst-performing underlying index, with potential for significant loss if market conditions are unfavorable.
The Canadian dollar fell to a nearly three-week low against its US counterpart on Friday after domestic data showed the economy shed jobs for a third straight month, cooling expectations for Bank of Canada...
McDonald's Corp. has announced interim marketing leadership changes following the upcoming departure of Alyssa Buetikofer, US Chief Marketing and Customer Experience Officer. Morgan Flatley will serve as interim chief creative officer for the US business while continuing her global CMO role, and Charlie Newberger will step in as interim senior vice president, US chief marketing & commercial officer. These moves aim to ensure a smooth transition and maintain focus on marketing priorities as the company searches for a new US CMO.
DTN's Quick Takes 11/6/2026 | 12:48 PM CST (Illustration by Nick Scalise) OMAHA (DTN) -- Posted 12:43 -- December corn is up 1 1/4 cents per bushel, January soybeans are up 3/4 cent, December KC wheat is down 2 1/4 cents, December Chicago wheat is down 6 1/2 cents and December MIAX wheat is down 6 3/4 cents. The Dow Jo
This "Deal Dispatch" report covers significant merger and acquisition activities, including Salesforce's agreement to acquire Cresta, CrowdStrike's purchase of two AI cybersecurity startups for $495 million, and Dropbox's acquisition of Tigris Data. The report also highlights financial struggles, with Innventure evaluating capital-raising options and workforce reductions, and bankruptcy filings from The Children’s Place and Out West Restaurant Group, the latter of which operates Outback Steakhouse locations.
Mergers And AcquisitionsTechnologyRetail WholesaleCRMCRWDMPC
The PNC Financial Services Group, Inc. reported a 5.46% beneficial ownership stake in the Harbor International Compounders ETF, comprising 717,345 shares as of September 30, 2026. This stake is primarily held by PNC Bank, National Association, in a fiduciary capacity for its clients. The filing indicates PNC has sole voting authority over all shares and varying levels of dispositive authority.
Rep Delia Ramirez calls for abolition of ICE at DHS hearing At a House Homeland Security Committee hearing, Rep. Delia Ramirez, D-Ill., delivers a powerful and emotional statement, questioning if any parent...
Davis Selected Advisers has disclosed a 9.6% beneficial ownership stake in MGM Resorts International, holding 24,043,354 shares of common stock as of September 30, 2026. This stake gives the investment adviser sole voting authority over 23,274,889 shares and sole dispositive authority over all 24,043,354 shares. The filing specifies that these shares were acquired and are held in the ordinary course of business, not for the purpose of influencing company control.
PACCAR Executive Chairman Mark C. Pigott reported an indirect sale of a 0.434-share fractional interest held through the PACCAR Savings and Investment Plan (SIP) on November 4, 2026, for $106.13 per share. This transaction was a transfer from the SIP to a direct registration account, and no Rule 10b5-1 plan was reported. Following the transaction, Pigott's reported holdings include 5,258,600 directly held shares and 424,920 shares held indirectly by his wife and children.
Nomura Holdings has announced that it now holds a combined voting rights stake of 5.34% in easyJet plc, exceeding the regulatory disclosure threshold. This stake is comprised of both direct equity holdings and cash-settled swap contracts. The financial conglomerate's increased exposure to the UK low-cost airline sector will likely be closely monitored by market participants.
Μake us preferred on Google The wage gap separating Greece from the rest of the European Union’s member states remains deep, with the exception of Bulgaria as usual. According to new Eurostat data, the annual...
Principal Financial Group reported strong third-quarter 2026 earnings, including US$4,616.4 million in revenue and US$631.9 million in net income, alongside an 8% year-on-year increase in its quarterly cash dividend to US$0.85 per share. These results affirm the company's focus on cash returns and highlight its robust operating performance, with analysts projecting continued revenue and earnings growth through 2029. While the company's core businesses are performing well, investors should still consider potential risks like fee and flow pressure in asset management.
Macerich is planning to close an off-market mall acquisition by the end of 2026, anticipating a stabilized yield of 9% to 11%. The company intends to fund the purchase using part of its $372 million unsettled forward equity pool. This acquisition is expected to boost funds from operations (FFO) per share in both 2027 and 2028, and also reduce leverage.
This analysis and news roundup come from the Canary Media Weekly newsletter. Sign up to get it every Friday.Americans aren't happy about the data center boom, and they made their displeasure pretty clear this...
Fox’s acquisition of Roku was just completed and already the corporate shuffling has begun. Charlie Collier, the president of Roku Media, will be exiting the company as will Anjali Sud, CEO of Tubi.On the...
America’s smaller retailers could be facing a tough holiday season due to high shipping costs. That’s according to a report Friday (Nov. 6) from CNBC, which noted that while consumer demand is strong, these...
Political turmoil comes after a digital bank’s failure has left half the population without access to their accounts.Lawmakers in Paraguay have resumed impeachment proceedings against President Santiago Pena,...
Support WBURHere & Now NewsroomNovember 06, 2026U.S. stocks rallied after Tuesday's midterm elections before falling sharply Thursday amid concerns about artificial intelligence investments.Here &...