Business

HSBC rejects Ping An break-up call, promises higher dividend

HSBC rejects Ping An break-up call, promises higher dividend

HSBC to revert to paying quarterly dividends from 2023 Aims to win over investors with higher profitability target Says demerger of Asian business has huge risks London shares rise nearly 8% LONDON/SINGAPORE, Aug 1 (Reuters) – HSBC ( HSBA.L ) pushed back on a proposal by top shareholder Ping An Insurance Group Co of China …

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NYC's 'hottest new club': Midtown branch of fast-casual Java goes viral on TikTok

NYC’s ‘hottest new club’: Midtown branch of fast-casual Java goes viral on TikTok

The Midtown lunch rush is back. On a sweltering summer weekday in Midtown Manhattan, where, supposedly, nobody works anymore, a fashionable crowd lined up on the sidewalk in front of the Mediterranean fast-casual eatery Cava. The Broadway and 38th Street location of the Greek-inspired chain has been hailed, jokingly, as “the hardest club to get …

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JetBlue bids to upset Frontier-Spirit merger

In this week’s news, a study of airfares finds they are already higher than pre-pandemic levels and still rising; JetBlue offers to outbid Frontier in a takeover attempt for Sprit Airlines; United delays SFO-Melbourne service until June; German carrier Condor will fly SFO-Frankfurt this summer; JetBlue sets a date for new Boston-London flights; international route …

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Starbucks CEO Howard Schultz has history of opposing unions

A pro-union poster is seen on a lamp pole outside Starbucks’ Broadway and Denny location in Seattle’s Seattle’s Capitol Hill neighborhood on March 22, 2022. Toby Scott | Sopa Pictures | light rocket | Getty Images Howard Schultz’s first week back at the helm of Starbucks ended with seven more company-owned cafes unionizing, bringing the …

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The housing market is running hot. Can the Fed cool it before it crashes?

When the “Bond King” Bill Gross sat down recently with Barry Ritholtz for an episode of “The Big Picture” podcast, the billionaire investor and PIMCO founder took a pretty skeptical view of who might next build a kingdom out of debt. “I don’t think anybody can be the future bond king because central banks basically …

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Ten tweets in need of the new edit button: from covfefe to Oscars selfie | Twitter

After years of public pestering, Twitter has finally begun work on an edit button, the company announced this week. The ability to alter existing tweets has long been the platform’s most-requested feature, according to a vice-president, Jay Sullivan. But the company has expressed concerns that an edit button could be “misused to alter the record …

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Shiba Inu Burn Rate Hits 26,000% in the Last Day, 1.4 Billion SHIB Destroyed in 24 Hours

Shiba Inu Burn Rate Hits 26,000% in the Last Day, 1.4 Billion SHIB Destroyed in 24 Hours – Altcoins Bitcoin News

On Saturday, the second-largest meme-based cryptocurrency shiba inu has seen a lot of tokens burned during the last 24 hours. According to statistics, the network’s burn rate has increased by 26.592% as 1.4 billion SHIB has been destroyed. Shiba Inu Burn Rate Increases Significantly On February 22, a SHIB team member named “Archangel” Revealed that …

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Should cars drive like humans or robots? Tesla forces the question

A Tesla Model Y electric vehicle is displayed on a showroom floor at the Miami Design District on Oct. 21, 2021, in Miami, Florida. Joe Raedle | Getty Images Matt Smith didn’t necessarily mind that the software inside his Tesla would occasionally skirt a traffic law. For a while, his Tesla Model Y was programmed …

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