ROCKFORD — A Rockford man has been sentenced to five and a half years in federal prison for illegally possessing firearm “switch” devices. JAVAUGHN A. HIXSON, 23, possessed and sold …
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Department of Justice Press Releases
Medicaid Recipients Agree to Pay $130,000 to Resolve False Claims Act Allegations of Health Care Benefit Fraud
by DOJ Pressby DOJ PressJackson, Miss. – Darren J. LaMarca, United States Attorney for the Southern District of Mississippi, announced today that Manpreet Kamboj and Gurdev Kamboj (aka David Singh) have agreed to pay …
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Department of Justice Press Releases
Jackson Man Pleads Guilty and is Sentenced to Over 4 Years in Prison for Attempted Hobbs Act Robbery
by DOJ Pressby DOJ PressYou are here FOR IMMEDIATE RELEASE Thursday, September 1, 2022 Jackson, Miss. – A Jackson man pled guilty and was sentenced today to attempted robbery in violation of the Hobbs …
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Department of Justice Press Releases
HARTFORD WOMAN PLEADS GUILTY TO WIRE FRAUD AND MONEY LAUNDERING SCHEME
by DOJ Pressby DOJ PressRichard G. Frohling, United States Attorney for the Eastern District of Wisconsin, announced that on September 1, 2022, a Hartford woman pled guilty to executing a multi-million-dollar wire fraud and …
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Department of Justice Press Releases
Newton Man Sentenced to Ten Years in Federal Prison for Possession of a Firearm by Convicted Felon
by DOJ Pressby DOJ PressJackson, Miss. – A Newton man was sentenced to 120 months in federal prison for possession of a firearm by a convicted felon, announced U.S. Attorney Darren J. LaMarca and …
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Financial News
Boom turns to gloom as higher interest rates hit New Zealand housing- Reuters poll
by Reutersby ReutersBy Vivek Mishra BENGALURU (Reuters) – New Zealand’s house prices are forecast to fall 10% this year and 5% next as aggressive interest rate hikes take some heat out of …
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Financial News
India’s National Stock Exchange to add Adani Enterprises to benchmark index
by Reutersby ReutersNEW DELHI (Reuters) – India’s National Stock Exchange (NSE) will add Adani Enterprises, the flagship company of Indian coal-to-edible-oils conglomerate Adani Group, to its benchmark Nifty 50 index effective Sept. …
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Financial News
Philips subsidiary to pay over $24 million for alleged false claims for medical equipment
by Reutersby ReutersBy Kanishka Singh WASHINGTON (Reuters) -A subsidiary of Dutch medical device maker Philips has agreed to pay over $24 million to resolve alleged false claims over respiratory-related medical equipment, the …
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By Ernest Scheyder and Valerie Volcovici (Reuters) – U.S. mining companies, automakers and a bipartisan group of congressional members are recommending that the federal government cut the time needed to …
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Financial News
Zendesk says Light Street’s proposal not superior to $10.2 billion go-private deal
by Reutersby Reuters(Reuters) -Zendesk Inc said on Thursday the proposal made by investor Light Street Capital Management to remain a standalone public company and find a new boss was not “superior” to …
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Financial News
With new China AI chip restrictions, U.S. takes aim at a critical niche
by Reutersby ReutersBy Stephen Nellis and Alexandra Alper (Reuters) – The United States beefed up its effort to cut off the flow of advanced technology to China by instructing Nvidia Corp and …
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By Marc Jones and Koh Gui Qing NEW YORK (Reuters) – September kicked off on a stormy note on Thursday, as persistent worries about rising global interest rates and recessions …
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Financial News
Column-U.S. corporate profit boom reveals more about inflation threat than wages: McGeever
by Reutersby ReutersBy Jamie McGeever ORLANDO, Fla. (Reuters) – While the Federal Reserve and other central banks obsess over avoiding a 1970s style ‘wage-price’ spiral, U.S. GDP data last week showed that …
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BEIRUT (Reuters) -The International Monetary Fund told the Lebanese state on Thursday its banking secrecy law has not resolved “key deficiencies,” urging officials to make new changes to their first …
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(Reuters) – A look at the day ahead in Asian markets from Jamie McGeever The new month has not signalled a new dawn for financial markets, and the noose of …
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Financial News
Twitter will roll out long-awaited edit button to paid subscribers
by Reutersby ReutersBy Sheila Dang (Reuters) -Twitter Inc will launch a widely requested edit button for its paid subscribers in the coming weeks, the social media company said Thursday. For years, Twitter …
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By John McCrank NEW YORK (Reuters) -The dollar index vaulted to a 20-year high on Thursday, and notched a 24-year peak against the rate-sensitive Japanese yen, after U.S. data showed …
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Financial News
Amazon introduces seller storage service to tackle supply-chain woes
by Reutersby Reuters(Reuters) -Amazon.com Inc introduced a new service on Wednesday to help its sellers store bulk inventory and ease distribution to tackle supply-chain issues, the company said in a blog post. …
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Financial News
Brazil posts trade surplus of $4.165 billion in August, above expected
by Reutersby Reuters(Reuters) – Brazil posted an above-expected trade surplus of $4.165 billion in August, government data showed on Thursday, recording growth in exports, but with imports again advancing at a higher …
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Financial News
Ex Burger King workers get another bite at ‘no-hire’ conspiracy lawsuit
by Reutersby ReutersBy Barbara Grzincic (Reuters) – A federal appeals court has revived https://fingfx.thomsonreuters.com/gfx/legaldocs/znvneweoopl/Arrington%20v%20Burger%20King.pdf a potential class action against Burger King over its prior use of a “no-hire” clause that blocked all …
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By Arathy Somasekhar HOUSTON (Reuters) – Oil prices tumbled more than 3% on Thursday, as new COVID-19 lockdown measures in China added to worries that high inflation and interest rate …
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Financial News
GM startup Cruise recalls and revises self-driving software after crash
by Reutersby ReutersBy David Shepardson WASHINGTON (Reuters) – General Motors startup Cruise LLC said Thursday it had recalled and updated software in 80 self-driving vehicles after a June crash in San Francisco …
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Financial News
T-Mobile bids $304 million, wins bulk of 2.5 GHz licenses in U.S. auction
by Reutersby ReutersWASHINGTON (Reuters) – T-Mobile won the bulk of licenses awarded in the Federal Communications Commission (FCC) 2.5 GHz band auction, successfully bidding $304.3 million, the agency said Thursday. Most of …
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By Sergio Goncalves LISBON (Reuters) – Portugal announced on Thursday it would speed up granting visas to citizens of other Portuguese-speaking countries, including Angola and Brazil, as it seeks to …
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MEXICO CITY (Reuters) -Volkswagen Mexico said in a statement on Thursday it is “profoundly disappointed” by the union’s rejection of a 9% proposed salary increase. The raise would have been …