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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 ...

dateDec 11, 2012 in Internet
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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.

dateNov 12, 2012 in Business
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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.

dateNov 06, 2012 in Internet
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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.

dateNov 06, 2012 in Internet
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