Bank of America hit with $1.2bn fine for money laundering failings
The bank inadequately flagged transactions linked to potential Chinese money laundering networks, the Treasury said.
This is a wire headline. The full story is published by BBC News.
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Energy Department Order Takes Aim at Mid-Atlantic Blackout Risk
The order as a precaution allows grid operators to use backup generation this week. There were no widespread outages reported.
Why Easing Sanctions on Russian Diesel Is Unlikely to Lower Fuel Costs
President Trump’s deal with Russia will probably not lower diesel prices that have soared because of his war with Iran and Ukrainian attacks on Russian refineries.
Airport drop-off charges to be reviewed after sharp increase
Confirming the review, the government said it was "vital to ensure travel remains accessible and that passengers are treated fairly".
Netflix, Facing Slowing Growth, Cuts 6% of Its Work Force
The streamer’s share price is down more than 40 percent over the last year as the company has struggled with stalling engagement.