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.
Meta CEO Mark Zuckerberg has revealed the company’s next major leap in AI infrastructure: the launch of its first AI data supercluster, dubbed Prometheus, expected to go online in 2026.
Recruit Holdings will lay off 6 % of staff at job boards Indeed and Glassdoor—its third downsizing in three years—as it folds Glassdoor into Indeed and shifts resources to artificial-intelligence tools.
Lucid Motors’ Air Grand Touring has logged 1,205 km (749 mi) on one charge, smashing the EV distance record and demonstrating the brand’s industry-leading efficiency.
President Donald Trump has ordered a blanket 30 % duty on all imports from the European Union and Mexico starting August 1, escalating trade tensions and rattling global markets.
Adobe Analytics says U.S. shoppers spent an unprecedented $24.1 billion during the expanded July 8-11 Prime Day, while Amazon touts its “biggest event ever” across 35+ categories.
World No. 1 Jannik Sinner defeated two-time defending champion Carlos Alcaraz 4-6, 6-4, 6-4, 6-4 to claim his maiden Wimbledon title and fourth career Grand Slam, igniting a fresh chapter in their rivalry.
Tesla will open its inaugural showroom in Mumbai on July 15 and expects to hand over its first vehicles to Indian customers by late August, marking a long-awaited entry into the world’s third-largest car market.
Harmonic AI, the math-focused artificial-intelligence venture co-founded by Robinhood CEO Vlad Tenev, has secured $100 million in fresh funding, lifting its valuation to just under $900 million.
Venture capital powerhouse Andreessen Horowitz has shifted its legal home from Delaware to Nevada, calling the Silver State more business-friendly and urging startups to follow its lead.
A late-night letter from the White House confirms a sweeping 35 % levy on Canadian goods effective Aug. 1, sending markets skidding and prompting Ottawa to weigh retaliation.
A Wall Street Journal report says Kraft Heinz is studying a breakup that would separate its grocery staples from its faster-growing condiment business, sending the stock sharply higher.
Pop superstar Justin Bieber has shocked fans with Swag, a 21-track album that marks his first full-length project since 2021’s Justice and signals a more mature, R&B-leaning sound.
Italian confectioner Ferrero, maker of Nutella and Ferrero Rocher, will acquire cereal icon WK Kellogg for about $3 billion, gaining Froot Loops and Frosted Flakes as it expands its U.S. footprint.
Millions lost access to Outlook.com, mobile, and desktop clients for over half a day after a configuration fault crippled Microsoft’s email backbone; service is now stabilizing worldwide.
Universal’s dino epic claws in $147.3 million over the July 4 holiday and $318 million worldwide, setting a new high-water mark for Independence Day launches.
Bitcoin surged above $113,800 on July 10, 2025, smashing its previous record amid renewed institutional demand, shrinking exchange supply, and safe-haven inflows.
Tesla CEO Elon Musk has confirmed that the company's vehicles will begin receiving Grok, an AI-powered chatbot developed by his startup xAI, as early as next week. The chatbot, which is already integrated into X will function as a voice assistant within Tesla cars
OpenAI will debut an AI-first web browser within weeks, hoping to woo ChatGPT’s 400 million users and chip away at Google Chrome’s lucrative ad empire.
Donald Trump has imposed a 50% tariff on imports from Brazil, citing both trade concerns and political motivations. The former president specifically pointed to Brazil’s ongoing prosecution of Jair Bolsonaro, calling the trial a “disgrace” and saying it mirrors politically motivated attacks he himself has faced.
Apple is preparing to close a major chapter in its leadership story. Jeff Williams, the company’s long-serving Chief Operating Officer, will step down later this month, officially marking his retirement after nearly three decades of shaping Apple’s most iconic products.
With global demand holding firm, OPEC will add another 548,000 barrels a day in August, aiming to claw back share from record-pumping U.S. and Canadian producers.
Linda Yaccarino has stepped down from Elon Musk’s X, capping a bumpy tenure marked by advertiser battles, AI controversies, and the platform’s radical overhaul.
A 2.5% stock jump sent Nvidia past a historic $4 trillion market cap, cementing its dominance in the AI hardware race and eclipsing Apple and Microsoft.
Jeff Bezos is back in the headlines — this time for offloading nearly $666 million worth of Amazon shares, just weeks after tying the knot in a high-profile Venice wedding.
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