HSBC curbs profit and payout ambitions, targets Asia wealth

HONG KONG/LONDON (Reuters) – HSBC Holdings PLC on Tuesday abandoned its long-term profitability target, and unveiled a revised strategy focused mainly on wealth management in Asia after the COVID-19 shock saw its annual profits drop sharply.FILE PHOTO: HSBC logo is seen on a branch bank in the financial district in New York, U.S., August 7, 2019. REUTERS/Brendan McDermidCiting the low […]

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Clearfield Dials Up Triple-Digit Gains In Five Months

Telecommunications equipment maker Clearfield Inc. (CLFD) featured on our ‘Small Stocks – Big Potential’ section on July 24, 2020, when the company reported upbeat Q3 results. The stock reached a 52-week high of $37.54 on January 26, 2021, representing a gain of 122.9% from our published price of $16.84. Clearfield manufactures, markets, and sells standard and custom passive connectivity products […]

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Facebook to lift news ban for Australian users and publishers

Facebook will lift its news ban for Australian users and publishers, less than a week after making the shock decision. The ban – made last week in response to a proposed new Media Bargaining law – meant Australian users could no longer view or share local articles, while international Facebook users were also restricted from seeing Australian news. Lifting the […]

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Johnson & Johnson sets aside almost $4 billion for talc verdict, filing shows

FILE PHOTO: Johnson & Johnson company offices are shown in Irvine, California, U.S., October 14, 2020. REUTERS/Mike Blake/File Photo(Reuters) – Drugmaker Johnson & Johnson set aside $3.9 billion in litigation expenses in 2020, which it said was “primarily associated with talc-related reserves and certain settlements”. The company faces 25,000 lawsuits by former users of its baby powder who say asbestos-laced […]

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Huawei saw 'slight' growth in challenging 2020, chairman says

FILE PHOTO: Huawei logo is pictured on the headquarters building in Reading, Britain July 14, 2020. REUTERS/Matthew Childs/File PhotoShanghai, China (Reuters) – Huawei Technologies saw slight growth in its 2020 performance, in line with its expectations, the company’s rotating Chairman Ken Hu said at an industry event held in Shanghai on Tuesday. Hu was speaking at the Shanghai Mobile World […]

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The 5 best knife sets we tested in 2021

A good, reliable set of knives is essential to any kitchen. We consulted metallurgists, chefs, and butcher Pat LaFrieda to find the best knife sets out there.  The Wusthof set is our top pick because it comes with every knife you need for most kitchen tasks, plus a honing steel and a pair of shears. Whether you’re prepping go-to recipes […]

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Australia's Macquarie reaps windfall profits from U.S. winter freeze

SYDNEY (Reuters) – Macquarie Group earned big profits off the winter storms sweeping across Texas and other U.S. states, with the gains from its trading operations single-handedly changing the Australian bank’s outlook for the year.FILE PHOTO: The logo of Australia’s biggest investment bank Macquarie Group Ltd adorns the main entrance to their Sydney office headquarters in Australia, October 28, 2016. […]

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I'm a high school senior who's been remote learning since last March. Here are 8 apps, including Reddit and Discord, that make it so much easier.

When you buy through our links, we may earn money from our affiliate partners. Learn more. Remote learning during the pandemic presents many challenges, especially if students are juggling other responsibilities. To aid in virtual learning, there are apps and digital tools that can help students feel more focused and organized. Below are 8 apps and websites, from Google Drive […]

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Nasdaq, S&P 500 end lower as U.S. yields rise; Disney lifts Dow

NEW YORK (Reuters) – The S&P 500 and Nasdaq closed lower on Monday as climbing Treasury yields and prospects of rising inflation triggered valuation concerns, hitting shares of high-flying growth companies.FILE PHOTO: A Wall Street sign outside the New York Stock Exchange in New York City, New York, U.S., October 2, 2020. REUTERS/Carlo Allegri/File PhotoThe Dow index ended slightly higher, […]

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