09:30 AM EDT, 07/26/2024 (MT Newswires) -- Block (SQ) Chief Executive Jack Dorsey is planning to restructure the company's internal reporting structure and eliminate boundaries between different business lines, Fortune reported late Thursday, citing the CEO's note to employees this week. We're going to reorganize our entire company by function and disband our business unit reporting structure, Fortune quoted Dorsey...

July 26 (Reuters) - WesBanco ( WSBC ) has agreed to buy smaller rival Premier Financial in an all-stock deal valued at $959 million, the lenders said on Friday, offering another sign of growing consolidation in the U.S. regional banking industry. WHY IT IS IMPORTANT Regional banks in the U.S. continue to remain more susceptible to economic fluctuations triggered by...

09:37 AM EDT, 07/26/2024 (MT Newswires) -- Toyota Motor Corp ( TM ) is planning to construct a battery plant for electric vehicles in Kyushu, Japan, Nikkei reported Friday. The company is looking to make Kyushu, where many automotive and chip plants are based, a major part of its electric vehicle supply chain and as an export base to Asia,...

09:34 AM EDT, 07/26/2024 (MT Newswires) -- NatWest Group ( NWG ) is likely to see a significant portion of the UK government's 5.6 billion pound ($7.21 billion) stake sold to institutional investors, as Chancellor of the Exchequer Rachel Reeves favors selling the stake to institutional shareholders over a public offering, Bloomberg reported Friday, citing people familiar with the matter....