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

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.

‘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...

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.

UK inflation leaps to higher-than-expected 3% in January - CNBC
Economists polled by Reuters had expected a January reading of 2.8%.

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.

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.
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...

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.

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.
The French Billionaire Working His Trump Ties to Spare His Luxury Empire - The Wall Street Journal
Elon Musk expresses interest in sending out DOGE checks - POLITICO
The proposal calls for sending 20 percent of savings back to taxpayers.
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
Southwest Airlines makes drastic cost-cutting decision - TheStreet

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…

Warren Buffett raises eyebrows with new beverage stock pick - TheStreet
The Oracle of Omaha's recent financial filings reveal some intriguing choices.

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.

Donald Trump considers 25% tariff on imported cars - Financial Times
US president threatens to intensify trade war with levies on drugs and semiconductors, too
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 ...

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).