News tagged with money

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HSBC to pay $1.9B to settle money-laundering case

(AP)—HSBC avoided a legal battle that could further savage its reputation and undermine confidence in the global banking system by agreeing Tuesday to pay $1.9 billion to settle a U.S. money-laundering ...

Dec 11, 2012
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Kodak reaches deal to borrow $793M

(AP)—Kodak says it has reached an agreement to borrow $793 million, an important step in letting it leave bankruptcy protection in the first half of next year.

Nov 12, 2012
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Gabon to suspend new Megaupload site

Gabon's government said Tuesday it was suspending the website www.me.ga, which Internet tycoon Kim Dotcom had planned to use to launch a new version of his defunct Megaupload file-sharing site.

Nov 06, 2012
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Megaupload boss aims to lie low

Flamboyant Megaupload boss Kim Dotcom has vowed to lie low as he awaits a US attempt to extradite him from New Zealand, fearing a backlash after making a series of high-profile announcements.

Nov 06, 2012
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EU tightens up online gambling controls

The European Commission outlined measures on Tuesday to tighten controls on online gambling, a fast-growing, multi-billion-euro industry, to combat fraud, money laundering and rigging of sport fixtures.

Oct 23, 2012
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Venture funding, number of deals decline in 3Q (Update)

Funding for startups declined 12 percent in the July-September period as venture capitalists spent less money on fewer deals, according to a new report. Companies in the early stages of funding saw declines as investors stayed ...

Oct 19, 2012
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