business

HSBC posts record annual profit but misses estimates on China write-down, shares tumble 7%

HSBC‘s full-year 2023 pretax profit missed analysts’ estimates on Wednesday, hit by impairment costs linked to the lender’s stake in…

Woman drops lawsuit against Leon Black alleging rape at Jeffrey Epstein mansion

A woman who had accused Apollo Global Management co-founder Leon Black of raping her at the New York mansion of…

Foremost Group CEO Angela Chao died after car went into Texas pond, sheriff says

Angela Chao, CEO of Foremost Group and the sister-in-law of Senate Minority Leader Mitch McConnell, died after her car went…

Wells Fargo says regulator has lifted a key penalty tied to its 2016 fake accounts scandal

Wells Fargo said Thursday one of its primary regulators has lifted a key penalty tied to its 2016 fake accounts…