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HSBC Holdings' profit falls 1.3% and is impacted by provisions

HONG KONG – First-quarter earnings at HSBC Holdings fell 1.3% from a year ago, as it put aside money for potential legal liabilities, including its role in selling mortgage-backed securities in 2007. Net income for the period from January to March was $ 3.09 billion, compared to $ 3.13 billion a year ago, said HSBC, one of the largest banks …

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Best Buy, Delta, Sears Impacted by [24] 7.ai chat widget infringement

Several companies have reported that their customers have been at risk due to a breach by third-party service providers [24] 7.ai that provide a chat widget used by the affected sites. Among the companies that publicly reported that their customers might be affected by the injury are Best Buy, Delta Airlines and Sears Holdings. Delta and Sears both announced that …

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