By Steve Holland WASHINGTON -The United States is considering blocking Russia’s ability to pay its U.S. bondholders by allowing a key waiver to expire next week, a U.S. administration official …
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Financial News
Slovak finance minister sets up battle with proposed tax on Russian oil processing
by Reutersby Reuters(Reuters) – Slovak Finance Minister Igor Matovic said on Tuesday he would propose a special tax on Russian crude processed in the country, clashing with a government coalition partner as …
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Department of Justice Press Releases
Methamphetamine Trafficker Is Sentenced To More Than 19 Years In Federal Prison
by DOJ Pressby DOJ PressCHARLOTTE, N.C. – Today, U.S. District Judge Frank D. Whitney sentenced Timothy Wayne Bates, 51, of Dallas, N.C., to 235 months in prison and five years of supervised release for …
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Department of Justice Press Releases
Two Philadelphia Men Facing Federal Charges After Botched Robbery of Northeast Philly Corner Store Results in Exchange of Gunfire
by DOJ Pressby DOJ PressPHILADELPHIA – United States Attorney Jennifer Arbittier Williams announced that Resean Lewis, 25, and William McIntyre, 27, both of Philadelphia, PA, were arrested and charged by Indictment with attempted Hobbs …
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Department of Justice Press Releases
Bronx Man Involved in Brazen Burglary Ring Sentenced to More Than 7 Years in Federal Prison
by DOJ Pressby DOJ PressVanessa Roberts Avery, United States Attorney for the District of Connecticut, announced that ALEXANDER J. SANTIAGO, 27, of the Bronx, New York, was sentenced today by U.S. District Judge Michael …
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Department of Justice Press Releases
Man Pleads Guilty to Sexually Assaulting Woman on the Warm Springs Indian Reservation
by DOJ Pressby DOJ PressPORTLAND, Ore.—A Warm Springs, Oregon man pleaded guilty today for sexually assaulting a woman on the Warm Springs Indian Reservation. Jerome Albert Stanley, Jr., 27, pleaded guilty to one count …
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Financial News
What happened with Abbott baby formula that worsened a U.S. shortage?
by Reutersby Reuters(This story corrects to drop “Dr” title before Peter Pitts’ name in paragraph 11) (Reuters) – Abbott Laboratories, the biggest U.S. supplier of powder infant formula including Similac, has agreed …
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Department of Justice Press Releases
Indictment Charges North Branford Man with Child Exploitation Offense
by DOJ Pressby DOJ PressVanessa Roberts Avery, United States Attorney for the District of Connecticut, and Matthew B. Millhollin, Special Agent in Charge, Homeland Security Investigations (HSI), Boston, today announced that a federal grand …
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Department of Justice Press Releases
Former Union County Postal Employee Sentenced to Three Years in Prison for Conspiring to Commit Bank Fraud and Fraudulently Attempting to Obtain SBA Loans
by DOJ Pressby DOJ PressNEWARK, N.J. – An Essex County, New Jersey, woman was sentenced today to 36 months in prison for stealing checkbooks and credit cards from the mail while employed as a …
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Department of Justice Press Releases
Two charged for smuggling over 100 people through Laredo checkpoints
by DOJ Pressby DOJ PressLAREDO, Texas – A Laredo federal grand jury has returned two separate and unrelated indictments which involve transporting and/or smuggling of large groups of undocumented aliens via tractor trailers, announced …
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Department of Justice Press Releases
Visa holder indicted trafficking cocaine through WTB
by DOJ Pressby DOJ PressLAREDO, Texas – A 31-year-old Mexican National who resided in Nuevo Laredo, Tamaulipas, has been charged with conspiracy to possess with intent to distribute more than five kilograms of cocaine, …
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The United States has filed a lawsuit against The Prometheus Group (Prometheus), a New Hampshire manufacturer of pelvic muscle therapeutic systems and related rectal probes, and Richard Poore, its president …
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Department of Justice Press Releases
Burien, Washington, seafood broker sentenced for illegally shipping potentially tainted clams
by DOJ Pressby DOJ PressSeattle – A Burien, Washington, seafood broker was sentenced today in U.S. District Court in Seattle to 90 days in prison, and three years of supervised release, for smuggling goods …
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Department of Justice Press Releases
Kalispell couple admit crimes in scheme to steal mail and use personal information found in mail to defraud businesses
by DOJ Pressby DOJ PressMISSOULA — A Kalispell couple accused in a scheme to steal mail in Lincoln and Flathead counties and of using personal information found in the stolen mail to shop at …
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Department of Justice Press Releases
Pennsylvania Man Charged with $1.7 Million Paycheck Protection Program Loan Fraud Scheme
by DOJ Pressby DOJ PressNEWARK, N.J. – A Pennsylvania man was charged for his role in a scheme to fraudulently obtain over $1.7 million in federal Paycheck Protection Program (PPP) loans for himself and …
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Department of Justice Press Releases
Tucson Man Sentenced To 180 Months In Prison
by DOJ Pressby DOJ PressFORT WAYNE- Eduardo A. Arguelles, Jr., age 20, of Tucson, Arizona, was sentenced by United States District Court Judge Holly A. Brady, on his plea of guilty to possession with …
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Department of Justice Press Releases
Postal Service Employee Sentenced for Fraudulent Claims
by DOJ Pressby DOJ PressKANSAS CITY, Mo. – A Lee’s Summit, Mo., woman was sentenced in federal court today for fraudulently claiming reimbursements for travel expenses for her work for the U.S. Postal Service. …
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Department of Justice Press Releases
Justice Department Files False Claims Act Complaint Against Medical Device Manufacturer And Its Owner For Training Providers To Improperly Reuse Disposable Items
by DOJ Pressby DOJ PressGRAND RAPIDS, MICHIGAN – The United States has filed a lawsuit against The Prometheus Group (Prometheus), a New Hampshire manufacturer of pelvic muscle therapeutic systems …
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Department of Justice Press Releases
Cleveland Man Sentenced to Prison for Starting Fire in Rebol Restaurant During May 30 Demonstrations and Unrest in Downtown Cleveland
by DOJ Pressby DOJ PressActing U.S. Attorney Michelle M. Baeppler announced that Michael Sloan, 27, of Cleveland, was sentenced today by U.S. District Judge J. Philip Calabrese to 43 months, or more than three …
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Department of Justice Press Releases
Waterloo Drug Dealer Sentenced to Federal Prison for Possessing a Firearm
by DOJ Pressby DOJ PressA Waterloo man who illegally possessed a firearm as a drug user was sentenced May 16, 2022, to more than a year in federal prison. Kierin Craig Johnson, age 24, …
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Department of Justice Press Releases
Gary Man Convicted of Firearms Offense
by DOJ Pressby DOJ PressHAMMOND – Milton L. Harvey, Jr, age 42, of Gary, Indiana, was found guilty of a firearm offense following a 2-day jury trial in front of United States District Court …
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Financial News
REE Automotive to hold customer tests of electric van in Detroit
by Reutersby ReutersBy Nick Carey LONDON – REE Automotive, which develops rolling chassis for commercial electric vehicles (EVs), said on Tuesday that it will start customer tests of its electric walk-in van …
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Financial News
Tesla stops taking orders for Cybertruck outside North America -website
by Reutersby ReutersSHANGHAI -U.S. electric vehicle manufacturer Tesla Inc has stopped taking orders for its upcoming Cybertruck pickup truck outside of North America, according to its official website. The automaker is only taking …
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Financial News
Consumer stocks diverge as Walmart disappoints, citing inflation
by Reutersby ReutersBy Sinéad Carew (Reuters) – Shares in consumer discretionary and staples stocks were trading in opposite directions on Tuesday as encouraging retail sales data was countered by disappointing earnings and …
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Financial News
Fed’s Powell vows to raise rates as high as needed to kill inflation surge
by Reutersby ReutersWASHINGTON -Federal Reserve Chair Jerome Powell on Tuesday pledged that the U.S. central bank would ratchet interest rates as high as needed to kill a surge in inflation that he …