Whistleblower sues bank giant for $10 million

by Art Moore -- On the heels of the announcement today by U.S. authorities that HSBC has agreed to pay a fine of $1.92 billion for money laundering and violating international sanctions, more…

Reid: No deal on fiscal cliff by Christmas

by -NO AUTHOR- -- (CNBC) — Senate Majority Leader Harry Reid said Tuesday Democrats aren't going to make an offer on spending cuts for Republicans and that it will be hard to more…

Massive exodus out of California

by -NO AUTHOR- -- (NBCLOSANGELES) — About 100,000 more people moved away from California in 2011 than relocated to the Golden State, according to the latest report from the U.S. Census Bureau. more…

Norquist won't oppose wobbly GOP on taxes, yet

by -NO AUTHOR- -- (REUTERS) — Republican lawmakers who publicly mull acquiescing to tax increases on the wealthiest Americans may be guilty of "impure thoughts" in the words of anti-tax crusader Grover more…

75% of Obama's tax hikes are for new spending

by -NO AUTHOR- -- (WEEKLYSTANDARD) — Seventy-five percent of the new revenue pulled in by President Barack Obama's "fiscal cliff" plan would go toward new spending, not toward deficit reduction, the Republican more…

Rolls-Royce sucked into corruption scandal

by -NO AUTHOR- -- (DAILYMAIL) — Rolls-Royce has been sucked into a multinational corruption scandal, after it admitted being the subject of a bribery probe by the Serious Fraud Office. The SFO more…

GOP struggles with previous no-new-tax pledge

by -NO AUTHOR- -- (JACKSONVILLE) — A generation ago U.S. Rep. Jack Kingston, R-Ga., signed a pledge promising not to raise taxes when he first ran for Congress. “I viewed it as more…

Lie-detector tests for welfare cheaters

by -NO AUTHOR- -- (TELEGRAPH) — Council leaders have introduced lie detector tests in a bid to catch benefit fraudsters who trick them out of thousands of pounds every year. The move more…