HSBC Launches $1.8B Restructuring Plan to Cut Costs and Boost Returns
HSBC unveils $1.8B in restructuring costs as new CEO aims for leaner operations. Profit jumps but big layoffs loom to boost returns.
HSBC unveils $1.8B in restructuring costs as new CEO aims for leaner operations. Profit jumps but big layoffs loom to boost returns.
Nikola’s rapid rise ends in Chapter 11. The EV truck maker aims to sell core assets as funding dries up.
KFC is moving its US headquarters from Louisville, Kentucky to Plano, Texas, a decision that will affect roughly 100 employees in the next six months and require another 90 remote workers to relocate within 18 months. The change is part of Yum! Brands' strategic effort to tap into more favorable market conditions.
A proposal circulating online suggests that U.S. taxpayers might soon receive a one-time payment of $5,000, funded by significant savings from the Department of Government Efficiency.
Have you ever wondered why some businesses communicate effortlessly with their customers while others struggle? The secret might be in the tools they use. Voice over Internet Protocol (VoIP) is more than just a way to make calls, it’s a powerful marketing asset that can help businesses increase revenue, improve customer engagement, and streamline operations.
Building a strong photography brand is essential for standing out in a competitive industry. A well-crafted brand helps you attract clients and establishes your reputation as a professional photographer. Whether you specialize in portraits, fashion, or commercial work, branding is what sets you apart and makes your work recognizable.
Facebook remains one of the top platforms for individuals, businesses, and brands to connect with a massive global audience. However, with growing competition and millions of users, gaining followers can be challenging. Thankfully, there are several powerful tools that can help you grow your followers steadily over time. These tools assist with content creation, scheduling, performance tracking, and audience targeting, helping you improve your strategy and expand your reach.
Business operations alongside individuals spend their time searching for digital instruments which help them improve their internet presence and organizational efficiency. Plixi reviews say that the service stands as one platform which has started to receive significant notice from users. Plixi stands as an advanced digital service which has received substantial evaluation through public discussions about its capabilities. The assessment evaluates Plixi by delving into its operational features together with benefits and limitations and final assessment.
Spotify is set to launch a new premium tier, potentially adding up to $5.99 per month on top of current subscription fees. Dubbed Music Pro, this service is expected to roll out later this year and will offer high-fidelity audio, innovative remixing tools, and exclusive access to concert ticket opportunities.
Christopher Nolan’s next film adapts Homer’s The Odyssey, starring Matt Damon as Odysseus. The epic journey lands in theaters July 17, 2026.
Elon Musk’s xAI launches Grok 3, a “scary-smart” chatbot powered by 100,000 Nvidia H100 GPUs and advanced training methods, promising fewer AI errors and seamless integration with X (formerly Twitter). Learn how Grok 3 elevates chatbot technology.
Apple has hinted at an upcoming product launch on February 19, sparking widespread speculation that the iPhone SE 4 could finally make its debut. CEO Tim Cook’s cryptic post on social media referred to a “newest family member,” though no specific product name was mentioned.
Apple has joined forces with Alibaba to enhance AI-powered features on iPhones in China, securing a crucial partnership amid growing competition. This deal positions Alibaba as a dominant force in the Chinese AI sector while helping Apple address its declining smartphone sales in the region.
Joann is closing 500 stores in bankruptcy, citing inventory woes. The chain aims to right-size operations for future survival.
eCommerce sales grew by 40% in 2024. Experts predict this growth will continue through 2026. Today's online market requires more than good products - businesses need strong marketing to succeed. Email marketing delivers high ROI for eCommerce companies, so it’s only natural that we take a look at the best eCommerce email marketing agencies.
Marketing is the backbone of any business. According to research by GE Capital Retail Bank, 81% of consumers conduct online research before purchasing. It means that businesses need to develop a robust online presence that engages and supports customers along the way.
Nowadays, it is not uncommon that even the smallest of businesses depend on the software to manage operations, track data, and engage with customers. As software itself comes to life as a service through cloud computing and software as service (SaaS) models, companies have truer reasons than ever for selecting tech solutions.
Duolingo has stirred up the internet with a cryptic announcement declaring the unexpected “death” of its mascot, Duo the Owl. The language-learning platform shared the news in a tongue-in-cheek social media post, leaving fans both amused and confused.
Push notifications allow for effective audience targeting and are gaining popularity in internet marketing. Click here to learn more about the key features, types, and benefits of this marketing approach.
January inflation surged to 3%, topping forecasts. Core prices rose too, straining budgets and fueling Fed policy debate.
Testing app ideas effectively can make the difference between success and redundancy for a startup app development company. In niche markets, precision is paramount, and so is minimizing developmental risk to optimize resource management. Navigating niche markets requires a keen understanding of the audience's unique needs. This is where the MVP approach becomes an invaluable strategy for startups.
While it's true that everyone makes mistakes occasionally, there are some that professionals and business owners can't afford. Among these would be the careless handling of confidential company data and information. The corporation and all parties concerned stand to lose a lot of money if you do not secure this sensitive data.
Google is rolling out a name change for the body of water along America’s southern coast, swapping “Gulf of Mexico” with “Gulf of America” in its Maps app. The update follows an executive order signed by President Trump on his first day in office, directing federal agencies to officially rename the region on all U.S. government maps.
Musk’s $97.4B OpenAI bid sparks Altman’s “no thanks.” The ex-cofounders’ rivalry intensifies as the AI giant eyes a for-profit future.
OpenAI has officially launched Sora, its AI-powered video generation tool, making it available to ChatGPT Plus and Pro subscribers through a dedicated platform at Sora.com. This new release includes the enhanced Sora Turbo version, which is significantly faster than the previewed model introduced in February 2024. Sora allows users to generate photorealistic videos up to 1080p resolution, 20 seconds long, and in various aspect ratios, including widescreen, vertical, and square.
Lionel Messi, the legendary Argentine footballer and 2022 World Cup champion, is set to make his highly anticipated debut in Fortnite as part of the Icon Series. Confirmed through trusted leakers like HYPEX and iFireMonkey, Messi’s skin is expected to drop with the upcoming v33.10 update, which is scheduled for release on December 10, 2024. This collaboration adds another layer of excitement to the game, alongside new modes like Ballistic, an FPS mode, and LEGO Brick Life, a social simulation experience.
The Watt Brothers have partnered with Old El Paso to create a holiday snack kit called "Season-ings Greetings." This kit comes with churro seasoning, Cinnamon Toast Crunch taco shells, and a holiday-themed sweater. It’s perfect for making fun treats like ice cream tacos or spicing up cookies and other desserts.
TikTok is trying to stop a U.S. ban that could kick the app off stores in the coming weeks. The company wants the courts to pause the law while they take their case to the Supreme Court and give President-elect Trump time to weigh in. TikTok says banning the app would hurt its millions of users and creators who depend on it for their work.
Taylor Swift’s Eras Tour has officially wrapped, and it’s safe to say no one is doing it like her. The tour made a jaw-dropping $2 billion in ticket sales, smashing all previous records and becoming the highest-grossing tour ever. With 149 shows across five continents, over 10 million fans showed up to celebrate Swift’s music, proving she’s more than just an artist—she’s a global phenomenon.
Two of the world’s leading advertising firms are joining forces in a major industry shakeup. Omnicom and Interpublic’s planned merger is set to create the largest advertising agency globally, transforming how campaigns are created and delivered.
The Golden Globes has unveiled its highly anticipated nominees for the 82nd annual awards ceremony, set to air live on CBS and stream on Paramount+ on January 5, 2025. The nominations span 27 categories, celebrating the best in film and television. With a dazzling lineup that includes Dune: Part Two, Wicked, and Squid Game, the stage is set for an unforgettable night.
Apple is developing its own 5G modems to replace Qualcomm, starting with the iPhone SE 4, iPhone 17 Air, and entry-level iPads next year. These first modems will be efficient but lack mmWave support and have slower speeds than Qualcomm.
Tickets for Kendrick Lamar and SZA’s upcoming Toronto shows are turning heads with their steep prices. Seats in the upper levels of the Rogers Centre are starting at about $350, while lower-bowl tickets are going for around $700. Floor seats are priced over $1,000, leaving many fans frustrated at the cost of attending.
Global food prices hit a 19-month high in November, driven by rising vegetable oil costs, according to the U.N. Food and Agriculture Organization (FAO).
Starbucks CEO Brian Niccol announced plans to revolutionize the coffee chain’s service by cutting wait times to under 30 seconds for brewed coffee within five years. Speaking on Good Morning America, Niccol also revealed a freeze on price hikes for the current fiscal year to ease customer concerns.
Brian Hill, founder of Canadian fashion retailer Aritzia, has officially become a billionaire as the company’s rapid growth in the U.S. fuels soaring sales. Aritzia’s expansion into major markets like New York City and Chicago has driven its stock to double in value over the past year, pushing Hill’s net worth to $1.1 billion.
Grinding Gear Games, the studio behind Path of Exile 2, is preparing for heavy server traffic as the game enters early access this weekend. Over 1 million players have redeemed access keys, with demand exceeding expectations.
Police are working to find the person who killed Brian Thompson, the CEO of UnitedHealthcare, outside a Manhattan hotel. Surveillance videos show the suspect arriving in New York by bus and staying at a hostel.
Pantone has named “Mocha Mousse” as its 2025 Color of the Year. The soft, warm brown is inspired by comforting things like chocolate and coffee. According to Pantone, it reflects a desire for simplicity and indulgence in today’s world. Designers and brands are already embracing earth tones like this in fashion and home décor.
Dick Van Dyke, the beloved Mary Poppins actor, stars in Coldplay’s new music video, “All My Love,” ahead of his 99th birthday. Filmed at his home in Malibu, the video shows Van Dyke reflecting on his life and spending time with his family.
OpenAI has introduced ChatGPT Pro, a subscription service priced at $200 per month. It’s designed for users who want nearly unlimited access to ChatGPT along with an exclusive new AI model. At this price, OpenAI is clearly targeting professionals and businesses who rely heavily on AI tools for their work.
Pope Francis now has a state-of-the-art electric vehicle to greet his followers. Mercedes-Benz, a longtime partner of the Vatican, delivered the custom-built EV, which is based on their iconic G-Class design.
Tesla owners, get ready to unwrap some digital gifts this season. The annual holiday software update is rolling out, and it’s packed with features to make your car smarter, more fun, and even safer.
Avril Lavigne is keeping the music going. The pop-punk star announced more Canadian dates for her 2025 Greatest Hits tour, with stops in Halifax, London, and Niagara Falls. "I wasn’t ready for it to be over," Lavigne said on Instagram.
Foot Locker shares fell 8% after the company reported a 1.4% drop in revenue to $1.96 billion for the third quarter, missing Wall Street’s $2.01 billion expectation. CEO Mary Dillon pointed to weaker demand for Nike products, which make up 60% of the retailer’s sales, as a key factor.
Adventure is calling! Indiana Jones and the Great Circle lands this week, and fans are buzzing with excitement. If you grabbed the premium edition, you can jump into the action as early as December 6 at 7 p.m. ET. For everyone else, the game officially launches on December 8, with a simultaneous worldwide release across Xbox and PC.
McDonald’s Snack Wrap is making a highly anticipated return in 2025, and fans couldn’t be more excited. The announcement, made by McDonald’s USA President Joe Erlinger during an exclusive interview with Good Morning America, has sparked waves of nostalgia and excitement across social media.
Bitcoin has hit a new milestone, crossing $100,000 for the first time after a surge linked to Donald Trump's election victory. The jump began after Trump announced plans to nominate a crypto-friendly SEC chair and pushed for policies to promote cryptocurrency in the U.S.
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