pulling
HSBC pulling back from China credit card business after struggling to expand, sources say By Reuters
By Selena Li and Engen Tham (Reuters) – HSBC is pulling back from its credit card business in China eight years after its launch, as the lender struggled to expand and make the enterprise profitable in the world’s second-largest economy, sources with knowledge of the matter said. The Asia-focused bank…
Fast-food chains are pulling onions from their restaurants due to E. coli risks.Taco Bell, KFC, and Johnny Rockets joined McDonald’s in withdrawing the ingredient from some locations.The outbreak linked to McDonald’s involves 49 E. coli cases and one death in 10 states. A string of American fast-food chains and restaurants…
A new feature for Instagram’s Stories encourages community — the company just doesn’t want this activity happening in closed groups away from advertisers.The social-media behemoth is launching a new tool that lets users leave comments under their followers’ Stories. Only followers can see these comments, and only the people a…
People hate surge pricing — and Lyft says it hears them. But other companies may just be getting started on the practice.Lyft CEO David Risher said during a Wednesday earnings call that the company is seeking to address surge pricing by rolling out a feature known as Price Lock, a…
NEW YORK (Reuters) -U.S. President Joe Biden ended his reelection campaign on Sunday after fellow Democrats lost faith in his mental acuity and ability to beat Donald Trump, leaving the presidential race in uncharted territory. Here are comments from investors: DAVID WAGNER, PORTFOLIO MANAGER AT APTUS CAPITAL ADVISORS LLC, FAIRHOPE,…
“War changes everything,” writes Oleksandr Mykhed in his new book, “The Language of War.”Before Russia launched its full-scale invasion of Ukraine in February 2022, the Ukrainian author lived with his wife, Olena, and their dog, Lisa, in Hostomel, a town close to the Ukrainian capital Kyiv.Within a week of the…
Russia has moved some combat forces from Africa to help support its latest offensive efforts in northeastern Ukraine, according to a new Western intelligence assessment.Over the past week, Moscow has deployed units from its Africa Corps to fight around Vovchansk, a small city in Ukraine’s Kharkiv region that has been…
Tesla’s board urged shareholders in a video to vote for CEO Elon Musk’s $47 billion pay package.A Delaware court had canceled his 2018 CEO performance award.The carmaker announced last month it would hold another vote to reinstate the pay package. Tesla’s board made yet another push to get CEO Elon…