Three individuals who were caught conspiring to distribute heroin during a wiretap investigation pled guilty recently in federal court in Cedar Rapids. Cody Scott Deklotz, age 31, from Shellsburg, Iowa, …
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Department of Justice Press Releases
Former Alabama Correctional Sergeant Sentenced for Assaulting Inmates
by DOJ Pressby DOJ PressMontgomery, Alabama – The Justice Department today announced that Ulysses Oliver Jr., 47, a former Alabama Department of Corrections Sergeant, was sentenced in federal court to 30 months of …
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Financial News
Russia threatens legal action if forced into sovereign debt default
by Reutersby Reuters(Reuters) -Russia will take legal action if the West tries to force it to default on its sovereign debt, Finance Minister Anton Siluanov told the pro-Kremlin Izvestia newspaper on Monday, …
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ZURICH – German logistics entrepreneur Klaus-Michael Kuehne has increased his stake in Germany’s flag carrier Lufthansa to 10%, Kuehne Holding AG said in a statement on Monday. Kuehne, 84, had …
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Top HeadlinesUS and World News
Explainer-I’m eligible for a second COVID booster. Should I get one?
by Reutersby ReutersBy Julie Steenhuysen CHICAGO – U.S. officials now say that people 50 and older can get a second COVID-19 booster shot to fortify their immune defenses against COVID-19. But for …
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Top HeadlinesUS and World News
WHO says it is analysing two new Omicron COVID sub-variants
by Reutersby ReutersBy Jennifer Rigby (Reuters) – The World Health Organization said on Monday it is tracking a few dozen cases of two new sub-variants of the highly transmissible Omicron strain of …
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(Reuters) – U.S. stock indexes opened lower on Monday, dragged down by high-growth stocks as Treasury yields surged, ahead of Tuesday’s inflation data that could back a more hawkish stance …
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Financial News
Factbox-JetBlue, Frontier in high-stakes battle for budget airline Spirit
by Reutersby Reuters(Reuters) – JetBlue Airways and Frontier Group are in a tug of war for low-cost carrier Spirit Airlines, as U.S. airlines jostle for a larger share of the rebounding leisure …
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(Reuters) – General Motors Co said on Monday it has developed a global continuity plan with its partners and suppliers to mitigate the uncertainty faced by the auto industry following …
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Top HeadlinesUS and World News
Hungary, Austria questioned EU blacklisting of Russia oligarchs – sources
by Reutersby ReutersBy Francesco Guarascio BRUSSELS – Hungary and Austria questioned an EU decision to blacklist two Russian oligarchs but eventually accepted the move after pressure from other governments, European Union diplomats …
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(Reuters) – Luckin Coffee Inc, said on Monday it had emerged from bankruptcy proceedings, two years after an accounting fraud derailed the coffee chain’s business. Founded in 2017, Xiamen-based Luckin …
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Financial News
Traders reroute coffee bound to Russia, demand hit from war seen
by Reutersby ReutersBy Marcelo Teixeira BOSTON – Traders are diverting coffee shipments that were initially expected to go to Russia, and some have stopped selling to that market altogether, attendees at a …
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Top HeadlinesUS and World News
Australian election campaign kicks off with opposition ahead in polls
by Reutersby ReutersBy Renju Jose SYDNEY -Australian Prime Minister Scott Morrison’s government could lose the federal election to be held on May 21, according to polls on Monday, even as they showed …
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Financial News
Hungary says roubles-for-Russian gas plan breaches no EU sanctions
by Reutersby ReutersBUDAPEST – Hungary plans to pay for Russian gas in euros through Gazprombank, which will convert the payment into roubles to meet a new requirement set by President Vladimir Putin, …
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BERLIN – Mercedes-Benz aims to halve its CO2 emissions by 2030, the carmaker said on Monday, providing a half-way goal to its existing target of becoming CO2 neutral by 2039. …
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Financial News
Lessor BOC Aviation to buy 80 Airbus aircraft in its largest order
by Reutersby Reuters(Reuters) – BOC Aviation said on Monday it plans to buy 80 Airbus A320neo family jets in what is the aircraft-leasing firm’s largest order. The order consists of 10 A321XLR …
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Financial News
Canada plans to double homebuilding in decade, but where are the workers?
by Reutersby ReutersBy Julie Gordon and Nichola Saminather OTTAWA -Canada has an ambitious plan to double the pace of homebuilding within a decade but the first big challenge is finding enough skilled …
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By Supantha Mukherjee and Anna Ringstrom STOCKHOLM – Ericsson is suspending its business in Russia indefinitely and has put employees on paid leave, six weeks after the Swedish telecom equipment …
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Top HeadlinesUS and World News
Ukraine conflict hurts Russian science, as West pulls funding
by Reutersby ReutersBy Gloria Dickie and Dasha Afanasieva LONDON – Dozens of international scientists have arrived each year since 2000 at Russia’s remote Northeast Science Station on the Kolyma River in Siberia …
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(Reuters) – Pfizer Inc said on Monday that Lowe’s Cos Inc Chief Financial Officer David Denton would succeed company veteran Frank D’Amelio as the U.S. drugmaker’s finance chief. Denton, who …
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Financial News
Exclusive-Apple faces extra EU antitrust charge in music streaming probe -source
by Reutersby ReutersBy Foo Yun Chee BRUSSELS – Apple faces an additional EU antitrust charge in the coming weeks in an investigation triggered by a complaint from Spotify, a person familiar with …
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Financial News
China will step up implementation of macro policies – state media
by Reutersby ReutersBEIJING – China will step up the implementation of macro policies as the downward pressure on the economy is increasing, state media on Monday quoted Premier Li Keqiang as saying. …
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By Anne Kauranen HELSINKI – Russia’s state-owned nuclear power supplier Rosatom and its Finnish unit RAOS Project will proceed with a planned nuclear plant in Finland, RAOS said on Monday, …
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BRUSSELS – The European Commission has added 21 Russian airlines to a list of carriers banned from operating in the 27-nation bloc because they do not meet international safety standards, …
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Financial News
Portugal’s TAP posts 1.6 billion euro loss, sees ‘cautious optimism’ for 2022
by Reutersby ReutersBy Patricia Vicente Rua and Catarina Demony LISBON -Ailing Portuguese airline TAP posted an annual loss of 1.6 billion euros ($1.74 billion) on Monday, while voicing “cautious optimism” that 2022 …