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The lawsuit accused the Wall Street bank of hindering women’s career advancement and paying them less than their male colleagues. → Read More
The outcome is a win for the bank in its fight with its largest stakeholder, the Chinese insurer Ping An, which argues HSBC isn’t taking full advantage of its profitable Asia unit. → Read More
Business and policy leaders from around the world joined us at our annual newsmaking event last Wednesday. Here’s what happened. → Read More
The restructuring includes shrinking its investment bank and raising $4 billion in capital from investors, including a state-owned Saudi bank. → Read More
The German sportswear giant is the latest company to cut ties with the rapper and designer after his recent antisemitic outbursts and other provocations. → Read More
Volkswagen spun off the German carmaker on the Frankfurt Stock Exchange, where its stock began trading higher despite a broader decline in European markets. → Read More
Companies thinking beyond profits isn’t “woke,” the BlackRock founder argued in his latest letter to Wall Street chiefs. → Read More
The company has already moved to wind down its once vast financial arm and spin out or sell various businesses under pressure from investors. → Read More
British regulators investigated the ties between the bank executive and the disgraced financier. → Read More
British regulators investigated how the bank executives characterized his ties with the disgraced financier. → Read More
The payments firm squelched talk that it was seeking the social media platform “at this time.” A deal might have been worth about $45 billion. → Read More
The multimillionaire Boaz Weinstein disclosed why he paid no or little taxes for several years. → Read More
More on the study that says ViacomCBS used international tax networks to cut its bill. → Read More
Josh Harris may keep busy with basketball after leaving Apollo.Credit...Jessica Kourkounis for The New York Times Joshua Harris, one of Apollo Global Management’s top executives, said on Thursday that he planned to give up day-to-day duties at the private equity giant, after clashing with his fellow founders over the departure of Leon Black as the firm’s chief executive. The departure of Mr.… → Read More
Josh Harris said he would focus on being an “investor and entrepreneur” away from the private equity firm he helped build. → Read More
Refocusing on wireless and repaying debt are new priorities. → Read More
In a sudden U-turn, Tesla stopped accepting the cryptocurrency as payment. But why? → Read More
What a difference a year makes. → Read More
The ransomware attack on Colonial Pipeline is a sobering reminder about cybersecurity. → Read More
U.S. support for suspending patent protections increasingly pits policymakers against drug makers. → Read More