HSBC Puts Aside $2B for U.K., U.S. Fines, Lawsuits
July 30 (Bloomberg) -- In "Street News," Bloomberg's Scarlet Fu reports on today's top stories including Apple and Samsung's mobile phone and table patent battle comes to the United States in a California court case, HSBC sets aside a combined $2 billion for British customers wrongly sold payment protection insurance and fines for U.S. regulators related to money laundering charges and Republican presidential candidate Mitt Romney calls stopping a nuclear Iran the highest national security priority during a visit to Israel. She speaks on Bloomberg Television's "Bloomberg Surveillance."
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
19:14 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)