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LONDON/HONG KONG (Reuters) – HSBC Holdings Plc (HSBA.L) could announce thousands of job cuts at a strategy day next week, Sky News reported on Monday, part of chief executive Stuart Gulliver’s overhaul of Europe’s biggest bank. The plan could also see Gulliver sell operations in Brazil and Turkey and take a knife to HSBC’s investment bank. An estimated 10,000 to 20,000 jobs will be axed, Sky News said, citing unidentified
American Apparel Inc said it was granted a restraining order against ousted Chief Executive and founder Dov Charney. The order temporarily restrains him from breaching terms of a standstill agreement signed …
Wal-Mart is raising starting wages for more than 100,000 U.S. department managers and workers in its deli and other specialized departments. The moves mark the next wave of wage hikes by the nation’s largest …
U.S. stock index futures declined on Tuesday, ahead of reports on U.S. auto sales and April factory orders.
She first postponed her “Great Escape” Tour, and then she officially cancelled it, but without an explanation. Now Iggy Azalea tells Seventeen magazine why she made the tough decision to…
So you’ve just been released from jail. What’s your first move? Find a new boyfriend, obviously! That’s exactly what Alison DiLaurentis (Sasha Pieterse) will be doing this…
Ah, summer, our favorite season! The sun is shining, grills are sizzling, the beach is calling…but we can’t seem to get up off our couches thanks to all the amazing TV that’s…
Wedding bells are ringing for Nastia Liukin and Matt Lombardi! The 25-year-old Olympic gold medalist and the Venture Up founder are engaged, the gymnast announced on Twitter…
It’s Channing Tatum like you’ve never seen him before! The actor is teaming up with charity fundraising platform Omaze to offer one lucky fan and a friend the chance to attend…
Now this is one heck of a wardrobe malfunction. Kim Kardashian and her tiny baby bump made their debut at the 2015 CFDAs Monday night, but it wasn’t smooth sailing for her Proenza…