BUSINESS

It is the marriage season in the American banking sector. The good news is that the first time after the financial crisis in 2007-2009, a mega banking merger has been announced. The all stocks merger between SunTrust Bank and BB&T Corp will create America’s sixth-biggest commercial bank.

Richwell Group has recalled 55,300 pounds of frozen Sheat fish that was not re-inspected at the time of import.

The delivery of Tesla Model 3 in Europe started off nominally on Wednesday with priority for reservation holders who were awaiting the car for long. Some unexpected snags, however, affected the promised delivery to all the buyers invited. More deliveries will happen on Thursday.

A lower start is likely for U.S markets as major U.S. stock index futures were slightly down Thursday morning as investor-attention moved to corporate earnings and trade issues.

“Because you’re on a plane full of interesting people and hey...you never know...” the napkin read on one side.

SoftBank Group saw its stock price skyrocket 17 percent on Thursday at the Tokyo Stock Exchange.

The trade war between the U.S. and China is creating new beneficiaries in Europe’s telecom sector. Thus Nokia and Ericsson stocks are emerging as winners leveraging the U.S campaign against Chinese telecom companies such as Huwaei and ZTE.

Chipotle's stock rose 10% following better-than-expected operating results across the board for the fourth quarter of 2018 and for the full year.

A black face turtleneck sweater, which was part of the Gucci’s Fall/Winter 2018 balaclava collection, was no longer available on the brand’s website.

Tesla has slashed the price of its mid-range Tesla Model 3 luxury all-electric sedan by $1,100. This is the company's second price reduction this year.

Apple, Inc will focus anew on expanding its retail presence in the physical world and will place a stronger emphasis on retail personnel.

GM will pay its hourly workers over $10,000 in profit sharing amid layoffs of more than 4,000 workers.

J.C. Penney announced via its blog that it would no longer sell appliances starting on Feb 28 and it will only sell furniture online and in select stores in Puerto Rico.

As part of Chairman Eddie Lampert's proposal to save Sears another 36 Kmart stores will be closed.

Switzerland's second-biggest bank Credit Suisse has stated that it fears a higher tax burden for 2018 than it had forecast earlier. This follows changes in the U.S. tax provisions aimed at preventing companies from shifting their profits abroad.

iPhone maker Apple, battling with sagging sales in China and elsewhere, has announced that its highest paid retail boss Angela Ahrendts is leaving the company by April. The company said Ahrendts was leaving for “new personal and professional pursuits.”

Top stock index futures in the U.S traded lower Wednesday morning after President Donald Trump’s State of the Union address. At 3 a.m. ET, Dow futures slipped 48 points, hinting negative open of more than 80 points. Futures of S&P 500 and the Nasdaq also traded lower.

Snapchat's stock jumped 20% on news it's no longer hemorrhaging users.

Tesla new Amazon store was born and died on the same day. the question is, Why?

As T-Mobile and Sprint seek approval to merge, they have proposed a new deal to hold prices for three years for customers.

H&M has announced that it will close 160 stores in 2019 so it can optimize its retail business.

Frito-Lay has recalled 228 bags of Stacy's Simply Naked Pita Chips for an undeclared milk allergen.

The shares of Panasonic Corp crashed almost 6.5 percent Tuesday after it reported a drop in quarterly earnings and slashed its whole-year outlook.

Q's American Best Trading Inc. has recalled approximately 1,008 pounds of frozen sheat fish that was not re-inspected by the FSIS at the time of import.

Google may soon join hands with the auto alliance comprising Nissan-Renault-Mitsubishi to develop autonomous taxis and other services for various global markets.

The U.S markets may have a lower opening Tuesday. This was indicated by a slight drop in the U.S. stock index futures. Dow futures slipped 24 points at around 3:20 a.m. ET, hinting negative open of more than 22 points. Both S&P and Nasdaq futures were also tad down.

A huge boost in shale oil production in the Permian region helped lift ExxonMobil's operating results for the year.

An analyst from J.P. Morgan has suggested that Netflix is the best fit for Apple for an acquisition. Analyst Samik Chatterjee sees many virtues in Netflix in terms of “leading position in engagement level as well as original content, differentiating itself from pure aggregators of content.”

Alphabet, the parent company of Google, inc, posted impressive Q4 operasting results but this wasn't enough to sway Wall Street.