A gynecologic oncologist, Vinay K. Malviya M.D., has agreed to pay $775,000 to resolve claims he violated the False Claims Act by submitting or causing the submission of false claims …
All News
-
-
WASHINGTON – U.S. business inventories increased more than expected in February amid a moderation in sales, data showed on Thursday. Business inventories rose 1.5% after climbing 1.3% in January, the …
- Financial News
TD CEO Masrani says bank tax is not good policy, warns of ‘unintended consequences’
by Reutersby ReutersBy Nichola Saminather TORONTO – Toronto-Dominion Bank’s Chief Executive Bharat Masrani on Thursday criticized the Canadian Liberal government’s planned tax on banks and called for policymakers to ensure Canada plays …
-
LONDON – Central banks are racing to get on top of surging inflation, with New Zealand and Canada delivering aggressive half-point rate hikes this week and the ECB on Thursday …
-
LONDON – The European Central Bank stuck to plans on Thursday to finally end its stimulus programme in the third quarter but gave no further clues on its schedule, stressing …
- Financial News
Benettons, Blackstone buyout proposal values Atlantia at $63 billion
by Reutersby ReutersBy Francesca Landini and Valentina Za MILAN -Italy’s Benetton family and U.S. investment fund Blackstone have proposed a 58 billion euro ($63 billion) buyout offer for Atlantia, to take it …
- Financial News
ECB cannot ensure growth, but should stabilize prices – Lindner
by Reutersby ReutersBy Christian Kraemer BERLIN -Inflation is the biggest threat to public finances and the European Central Bank should act on its mandate to stabilise prices, German Finance Minister Christian Lindner …
- Financial News
Fed’s Williams: 50 basis point hike is a ‘very reasonable option’ for May
by Reutersby Reuters(Reuters) -The U.S. Federal Reserve should reasonably consider raising interest rates by a half percentage point at its next meeting in May, New York Fed President John Williams said on …
- Financial News
Amazon CEO says not adding cryptocurrency as payment option anytime soon
by Reutersby Reuters(Reuters) -Amazon.com Inc Chief Executive Officer Andy Jassy said the e-commerce giant is not close to adding cryptocurrency as a payment option to its retail business, in an interview with …
-
FRANKFURT – Measures of underlying inflation in the euro zone have risen above the European Central Bank’s 2% target and the ECB is closely monitoring inflation expectations, its president Christine …
-
By Niket Nishant and Matt Scuffham (Reuters) -Goldman Sachs Group Inc reported a 43% drop in profit but beat Wall Street expectations on Friday, as strong performances in its wealth …
-
WASHINGTON – U.S. import prices accelerated by the most in 11 years in March as Russia’s war against Ukraine boosted petroleum prices, another sign that high inflation could persist for …
- Financial News
Analysis – Sri Lanka bondholders brace for big losses in debt restructuring
by Reutersby ReutersBy Jorgelina do Rosario and Karin Strohecker (Reuters) – Sri Lanka’s creditors face losing a third to half of their investment in the country’s dollar bonds, after the government announced …
- Breaking NewsNew Jersey NewsPolice Blotter
Prisoners at Female Only New Jersey Prison Pregnant By Other Inmate
It’s a women-only prison, but that didn’t stop two female inmates from getting pregnant by a third inmate. The Department of Corrections said the pregnancy occurred through a consensual relationship …
-
LONDON -Billionaire Elon Musk has offered to buy Twitter for about $41 billion, just days after rejecting a seat on the social media company’s board. Musk’s offer price of $54.20 …
- Breaking NewsNew York NewsPolice Blotter
NYC Cab Driver Beaten and Robbed in the Bronx
by Adam Devineby Adam DevineNEW YORK, NY – A New York City cab driver was beaten and robbed by a group of individuals on Monday at around 10 pm The incident happened in the …
-
STOWE TOWNSHIP, PA – A 15-year-old male was shot once in the upper body Tuesday evening and is in critical condition at the hospital On Tuesday, the Allegheny County Police …
-
(Reuters) -Miner Barrick Gold, said on Thursday first-quarter production fell 17.7% from the previous three months, hurt by lower output at its Carlin and Cortez mines in Nevada. Barrick said …
-
DUESSELDORF – Thyssenkrupp is cutting working hours for 1,300 of its steel workers, the German conglomerate said on Thursday, responding to the impact of the war in Ukraine on the …
- Financial News
Less rice for the same price: inflation bites Asia’s food stalls
by Reutersby Reuters(Reuters) – Profits at Ma Hong’s spicy hotpot restaurant have been squeezed by about a fifth since he opened in downtown Beijing last year, crushed by beef tripe prices that …
- Financial News
Deutsche Bank investor Capital Group sells most of big stake – Filing
by Reutersby ReutersFRANKFURT – U.S. investor Capital Group sold most of its 5.2% stake in Deutsche Bank, according to a disclosure on Thursday. The filing makes official the name of the seller, …
-
By Xie Yu HONG KONG – UBS Group AG has appointed a new manager to oversee a $2 billion Asian high yield fund, the Swiss bank said in a statement, …
-
By David Milliken and William Schomberg LONDON -British consumers spent more in early April, partly due to soaring fuel prices, but fewer people left their homes to go to work, …
- Financial News
Uniqlo owner sees big profit drop in China, sounds alarm on yen
by Reutersby ReutersBy Rocky Swift TOKYO -The owner of Japanese clothing brand Uniqlo on Thursday flagged a big profit drop in China due to COVID-19 restrictions, while its chief executive sounded alarm …
- Financial News
Russia pledges 19.5 billion roubles in state support for airlines
by Reutersby Reuters(Reuters) – Russia has pledged 19.5 billion roubles ($238 million) in state support for airlines to refund passengers flying on routes that have been cancelled due to sanctions, Russian Prime …