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U.S. To Announce $1.9 Bln HSBC Settlement: Report

U.S. regulators are set to announce a $ 1.9 billion settlement with HSBC Holdings PLC to resolve probes that the bank ignored possible money laundering, the Wall Street Journal reported Monday citing...

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HSBC to announce $1.8 billion settlement in U.S. money laundering probe: sources

HSBC Holdings Plc is expected to become the first bank to admit to both money-laundering lapses and U.S. sanctions violations on Tuesday as part of a settlement of around $ 1.8 billion with law...

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U.S. Trade Deficit Widens in October

The U.S. trade deficit widened in October as exports suffered the biggest drop in nearly four years, indicating slowing global demand is likely to weigh on U.S. economic growth in the fourth quarter....

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U.S. files criminal information against HSBC

The U.S. Justice Department filed a felony criminal information against HSBC Holdings Plc's HSBC Bank USA in federal court in News York's Brooklyn on Tuesday. The information is a widely expected...

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U.S. Treasury exits AIG as company sets growth plans

The U.S. Treasury's sale of its remaining stake in American International Group Inc will fetch $ 7.6 billion, bringing the government a total profit of $ 22.7 billion from its bailout of the insurer in...

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U.S. Chamber calls for trade officials to review Volcker rule

The U.S. Chamber of Commerce is asking federal officials to consider whether a proposed proprietary trading ban undermines U.S. trade policy, part of an ongoing effort by industry groups to push back...

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Google, U.S. regulators close to deal in patents dispute: sources

U.S. regulators are near a settlement with Google Inc in a dispute over the search giant's efforts to stop the sale of products it says infringe essential patents, according to two sources close to the...

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SolarWorld CEO says U.S. business very good in fourth quarter

DUESSELDORF German solar company SolarWorld saw very good business in the United States so far in the fourth quarter, Chief Executive Frank Asbeck told Reuters on Wednesday. Asbeck also added that a...

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“Fiscal cliff” means agita, not Armageddon, for U.S. CEOs

BOSTON The "fiscal cliff" is less than three weeks away, but most corporate executives are not strapping on their parachutes just yet. A cross-section of executives from companies including DuPont Co ,...

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U.S. fiscal cliff by-the-numbers

$ 16.3 trillion -- Size of the current national debt January 2, 2013 -- Date that automatic tax hikes and spending cuts will take effect, unless a deal is reached $ 7 trillion -- Amount of tax...

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