Oil slumps 7% as U.S. plans record crude reserve release
By Arathy Somasekhar HOUSTON -U.S. oil prices fell 7% to close just above $100 on Thursday as President Joe Biden announced the largest ever release from the U.S. Strategic Petroleum…
By Arathy Somasekhar HOUSTON -U.S. oil prices fell 7% to close just above $100 on Thursday as President Joe Biden announced the largest ever release from the U.S. Strategic Petroleum…
By Jonathan Stempel NEW YORK – A federal judge on Thursday dismissed a lawsuit accusing Binance, the world’s largest cryptocurrency exchange by trading volume, of violating U.S. securities laws by…
By Kirstin Ridley LONDON -A proposed multi-billion pound claim brought by thousands of asset managers, pension funds and financial institutions against major banks over alleged foreign exchange (forex) rigging has…
By John McCrank NEW YORK -The dollar rose on Thursday as a lack of progress in peace talks between Russia and Ukraine boosted demand for the safe-haven currency and as…
MEXICO CITY – Mexican President Andres Manuel Lopez Obrador said on Thursday his government will seek to control food prices if inflation cannot be brought down. “We’ve been able to…
SEASIDE HEIGHTS, NJ – Everyone loves a clean beach, except for some reason; when people visit our Jersey Shore beaches, they leave tons of trash annually behind them. While each…
NEW DELHI – NTPC Ltd’s $2.81 billion coal-fired power plant, which is currently under construction in India, may face supply issues from Russian entities, India’s power minister said on Thursday.…
A former coal company executive was arrested today on charges of violating the Foreign Corrupt Practices Act (FCPA), laundering funds, and receiving kickbacks as part of an alleged scheme to…
Baltimore, Maryland – Anuja Kurichh, M.D., an internal medicine physician who operates a medical practice known as PHC Healthcare, LLC in College Park, Maryland, has agreed to pay the United…
Montgomery, Alabama – On March 29, 2022, Bradley Shane Fisher, a 42-year-old Chilton County man, was sentenced to 57 months in prison for being a felon in possession of…
WASHINGTON – Mark Bowser, 42, of Capitol Heights, Maryland, has been found guilty by a jury of first-degree murder while armed and other charges…
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CLARKSBURG, WEST VIRGINIA – Shuron Howard, of Morgantown, West Virginia, has admitted to a firearms charge, United States Attorney William Ihlenfeld announced. Howard, 24, pleaded guilty today to one count…
MARTINSBURG, WEST VIRGINIA –Shaquan Osullivan Kelly, of Ranson, West Virginia, was sentenced today to 21 months of incarceration for a drug charge, United States Attorney William Ihlenfeld announced. Kelly, 25,…
WASHINGTON – A former coal company executive was arrested today on charges of violating the Foreign Corrupt Practices Act (FCPA), laundering funds, and receiving kickbacks as part of an alleged…
BRUNSWICK, GA: The Atlanta-area drug supplier to a south Georgia drug trafficking conspiracy has been sentenced to more than a decade in federal prison, wrapping up the prosecution of a…
United States Attorney Bob Murray announced today that PAUL MCCOWN, 33, of Lander, Wyoming pleaded guilty on March 29, 2022, before Chief United States District Court Judge Scott W. Skavdahl,…
BOSTON – A North Carolina-based clinical laboratory, Radeas LLC, has agreed to pay $11.6 million to resolve allegations that it submitted false claims for payment to Medicare for medically unnecessary…
A man who strangled and assaulted an elderly female relative was sentenced this week in federal court, announced U.S. Attorney Clint Johnson. U.S. District Judge Gregory K. Frizzell sentenced Matthew…
STOCKHOLM – Finnish network equipment maker Nokia said on Thursday it had launched a legal challenge to a decision by the Romanian government to exclude it from selling 5G technology…
WASHINGTON – President Joe Biden on Thursday accused U.S. oil companies of enjoying record profits while Americans pay high gasoline prices and said they should use the money to produce…
By Mircely Guanipa and Marianna Parraga CARACAS/HOUSTON – Venezuela’s state-run energy firm PDVSA is in talks to buy and lease several oil tankers amid a possible expansion in exports, according…
(Reuters) – French agribusiness group InVivo has entered exclusive negotiations to merge its retail activities with 2MX Organic, an acquisition vehicle backed by French telecoms billionaire Xavier Niel, the companies…
By Brijesh Patel (Reuters) – Gold on Thursday was headed for its biggest quarterly gains since the coronavirus pandemic-led surge in mid-2020 as concerns over soaring consumer prices and the…
WASHINGTON – Achieving a “soft landing” for the U.S. economy amid new inflationary pressures prompted by Russia’s invasion of Ukraine will be a challenging task for the Federal Reserve and…