ZURICH -Credit Suisse Group said on Wednesday that a court in Bermuda was poised to issue a ruling against a local life insurance subsidiary of the Swiss bank that could …
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Financial News
Toyota, Aurora test-drive autonomous ride-hailing fleet in Texas
by Reutersby ReutersBy Hyunjoo Jin SAN FRANCISCO – Japan’s Toyota Motor and Aurora Innovation Inc, a U.S. developer of automated driving systems, have started testing autonomous ride-hailing fleet in Texas, with two …
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MILAN – U.S. investment firm KKR is keeping its request to access Telecom Italia’s data for a due diligence analysis before it can formalise its takeover bid, a person close …
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Financial News
Wall St drops as oil rally, Russia-Ukraine conflict fuel worries
by Reutersby ReutersBy Caroline Valetkevitch NEW YORK – All three major U.S. stock indexes ended more than 1% lower on Wednesday as oil prices jumped and Western leaders began gathering in Brussels …
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Financial News
Fed officials nod to big rate hikes to fight ‘inflation, inflation, inflation’
by Reutersby ReutersBy Ann Saphir and Lindsay Dunsmuir -Federal Reserve policymakers on Wednesday signaled they stand ready to take more aggressive action to bring down unacceptably high inflation, including a possible half-percentage-point …
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Department of Justice Press Releases
Santa Fe man appears in court for bank robbery charge
by DOJ Pressby DOJ PressALBUQUERQUE, N.M. – Bobby Garcia, 29, of Santa Fe, New Mexico, appeared in federal court on March 22 for a preliminary and detention hearing, facing charges of bank robbery and …
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Department of Justice Press Releases
Treynor Man Sentenced for Investment Fraud Scheme
by DOJ Pressby DOJ PressCOUNCIL BLUFFS, IA – Jeffrey M. Carley, age 53, formerly of Treynor, was sentenced Tuesday, March 22, 2022, to five years in prison. Following his prison term, Carley will serve …
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Department of Justice Press Releases
Council Bluffs Nurse Sentenced for Fraudulently Obtaining Narcotics
by DOJ Pressby DOJ PressCOUNCIL BLUFFS, IA – Jadelyn Marie Maher, age 39, of Council Bluffs, was sentenced yesterday in federal court to six months in prison for Acquiring a Controlled Substance by Misrepresentation, …
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Department of Justice Press Releases
Defendant Sentenced to 17 Years in Prison for Attempting to Murder United States Government Informant
by DOJ Pressby DOJ PressEarlier today, at the federal courthouse in Brooklyn, Luis Taveras was sentenced by United States District Judge Kiyo A. Matsumoto to 17 years’ imprisonment for attempting to commit obstruction-of-justice murder. …
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Department of Justice Press Releases
Colorado Pair Sentenced for Drug and Firearm Charges
by DOJ Pressby DOJ PressCOUNCIL BLUFFS, IA – Jeremy Antonio Trujillo, age 43, of Colorado, was sentenced yesterday in federal court to 192 months in prison for Conspiracy to Distribute Methamphetamine and 120 months …
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Department of Justice Press Releases
Omaha Man Sentenced to Federal Prison for Firearm Offense
by DOJ Pressby DOJ PressCOUNCIL BLUFFS, IA – Tiloe Cardel Williams, age 43, of Omaha, was sentenced yesterday in federal court to 36 months in prison for Prohibited Person in Possession of a Firearm. …
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Department of Justice Press Releases
Ex-Port of Savannah worker admits making bomb threat on 9-11 anniversary
by DOJ Pressby DOJ PressSAVANNAH, GA: A Toombs County, Ga., man has admitted phoning in a bomb threat to a Port of Savannah facility on the anniversary of the Sept. 11 terror attacks. Elliott …
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Department of Justice Press Releases
Man Sentenced to 99 Months in Prison for Committing Mail Fraud while Serving Federal Sentence for Previous Fraud
by DOJ Pressby DOJ PressCAMDEN, N.J. – The president of a company providing goods to government agencies was sentenced today to 99 months in prison – 87 months for attempting to defraud businesses in …
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Department of Justice Press Releases
Cedar Rapids Drug User Sent to Federal Prison for Possessing a Firearm and Ammunition
by DOJ Pressby DOJ PressA Cedar Rapids man who unlawfully possessed a firearm and ammunition as a drug user was sentenced March 22, 2022, to more than four years in federal prison. Deanye Bowman-Owens, …
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Department of Justice Press Releases
Mail and Identity Thief Sentenced to Four Years in Federal Prison After Escape
by DOJ Pressby DOJ PressA Cedar Rapids man who evaded capture for nearly a month after walking away from custody at a halfway house was sentenced on March 22, 2022, to four years in …
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Department of Justice Press Releases
Dubuque Woman Sentenced to Ten Years in Federal Prison for Distributing Fentanyl that Caused Non-Fatal Overdose
by DOJ Pressby DOJ PressA woman who distributed fentanyl to a man who overdosed and nearly died was sentenced March 22, 2022, to ten years in federal prison. Emily Ann Nelson, age 29, from …
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Department of Justice Press Releases
Harrisburg Man Sentenced To 19 Years’ Imprisonment For Drug Trafficking And Firearm Offenses
by DOJ Pressby DOJ PressHARRISBURG – The United States Attorney’s Office for the Middle District of Pennsylvania announced that on March 22, 2022, Damon Todd Carey, age 32, of Harrisburg, Pennsylvania, was sentenced to …
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Department of Justice Press Releases
Chinese Government Employee Convicted Of Participating In Conspiracy To Defraud The United States And Fraudulently Obtain U.S. Visas
by DOJ Pressby DOJ PressDamian Williams, the United States Attorney for the Southern District of New York, announced today that ZHONGSAN LIU was convicted yesterday of participating in a conspiracy to defraud the United …
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By Lawrence Delevingne -Wall Street pushed stocks and Treasury yields down on Wednesday after both had powered higher earlier in the week as investors took in the strength of the …
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By Paresh Dave – Alphabet-owned Google will not help websites, apps and YouTube channels sell ads alongside content that it deems exploits, dismisses or condones the ongoing Russia-Ukraine conflict, the …
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Financial News
U.S. will ‘absolutely’ hit Chinese firms if they violate export controls on Russia, says Raimondo
by Reutersby ReutersBy Andrea Shalal WASHINGTON -The United States will “absolutely” enforce export controls if Chinese companies send semiconductors to Russia that were made with U.S technology, a move that could “essentially …
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Financial News
Egypt requests IMF support as economy buffeted by Ukraine spillover
by Reutersby ReutersCAIRO -Egypt has asked for the International Monetary Fund’s support to implement a comprehensive economic programme, the IMF said on Wednesday. Continued exchange rate flexibility would be essential to absorb …
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By Ann Saphir – St. Louis Federal Reserve Bank President James Bullard on Wednesday said U.S. policymakers need to think “bigger” and act “faster” on raising interest rates, given that …
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Financial News
Biden menu of options to lower gasoline prices is not appetizing
by Reutersby ReutersBy Jarrett Renshaw WASHINGTON -U.S. President Joe Biden has few appealing policy options to get record high U.S. gasoline prices under control ahead of the critical summer driving season, when …
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Financial News
Dollar climbs, euro dips, as Biden brings sanctions plan to Europe
by Reutersby ReutersBy Chuck Mikolajczak NEW YORK – The dollar climbed on Wednesday while the euro weakened as oil prices shot higher again with U.S. President Joe Biden poised to announce, alongside …