Feb 14 (Reuters) - Bank of America ( BAC ) has hired JPMorgan Chase ( JPM ) veteran Mike Marino as the Georgia market executive of its private bank, according to an internal memo seen by Reuters on Friday. Marino, with over three decades of banking experience, was at JPMorgan since 1999. He was most recently the vice chairman of...

01:23 PM EST, 02/14/2025 (MT Newswires) -- Dell Technologies ( DELL ) is close to winning a deal worth over $5 billion to provide Elon Musk's xAI with servers made for AI work, Bloomberg reported Friday, citing people familiar with the matter. Under the deal, Dell would sell Musk's AI startup servers containing Nvidia ( NVDA ) GB200 semiconductors for...

As inflation rises, grocery stocks have emerged as major beneficiaries, particularly those tied to egg production. The price of eggs has skyrocketed due to supply constraints, sending shares of Vital Farms ( VITL ) up 154% and Cal-Maine Foods ( CALM ) up 90% over the past year. We will discuss more on that later, but before that, let us...

01:27 PM EST, 02/14/2025 (MT Newswires) -- (Updates with requests for comments to the companies.) Nokia ( NOK ) is expected to get unconditional EU antitrust clearance for its $2.3 billion acquisition of Infinera ( INFN ) , Reuters reported Friday, citing people with direct knowledge of the matter. The deal was announced in June last year. Nokia ( NOK...