The ambitious high-speed rail project connecting Las Vegas to Southern California has gained significant momentum with a $3 billion federal grant, pushing the vision closer to reality.

Region:

USA

Category:

Tourism

 HSBC Holdings PLC (HSBA.L) said on Tuesday it would shed $100 billion in assets, shrink its investment bank and revamp its U.S. and European businesses in a drastic overhaul that will mean 35,000 jobs cut over three years.

Region:

World

Category:

Economy