business News

Stay updated with the latest business news, articles, and updates.

HSBC Expects Revamp to Cost $1.8 Billion Over Two Years - Bloomberg
business

HSBC Expects Revamp to Cost $1.8 Billion Over Two Years - Bloomberg

HSBC Holdings Plc will incur $1.8 billion in charges over the next two years as it embarks on a global restructuring program that has seen the lender shutter some of its businesses and slash management ranks.

BloombergHarry Wilson, Ambereen Choudhury
‘Blue Skies Ahead,’ Says Investor About Nvidia Stock - TipRanks
business

‘Blue Skies Ahead,’ Says Investor About Nvidia Stock - TipRanks

Markets have had about a month to digest the DeepSeek revelations, and investors appear satisfied that Nvidia Corporation (NASDAQ:NVDA) will emerge on the other sid...

Tipranks.comGabe Ross
Trump plans to impose 25% tariffs on autos, chips and pharmaceuticals - CNN
business

Trump plans to impose 25% tariffs on autos, chips and pharmaceuticals - CNN

President Donald Trump said on Tuesday that he plans to impose tariffs of around 25% on auto imports as well as semiconductors and pharmaceuticals shipped to the United States as early as April 2.

CNNJohn Liu, Elisabeth Buchwald
UK inflation leaps to higher-than-expected 3% in January - CNBC
business

UK inflation leaps to higher-than-expected 3% in January - CNBC

Economists polled by Reuters had expected a January reading of 2.8%.

CNBCHolly Ellyatt
HSBC to save $1.8 billion over two years under new CEO - CNN
business

HSBC to save $1.8 billion over two years under new CEO - CNN

HSBC HSBA.L posted annual profit on Wednesday that beat estimates, helped by increased revenue in wealth and markets businesses, and set stiff cost-cut targets as its new CEO implements a revamp of the Asia-focused bank to boost returns.

CNN
Stock futures are little changed after S&P 500 clinches record high: Live updates - CNBC
business

Stock futures are little changed after S&P 500 clinches record high: Live updates - CNBC

Investors continue to largely shake off concerns around persistent inflation and tariffs.

CNBCPia Singh
Asian Stock Rally Pauses, China Tech Shares Gain: Markets Wrap - Yahoo Finance
business

Asian Stock Rally Pauses, China Tech Shares Gain: Markets Wrap - Yahoo Finance

(Bloomberg) -- Asian stocks pulled back after a five-day rally that pushed a regional gauge into overbought territory, as investors turned cautious amid...

Yahoo EntertainmentWinnie Hsu
HSBC announces share buyback of up to $2 billion as annual profit jumps 6.5% - CNBC
business

HSBC announces share buyback of up to $2 billion as annual profit jumps 6.5% - CNBC

HSBC on Wednesday reported annual pre-tax profit of $32.31 billion, marginally missing analysts' estimates.

CNBCLee Ying Shan
Fast-food giant KFC leaves Kentucky home for Texas - BBC.com
business

Fast-food giant KFC leaves Kentucky home for Texas - BBC.com

Move away from its ancestral home is part of a wider shakeup at its parent company Yum Brands.

BBC News
business

The French Billionaire Working His Trump Ties to Spare His Luxury Empire - The Wall Street Journal

The Wall Street JournalThe Wall Street Journal
Elon Musk expresses interest in sending out DOGE checks - POLITICO
business

Elon Musk expresses interest in sending out DOGE checks - POLITICO

The proposal calls for sending 20 percent of savings back to taxpayers.

PoliticoSophia Cai
This New Airbus Jet Is Bad News for Boeing - The Wall Street Journal
business

This New Airbus Jet Is Bad News for Boeing - The Wall Street Journal

While Boeing is bogged down, its archrival is pulling ahead with a new model that’s a symbol of their diverging fortunes

The Wall Street JournalBenjamin Katz
business

Southwest Airlines makes drastic cost-cutting decision - TheStreet

TheStreetTheStreet
US Postal Service head DeJoy to step down after 5 years marked by pandemic, losses and cost cuts - CNN
business

US Postal Service head DeJoy to step down after 5 years marked by pandemic, losses and cost cuts - CNN

Louis DeJoy, the head of the US Postal Service, intends to step down, the federal agency said Tuesday, after a nearly five-year tenure marked by the coronavirus pandemic, surges in mail-in election ballots and efforts to stem losses through cost and service c…

CNN
Warren Buffett raises eyebrows with new beverage stock pick - TheStreet
business

Warren Buffett raises eyebrows with new beverage stock pick - TheStreet

The Oracle of Omaha's recent financial filings reveal some intriguing choices.

TheStreetRob Lenihan
Milei Crypto Scandal Widens With Allegations Against His Sister - Bloomberg
business

Milei Crypto Scandal Widens With Allegations Against His Sister - Bloomberg

The political uproar over Argentine President Javier Milei’s role in a crypto scandal has cast the spotlight on his closest adviser and gatekeeper: his sister.

BloombergManuela Tobias, Patrick Gillespie
Donald Trump considers 25% tariff on imported cars - Financial Times
business

Donald Trump considers 25% tariff on imported cars - Financial Times

US president threatens to intensify trade war with levies on drugs and semiconductors, too

Financial TimesMyles McCormick
FDA’s food safety head resigns over mass layoffs - Yahoo
business

FDA’s food safety head resigns over mass layoffs - Yahoo

Jim Jones, the head of the Food and Drug Administration’s (FDA) food division, resigned Monday, citing the mass firings of agency staff. According to a copy ...

The HillNathaniel Weixel
Rocket Lab launches sharp-eyed Earth-observation satellite to orbit - Space.com
business

Rocket Lab launches sharp-eyed Earth-observation satellite to orbit - Space.com

The "Fasten Your Space Belts' mission lifted off at 6:17 p.m. ET today (Feb. 18).

Space.comMike Wall
business

Argentine President’s Promotion of Crypto Rocks His Presidency - The Wall Street Journal

The Wall Street JournalThe Wall Street Journal