Europe's largest bank will pay a nearly $2 billion settlement to end a U.S. Justice Department money laundering investigation looking at the bank's role in moving cash for known terror groups, Mexican drug cartels, and rogue governments such as Iran, which has been facing stiff sanctions from the U.S., federal officials announced at a press conference today. The bank, HSBC, will pay a massive fine – the largest ever in such a case – in order to avoid a criminal prosecution that could have cri...
According to a new report from the U.S. Department of Energy’s information service, U.S. crude oil production is expected to increase by 760,000 barrels a day in 2012, an all-time record. “This is the largest rise in annual output since the beginning of U.S. commercial......
Organizers of a Toys for Tots drive in Seattle have been left devastated after a Christmas Grinch broke into a facility storing over $6,000 worth of gifts for needy kids and stole nearly everything. Nichelle Hilton, who works at the East Cherry Branch of the......
A report that Sir Ian McKellen has had prostate cancer for the past six or seven years as reported by a U.K. tabloid has been denied by the actor’s representative, who confirms that McKellen is in fine health fine Chris Andrews at CAA, who reps McKellen, confirmed toABCNews.com today......
If you've ever dreamed of owning your own private island, dream no more. Private Islands Inc. has compiled a list of its "most attractive" listings for under $350,000. ...
Charlie Sheen is feeling pretty charitable these days. The “Anger Management” star recently gave $75,000 to a fund for a 10-year-old girl fighting Alveoler Rhabdomyosarcoma, a type of cancer that often attacks soft tissue in a child’s face. According to TMZ, Sheen made the donation after meeting......
Nightline" was given a rare glimpse behind the scenes of "Downton Abbey," the Emmy award-winning PBS series about the struggles and antics of a noble British household during World War I....
The United States Marine Corps is acting to terminate its agreement with a North Carolina clothing manufacturer that was believed to be making clothing with American military logos and slogans in a Bangladesh factory where a fire killed more than 112 workers, officials said.
Activists in Bangladesh told ABC News that inside the smoldering wreckage of the Tazreen Fashions factory they found order forms and design specs from the brand, Soffe, for sweatshirts and tank tops emblazoned with U.S....
Read more: Marines Move to Dump Clothes Company After Deadly Factory Fire
The Treasury Department today announced it has sold its remaining shares of American International Group, bringing the U.S. bailout profit to $22.7 billion and concluding the largest government assistance package of the financial crisis. Four years after taxpayer support saved the insurance giant from the......
Only 21 days before a slate of abrupt tax increases and steep spending cuts are set to take effect, House Speaker John Boehner will go to the floor of the House of Representatives today to update lawmakers on the status of the “fiscal cliff” negotiations......
Actress Joanna Froggatt, who plays the head housemaid, talks about her character in the upcoming season....
Read more: Watch: 'Downton Abbey': What Happens to Anna and Mr. Bates?
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Air Force launches mystery mini-shuttle back into space, returning to orbit after 2 years
Battle over right-to-work legislation heats up in Michigan
Michigan House OKs contentious right-to-work bill as protesters mass on state Capitol grounds