(Reuters) -Rent the Runway on Wednesday forecast full-year revenue below Wall Street estimates, sending the apparel rental firm’s shares down 4% in extended trading. The downbeat outlook comes at a …
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Financial News
Wall Street surges in growth stocks rally; earnings season opens
by Reutersby ReutersBy Stephen Culp NEW YORK – Wall Street rallied to end sharply higher on Wednesday, powered by a recovery in interest-sensitive growth stocks as investors digested hot inflation data and …
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(Reuters) -Federal Reserve Governor Christopher Waller on Wednesday said the U.S. central bank needs to raise rates aggressively to fight inflation, but not so abruptly as to stress markets, destroy …
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Financial News
Factbox-Who are the contenders for the Fed’s top regulation job?
by Reutersby ReutersBy Pete Schroeder WASHINGTON – With Sarah Bloom Raskin last month dropping out of the running for the Federal Reserve’s top regulatory role, President Joe Biden’s administration is hunting again …
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Financial News
IMF says board approved new trust to aid low-income, vulnerable middle-income countries
by Reutersby ReutersWASHINGTON – The International Monetary Fund said its executive board on Wednesday approved the creation of a new facility to help low-income and vulnerable middle-income countries deal with longer-term challenges …
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By Sohini Podder and Carolina Mandl (Reuters) – BlackRock Inc showed assets under management back below $10 trillion, hurt by the market rout in the first quarter, and cautioned that …
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Financial News
New Zealand house prices fall as interest rates and inflation weigh
by Reutersby ReutersWELLINGTON – Tighter lending criteria and rising interest rates, coupled with inflation, continue to weigh on house prices and sales activity in New Zealand, the Real Estate Institute of New …
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Financial News
Canada’s TD Bank to offer salary hikes, one-time cash rewards to employees
by Reutersby Reuters(Reuters) – TD Bank Group will offer eligible employees a 3% increase to their base pay or a one-time cash reward effective July 1, Chief Executive Officer Bharat Masrani said …
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Financial News
Reliance explores bid for Walgreens’ Boots business – Bloomberg News
by Reutersby Reuters(Reuters) – India’s Reliance Industries is exploring a bid for drug retailer Walgreens Boots Alliance’s UK-based Boots business, Bloomberg News reported on Wednesday, citing people familiar with the matter. Boots …
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Department of Justice Press Releases
Final defendant in meth conspiracy sentenced to more than 12 years in prison
by DOJ Pressby DOJ PressCOLUMBUS, Ohio – The final of six defendants in a Columbus-to-West Virginia methamphetamine ring was sentenced in U.S. District Court to 154 months in prison. Marvin C. Bozeman, II, …
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Department of Justice Press Releases
Fort Stockton Man Pleads Guilty to Firearm and Drug Charges
by DOJ Pressby DOJ PressALPINE – A Fort Stockton man pleaded guilty today to being a felon in possession of a firearm and possessing methamphetamine. According to court records, on December 5, 2021, Tristian …
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Department of Justice Press Releases
Justice Department Announces Civil Settlement in Lafayette Square Cases
by DOJ Pressby DOJ PressWASHINGTON – Today, the Department of Justice announced that it has reached an agreement to settle claims in four civil cases arising from the …
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Department of Justice Press Releases
Youngstown Man Sentenced to More Than 21 Years in Prison After Pleading Guilty to Sexual Exploitation of a Child
by DOJ Pressby DOJ PressActing U.S. Attorney Michelle M. Baeppler announced that Andrew Samuel Davis Strickland, 27, of Youngstown, Ohio, was sentenced on Tuesday, April 12, 2022, by U.S. Judge Patricia A. Gaughan to …
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Department of Justice Press Releases
Florida Man Arrested on Charges For Assault on Law Enforcement Officers During Jan. 6 Capitol Breach
by DOJ Pressby DOJ PressWASHINGTON — A Florida man was arrested yesterday for assaulting law enforcement officers during the breach of the U.S. Capitol on Jan. 6, 2021, …
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Department of Justice Press Releases
Thomasville, Georgia, Man with Violent Criminal Past Pleads Guilty in Project Safe Neighborhood Case
by DOJ Pressby DOJ PressVALDOSTA, Ga. – A Thomasville, Georgia, resident with a violent criminal history who fled from police after being caught illegally with multiple weapons—including a stolen AR-15 semi-automatic rifle—pleaded guilty to a …
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Department of Justice Press Releases
Federal Jury Convicts Fridley Felon for Selling Methamphetamine, Illegal Possession of Firearms
by DOJ Pressby DOJ PressST. PAUL, Minn. – A federal jury convicted a Fridley man of possession with intent to distribute methamphetamine, possession of firearms in furtherance of a drug trafficking crime, and illegal …
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Department of Justice Press Releases
Former San Pedro Train Engineer Sentenced to 3 Years in Prison for Intentionally Derailing Locomotive Near U.S. Navy Hospital Ship
by DOJ Pressby DOJ PressLOS ANGELES – A former train engineer at the Port of Los Angeles was sentenced today to 36 months in federal prison for intentionally running a locomotive at full …
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Department of Justice Press Releases
Statement of U.S. Attorney Breon Peace on United States v. Frank James
by DOJ Pressby DOJ Press“Yesterday was a dark day for all of us. But the bright spots of the incredible heroism of our fellow New Yorkers helping each other in a time of crisis, …
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Department of Justice Press Releases
Ocean View Bookkeeper Pleads Guilty to Defrauding Former Employer of More Than $1 Million
by DOJ Pressby DOJ PressWILMINGTON, Del. –David C. Weiss, U.S. Attorney for the District of Delaware, announced that Joan Donald, 55, of Ocean View, pled guilty today in federal court to wire fraud and …
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A Florida woman was sentenced today to 151 months in federal prison, followed by three years of supervised release, for her work for and support of subscription-based sexually exploitative “child …
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Department of Justice Press Releases
South Florida Bookkeeper Sentenced to Over 12 Years in Federal Prison for Support of International Enterprise that Operated Sexually Exploitive “Child Modeling” Websites
by DOJ Pressby DOJ PressTampa, FL – A Florida woman was sentenced today to 151 months in federal prison, followed by three years of supervised release, for her work for and support of subscription-based …
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Department of Justice Press Releases
Shepherd restaurant owner sentenced for COVID relief fraud; forfeited vintage vehicles bought with business loan aid
by DOJ Pressby DOJ PressBILLINGS — A Shepherd man who owns the Feedlot Steakhouse in Shepherd was sentenced today to three years of probation, ordered to pay restitution and forfeited vintage vehicles he admitted …
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Department of Justice Press Releases
Two Sentenced for Conspiring with State Contractor in Multi-million Dollar Unemployment Fraud Scheme
by DOJ Pressby DOJ PressDETROIT – A couple from Detroit was sentenced today for their role in a multi-million dollar unemployment insurance fraud scheme aimed at defrauding the State of Michigan and the U.S. …
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Department of Justice Press Releases
Clark County man sentenced to more than 15 years in prison for narcotics, gun crimes
by DOJ Pressby DOJ PressDAYTON, Ohio – Luis Garza, 32, of Springfield, Ohio, was sentenced in U.S. District Court today to 188 months in prison for possessing methamphetamine, carfentanil and fentanyl, and for illegally …
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Department of Justice Press Releases
Philipsburg woman admits lying to receive federal Social Security and health benefits
by DOJ Pressby DOJ PressMISSOULA — A Philipsburg woman accused of lying about her living arrangements and assets in order to receive more Social Security Administration (SSA) benefits and other federal aid than she …