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  • Department of Justice Press Releases

    Member of International Drug Trafficking Conspiracy Sentenced

    by DOJ Press March 4, 2022
    by DOJ Press March 4, 2022

    NORFOLK, Va. – A Kennewick, Washington, man was sentenced today to 145 months in prison for conspiracy to distribute and possession with intent to distribute cocaine, and distribution of cocaine. …

  • Department of Justice Press Releases

    Mount Carmel Businessman Sentenced To 12 Months’ Imprisonment For Failure To Account And Pay Over Employment Tax

    by DOJ Press March 4, 2022
    by DOJ Press March 4, 2022

    WILLIAMSPORT- The United States Attorney’s Office for the Middle District of Pennsylvania announced that Ricky Long, 54, of Mount Carmel, Pennsylvania, was sentenced to 12 months plus one-day in prison …

  • Department of Justice Press Releases

    Florida Woman Pleads Guilty to Embezzling Over $270,000 from Non-Profit Organization

    by DOJ Press March 4, 2022
    by DOJ Press March 4, 2022

                WASHINGTON – Kristina Ann Ballard, 52, of Largo, Florida, pleaded guilty today to embezzling more than $270,000 from her former employer, a nonprofit organization. …

  • Department of Justice Press Releases

    by DOJ Press March 4, 2022
    by DOJ Press March 4, 2022

    A federal court in the Southern District of New York today unsealed the first-ever criminal indictment charging a violation of U.S. sanctions arising from the 2014 Russian undermining of democratic …

  • Financial News

    U.S. money market funds see big inflows as Ukraine conflict intensifies

    by Reuters March 4, 2022
    by Reuters March 4, 2022

    – U.S. investors were rushing to invest in money market funds as the conflict between Russia and Ukraine intensified, fuelling worries about inflation and economic growth. U.S. money market funds …

  • Financial News

    Facebook-backed Indian startup Meesho targets early 2023 for IPO – source

    by Reuters March 4, 2022
    by Reuters March 4, 2022

    By Shivani Singh BENGALURU – Indian startup Meesho, which counts Facebook-owner Meta Platforms and SoftBank Group’s Vision Fund 2 as its investors, is aiming to go public in early 2023, …

  • Financial News

    Analysis-Chinese brands stay put in Russia for now despite Western exodus

    by Reuters March 4, 2022
    by Reuters March 4, 2022

    By Josh Horwitz and Brenda Goh SHANGHAI – Chinese firms are staying put in Russia for the moment despite a growing exodus of Western companies – albeit bracing for growing …

  • Financial News

    Citigroup to hire new compliance chief, reporting to general counsel

    by Reuters March 4, 2022
    by Reuters March 4, 2022

    NEW YORK – Citigroup Inc will search for a new compliance chief as its general counsel takes on oversight of compliance functions in keeping with a 2020 order from U.S. …

  • Financial News

    Panasonic plans new massive battery plant in U.S. to supply Tesla – NHK

    by Reuters March 4, 2022
    by Reuters March 4, 2022

    TOKYO – Japan’s Panasonic Corp is looking to purchase land in the United States for a mega-factory to make a new type of electric vehicle (EV) battery for Tesla Inc, …

  • Financial News

    Palladium set for biggest weekly gain in 2 years as Russia supply concerns mount

    by Reuters March 4, 2022
    by Reuters March 4, 2022

    By Arpan Varghese – Palladium extended gains on Friday, breaking above $2,800 an ounce mark en route to its biggest weekly gains in two years as concerns grew about supply …

  • Financial News

    Mobile World Congress draws large crowd despite Ukraine conflict

    by Reuters March 4, 2022
    by Reuters March 4, 2022

    By Joan Faus and Supantha Mukherjee BARCELONA – Geopolitics and technology intertwined at the Mobile World Congress this week as more than 61,000 people gathered in the Spanish city of …

  • Financial News

    UK’s Sainsbury’s stops selling products 100% sourced from Russia

    by Reuters March 4, 2022
    by Reuters March 4, 2022

    LONDON – British supermarket group Sainsbury’s has removed from sale all products that are 100% sourced from Russia in response to Russia’s invasion of Ukraine, it said on Friday. It …

  • Financial News

    Oil rally to power on as sanctions on Russia throttle market – Reuters poll

    by Reuters March 4, 2022
    by Reuters March 4, 2022

    By Seher Dareen – A rally that has driven oil prices to their highest in almost a decade shows no signs of abating, as supplies from top exporter Russia are …

  • Financial News

    Maersk curbs Belarus cargo due to Ukraine sanctions

    by Reuters March 4, 2022
    by Reuters March 4, 2022

    OSLO -Shipping and logistics group Maersk will sharply curtail its transport of goods to Belarus to comply with sanctions over Russia’s invasion of Ukraine, it said on Friday. “Only bookings …

  • Financial News

    Global equity funds see biggest weekly outflow since mid-Dec

    by Reuters March 4, 2022
    by Reuters March 4, 2022

    – Global equity funds saw massive outflows in the week to March 2 as investors sought safer havens for their assets amid Russia’s invasion of Ukraine. Investors offloaded global equity …

  • Financial News

    Turkish textile industry suffers as customers in Ukraine and Russia cancel orders

    by Reuters March 4, 2022
    by Reuters March 4, 2022

    By Ceyda Caglayan ISTANBUL – Textile and leather goods’ makers in Istanbul’s garment district are feeling the impact of Russia’s invasion of Ukraine as customers in Moscow and Kyiv have …

  • Financial News

    Dassault CEO frustrated over fighter talks with Airbus

    by Reuters March 4, 2022
    by Reuters March 4, 2022

    By Tim Hepher PARIS -Dassault Aviation voiced frustration over a dispute with partner Airbus about the next phase of work on the European FCAS fighter project and said it was …

  • Financial News

    Euro set for biggest weekly drop in 7 years as war in Ukraine intensifies

    by Reuters March 4, 2022
    by Reuters March 4, 2022

    LONDON – The euro extended its falls across the board on Friday and was poised for its biggest weekly drop in seven years against the Swiss franc as investors dumped …

  • Financial News

    RWE: one of our long-term gas contracts with Russia is dormant

    by Reuters March 4, 2022
    by Reuters March 4, 2022

    By Christoph Steitz and Tom Käckenhoff FRANKFURT – RWE on Friday said one of its long-term gas contracts with a Russian supplier was dormant, limiting the exposure for Germany’s largest …

  • Financial News

    Michelin Guide suspends restaurant recommendations in Russia

    by Reuters March 4, 2022
    by Reuters March 4, 2022

    -Michelin said on Friday its world famous guide would suspend all restaurant recommendations in Russia in response to Moscow’s invasion of Ukraine. All development projects Russia were now frozen, it …

  • Financial News

    Russia’s Nord Stream 2 pipeline operator has not filed for insolvency -TASS

    by Reuters March 4, 2022
    by Reuters March 4, 2022

    MOSCOW – The operator of Russia’s Nord Stream 2 natural gas pipeline to Germany has not filed for insolvency, TASS news agency cited the company as saying on Friday. (Reporting …

  • Financial News

    Sacklers to pay $6 billion to settle Purdue opioid lawsuits

    by Reuters March 4, 2022
    by Reuters March 4, 2022

    By Dietrich Knauth, Jonathan Stempel and Tom Hals – The Sackler family owners of Purdue Pharma LP reached a deal with a group of attorneys general to pay up to …

  • Financial News

    Russia eases rules on using rainy day fund to buy stocks, bonds

    by Reuters March 4, 2022
    by Reuters March 4, 2022

    MOSCOW -Russia’s parliament on Friday passed a law that makes it easier for the government to use the country’s National Wealth Fund (NWF) to buy stocks of Russian companies and …

  • Financial News

    Analysis-TD’s $13 billion M&A swoop extends U.S. footprint but raises cost, integration concerns

    by Reuters March 4, 2022
    by Reuters March 4, 2022

    By Nichola Saminather TORONTO – TD Bank’s planned $13.4 billion purchase of First Horizon Corp would give it access to one of the fastest growing regions in the United States, …

  • Financial News

    Palladium set for best week in 2 years as Russia supply concerns mount

    by Reuters March 4, 2022
    by Reuters March 4, 2022

    By Arpan Varghese – Palladium extended gains on Friday, breaking above $2,800 an ounce mark en route to its best week in two years as concerns grew about supply shortfalls …

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