By Sruthi Shankar and Bansari Mayur Kamdar -European stocks reversed earlier falls to close higher on Wednesday as surging commodity prices lifted energy and mining shares on fear of supply …
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- Financial News
Apollo CEO says Ukraine conflict could weigh on interest rate rises
by Reutersby ReutersBy Chibuike Oguh – Apollo Global Management Inc Chief Executive Marc Rowan said on Tuesday that Russia’s invasion of Ukraine could temper interest rate rises by central banks and that …
- Financial News
Euro zone inflation soars to new high, intensifying ECB dilemma
by Reutersby ReutersBy Balazs Koranyi and Francesco Canepa FRANKFURT – Euro zone inflation soared to another record high last month, intensifying a policy dilemma for the European Central Bank, which will need …
- Financial News
Donerail drops plan to buy Turtle Beach, instead seeks to oust board -letter
by Reutersby ReutersBy Svea Herbst-Bayliss BOSTON – Investment firm Donerail Group has abandoned plans to buy gaming equipment company Turtle Beach Corp and is instead seeking to oust all of its six …
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BERLIN – German sportswear company Puma said on Wednesday that deliveries to Russia have been stopped but its 100 stores in the country are open. Russia and Ukraine accounted for …
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Vast Lawlessness in My Town: Jackson Township Homeowner Claims Over Quality of Life Inaction
by Phil Stiltonby Phil StiltonJACKSON TOWNSHIP, NJ – Jackson Township resident Elanor Hannum, who has been battling Mayor Michael Reina and the township council for decades over multiple alleged quality of life concerns for …
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By Jamie Freed and Tim Hepher -Russian aviation veered towards isolation on Wednesday as Boeing and Airbus halted the supply of components and analysts predicted carriers may strip parked planes …
- Financial News
U.S. crude, fuel stocks dwindle as buyers grab from storage – EIA
by Reutersby ReutersBy David Gaffen -U.S. crude and fuel stocks fell in the latest week, driving key storage hubs to multi-year lows as strong demand had refiners and other users paying dearer …
- Financial News
Lawsuit claiming Kellogg’s Strawberry Pop-Tarts have too few strawberries is dismissed
by Reutersby ReutersBy Jonathan Stempel – Kellogg Co has won the dismissal of a proposed class-action lawsuit claiming its Strawberry Pop-Tarts do not contain enough strawberries. U.S. District Judge Marvin Aspen in …
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Jackson Business Administrator Says “Some People” in Town Not Following the Rules
by Phil Stiltonby Phil StiltonJACKSON TOWNSHIP, NJ – Jackson Township Business Administrator Terrance Wall in a recent town council meeting said many of Jackson’s newer residents aren’t following the rules. Wall singled out complaints …
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MOSCOW – Annual consumer inflation in Russia accelerated to 9.05% as of Feb. 25 from 8.84% a week earlier, the economy ministry said on Wednesday, climbing further above an official …
- Department of Justice Press Releases
United States Attorney Breon Peace Announces Formation of Consumer Protection Team in the Office’s Civil Division
by DOJ Pressby DOJ PressBreon Peace, United States Attorney for the Eastern District of New York, announced today the creation of a Consumer Protection Team in the Office’s Civil Division. The Consumer Protection Team, …
- Department of Justice Press Releases
Indianapolis Felon Serving Community Correction Sentence Indicted for New Federal Drug Trafficking and Firearms Offenses
by DOJ Pressby DOJ PressINDIANAPOLIS – A federal grand jury in the Southern District of Indiana returned an indictment late yesterday charging Dreshaun Carter, 25, of Indianapolis with crimes related to the distribution of …
- Department of Justice Press Releases
U.S. Attorney Cindy Chung Names Leadership Team, Reorganizes Criminal Division
by DOJ Pressby DOJ PressPITTSBURGH – United States Attorney Cindy Chung has announced the office’s new executive leadership team and a restructuring of the Criminal Division that will allow the office to best effectuate the Administration’s …
- Department of Justice Press Releases
Missouri Man receives 50-year Sentence after Trial for Sexual Exploitation of a Minor
by DOJ Pressby DOJ PressBENTON, Ill. – A Jefferson County, Missouri, man was sentenced to a total of 600 months in prison on Friday, February 25, 2022, after a federal jury found him guilty …
- Financial News
Analysis-Ukraine war raises spectre of Russia’s first external debt default
by Reutersby ReutersBy Karin Strohecker LONDON – With much of Moscow’s $640 billion reserves under lock and key in the West and sanctions crippling cross-border capital flows, investors fear Russia may be …
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By Christina Amann and Nick Carey -Carmakers including Germany’s Volkswagen, BMW and Porsche are struggling to obtain crucial wire harnesses as suppliers in western Ukraine have been shuttered by the …
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Pittsburgh Police Chief Takes the Polar Bear Plunge
PITTSBURGH, PA – It wasn’t a lake, ocean or river, but it was just as cold. This weekend, Pittsburgh Police Chief Scott Schubert took the Polar Bear plunge and along …
- Financial News
Sanctions significantly increase chance of Russia international debt default, analysts warn
by Reutersby ReutersBy Marc Jones LONDON – Sanctions imposed on Russia have significantly increased the chance of the country defaulting on its dollar- and other international market government debt, analysts at JPMorgan …
- Financial News
Marathon Galveston Bay Refinery, Texas, production to be reduced for a month -sources
by Reutersby ReutersHOUSTON -Marathon Petroleum Corp plans to cut production for up to a month at its 593,000-barrel-per-day (bpd) Galveston Bay Refinery in Texas City, Texas, as repairs continue on residual hydrotreating …
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By Deborah Mary Sophia -Clothes retailer Abercrombie & Fitch Co warned of weaker margins in 2022 after missing holiday-quarter sales and profit estimates due to product shortages and COVID-19 curbs, …
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– Luxury retailer Canada Goose Holdings Inc said on Wednesday it would suspend all wholesale and e-commerce sales to Russia, becoming the latest company to respond to the country’s invasion …
- Financial News
Yellen to tout Biden’s economic agenda, Russia sanctions in Chicago
by Reutersby ReutersBy David Lawder CHICAGO -U.S. Treasury Secretary Janet Yellen travels to Chicago on Wednesday to amplify President Joe Biden’s State of the Union messages on punishing Russia for its invasion …
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By Ananya Mariam Rajesh -Dollar Tree Inc on Wednesday missed Wall Street expectations for quarterly sales and flagged insipid annual sales, in another sign of rising inflation and declining stimulus …
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– Airbus Helicopters announced on Wednesday it had reached an agreement with France and Spain for its Tiger MkIII programme, including the upgrade of 42 combat helicopters for France and …