By David Shepardson WASHINGTON – The U.S. Travel Association on Tuesday urged the White House to lift COVID-19 travel restrictions and repeal a mandate requiring masks on airplanes and in …
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Financial News
Fed’s Mester calls for frontloading rate hikes, sees rise to 2.5% in 2022
by Reutersby ReutersBy Ann Saphir – Cleveland Federal Reserve Bank President Loretta Mester on Tuesday said she would like to raise interest rates to about 2.5% by year end, with bigger rate …
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Department of Justice Press Releases
Gang Leader Sentenced To Over 17 Years In Prison For Drug And Gun Offenses
by DOJ Pressby DOJ PressTampa, Florida – United States District Judge Thomas P. Barber today sentenced Keon Moore (30, Tampa) to 17 years and 6 months in federal prison for possessing a firearm or …
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Department of Justice Press Releases
Ex-Roommate and Co-Conspirator of Former Philadelphia Eagle Sentenced to 2 Months for Insider Trading Scheme
by DOJ Pressby DOJ PressPHILADELPHIA – United States Attorney Jennifer Arbittier Williams announced that Mark Wayne Ramsey, 32, of San Francisco, CA, was sentenced to 60 days in prison, three years of supervised release, …
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Department of Justice Press Releases
Cottage Grove Man Pleads Guilty to Bank Robbery
by DOJ Pressby DOJ PressMinneapolis – A Cottage Grove man has pleaded guilty today to bank robbery, announced Acting U.S. Attorney Charles J. Kovats. According to court documents, in November 2021, Michael Thomas Prall, …
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Department of Justice Press Releases
Marion County man admits to firearms charge
by DOJ Pressby DOJ PressCLARKSBURG, WEST VIRGINIA – Dennis Lee Boyce, of Fairmont, West Virginia, has admitted a firearms charge, United States Attorney William Ihlenfeld announced. Boyce, 50, pleaded guilty today to one count …
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Department of Justice Press Releases
Sioux City Man Off to Federal Prison for Meth Conspiracy
by DOJ Pressby DOJ PressA man who conspired to distribute methamphetamine was sentenced March 15, 2022, in federal court in Sioux City, to more than 7 and ½ years. Daniel Dickey, 34, from Sioux …
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Three members of a violent criminal gang were convicted today in the U.S. Virgin Islands (USVI) by a federal jury for RICO conspiracy, murder, attempted murder, robbery, and drug dealing. …
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Department of Justice Press Releases
Metro-Atlanta Meth Supplier and Courier Plead Guilty to Federal Charges
by DOJ Pressby DOJ PressMACON, Ga. – Two metro-Atlanta residents admitted guilt to their roles in distributing a large amount of methamphetamine in Middle Georgia. Christian Jesus Pineda, 27, of Duluth, Georgia, pleaded guilty …
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Department of Justice Press Releases
Billings woman admits trafficking meth, fentanyl
by DOJ Pressby DOJ PressBILLINGS — A Billings woman accused of possessing multiple drugs, including methamphetamine and more than 9,000 fentanyl pills, for distribution admitted to a trafficking crime today, U.S. Attorney Leif M. …
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Department of Justice Press Releases
Key West Man Sentenced to 180 Months in Federal Prison for Laundering Victim Funds to Nigeria
by DOJ Pressby DOJ PressMiami, Florida – A Key West man was sentenced yesterday to 180 months’ imprisonment for laundering approximately $1 million of victim funds that were illegally obtained from romance and investment …
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Department of Justice Press Releases
Caldwell Man Sentenced to 6.5 Years for Possession with Intent to Distribute Methamphetamine
by DOJ Pressby DOJ PressBOISE – A Caldwell man was sentenced to 78 months in federal prison for possessing methamphetamine with the intent to distribute it to others. According to court records, on June …
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Department of Justice Press Releases
Arizona Woman Sentenced to 57 Months for Conspiracy to Smuggle Fentanyl and Heroin into the U.S.
by DOJ Pressby DOJ PressTUCSON, Ariz. – Michelle Krystal Mendez, 36, of Arizona, was sentenced by U.S. District Judge Jennifer G. Zipps to 57 months in prison, followed by three years of supervised release. …
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By Andy Bruce LONDON – British government bond issuance will fall closer towards pre-pandemic norms in the coming financial year, when the market’s biggest buyer over the last decade – …
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Financial News
Wall Street stocks, Treasury yields rise on hawkish Fed comments
by Reutersby ReutersBy Lawrence Delevingne BOSTON -Treasury yields marched higher on Tuesday, bringing U.S. stocks with them, as investors digested the increased likelihood of swift interest rate hikes following hawkish comments from …
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By Laura Sanicola -Oil edged lower on Tuesday after it looked unlikely that European Union nations would agree to join the United States in a Russian oil embargo in retaliation …
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By Uday Sampath Kumar -Nike Inc said on Monday manufacturing issues pinching sales over the past six months were now behind it, positioning the company to take advantage of surging …
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Financial News
Ericsson CEO says he told staff to hand U.S. full Iraq report in 2019
by Reutersby ReutersBy Supantha Mukherjee STOCKHOLM – Ericsson Chief Executive Borje Ekholm said on Tuesday he had told staff in 2019 to disclose to the U.S. Department of Justice all information on …
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By Chuck Mikolajczak NEW YORK – The dollar edged lower on Tuesday as a boost from comments by U.S. Federal Reserve Chair Jerome Powell that boosted the greenback on the …
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Financial News
Biden will announce joint action on reducing European reliance on Russia oil and gas – White House
by Reutersby ReutersWASHINGTON – U.S. national security adviser Jake Sullivan said on Tuesday that U.S. President Joe Biden will announce joint action on enhancing European energy security and reducing its dependence on …
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By Ann Saphir – San Francisco Federal Reserve Bank President Mary Daly said Tuesday she believes the “main risk” to the U.S. economy is from too-high inflation that could get …
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By Geert De Clercq and Shadia Nasralla PARIS/LONDON -French oil major TotalEnergies said on Tuesday it would not renew its Russian gasoil and crude oil supply contracts for its German …
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Financial News
Warren Buffett ends drought with Berkshire’s $11.6 billion Alleghany purchase
by Reutersby ReutersBy Noor Zainab Hussain and Jonathan Stempel NEW YORK -Warren Buffett’s Berkshire Hathaway Inc on Monday struck an agreement to buy insurance company Alleghany Corp for $11.6 billion, only weeks …
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By Emma Farge GENEVA – Western countries are refusing to engage with Russia at the World Trade Organization (WTO) in Geneva in a coordinated move that has already led to …
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Financial News
Factbox-Stranded assets: How many billions are stuck in Russia?
by Reutersby Reuters-Global companies, banks and investors have so far disclosed nearly $135 billion in exposure to Russia, company statements show. That number could rise in the coming weeks. Here is a …