QUEENS, NY – Two men are being sought by the New York City Police Department after they allegedly shoved a 79-year-old man to the ground and removed his wallet. The …
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New York City Police Seek to Identify L Train Shooting Suspect
by Adam Devineby Adam DevineNEW YORK, NY – The New York City Police Department is attempting to identify a subway shooting suspect involved in an incident that occurred Sunday night. A man, dressed in …
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As Great Adventure Gets Ready to Open for 2022, Here’s What’s New at the Park
JACKSON, NJ – It’s almost that time of the year at the Jersey Shore, when you store your winter clothes and bring out the summer attire for the beach, fishing, …
- Financial News
Oil price spike could prompt demand slump, MUFG analysis suggests
by Reutersby ReutersLONDON – Soaring Brent crude oil prices are tracking the same path as in 2007-08, when they hit a record $150 a barrel before demand destruction kicked in and prices …
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Sarge retires after 6 years of service as a Gloucester K-9 cop
GLOUCESTER TWP, NJ – Sarge is retiring. After a six-year career of service to the community of Gloucester, Sarge, the police department’s K-9 faithful is retiring. Who knows, maybe he’ll …
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By Hari Kishan and Sarupya Ganguly BENGALURU – U.S. house prices are set to climb in double digits this year even as the Federal Reserve embarks on its expected series …
- Financial News
Russian PM pledges flexible taxes, support to IT firms as crisis unfolds
by Reutersby ReutersMOSCOW – Prime Minister Mikhail Mishustin on Wednesday said Russia would provide additional funds to develop its IT sector and may tweak tax arrangements for businesses and households as it …
- Financial News
European gas prices touch new highs as Russia supply fears grow
by Reutersby ReutersBy Susanna Twidale LONDON – European and British gas prices soared on Wednesday, with a benchmark Dutch gas price hitting a record high as countries said EU sanctions against Russia could …
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– Shares of Nordstrom Inc soared more than 32% on a faster-than-expected recovery at the company’s off-price Rack outlets that raised hopes about the department store’s ability to stanch further …
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– Swiss-based Russian gas pipeline operator Nord Stream 2 AG has not filed for insolvency, it said on Wednesday. “We do not confirm the media reports that Nord Stream 2 …
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China will not join sanctions on Russia, banking regulator says
by Reutersby ReutersBEIJING – China will not join in sanctions on Russia that have been led by the West, the country’s banking regulator said on Wednesday, adding that he believed the impact …
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By Nevzat Devranoglu ISTANBUL – Turkey’s trade deficit widened 186% year-on-year in the first two months of the year due to a surging energy bill, data showed on Wednesday, as …
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High debt EU countries should start to tighten policy in 2023 – Commission
by Reutersby ReutersBRUSSELS – European Union countries should move to a neutral fiscal stance next year from a supportive stance in 2022, with high debt countries focusing on tighter fiscal policy and …
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Russia’s top airline assessing sanctions impact, asks EU regulators for clarity
by Reutersby ReutersMOSCOW – Russia’s top airline Aeroflot said on Wednesday that it was assessing the impact of Western sanctions on its leased planes and that it was asking European Union (EU) …
- Financial News
CesiumAstro secures $60 million in funding from Airbus Ventures and others
by Reutersby ReutersBy Jane Lanhee Lee – CesiumAstro Inc, a startup that builds hardware and software for aerospace communications, said on Wednesday it has raised $60 million in funding from investors including …
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By Alistair Smout and Muvija M LONDON -Russia’s invasion of Ukraine will not have a dramatic impact on bookings in eastern Europe so long as the war doesn’t escalate, Ryanair …
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Boeing suspends parts, maintenance and support for Russian airlines
by Reutersby ReutersWASHINGTON – U.S. airplane manufacturer Boeing Co said on Tuesday it was suspending parts, maintenance and technical support for Russian airlines as well as major operations in Moscow after Russia’s …
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Ukraine central bank asks IMF, G7 to limit Russian and Belarussian access
by Reutersby ReutersLVIV – The Ukrainian central bank on Wednesday asked the International Monetary Fund and the Group of Seven major economies to limit the participation of Russian and Belarussian representatives in …
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By Julie Gordon OTTAWA – The Bank of Canada is poised to hike its key overnight interest rate for the first time in three years on Wednesday, kicking off a …
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Big U.S. auto dealers bet billions against the death of the dealership
by Reutersby ReutersBy Joseph White DETROIT – U.S. auto dealers, flush with cash, are buying each other at a record pace, but they are not closing stores in the process. Defying predictions …
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U.S. shale oil forecasts keep rising as smaller producers lead the way
by Reutersby ReutersBy Liz Hampton – Publicly traded U.S. shale firms are not budging on production restraint vows as oil markets surge amid Russia’s invasion of Ukraine, leaving smaller producers to lead …
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Russian central bank temporarily suspends international transfers by some foreign entities
by Reutersby ReutersMOSCOW – Russia’s central bank said on Wednesday it was temporarily suspending transfers by foreign legal entities and individuals from several countries to accounts abroad. The bank said it was …
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MOSCOW -Russia’s largest lender Sberbank is quitting almost all European markets, blaming big cash outflows and threats to its staff and property following Russia’s invasion of Ukraine and Western sanctions. …
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BERLIN – Volkswagen’s Porsche is suspending production at its Leipzig plant until the end of next week as a result of the Ukraine crisis, a spokesperson for the luxury carmaker …
- Financial News
Russia’s Nabiullina tells central bank staff: we hoped not to face extreme economic situation
by Reutersby ReutersMOSCOW – Russia’s Central Bank Governor Elvira Nabiullina said Russia’s economy had come up against an extreme situation, something she said they had all hoped would not happen, in an …