NEW YORK (Reuters) - HSBC Holdings Plc was sued for $250 million on Friday for allegedly ignoring red flags that a colorful British entrepreneur, the late David Elias, was committing fraud through an investment vehicle he controlled.
NEW YORK (Reuters) - A lawyer for Texas tycoon Sam Wyly and his late brother Charles' estate told a federal judge on Friday that a U.S. securities regulator's demand for $729 million in damages for a fraudulent offshore scheme would "bankrupt" them.
NEW YORK (Reuters) - Stocks ended mostly lower on Friday as Ukraine-Russia tensions reignited and remarks from Federal Reserve Chair Janet Yellen failed to give investors any clues on interest rate hikes.
(Reuters) - McDonald's Corp is replacing its U.S. president for the second time in two years, a move that suggests increased pressure on Chief Executive Don Thompson to improve sales in the fast food chain's home market.
SEATTLE (Reuters) - The FAA has certified Boeing Co's 787-9 Dreamliner for use with General Electric Co engines, clearing the way for first deliveries of the new aircraft with the U.S.-made engines expected later this month.