TRENTON, NJ – The Jersey Shore communities have long argued Governor Phil Murphy’s school funding formula unfairly penalizes school districts in counties like Ocean County. The argument is that Ocean …
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By Shariq Khan BENGALURU – Oil prices settled about 2% lower on Thursday after a volatile session, a day after its biggest daily dive in two years, as Russia pledged …
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By Rich McKay and Sharon Bernstein – A surge in U.S. retail gasoline prices to record highs has prompted governors and lawmakers in several states to consider slashing their fuel …
- Financial News
BOC Aviation says sanctions deadline to end Russian leases is ‘unrealistic’
by Reutersby ReutersBy Jamie Freed – Aircraft lessor BOC Aviation Ltd believes a deadline giving lessors just over two weeks left to end contracts with Russian carriers due to sanctions over its …
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– Barclays appointed Ihsan Essaid as co-head of its global mergers and acquisitions business, according to a memo seen by Reuters on Thursday. Essaid is a veteran of about three …
- Financial News
South American nations push to exclude fertilizer from Russia sanctions
by Reutersby ReutersBy Roberto Samora SAO PAULO – Six South American nations are proposing the exclusion of fertilizer from sanctions on Russia, a major world producer whose invasion of Ukraine has disrupted …
- Financial News
IMF chief Georgieva says Ukraine war to lower global growth forecast
by Reutersby ReutersBy Andrea Shalal WASHINGTON – The war in Ukraine and massive sanctions against Russia have triggered a contraction in global trade, sending food and energy prices sharply higher and forcing …
- Financial News
Dubai a favorite destination as some Moscow-based bankers beat path to exit
by Reutersby ReutersBy Megan Davies, Davide Barbuscia and Aziz El Yaakoubi – In the scramble by some bankers and financial industry executives to leave Moscow, Dubai is turning out to be a …
- Financial News
Exclusive-TikTok nears Oracle deal in bid to allay U.S. data concerns-sources
by Reutersby ReutersBy Echo Wang and David Shepardson – TikTok is nearing a deal for Oracle Corp to store its U.S. users’ information without its Chinese parent ByteDance having access to it, …
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By Caroline Valetkevitch NEW YORK – Investors are bracing for a hit to U.S. earnings as oil and other commodity costs skyrocket and major U.S. companies including McDonald’s begin to …
- Financial News
Goldman, JPMorgan unwind Russia business, EU banks disclose more exposures
by Reutersby ReutersBy Lawrence White, Brenna Hughes Neghaiwi and Matt Scuffham LONDON/NEW YORK – Goldman Sachs Group Inc and JPMorgan Chase became the first U.S. banks to wind down business in Russia …
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MEXICO CITY – Mexican President Andres Manuel Lopez Obrador on Thursday urged Argentina to accept a new $45 billion deal with the International Monetary Fund (IMF) instead of defaulting on …
- Financial News
Chile regulator fines BHP’s Escondida mine for damage in Salar de Atacama
by Reutersby ReutersSANTIAGO – Chile’s environmental regulator said on Thursday it had fined Escondida mine, controlled by company BHP, $8.2 million for damage caused by water extraction in the Salar de Atacama …
- Financial News
EBay expects revenue growth of up to 6% in 2023, launches digital wallet
by Reutersby Reuters– E-commerce company eBay Inc said on Thursday it expects revenue to grow between 5% and 6% in fiscal 2023, and launched its first digital wallet. Analysts polled by Refinitiv …
- Financial News
Euro eases after ECB meeting, while dollar firms following inflation data
by Reutersby ReutersBy John McCrank NEW YORK – The euro retreated from its overnight gains on Thursday following the European Central Bank’s announcement it will phase out its stimulus in the third …
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– The rouble ticked up in both Moscow and international FX markets on Thursday after the first formal talks between Russia and Ukraine’s foreign ministers, even though the meeting made …
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By Matt Scuffham, Sinead Cruise and Niket Nishant NEW YORK/LONDON – Goldman Sachs Group Inc and JPMorgan Chase & Co on Thursday announced they were unwinding their Russian businesses, becoming …
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By David Shepardson WASHINGTON – Several public advocacy groups on Thursday called on U.S. regulators to block a bid by budget carriers Frontier Group Holdings and Spirit Airlines Inc to …
- Department of Justice Press Releases
KC Man Sentenced for Shooting Female Z-Trip Driver 26 Times During Robbery
by DOJ Pressby DOJ PressKANSAS CITY, Mo. – A Kansas City, Missouri, man has been sentenced in federal court for the armed robbery of a female Z-Trip driver whom he shot approximately 26 times …
- Department of Justice Press Releases
Grand Jury indicts former St. Louis school principal and co-conspirator in murder for hire plot
by DOJ Pressby DOJ PressST. LOUIS – A federal grand jury indicted Cornelius M. Green and Phillip J. Cutler on March 9, 2022, for conspiracy to commit murder for hire and murder for hire …
- Department of Justice Press Releases
Two Gastonia Drug Traffickers Are Sentenced To 15+ Years In Federal Prison
by DOJ Pressby DOJ PressCHARLOTTE, N.C. – Today, U.S. District Judge Robert J. Conrad Jr. handed down lengthy prison sentences to two individuals convicted of drug trafficking in Gaston County, announced Dena J. King, …
- Department of Justice Press Releases
Las Vegas Man Pleads Guilty To Committing COVID Relief Fraud While On Pretrial Release
by DOJ Pressby DOJ PressLAS VEGAS – A Las Vegas man pleaded guilty yesterday to participating in a scheme to defraud the Small Business Administration and a Paycheck Protection Program (PPP) lender while he …
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PITTSBURGH, PA – Twenty residents of the Western District of Pennsylvania have been charged by a federal grand jury in Pittsburgh in four separate but related Indictments with violations of …
- Department of Justice Press Releases
Luzerne County Man Pleads Guilty To Fentanyl Trafficking
by DOJ Pressby DOJ PressSCRANTON – The United States Attorney’s Office for the Middle District of Pennsylvania announced that Thomas Evanchik, age 41, formerly of Kingston, Pennsylvania, pleaded guilty on March 9, 2022, before …
- Department of Justice Press Releases
Previously Convicted Felon from Philadelphia Sentenced to Over 14 Years After Second Federal Drug Trafficking Conviction
by DOJ Pressby DOJ PressPHILADELPHIA – United States Attorney Jennifer Arbittier Williams announced that Jose Manuel Figueroa, 52, of Philadelphia, PA, was sentenced to 14 years and seven months in prison, and six years …