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  • Financial News

    Melvin Capital to shut after heavy losses on meme stocks, market slump

    by Reuters May 18, 2022
    by Reuters May 18, 2022

    By Svea Herbst-Bayliss (Reuters) -Melvin Capital, once one of Wall Street’s most successful hedge funds which then lost billions in the meme stock saga, will shut down after it was …

  • Financial News

    Kohl’s loses two senior executives as it looks for a buyer

    by Reuters May 18, 2022
    by Reuters May 18, 2022

    (Reuters) – Kohl’s Corp said on Wednesday two of its senior executives are stepping down from their roles, as the U.S. department store chain hunts for a buyer amid pressure …

  • Financial News

    Exclusive-Japan Inc turns against central bank’s monetary stimulus, Reuters survey shows

    by Reuters May 18, 2022
    by Reuters May 18, 2022

    By Tetsushi Kajimoto TOKYO – More than 60% of Japanese companies want the central bank to end its policy of massive monetary easing this fiscal year due to pain from …

  • Financial News

    New York Times pauses return to office for workers

    by Reuters May 18, 2022
    by Reuters May 18, 2022

    (Reuters) – The New York Times Co said on Wednesday it is pausing its plan to ask employees to return to office as COVID-19 cases rise in the United States. …

  • Financial News

    Cisco shares slump as China lockdowns, Ukraine crisis hit outlook

    by Reuters May 18, 2022
    by Reuters May 18, 2022

    (Reuters) -Cisco Systems Inc cut its full-year earnings forecast on Wednesday after COVID lockdowns in China and the war in Ukraine dragged sales below estimates in the third quarter, sending …

  • Financial News

    Under Armour CEO Frisk to step down

    by Reuters May 18, 2022
    by Reuters May 18, 2022

    (Reuters) -Under Armour Inc said on Wednesday Patrik Frisk would step down from his roles as president and chief executive officer, effective June 1. Shares of the Baltimore-based company were …

  • Department of Justice Press Releases

    Port Arthur Felon Sentenced for Federal Firearms Violation

    by DOJ Press May 18, 2022
    by DOJ Press May 18, 2022

    BEAUMONT, Texas – A Port Arthur man has been sentenced to 10 years in federal prison for a firearms violation in the Eastern District of Texas, announced U.S. Attorney Brit …

  • Department of Justice Press Releases

    CEO Of Renewable Energy Company Charged With Fraud, Identity Theft, Money Laundering, And Obstruction Offenses

    by DOJ Press May 18, 2022
    by DOJ Press May 18, 2022

    SCRANTON – The United States Attorney’s Office for the Middle District of Pennsylvania announced that James Abrams, age 39, of Easley, South Carolina, was indicted yesterday by a federal grand …

  • Department of Justice Press Releases

    Former Phoenixville-Area School District Finance Director Sentenced to Over One Year in Prison For Embezzling District Funds

    by DOJ Press May 18, 2022
    by DOJ Press May 18, 2022

    PHILADELPHIA – United States Attorney Jennifer Arbittier Williams announced that Christopher Gehris, 47, Phoenixville, PA, was sentenced today to one year and two months in prison and three years of …

  • Department of Justice Press Releases

    Hartford Man Charged with Firearm Possession and Crack Distribution Offenses

    by DOJ Press May 18, 2022
    by DOJ Press May 18, 2022

    Vanessa Roberts Avery, United States Attorney for the District of Connecticut, James Ferguson, Special Agent in Charge, ATF Boston Field Division, and Hartford Police Chief Jason Thody announced that a …

  • Department of Justice Press Releases

    Carfentanil Trafficker Is Sentenced To More Than Nine Years In Prison

    by DOJ Press May 18, 2022
    by DOJ Press May 18, 2022

    CHARLOTTE, N.C. – Miguel Angel Gonzalez-Perez, a/k/a Fernando Contreras Gonzalez, 54, of Mexico, was sentenced today to 97 months in prison and three years of supervised release for trafficking carfentanil, …

  • Department of Justice Press Releases

    District of Columbia Man Sentenced to 70 Months in Prison For Conspiracy to Distribute Narcotics and Use Firearms

    by DOJ Press May 18, 2022
    by DOJ Press May 18, 2022

                WASHINGTON – Daquon Wood, 29, of Washington D.C., was sentenced today to 70 months in federal prison for his role in an ongoing conspiracy …

  • Department of Justice Press Releases

    Two Wilkes-Barre Men Sentenced For Drug Trafficking

    by DOJ Press May 18, 2022
    by DOJ Press May 18, 2022

    SCRANTON – The United States Attorney’s Office for the Middle District of Pennsylvania announced that U.S. District Court Judge Robert D. Mariani sentenced Duwayne Brown, age 41, of Wilkes-Barre, Pennsylvania, …

  • Department of Justice Press Releases

    Staten Island Felon Sentenced to Prison for Possessing Illegal Firearm

    by DOJ Press May 18, 2022
    by DOJ Press May 18, 2022

    Earlier today, in federal court in Brooklyn, Brian Maiorana was sentenced by United States District Judge Frederic Block to 36 months in prison for being a convicted felon in possession …

  • Department of Justice Press Releases

    Federal Grand Jury Indicts Louisville Man on Additional Carjacking Charges

    by DOJ Press May 18, 2022
    by DOJ Press May 18, 2022

    Louisville, KY – A federal grand jury in Louisville, returned a superseding indictment today charging a local man with additional carjacking and firearms charges.  According to court documents, on October …

  • Department of Justice Press Releases

    Inmate admits to threat charge

    by DOJ Press May 18, 2022
    by DOJ Press May 18, 2022

    CLARKSBURG, WEST VIRGINIA – Shawn L. Price, an inmate at Federal Corrections Institution Gilmer, has admitted to a threat charge, United States Attorney William Ihlenfeld announced. Price, 42, pleaded guilty …

  • Department of Justice Press Releases

    Martinsburg woman admits to firearms charge

    by DOJ Press May 18, 2022
    by DOJ Press May 18, 2022

    MARTINSBURG, WEST VIRGINIA – Jordan Teal Burg, of Martinsburg, West Virginia, has admitted to a firearms charge, United States Attorney William Ihlenfeld announced. Burg, 33, pleaded guilty today to one …

  • Department of Justice Press Releases

    Madisonville Man Faces Federal Methamphetamine Charges

    by DOJ Press May 18, 2022
    by DOJ Press May 18, 2022

    Paducah, KY – A federal grand jury returned an indictment last week charging a Madisonville, KY man with distributing methamphetamine and possessing with the intent to distribute methamphetamine. According to …

  • Department of Justice Press Releases

    Texas man sentenced to 10 years for drug charge

    by DOJ Press May 18, 2022
    by DOJ Press May 18, 2022

    CLARKSBURG, WEST VIRGINIA – Leonard Jasmine, of Houston, Texas, was sentenced today to 121 months of incarceration for his role in a multi-state drug trafficking ring, United States Attorney William …

  • Department of Justice Press Releases

    Pittsburgh Felon Admits Illegally Possessing a Firearm and Ammunition

    by DOJ Press May 18, 2022
    by DOJ Press May 18, 2022

    PITTSBURGH, PA — A resident of Pittsburgh, Pennsylvania, pleaded guilty in federal court to a charge of violating federal firearm laws, United States Attorney Cindy K. Chung announced today. Douglas …

  • Department of Justice Press Releases

    Wausau Man Sentenced to 2 1/2 Years for Role in International Fraud Scheme

    by DOJ Press May 18, 2022
    by DOJ Press May 18, 2022

    MADISON, WIS. – Timothy M. O’Shea, United States Attorney for the Western District of Wisconsin, announced that Mario Amezcua Cardenas, 28, Wausau, Wisconsin, was sentenced today by U.S. District Judge …

  • Department of Justice Press Releases

    Ridley Township Tax Collector Sentenced to One Year for Tax Evasion

    by DOJ Press May 18, 2022
    by DOJ Press May 18, 2022

    PHILADELPHIA – United States Attorney Jennifer Arbittier Williams announced that Rosezanna Czwalina, 70, of, of Morton, PA, was sentenced to one year in prison, one year supervised release, and was …

  • Department of Justice Press Releases

    Federal Inmate Pleads Guilty To Obstructing Justice In Coconspirator’s Case

    by DOJ Press May 18, 2022
    by DOJ Press May 18, 2022

    Tampa, FL – United States Attorney Roger B. Handberg announces that Manuel Angel Burgos (39, Brooksville) today pleaded guilty to obstruction of justice and conspiracy to commit an offense against …

  • Department of Justice Press Releases

    Waterloo Man Who Crashed Vehicle After Police Chase and Possessed Gun Sentenced to Over Eleven Years in Prison

    by DOJ Press May 18, 2022
    by DOJ Press May 18, 2022

    A Waterloo man, who possessed a gun as a felon and while under the influence of methamphetamine, was sentenced May 17, 2022, to 137 months in prison. Willie Traymone Phillips, …

  • Department of Justice Press Releases

    Drug User on Probation for Trafficking Stolen Weapons Found in Possession of .45 Caliber Pistol Sentenced to Federal Prison

    by DOJ Press May 18, 2022
    by DOJ Press May 18, 2022

    A man who was riding as a passenger in a vehicle which was shot at in Cedar Rapids, Iowa, and found in possession of a .45 caliber pistol, was sentenced …

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