WASHINGTON – The U.S. economy is likely to continue growing at an above-trend pace for at least the next 18 months, and households are likely to continue spending as the …
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WASHINGTON – A union representing flight attendants at Frontier Airlines and Spirit Airlines said it would back a proposed merger after it reached a deal for a merger transition agreement. …
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Financial News
Fed’s Kashkari says easing of supply chains could limit rate hikes
by Reutersby Reuters(Reuters) -How high the Federal Reserve will ultimately need to raise U.S. interest rates will depend in large part on how quickly supply bottlenecks can get unstuck, Minneapolis Fed President …
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(Reuters) – Russia’s largest lender Sberbank, which has been hit by Western sanctions, plans to drop its listing in London after its depositary terminated an agreement with it, the bank …
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Department of Justice Press Releases
University Of Maryland Shore Regional Health Agrees to Pay $296,870 to Settle Federal False Claims Act Allegations of Billing for Unsupervised Radiation Therapy and Diagnostic Services
by DOJ Pressby DOJ PressBaltimore, Maryland – The University of Maryland Shore Regional Health in Easton, Maryland (“Shore Health”), has agreed to pay the United States $296,870 to resolve allegations that it violated the …
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Department of Justice Press Releases
California Man Pleads Guilty in Cocaine Conspiracy
by DOJ Pressby DOJ PressPITTSBURGH – Michael Wright pleaded guilty to conspiring to distribute cocaine, United States Attorney Cindy K. Chung announced today. Wright, age 44 of San Diego, California, pled guilty before United …
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Department of Justice Press Releases
Sixteen Defendants Arrested on Federal Drug Conspiracy Charges out of Chesterfield and Darlington Counties
by DOJ Pressby DOJ PressFlorence, South Carolina — A joint team of federal, state, and local law enforcement officers have arrested 16 individuals who have all been charged in federal court for their roles …
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Department of Justice Press Releases
Houston area residents charged in kickback scheme
by DOJ Pressby DOJ PressHOUSTON – The final defendants in a health care fraud scheme involving local pharmacies and a pain clinic are set to make their appearances in Houston federal court, announced U.S. …
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Department of Justice Press Releases
Three Portfolio Managers And Allianz Global Investors U.S. Charged In Connection With Multi-Billion Dollar Fraud Scheme
by DOJ Pressby DOJ PressAllianz Global Investors U.S. LLC Also Charged With Securities Fraud, Agrees to Plead Guilty Damian Williams, the United States Attorney for the Southern District of New York, Lisa O. Monaco, …
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Department of Justice Press Releases
Mountain View Man Pleads Guilty to Murder in National Park
by DOJ Pressby DOJ PressSPRINGFIELD, Mo. – A Mountain View, Mo., man has pleaded guilty in federal court to murdering his estranged wife during an argument when they met in a national park. Dylan …
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Department of Justice Press Releases
Indianapolis Man Sentenced to 30 Years in Federal Prison for Sexual Exploitation of a Child
by DOJ Pressby DOJ PressINDIANAPOLIS – Ryan Niendorf, 39, of Indianapolis, was sentenced to 30 years in federal prison following his guilty plea to sexual exploitation of a child and attempted sexual exploitation of …
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Allianz Global Investors U.S. LLC Also Charged with Securities Fraud, Agrees to Plead Guilty An indictment was unsealed today in the Southern District of New York charging Gregoire Tournant, the …
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Department of Justice Press Releases
Jury convicts out-of-state man for human smuggling in Texas
by DOJ Pressby DOJ PressCORPUS CHRISTI, Texas – A federal jury has convicted a 54-year-old Chicago, Illinois, man for transporting illegal aliens in a tractor trailer, announced U.S. Attorney Jennifer B. Lowery. The jury …
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Department of Justice Press Releases
MS-13 Gang Member Pleads Guilty to Three Murders on Long Island
by DOJ Pressby DOJ PressEarlier today, in federal court in Central Islip, Jhonny Contreras, a member of the Brentwood Locos Salvatruchas clique of La Mara Salvatrucha, also known as the MS-13, a transnational criminal …
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Department of Justice Press Releases
South Florida Tax Preparer Sentenced to 18 Months in Prison for Tax Fraud
by DOJ Pressby DOJ PressMiami, Florida – Kasali Opabola, Jr., a Lake Worth, Florida tax preparer who failed to report his business income to the IRS, was sentenced yesterday to 18 months in federal …
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Department of Justice Press Releases
Former Head of Anaheim Chamber of Commerce Named in Federal Criminal Complaint Alleging False Statements on Loan Application
by DOJ Pressby DOJ PressSANTA ANA, California – The former president and CEO of the Anaheim Chamber of Commerce is expected to appear this afternoon in federal court after being charged with lying …
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Department of Justice Press Releases
Decatur County Man Sentenced for Resisting Arrest by a Federal Officer
by DOJ Pressby DOJ PressJackson, TN- Anthony Ray Phoenix, 37, of Decatur County, has been sentenced to 100 months in federal prison for resisting arrest by a federal officer. Joseph C. Murphy, Jr., …
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Department of Justice Press Releases
Career Offender Sentenced to Over 10 Years for Possession of Fentanyl with Intent to Distribute
by DOJ Pressby DOJ PressMemphis, TN – Jerry Moore, 36, has been sentenced to 125 months in federal prison for being a prohibited person in possession of ammunition, and for possession with intent …
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Department of Justice Press Releases
Former pastor and coach pleads guilty to child exploitation
by DOJ Pressby DOJ PressMemphis, TN- Joshua Henley, 33, formerly of Benton County, Tennessee, and Evansville, Indiana, pled guilty Monday in federal district court to an eight-count indictment, admitting that he produced child …
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(Reuters) -Citigroup Inc’s shares rose nearly 8% after a new $3 billion bet by billionaire investor Warren Buffett’s Berkshire Hathaway Inc boosted confidence in the battered Wall Street lender’s stock. …
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Breaking NewsD.C. NewsPolice Blotter
D.C. Police Search for Attempted Robber Armed With Sharp Metal Object
WASHINGTON, D.C. – The Washington, D.C. Metro Police Department is investigating an Assault with Intent to Commit Robbery while Armed offense that took place on May 15th. This incident happened …
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Financial News
Strong U.S. retail sales, manufacturing output boost economic outlook
by Reutersby ReutersBy Lucia Mutikani WASHINGTON – U.S. retail sales rose strongly in April as consumers bought more motor vehicles amid an improvement in supply and increased spending at restaurants, providing a …
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Financial News
U.S. corporate bond deals to ebb this year amid higher rates, volatility -BofA
by Reutersby ReutersBy Davide Barbuscia NEW YORK – U.S. bond sales by investment-grade issuers will likely decline by around 10% this year as borrowers contend with higher rates and market volatility, a …
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WASHINGTON, D.C. – The Washington, D.C. Metro Police Department have announced that they made an arrest in an Armed Robbery that took place on May 16th. This incident happened on …
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Financial News
Ukraine removes fuel price restrictions to increase supply – economy minister
by Reutersby ReutersKYIV – Ukraine’s government has lifted restrictions on fuel prices to enable traders to import more and make up the shortage Ukraine is experiencing after Russian forces destroyed many storage …