Joseph Kolker

Korean Air Lines Co. (003490.SE) plans to bid for a stake in Korea Aerospace Industries Ltd. (047810.SE), or KAI, and has recently selected Bank of America Merrill Lynch to manage the deal, the Maeil Business Newspaper reported on its website Sunday, citing sources in the investment banking

HSBC Holdings PLC (HBC) is expected to make a $200 million provision for costs after the bank came under scrutiny for failing to combat money laundering in its U.S. operations, the Sunday Telegraph reported.

Aviva PLC (AV) has received a number of unsolicited approaches from financial and private equity buyers for its U.S. life division, according to the Sunday Telegraph.

South Korea's KT Corp. (KT, 030200.SE) apologized Sunday after acknowledging that the personal data for 8.7 million of the company's subscribers had been hacked and said it will devote efforts to prevent any recurrences.

Hyundai Motor Co. Ltd. (HYMLY, 005380.SE) will recall an estimated 221,630 automobiles in the U.S. due to a possible defect in the airbags, according to a posting on the U.S. National Highway Traffic Safety Administration's website.

Without a scuffling Josh Hamilton in the lineup, the Texas Rangers failed to come up with a clutch hit against the Chicago White Sox.

Early Saturday, Cleveland manager Manny Acta said he was expecting more from his starting pitchers this season.

Matt Moore outpitched C.J. Wilson, scattering four hits over 6 1-3 innings, and Ben Zobrist homered to lead the Tampa Bay Rays past the Los Angeles Angels 3-0 Saturday night.

Ike Davis hit three home runs only minutes from home and still couldn't truly enjoy it.