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Tag: Business

HSBC warns Madoff case could take years to settle after $1.1bn legal hit

Bank says lawsuit over Madoff Ponzi scheme may take “years” to resolve as profits fall 14%

Amazon to cut 30,000 corporate jobs after pandemic hiring surge

Amazon to lay off 30,000 corporate staff as AI reshapes roles and pandemic hiring unwinds

From $0 to frenzy: Beyond Meat’s breathtaking 1,000% rally stuns wall street

A meme-fuelled buying spree sends Beyond Meat shares soaring 1,000% in just four chaotic days.

Pizza Hut to shut 68 UK restaurants as collapse puts over 1,200 jobs at risk

Pizza Hut’s UK operator collapses, forcing the closure of 68 restaurants and mass redundancies

Betfred boss warns of collapse, 1,300 shops could shut overnight if taxes rise

Betfred warns tax hike could shut all 1,300 shops, wiping out 7,500 jobs across the UK

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