12/11/2012 12:02amHSBC says it's paying $1.9 billion in penalties to settle a U.S. money laundering probe.
12/11/2012 1:49amHSBC's record $1.9 billion payment to settle a U.S. investigation into money laundering that involved Mexican drug cartels and nations such as Iran is a new setback for the reputation of banks after a series of headline-grabbing scandals.
12/11/2012 5:54amThe U.S. trade deficit likely grew in October because a slowing global economy is cut demand for American-made goods.
12/11/2012 7:17amPipeline operator Spectra Energy Corp. said Tuesday that is buying the 1,700-mile Express-Platte pipeline system for $1.25 billion in cash to build its oil transportation network.
12/11/2012 7:24amGENEVA _ The U.N. says the Chinese filed the most patent applications in the world last year, overtaking the U.S. for the first time.
12/11/2012 7:27amExxon says the energy renaissance in the U.S. has staying power and predicts that North America will become a net exporter of oil and gas by the middle of the next decade.
12/11/2012 8:24amBritish police arrested three people Tuesday as part of their investigation into the manipulation of a key benchmark interest rate _ the first British arrests in a scandal that's had global ramifications.
12/11/2012 8:25amHealth website operator WebMD Health Corp. plans to cut about 14 percent of its workforce as part of a push to reduce costs.
12/11/2012 8:34amTHE CUTS: Health website operator WebMD Health Corp. said Tuesday it plans to cut about 14 percent of its workforce as part of a push to reduce costs. The cuts amount to about 250 positions for the New York company, which expects to reduce annual operating expenses by about $45 million.
12/11/2012 8:52amSAGGING SPIRITS: The National Federation of Independent Business, which lobbies on behalf of small businesses, says a survey of its members showed they grew more pessimistic in November after the election and Superstorm Sandy.
12/11/2012 8:55amShares of Monster Beverage rose nearly 3 percent Tuesday after an analyst upgrading his rating, saying that regulatory concerns are overstated.
12/11/2012 9:17amBRUSSELS (AP) _ The European Union approved a new common patent system on Tuesday designed to cut red tape and streamline patent procedures across much of Europe.
12/11/2012 9:41amThe U.S. trade deficit increased in October because exports fell by a larger margin than imports, a sign that slower global growth could weigh on the U.S. economy.
12/11/2012 9:46amA U.S. watchdog agency said Tuesday that Afghan officials were resisting U.S. efforts to help track billions of dollars being flown out of Kabul airport every year, some likely linked to crime and drugs.
12/11/2012 10:25amSUPER SNOOPERS: British lawmakers demanded the government water down plans to keep track of phone calls, email and Internet activity _ a bill critics dub a "snooper's charter."
12/11/2012 10:36amDUST SETTLING? A settlement has ended the last legal fallout from the sexual assault allegation that sank the political career of former International Monetary Fund leader Dominique Strauss-Kahn.
12/11/2012 11:46amExxon says the energy renaissance in the U.S. will continue and predicts that North America will become a net exporter of oil and gas by the middle of the next decade.
12/11/2012 11:54amBritain's financial regulator says it is taking steps to force HSBC to improve its legal compliance after the bank agreed to pay $1.9 billon to settle a U.S. money laundering probe.
12/11/2012 12:35pmBarry Diller is stepping down as chairman of TripAdvisor and selling his stake in the travel-website owner to Liberty Interactive.
12/11/2012 12:59pmExxon says the energy renaissance in the U.S. will continue and predicts that North America will become a net exporter of oil and natural gas by the middle of the next decade.
12/11/2012 1:39pmNO MAGIC, MAN: Italian Premier Mario Monti defended his government's austerity measures as necessary to restore confidence in Italy's financial future, and warned voters to beware "magic solutions" from candidates in upcoming elections.
12/11/2012 2:12pmLIKE A VIRGIN: For $360 million, Delta Air Lines Inc. gets 49 percent of Virgin Atlantic.
12/11/2012 2:30pmFidelity Investments is trimming fees at its largest index mutual funds and making some of its lowest-cost options accessible to a larger number of fund shareholders, including those with as little as $2,500 to invest.
12/11/2012 2:41pmDelta Air Lines is paying $360 million for a 49-percent stake in Virgin Atlantic, a move at making it more competitive in the lucrative New York-to-London. The airlines hope to sell seats on each other's flights and coordinate schedules on key routes. American Airlines has a similar deal with British Airways.
12/11/2012 2:51pmFINAL SHARES SOLD: The Treasury Department said Tuesday that it has sold all of its remaining shares of American International Group Inc. That wrapped up the government's biggest bailout of the 2008 financial crisis.
12/11/2012 2:56pmRECORD: The U.S.-based Committee to Protect Journalists said 232 journalists are jailed around the world as of Dec. 1, a record number since the group began counting in 1990.
12/11/2012 3:13pmChemicals giant DuPont Co. says it should reach the high end of its net income guidance in 2012 and its profit will grow in the low- to mid-single digits in 2013.
12/11/2012 3:24pmExxonMobil, the biggest investor-owned energy company in the world, released its annual outlook Tuesday in which it shared its outlook for energy supply and demand through 2040.
12/11/2012 3:41pmDEFICIT HIGHER: The U.S. trade deficit grew 4.8 percent in October from September to $42.2 billion. The deficit increased because exports fell by a larger margin than imports.
12/11/2012 3:44pmOverwhelmed with $576 million in debt, hospital operator LifeCare has filed for Chapter 11 bankruptcy protection, and plans to sell itself.
12/11/2012 3:46pmDELAYED: Only 80.2 percent of flights operated by U.S. airlines arrived on time during October, down from 85.5 percent in October 2011, according to the federal government.
12/11/2012 4:35pmChesapeake Energy Corp. will sell most of its remaining midstream assets for $2.16 billion as the company aims to strengthen its balance sheet and tighten its focus.
12/11/2012 4:53pmDelta Air Lines is grabbing a bigger share of the world's most important travel route: New York to London.
12/11/2012 5:28pmAmerican authorities on Tuesday cited "astonishing" dysfunction at the British bank HSBC and said that it had helped Mexican drug traffickers, Iran, Libya and others under U.S. suspicion or sanction to move money around the world.
12/11/2012 6:58pmThe head of Duke Energy said he regrets that officials with the nation's largest electric company went too far in their criticism of North Carolina regulators responsible for setting rates in its top power market, according to a letter released Tuesday.
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