HSBC on Wednesday announced it would exit its money-losing U.S. retail banking operations, a move that is being met with tepid applause by Wall Street analysts.
Suzanne Nossel explains why she finds John Cena’s apology to China “troubling” after he called Taiwan a country during an interview for his upcoming film.
Mondelez announced Wednesday it had acquired Chipita, a Greek company whose croissants and baked snacks helped it generate $580 million in sales last year.
Gap CEO Sonia Syngal thinks Walmart is the perfect partner for the apparel retailer, as the two companies endeavor to launch a new home brand together.
European fintech Klarna is close to securing a new funding round at a valuation of more than $40 billion, according to a source familiar with the matter.
Swiss bank Julius Baer received a deferred prosecution agreement for money laundering charges related to corruption involving soccer governing body FIFA.
A heart condition in young people who got Covid vaccines appears to be very rare and may be unrelated to the shots, said FDA vaccine regulator Dr. Peter Marks.