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  • Financial News

    BOJ stands its ground on benchmark yield as global rates pressure builds

    by Reuters March 30, 2022
    by Reuters March 30, 2022

    By Leika Kihara and Kevin Buckland TOKYO -Japan’s central bank stepped up efforts on Wednesday to keep a key bond yield below a red line, offering to buy more government …

  • Financial News

    Auto manufacturers scramble as Shanghai locks down

    by Reuters March 30, 2022
    by Reuters March 30, 2022

    (This March 29 story corrects Thyssenkrupp statement in para 4 after company clarifies that facility assembles production lines for powertrains and other products rather than producing powertrains) SHANGHAI – Shanghai’s …

  • Financial News

    Inversion of key U.S. yield curve slice is a recession alarm

    by Reuters March 30, 2022
    by Reuters March 30, 2022

    NEW YORK – A closely monitored section of the U.S. Treasury yield curve inverted on Tuesday for the first time since September 2019, a reflection of market concerns that the …

  • Financial News

    Toyota, Honda defy parts shortage in February global production

    by Reuters March 30, 2022
    by Reuters March 30, 2022

    TOKYO -Parts supply disruptions continued to affect Japanese automakers’ global production for February but the results released on Wednesday showed a clear contrast among them, with Toyota and Honda out …

  • Financial News

    Marketmind: A 1-2 punch from the bond markets

    by Reuters March 30, 2022
    by Reuters March 30, 2022

    A look at the day ahead in markets from Dhara Ranasinghe. Whether or not you believe in the signalling power of the U.S. Treasury curve, inversion of the key 2-10 …

  • Financial News

    Air New Zealand to launch $1.5 billion recapitalisation as borders set to reopen

    by Reuters March 30, 2022
    by Reuters March 30, 2022

    (Reuters) -Air New Zealand Ltd said on Wednesday it would raise NZ$2.2 billion ($1.53 billion) to shore up its pandemic-hit balance sheet and repay a government-liquidity package of NZ$2 billion …

  • Financial News

    Climate-related disasters pose ‘major’ growth threat in Middle East, Central Asia – IMF

    by Reuters March 30, 2022
    by Reuters March 30, 2022

    By Andrea Shalal WASHINGTON – The frequency and severity of climate-related disasters are rising faster in the Middle East and Central Asia than anywhere in the world, posing a “major …

  • Financial News

    Vietnam’s Vinfast to build $2 billion electric vehicle factory in U.S

    by Reuters March 30, 2022
    by Reuters March 30, 2022

    By Phuong Nguyen and Hyunjoo Jin HANOI/SAN FRANCISCO – Vietnam’s automaker VinFast said on Tuesday it has signed a preliminary deal to initially invest $2 billion to build a factory …

  • Financial News

    Column-Elusive bond risk premium misses its curtain call: Mike Dolan

    by Reuters March 30, 2022
    by Reuters March 30, 2022

    By Mike Dolan LONDON – If not now, when? Investors typically demand some added compensation for holding a security over many years to cover all the unknowables over long horizons …

  • Financial News

    Japan Feb retail sales post first decline in 5 months on Omicron curbs

    by Reuters March 30, 2022
    by Reuters March 30, 2022

    By Kantaro Komiya TOKYO – Japanese retail sales fell in February for the first time in five months, as extended COVID-19 curbs hit service sector businesses, casting doubts over the …

  • Financial News

    UBS announces result of 2021 share buyback

    by Reuters March 30, 2022
    by Reuters March 30, 2022

    ZURICH – UBS spent 3.81 billion Swiss francs ($4.10 billion) repurchasing its shares equivalent to 6.49% of its share capital in its 2021 buyback, the Swiss bank said on Wednesday. …

  • Financial News

    Explainer-Why an inverted yield curve may not be all bad for U.S. banks

    by Reuters March 30, 2022
    by Reuters March 30, 2022

    By David Henry and Michelle Price (Reuters) – The U.S. Treasury yield curve, widely watched as a barometer of the economy’s health, briefly “inverted” on Tuesday in a warning sign …

  • Financial News

    China $9 billion IPO plans stalled amid COVID outbreak – filings

    by Reuters March 29, 2022
    by Reuters March 29, 2022

    SHANGHAI – More Chinese companies are halting domestic listing plans, filings show, as the country’s biggest coronavirus outbreak in two years hampers due diligence and information gathering, affecting an estimated …

  • Financial News

    New York man admits to insider trading following takeover tip

    by Reuters March 29, 2022
    by Reuters March 29, 2022

    By Luc Cohen NEW YORK – A New York City man pleaded guilty on Tuesday to insider trading and tax evasion charges for purchasing securities in chemical manufacturer Ferro Corp …

  • Financial News

    China’s March factory activity likely shrank amid virus outbreaks – Reuters poll

    by Reuters March 29, 2022
    by Reuters March 29, 2022

    BEIJING – China’s factory activity likely shrank in March, a Reuters poll showed, as the country imposed more mass testing and activity controls amid its worst resurgence of COVID-19 cases …

  • Financial News

    China Evergrande to sell Crystal City Project for $575 million

    by Reuters March 29, 2022
    by Reuters March 29, 2022

    (Reuters) -China Evergrande Group said on Wednesday it will sell its Crystal City Project in the eastern city of Hangzhou for 3.66 billion yuan ($575 million) to two state-owned firms …

  • Breaking NewsMaryland NewsPolice Blotter

    17 Year-Old Girl and 22 Year-Old Man Shot in Western Baltimore

    by Kristen Harrison-Oneal March 29, 2022
    by Kristen Harrison-Oneal March 29, 2022

    BALTIMORE, MARYLAND – The Baltimore Police Department is investigating a double shooting which took place on March 29th. The incident occurred in the 1800 Block of Clifton Avenue in Western …

  • Breaking NewsPennsylvania NewsPolice Blotter

    Greene Township Dollar General Robbed at Gunpoint by Apologetic Suspect

    by Ryan Dickinson March 29, 2022
    by Ryan Dickinson March 29, 2022

    GREENE TOWNSHIP, PA – The Pennsylvania State Police are investigating an armed robbery of the Dollar General located at 8948 Wattsburg Road, Greene Township, Erie County on Saturday. Police reported …

  • Financial News

    Analysis-Sony launches Game Pass counterattack with subscription service upgrade

    by Reuters March 29, 2022
    by Reuters March 29, 2022

    By Sam Nussey and Dawn Chmielewski TOKYO/LOS ANGELES -Sony Group Corp’s revamp of its PlayStation subscription service is a major step toward levelling the playing field with Microsoft’s rival Game …

  • Financial News

    No current talks with Tesla about potential union vote -UAW president

    by Reuters March 29, 2022
    by Reuters March 29, 2022

    By Joseph White and David Shepardson (Reuters) -United Auto Workers (UAW) President Ray Curry said on Tuesday he has had no discussions with Tesla or its Chief Executive Elon Musk …

  • Breaking NewsPennsylvania NewsPolice Blotter

    Texas Truck Driver, Accomplice Who Trafficked $5.6 Million in Drugs Through Bucks County Headed to Prison

    by Ryan Dickinson March 29, 2022
    by Ryan Dickinson March 29, 2022

    BEDMINSTER, PA – An out-of-state couple has been sentenced to prison after trafficking more than $5.6 million worth of heroin, cocaine, and fentanyl through Bucks County. According to the Bucks …

  • Police Blotter

    Sex Offender Wanted Out of Pennsylvania for Multiple Warrants Arrested by U.S. Marshals

    by DOJ Press March 29, 2022
    by DOJ Press March 29, 2022

    Youngstown, OH – Earlier this morning, members of the Northern Ohio Violent Fugitive Task Force (NOVFTF) arrested David Springer. Springer was wanted out of Cambria County, Pennsylvania on multiple charges …

  • Police Blotter

    $10,000 Reward Offered for Virginia Beach Murder Suspect Cola Beale

    by DOJ Press March 29, 2022
    by DOJ Press March 29, 2022

    Virginia Beach, VA – The U.S. Marshals Service is offering a reward of up to $10,000 for information leading to the arrest of Cola Winborne Beale IV, 30, who is …

  • Financial News

    Australia’s Star Entertainment to defend class action over ‘deceptive conduct’

    by Reuters March 29, 2022
    by Reuters March 29, 2022

    (Reuters) – Australia’s Star Entertainment Group faces a class action over allegations that it failed to comply with disclosure requirements, the company said on Wednesday, amid a public inquiry into …

  • Breaking NewsJersey Shore NewsNew Jersey NewsOcean County NewsPolice BlotterSchools

    Jackson Liberty Students Bid Farewell to Beloved School Resource Officer

    by Phil Stilton March 29, 2022
    by Phil Stilton March 29, 2022

    JACKSON, NJ – To the students at Jackson Liberty High School, Jackson Township Police Officer John Pejoski was more than just the cop who patrolled the hallways of the building. …

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