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HSBC says red tape hurt its business

Lender blames 'regulatory reform' as it reports 12 per cent drop in first-half profits, saying it is wasting resources on compliance, writes Don Weinland / SCMP. ...

Barnes & Noble eliminates jobs after Nook holiday sales drop

Barnes & Noble Inc, the largest US bookstore chain, is cutting jobs as revenue at its Nook tablet unit continues to shrink. ...

Wal-Mart to expand 70k jobs

Wal-Mart Stores is hiring 55k seasonal workers and 70k more part-time or full-time positions for the holiday season. ...

Temporary jobs becoming a permanent fixture in US

The number of temps has jumped more than half to nearly 2.7m since the recession as uncertainty about the economy lingers. ...

Morgan Stanley said to cut 10% of commodities jobs

Morgan Stanley said to cut 10% of commodities jobs after the unit's past two quarters revenue worst in 18 years. ...