Special Report: Lapses persist at HSBC money-laundering watchdog
NEW YORK - Executives of HSBC Holdings Plc and its U.S. subsidiary are scheduled to testify Tuesday before a Senate panel about how the London-based banking behemoth, after years of run-ins with U.S. authorities over alleged anti-money laundering lapses, has cleaned up its act.
Visa, MasterCard, banks in $7.25 billion retail settlement
NEW YORK - Visa Inc, MasterCard Inc and banks that issue their credit cards have agreed to a $7.25 billion settlement with U.S. retailers in a lawsuit over the fixing of credit and debit card fees in what could be the largest antitrust settlement in U.S. history.
JPMorgan traders investigated for hidden losses
Federal investigators are looking at whether JPMorgan traders hid trading losses that have since grown to $5.8 billion, according to a person familiar with the matter, after the largest U.S. bank said its own probe found reason for suspicion. Full Article
Obama: Virginia could hold key to White House
VIRGINIA BEACH, Virginia - President Barack Obama took his pitch for a second White House term to Virginia, reminding supporters that the election battleground state could secure him victory over Republican challenger Mitt Romney. Full Article
Major threat to Olympics has yet to materialize
LONDON - An absence of intelligence pointing to specific plots or attacks during the two-week Olympic period has been confirmed by officials from multiple intelligence and security agencies in Europe and the United States. Full Article
At lost Peugeot plant, talk of betrayal and war
AULNAY-SOUS-BOIS, France - To many in Aulnay, an immigrant-heavy suburb northeast of Paris, the announcement of Peugeot's departure is a gut blow after years of grinding decline at a former jewel of French industry and source of community stability and pride. Full Article
In Midwest, hopes fall as drought hits crops
WELTON, Iowa - Conditions in the Midwest worsened over the past week, with a third of the region in severe to exceptional drought, the U.S. Drought Monitor said. In some areas, farmers are writing off whole fields or fearing that they will soon have to. Full Article
Syrians mourn family members killed in Tremseh
July 13 - Locals mourned those killed in what has been described as a massacre in the Syrian village of Tremseh and there were reports of shootings in the capital. Rough Cut (no reporter narration)
Latest Headlines
Will the NRA kill the global arms treaty?
If you thought the NRA had restricted itself to rolling back gun regulations within U.S. borders, you might be surprised at the group’s intense interest in U.N. proceedings. Commentary
The 1 percent vs. President Obama
The president is arguing that what works for the top of the United States isn’t working for the middle, and that is a criticism the country’s lionized elite hasn’t heard from its leader in a very long time. Commentary
Banks, crumbling ethics and a shrinking middle class
If thieves had stolen millions from the city of Baltimore and other struggling municipalities, the issue would dominate the presidential campaign. Instead, the Libor scandal is emerging in dribs and drabs and drawing little public attention. Full Article
50 shades of like
With TV it doesn't matter how much you love to hate it – as long as you watch. It’s a different game on social networks, which are so heavily dependent on watching you. Bridging that disconnect is what will make social networks as successful as the TV networks. Commentary
Opinion
How should liberal democracies deal with China and Russia?
Russia and China are attempting to demonstrate that economic freedoms can be severed from political and civil freedom, and that freedom is divisible. What does this mean as East and West become increasingly interdependent? Commentary
Why is the response to economic crisis not more serious?
Nearly four years after the collapse of Lehman Brothers, unemployment throughout Europe and the U.S. remains stubbornly high. Yet the response from policymakers hardly seems equal to the level of urgency. Commentary
 |
Amazing Alex debuts at No. 1, but is it another Angry Birds?
Angry Birds-maker Rovio needs “Amazing Alex” to live up to its name to avoid being considered a one-hit wonder, especially if it wants to go public. Our gamers put Amazing Alex to the test. Video
REUTERS MAGAZINE
FOLLOW THE LEADERS
What does it take to confront today’s seemingly endless procession of political and financial crises? Is Winston Churchill’s playbook still relevant? How has Hillary Clinton done so far? To find out, dig into our latest magazine, a special issue on leadership, or check out our interactive features below.
After missteps, Romney adds to communications team
Republican presidential candidate Mitt Romney added two Washington veterans to his media relations team after weeks of criticism that he didn't respond strongly enough to attacks from the Obama campaign. Full Article
Going Viral
Facebook Activity
Follow Reuters
- Geithner alerted British officials to potential LIBOR rigging in 2008
- To counter Super PAC influence, Soros' son launches Super-duper PAC
- A mega-mall isn't all -- the multi-billion dollar business of the Mormon Church
- In a few years, the federal government will face a trillion dollars of student loan credit risk
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
