HSBC to cut up to 10,000 jobs in drive to slash costs
HSBC could announce the beginning of the latest cost-cutting drive and job cuts when it reports third-quarter results later this month.
‘Wonder Years’ star undermined billionaire Peter Thiel's venture fund, lawsuit claims
Crystal McKellar played Becky Slater, a love interest of the main character, Kevin Arnold, on “The Wonder Years.”
Visa, Mastercard among those that could back out of Facebook's Libra
Facebook might lose early partners on digital currency Libra.
Auto industry workers lose $266M in pay as GM strike drags on
The prolonged negotiations to reach a new labor agreement with 50,000 members of the United Auto Workers have paralyzed production at about 30 manufacturing sites in nine states.
Who is Charlie Scharf, the new Wells Fargo CEO hired to rescue the banking giant?
Wells Fargo's new CEO will need to mend fences in Washington.
WeWork cut deeper into junk territory
WeWork's credit rating was downgraded to B-.
Beleaguered Wells Fargo names Jamie Dimon protegee as new CEO
Wells Fargo, the bank that lost two CEOs while dealing with the fallout from a fake-accounts scandal, has appointed former Visa chief Charles Scharf as its top executive.
Beleaguered Wells Fargo names Jamie Dimon protege as new CEO
He will replace interim CEO C. Allen Parker, who will remain in the role until Scharf takes over.
Vanishing payroll company victims include NC high school for basketball phenoms
Michael Mann, the elusive payroll boss charged with committing a multi-million dollar bank fraud scheme, has claimed some unsuspecting victims: high school athletes.
Vanishing payroll boss charged in $70M bank fraud scheme
He used fake companies to fraudulently obtain at least $70 million in loans from banks and other financial institutions.
Barron Hilton leaves 97% of massive fortune to this foundation
Billionaire hotel magnate and philanthropist Barron Hilton died at the at of 91 on Thursday, now where will his massive fortune go?
Mitsubishi Corp. lost as much as $320 million because of rogue trader, company says
A rogue derivatives trader cost a Mitsubishi Corp. subsidiary an estimated $320 million.
House Speaker Pelosi unveils new plan to lower drug prices
House Speaker Nancy Pelosi unveiled an long-waited ambitious plan to lower drug prices.
Judge orders Goodyear to pay more than $6.7M for death from exploding tire
It's a ruling the company plans to appeal.
New York Fed pumps $75B into protecting benchmark interest rate from spike
The Federal Reserve will consider reducing its benchmark rate this week.
FBI manhunt: Who is the CEO in suspected $35M payroll heist?
Michael Mann had been CEO of MyPayrollHR's parent company since 2007.
Purdue Pharma: The bankruptcy journey begins
The maker of OxyContin will have its initial bankruptcy hearing.
FBI agents raid home of boss behind vanishing payroll company
FBI manhunt underway following disappearance of $35M in payroll company mystery
Papa John's donates $30K to Kentucky college after pulling scholarship money
The state's only historically black college and the American pizza franchise are trying to figure out is who responsible for revoking scholarships.
SoFi lands naming rights for LA NFL stadium
Personal finance startup SoFi landed the naming rights for the new NFL stadium in Los Angeles.