By David Lawder and Andrea Shalal WASHINGTON -U.S. Treasury Secretary Janet Yellen and a top White House adviser called for major reforms at the World Bank on Thursday, saying the …
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- Financial News
Musk says he has secured $46.5 billion in funding for Twitter bid
by Reutersby ReutersBy Nivedita Balu (Reuters) -Elon Musk on Thursday said he has lined up $46.5 billion in debt and equity financing to buy Twitter Inc and is considering taking his offer …
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(Reuters) – Mexico’s Grupo Financiero Banorte on Thursday reported a higher-than-expected first-quarter net profit of 10.7 billion pesos ($540 million), up 26% from a year ago. Analysts’ had been estimating …
- Financial News
Musk in talks with Thoma Bravo about partnering on Twitter bid – NY Post
by Reutersby Reuters(Reuters) -Tesla Inc Chief Executive Elon Musk is in talks with private-equity firm Thoma Bravo about partnering on a possible takeover bid for Twitter Inc, the New York Post reported …
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(Reuters) – Sensor maker Velodyne Lidar Inc said on Thursday that Marta Hall, the wife of founder David Hall, had resigned from its board weeks after the couple sold more …
- Financial News
White House adviser Singh suggests U.S. could lower tariffs on Chinese goods
by Reutersby ReutersBy Andrea Shalal WASHINGTON -A White House adviser on Thursday suggested the United States could lower tariffs imposed on a host of non-strategic Chinese goods such as bicycles or apparel …
- Financial News
U.S. regulator says crypto bank violated anti-money laundering, compliance rules
by Reutersby ReutersWASHINGTON -The Office of the Comptroller of the Currency on Thursday said flagship crypto bank Anchorage Digital Bank National Association violated rules for monitoring for suspicious activity and preventing money …
- Financial News
BHP cuts copper outlook on rising COVID cases, blockades at Chile project
by Reutersby Reuters(Reuters) – BHP Group Ltd cut its annual copper production outlook on Thursday as operations at its Escondida project in Chile were impacted by labour shortages due to rising COVID-19 …
- Financial News
Wall Streets ends down, oil gains as Powell suggests aggressive Fed policy
by Reutersby ReutersBy Pete Schroeder WASHINGTON – Wall Street reversed course and posted losses on Thursday while oil gained as Federal Reserve Chairman Jerome Powell suggested the U.S. central bank would move …
- Financial News
MoneyGram sued by U.S., New York for unfair remittance transfers
by Reutersby ReutersBy Jonathan Stempel and Katanga Johnson NEW YORK/WASHINGTON -MoneyGram International Inc was sued on Thursday by two regulators that said it repeatedly and unfairly violated a federal rule designed to …
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(Reuters) – Melvin Capital Management is planning to shrink to $5 billion from the $8.7 billion it managed at the end of March, aiming to become more nimble to seek …
- Financial News
Snap warns inflation could hit revenue growth, forecasts higher users
by Reutersby ReutersBy Sheila Dang (Reuters) -Snap Inc on Thursday forecast a rosy outlook for user growth on its Snapchat app, but said supply-chain disruptions and inflation could continue to hurt advertising …
- Department of Justice Press Releases
Superintendent of Chicopee Schools Indicted on Charges of Making False Statements
by DOJ Pressby DOJ PressBOSTON – The Superintendent of the Chicopee Public Schools has been indicted by a federal grand jury on charges of making false statements in connection with sending 99 threatening messages …
- Department of Justice Press Releases
Oregon Man Sentenced to 16 Years on Drug and Assault Charges
by DOJ Pressby DOJ PressANCHORAGE – An Oregon man was sentenced today by U.S. District Judge Ralph R. Beistline to 16 years in prison for drug conspiracy and assault of a corrections officer. According …
- Department of Justice Press Releases
Two Boone County Men Plead Guilty in Connection with Damage to Energy Facility
by DOJ Pressby DOJ PressCHARLESTON, W.Va. – Two Boone County men pleaded guilty in connection with damage to an energy facility, identified as a known mine located across Boone and Lincoln counties. According to …
- Department of Justice Press Releases
Federal Civil Complaint Seeks The Forfeiture Of Funds Stolen From A California-Based Business And Transferred by Money Mules
by DOJ Pressby DOJ PressCharlotte, N.C. Today, U.S. Attorney Dena J. King announced the filing of a federal civil complaint seeking the forfeiture of $597,891.46, seized as part of an investigation of at least …
- Department of Justice Press Releases
Three Sentenced in Connection with the 2013 Murder of Loomis Armored Guard Hector Trochez
by DOJ Pressby DOJ PressNEW ORLEANS, LA – United States Attorney Duane A. Evans announced that yesterday JEREMY ESTEVES, age 35, ROBERT BRUMFIELD, III, age 28, and JASMINE THEOPHILE, age 29, all of New …
- Department of Justice Press Releases
Justice Department Announces Nationwide Coordinated Law Enforcement Action to Combat Health Care-Related COVID-19 Fraud
by DOJ Pressby DOJ PressNEWARK, N.J. –The Department of Justice announced criminal charges against 21 defendants in nine federal districts across the United States for their alleged participation in various health care related fraud …
- Department of Justice Press Releases
Wilkinsburg Teen Sentenced to 15 Months in Prison for Conspiring to Unlawfully Acquire Guns
by DOJ Pressby DOJ PressPITTSBURGH, PA — A resident of Wilkinsburg, Pennsylvania, has been sentenced in federal court to 15 months’ imprisonment followed by three years of supervised release on his conviction of conspiracy …
- Department of Justice Press Releases
Non-Citizen Charged With Hindering Removal To Jamaica
by DOJ Pressby DOJ PressHARRISBURG – The United States Attorney’s Office for the Middle District of Pennsylvania announced that Cleon Ainsworth Samuels, age 32, was indicted on April 20, 2022, by a federal grand …
- Department of Justice Press Releases
KC Woman Pleads Guilty to Meth Conspiracy
by DOJ Pressby DOJ PressKANSAS CITY, Mo. – A Kansas City, Missouri, woman pleaded guilty in federal court today to her role in a conspiracy to distribute large quantities of methamphetamine. Sonia Ornelas, 44, …
- Department of Justice Press Releases
Michigan City Man Sentenced To 84 Months in Prison
by DOJ Pressby DOJ PressSOUTH BEND – Colton Crawford, 33 years old, of Michigan City, Indiana, was sentenced by United States District Court Judge Damon R. Leichty on his plea of guilty to being …
- Department of Justice Press Releases
Fort Wayne Man Sentenced To 110 Months In Prison
by DOJ Pressby DOJ PressFORT WAYNE- James J. Goheen, III, age 39, of Fort Wayne, Indiana, was sentenced by United States District Court Judge Holly A. Brady, on his plea of guilty to maintaining …
- Department of Justice Press Releases
Virginia equipment company owner sentenced, fined $50,000 for role in scheme to defraud Roundup coal mine
by DOJ Pressby DOJ PressBILLINGS — A Virginia equipment company owner who admitted to defrauding Signal Peak Energy, LLC, which operates a coal mine near Roundup, of nearly $250,000 in an equipment purchase scheme …
- Department of Justice Press Releases
Abingdon Man to Serve More Than 17 Years for Trafficking Methamphetamine
by DOJ Pressby DOJ PressABINGDON, Va. – Ralph Allen Phillips, Jr., 62, was sentenced today to 210 months in federal prison for possessing with the intent to distribute 500 grams or more of methamphetamine. …