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NPR

HSBC Officials Knowingly Dealt With Iranian Banks

British bank HSBC has agreed to pay a record fine of $1.9 billion to settle an investigation by U.S. prosecutors. HSBC faced charges of laundering money for Mexican drug cartels and facilitating prohibited transactions with nations like Iran and Cuba. For more, Robert Siegel talks with Jimmy Gurul, law professor at Notre Dame University.
NPR

Small Businesses Might Still Hire If Taxes Are Raised

President Obama has said it over and over — to help balance the federal budget, the wealthiest Americans should pay more in taxes. Republicans frame it a different way and say raising those taxes would hit small businesses, making them less likely to hire new workers.
NPR

Big Stores Changed Retail With Hands-On Shopping

This week we are exploring the evolution of the American shopping experience. Audie Cornish speaks with Jan Whitaker, who has researched the history and influence of the department store.
NPR

U.S. Officials Hope HSBC Penalty Sends A Message

One of Britain's largest banks has agreed to pay $1.9 billion to settle money laundering charges brought by U.S. officials. HSBC acknowledged that it transferred money for Mexican drug cartels and for countries such as Iran that are under international sanctions.

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