News on Business Daily

Bank of America Chair and CEO Brian Moynihan is set to participate in the BofA Securities Financial Services Conference on February 12.

Bank of America announces full redemption of Series AA preferred stock

Bank of America Corporation has announced its plan to redeem all outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series AA, along with the corresponding depositary shares.

Gas prices rise amid tariff threats; electricity costs remain unchanged

By A. A. Sanchez | Feb 6, 2025

Amid ongoing tariff concerns, the national average price for a gallon of gasoline increased by two cents from last week, reaching $3.13.

Tennessee businesses reminded of Feb. deadline for federal disaster loan applications

The U.S. Small Business Administration (SBA) has issued a reminder to small businesses and private nonprofit organizations in Tennessee regarding the upcoming deadline of February 28 for applying for federal disaster loans.

Kentucky awards nearly $750K to support tech job growth

By K. R. Nelson | Feb 6, 2025

Governor Andy Beshear has announced that seven Kentucky companies will receive nearly $750,000 in state matching grants.

South Carolina businesses face February deadline for SBA disaster loan applications

The U.S. Small Business Administration (SBA) is reminding small businesses and private nonprofit organizations in South Carolina of the approaching February 28 deadline to apply for federal disaster loans.

The IIAG joins Governor Brian Kemp in support of legal reform in Georgia

By B. B. Urness | Feb 6, 2025

The Independent Insurance Agents of Georgia (IIAG) has announced its support for Governor Brian Kemp's initiative for legal reform aimed at protecting the insurance industry.

Bank of America set to join UBS conference on February 11

Bank of America has announced its participation in the UBS Financial Services Conference scheduled for February 11.

Brown-Forman to release Q3 earnings on March 5

By K. R. Nelson | Feb 5, 2025

Brown-Forman Corporation has announced the release of its third quarter and year-to-date fiscal 2025 financial results.

State revenue growth slows; most maintain stable outlook

Morgan Stanley Investment Management (MSIM) has published its 12th annual State of the States Report, which shows a slowdown in state revenue growth following two years of rapid expansion due to pandemic-related government stimulus.

Allstate announces availability of fourth quarter 2024 financial results

The Allstate Corporation (NYSE: ALL) announced the availability of its fourth quarter 2024 financial results.

Goldman Sachs announces early redemption of $800M fixed/floating rate notes

The Goldman Sachs Group, Inc. has announced its decision to redeem all outstanding 0.855% Fixed/Floating Rate Notes, which were originally due on February 12, 2026.

Nick Giovanni returns to Goldman Sachs as partner in investment banking

The Goldman Sachs Group, Inc. has announced the return of Nick Giovanni as a Partner in its Technology, Media and Telecommunications (TMT) Group within Investment Banking.

Michael T. Esposito named president of Tampa Bay at Bank of America

Bank of America has announced the appointment of Michael T. Esposito as the President of Tampa Bay.

Hamilton County launches fourth round of INSPIRE Youth Initiative Grants

By A. A. Sanchez | Feb 4, 2025

Hamilton County Commissioners have announced the launch of the fourth round of the INSPIRE Youth Initiative Grants.

SBA opens recovery center in Georgia following tropical storm and hurricane

The U.S. Small Business Administration (SBA) has announced the opening of a Business Recovery Center (BRC) in Jeff Davis County, Georgia, to support small businesses and private nonprofit organizations affected by Tropical Storm Debby and...

State Farm seeks approval for interim rate hikes amid wildfire losses

By A. A. Sanchez | Feb 4, 2025

State Farm General Insurance Company has requested the California Department of Insurance to approve interim rate increases, including a 22% average for homeowners.

Morgan Stanley partners with AHA for annual Go Red Women's Leadership Event