HSBC Holdings said on Monday it would book a $1.1 billion provision in its third-quarter results after losing part of an appeal in a long-running lawsuit tied to Bernard Madoff’s Ponzi scheme, history’s biggest ever such fraud. HSBC acted as …
FAA Wants to Fine American Airlines for Alleged Drug, Alcohol Violations
The U.S. Federal Aviation Administration said on Wednesday it was proposing a $255,000 civil penalty against American Airlines for allegedly violating drug and alcohol regulations.