HSBC in Talks to Settle U.S. Money-Laundering Claim

Aug. 24 (Bloomberg) -- In "Street News," Bloomberg's Alix Steel reports on today's top stories including HSBC is in talks to settle money-laundering allegations, Bristol-Meyers drops a hepatitis C drug after the death of a patient, Apple bets the iPhone is too cool to be blocked in the U.S. and 7-time Tour de France winner Lance Armstrong has dropped his fight against drug-doping allegations. She speaks on Bloomberg Television's "Bloomberg Surveillance."