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HSBC axes CEO Flint in shock shift to speed up strategy
The CEO’s exit was a result of differences of opinion with chairman Mark Tucker over Flint’s more tentative approach.
Will Uber Ever Make Money? Day Of Reckoning Coming
After a bruising price war with competitors, Uber’s once-robust revenue growth has flattened and losses have ballooned. Marketing layoffs are ominous.
Trade Wars Went From Uncomfortable to Scary
The new tax would hit American consumers, and businesses are going to face even more supply disruptions. China has already vowed to retaliate.
Buffett Needs To Buy Something But Stocks Don't Appeal
Buffett has dealt with the issue of cash piling up as he waits to strike, but never at this size. He hasn’t had a major acquisition in several years.