-Lordstown Motors Corp’s former chief executive sold $13.5 million worth of shares in the electric vehicle startup on Monday, according to a regulatory filing on Wednesday, as it struggles to…
By Paresh Dave and Sheila Dang -Business software giant Oracle Corp said on Wednesday it has suspended all operations in Russia, while rival SAP SE later announced it would pause…
By Andrea Shalal WASHINGTON -The World Bank said on Wednesday it had stopped all programs in Russia and Belarus with immediate effect, following the Russian invasion of Ukraine and “hostilities…
By Ann Saphir – In the U.S. Midwest one retailer planned to raise prices but did not have enough floor staff to physically change the tags. In the South, a…
By Aditya Kalra NEW DELHI -Amazon.com Inc plans to initiate criminal court proceedings this week against its Indian partner Future Retail for allowing the transfer of assets to a major…
-American Eagle Outfitters Inc on Wednesday forecast a decline in earnings for the first half of 2022 as freight expenses surge and benefits from federal stimulus fade, sending its shares…
By Davide Barbuscia NEW YORK – Overseas investors in Russia have tens of billions invested in the country’s stocks and bonds, according to Morningstar data. U.S. asset managers like Capital…
By John McCrank and Davide Barbuscia NEW YORK – Capital Group Companies Inc, one of the world’s largest investment management companies, known for its American Funds mutual funds, had billions…
(Refiles to correct spelling of Bank Otkritie in paragraph 2) By Philip Blenkinsop BRUSSELS – The European Union said on Wednesday it was excluding seven Russian banks from the SWIFT…
By David Henry and Noor Zainab Hussain NEW YORK -Citigroup Inc unveiled a raft of new targets as it laid out its strategy for the next three to five years…
By Supantha Mukherjee, Johan Ahlander and Chris Prentice STOCKHOLM/WASHINGTON – Sweden’s Ericsson on Wednesday said the U.S. Justice Department accused it of breaking terms of a 2019 deal with prosecutors…
By Tom Sims and Carolyn Cohn FRANKFURT/LONDON -European bank shares halted their slide on Wednesday after dropping to their lowest level in nearly 11 months on fallout from the Ukraine…
By Paresh Dave, Elizabeth Culliford and Sheila Dang – Online payments company PayPal Holdings Inc stopped accepting new users in Russia on Wednesday given current circumstances, a company spokesperson told…
By William Schomberg LONDON -Bank of England Deputy Governor Jon Cunliffe said the crisis triggered by Russia’s invasion of Ukraine would add to risks in financial markets which have already…
SPRINGFIELD, Mo. – A Chanute, Kansas, man serving with the Army National Guard pleaded guilty in federal court today to sexually exploiting an 11-year-old southwest Missouri victim to produce child…
PROVIDENCE, R.I. – A Providence man has been ordered detained in federal custody on charges that he filed fraudulent applications for pandemic unemployment assistance payments in at least eight states…
WILLIAMSPORT- The United States Attorney’s Office for the Middle District of Pennsylvania announced that Lisa Montpelier, 48, of Johnson City, Tennessee, was sentenced to 24 months’ imprisonment to be followed…
ALEXANDRIA, Va. – A Los Angeles man was sentenced today to 14 years in prison for leading a conspiracy involving the distribution of wholesale quantities of synthetic cannabinoids—commonly known as…
PROVIDENCE, R.I. – A Pawtucket man previously convicted and incarcerated in Massachusetts and Rhode Island on drug trafficking charges has been ordered detained in federal custody in Rhode Island on…
LOS ANGELES – A former Transportation Security Administration (TSA) officer was arrested today on a federal criminal complaint alleging he smuggled what he believed was methamphetamine through Los Angeles International…
WILLIAMSPORT – The United States Attorney’s Office for the Middle District of Pennsylvania announced that on March 1, 2022, inmate William Henry Foster, age 35, was sentenced to 12 months’…
SOUTH BEND – Sean Beebout, 27 years old, of Logansport, Indiana, was sentenced by United States District Court Judge Damon R. Leichty after pleading guilty to possessing an unregistered sawed-off…
WILLIAMSPORT- The United States Attorney’s Office for the Middle District of Pennsylvania announced that on March 1, 2022, Mildred Hoy, 62, of Bellefonte, PA, was sentenced to 18 months’ imprisonment…
DAVENPORT, Iowa – Marshall Eugene Popp, age 31, formerly of Moline, was sentenced on February 28, 2022, to 36 months in prison for Felon in Possession of a Firearm. Following…
Acting U.S. Attorney Michelle M. Baeppler announced that a federal jury returned guilty verdicts on Tuesday, March 1, 2022, against Defendant Brandon J. Sharp, 34, of Lorain, Ohio, following a…