By Lucia Mutikani WASHINGTON – U.S. manufacturing activity picked up more than expected in February as COVID-19 infections subsided, though hiring at factories slowed, contributing to keeping supply chains snarled …
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- Financial News
Hungary central bank ready to act ‘at any moment’ to shore up markets
by Reutersby ReutersBy Gergely Szakacs BUDAPEST – The National Bank of Hungary (NBH) is ready to intervene “at any moment” with all tools at its disposal to ensure the stability of local …
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By Uday Sampath Kumar and Aishwarya Venugopal -U.S. retailer Target Corp posted record holiday quarter earnings on Tuesday and forecast an upbeat 2022 as it expects supply chain pressures to …
- Financial News
Bank of Italy says it is ending COVID-related relief measures for banks
by Reutersby ReutersMILAN – The Bank of Italy said on Tuesday it would remove a number of relief measures on banking requirements that had been introduced to help lenders through the COVID-19 …
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New Jersey’s 73-year-old criminal ban on pumping your own gas could soon end
by Phil Stiltonby Phil StiltonTRENTON, NJ – New Jersey motorists may soon be able to pump their own gas. That is if a bipartisan-sponsored bill introduced in the state assembly reaches Governor Phil Murphy’s …
- Financial News
U.S. bank profits jump in 2021 as firms shed credit loss reserves, FDIC says
by Reutersby ReutersBy Pete Schroeder WASHINGTON -U.S. banks saw their profits jump nearly 90% in 2021 as firms shrank how much money they were setting aside to protect against credit losses, the …
- Financial News
$10 toothpaste? U.S. household goods makers face blowback on price hikes
by Reutersby ReutersBy Jessica DiNapoli – Get ready for the $10 tube of toothpaste. Colgate-Palmolive Co CEO Noel Wallace said last week at an industry conference that the household goods maker sees …
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– U.S. insurer American International Group said on Tuesday it would no longer provide underwriting services and investments for the construction of any new coal-fired power plants, thermal coal mines …
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By Valentina Za MILAN -The latest wave of sanctions on Russia over its Ukraine invasion has thrown the global banking industry deeper into turmoil, as Western countries try to squeeze …
- Financial News
Ukraine raises $273 million at debt auction for war effort, says finance ministry
by Reutersby ReutersLVIV – Ukraine raised 8.1 billion hryvnias ($273 million) on Tuesday at its first bond auction to raise money for its fight against Russia, the finance ministry said in a …
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– Tennis great Serena Williams raised $111 million for her new early stage venture capital firm Serena Ventures, according to the fund’s blog post on Tuesday. The company has invested …
- Department of Justice Press Releases
St. Louis man pleads guilty to distribution of a controlled substance related to overdose death investigation
by DOJ Pressby DOJ PressST. LOUIS – United States District Court Judge John A. Ross accepted a plea of guilty from Markquis Bryant on today’s date for the crime of distribution of a controlled …
- Department of Justice Press Releases
Three Former Correctional Officers Sentenced To Federal Prison For Violating Civil Rights Of An Inmate During An Assault
by DOJ Pressby DOJ PressJacksonville, Florida – U.S. District Judge Marcia Morales Howard has sentenced three former Hamilton Correctional Institution Annex officers for violating the civil rights of an inmate. Coty Michael Wiltgen (32, …
- Department of Justice Press Releases
Opelika Man Sentenced for Being a Felon in Possession of a Firearm
by DOJ Pressby DOJ PressMontgomery, Alabama – Today, U.S. Attorney Sandra J. Stewart announced that Hyram Franklin Patton, a 38-year-old man from Opelika, Alabama, was sentenced to 57 months in prison for being …
- Department of Justice Press Releases
Previously Deported Alien Sentenced To Time-Served For Illegal Re-Entry
by DOJ Pressby DOJ PressHARRISBURG – The United States Attorney’s Office for the Middle District of Pennsylvania announced that on February 28, 2022, Jose Angel Robles-Alvarez, age 38, was sentenced to time served of …
- Department of Justice Press Releases
Three Defendants Sentenced For Illegal Bitcoin Business
by DOJ Pressby DOJ PressGRAND RAPIDS, MICHIGAN — U.S. Attorney Andrew Birge announced today that Christopher Allan Boden, a/k/a “Captain,” 46, of Grand Rapids, Daniel Reynold DeJager, a/k/a “Daniel …
- Department of Justice Press Releases
Houston Livestock Show and Rodeo to undergo ADA compliance review
by DOJ Pressby DOJ PressHOUSTON – The U.S. Attorney’s Office will conduct a compliance review of the Houston Livestock Show and Rodeo (HLSR) to evaluate accessibility for disabled individuals planning to attend the event, …
- Department of Justice Press Releases
Two Florida Men Charged With $11 Million Medicare Fraud Scheme To Traffic In Prescriptions For Medical Equipment
by DOJ Pressby DOJ PressDamian Williams, the United States Attorney for the Southern District of New York, and Scott J. Lampert, Special Agent in Charge of the U.S. Department of Health and Human Services …
- Department of Justice Press Releases
United Kingdom Citizens Indicted in Brooklyn Federal Court for Multi-Million Dollar Loan Scheme
by DOJ Pressby DOJ PressAn indictment was filed yesterday in federal court in Brooklyn charging Stephen Burton and James Wellesley, both citizens of the United Kingdom, with wire fraud conspiracy, wire fraud and money …
- Department of Justice Press Releases
Carlisle Woman Sentenced For Illegal Monetary Transactions Involving Covid-19 Relief Funds
by DOJ Pressby DOJ PressHARRISBURG- The United States Attorney’s Office for the Middle District of Pennsylvania announced that on February 28, 2022, Christina McConnell, age 43, of Carlisle, Pennsylvania, was sentenced by United States …
- Department of Justice Press Releases
Man Indicted for Frac Sand Ponzi Scheme
by DOJ Pressby DOJ PressMIDLAND – Last week a federal grand jury in Midland returned an indictment charging a Keller, Texas man with operating a Ponzi scheme. According to court documents, Marco Perez, Jr., …
- Department of Justice Press Releases
Prison sentence wraps up prosecution of middle Georgia drug trafficking conspiracy
by DOJ Pressby DOJ PressSAVANNAH, GA: With a sentence handed down in U.S. District Court, the final defendant in a drug trafficking conspiracy joins more than two dozen people sent to prison for distributing …
- Department of Justice Press Releases
South Texas woman admits to trafficking over $2 million in meth
by DOJ Pressby DOJ PressCORPUS CHRISTI, Texas – A 24-year-old Alamo woman has pleaded guilty to possessing with the intent to distribute more than 70 kilograms of highly pure meth, announced U.S. Attorney Jennifer …
- Financial News
U.S. banks’ Russia exposure unclear; risk of long-term impacts – analysts
by Reutersby ReutersBy Elizabeth Dilts Marshall NEW YORK – U.S. banks’ exposures to Russia may not be fully understood by investors due to a lack of transparency in disclosures made so far, …
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Winning Cash 5 Ticket Worth $230,000 Sold at Wayne Krauszer’s Store
WAYNE, NJ – Before there were Wawas on every corner in New Jersey, Krauszers was one of the top convenience store chains in the many parts of New Jersey. For …