(Reuters) -Business software maker SAP on Wednesday reaffirmed its full-year outlook for its key cloud business revenue after slightly missing analyst expectations in the third quarter. Cloud revenue rose by …
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- Government NewsPolice Blotter
Four Men Convicted of Conspiracy and Schemes to Defraud the Small Business Administration, State Workforce Agencies, and Private Lenders
by Indira Patelby Indira PatelGregory J. Haanstad, United States Attorney for the Eastern District of Wisconsin, announced that on October 17, 2023, defendants Aziz Hassan Bey, Letez Osiris Bey, Minister Zakar Ali, and Divine-Seven El …
- MIsc. News
Lam Research forecasts revenue below estimates despite China business boom
by Reutersby ReutersBy Jaspreet Singh and Max A. Cherney (Reuters) -Chip manufacturing equipment supplier Lam Research forecast second-quarter revenue slightly below Wall Street estimates on Wednesday due to weak memory chip demand, …
- Government NewsPolice Blotter
KC Man Sentenced to 30 Years for Conspiracy to Commit Armed Robberies of Local Businesses
by Indira Patelby Indira PatelKANSAS CITY, Mo. – A Kansas City, Mo., man was sentenced in federal court today for his role in a conspiracy to commit a series of armed robberies of local …
- Business News
J&J to restructure orthopedic business after medical device sales miss
by Reutersby ReutersBy Bhanvi Satija and Patrick Wingrove (Reuters) – Johnson & Johnson on Tuesday said it has embarked on a two-year restructuring program for its orthopedics business after third-quarter medical devices …
- Government NewsPolice Blotter
Kentucky Man and Businesses Plead Guilty to Environmental Crime
by Indira Patelby Indira PatelHUNTINGTON, W.Va. – David K. Smith, 55, of Paducah, Kentucky, River Marine Enterprises, LLC, and Western River Assets, LLC, pleaded guilty today to discharge of refuse into navigable waters. According …
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WASHINGTON (Reuters) – U.S. business inventories increased a bit more than expected in August even as sales surged, suggesting inventory investment could provide a lift to economic growth in the …
- Business News
Planemakers bet on steady demand for business jets, but Wall Street wary
by Reutersby ReutersBy Mehr Bedi (Reuters) – Planemakers are betting on steady demand for business jets as the world’s largest corporate aircraft show kicks off on Tuesday, but analysts are turning cautious …
- Business News
Businessman Noboa to face economic, security hurdles as Ecuador president
by Reutersby ReutersBy Alexandra Valencia QUITO (Reuters) -Business heir Daniel Noboa will face significant challenges as he seeks to revive Ecuador’s battered economy and tackle rising crime during a truncated 17-month presidential …
- Government NewsPolice Blotter
Houston businessman charged with fraud
by Indira Patelby Indira PatelHOUSTON – A 55-year-old Houston resident is now in custody for wire fraud in relation to a fraudulent loan scheme, announced U.S. Attorney Alamdar S. Hamdani. Authorities took Michael Wayne …
- Business News
U.S, EU business groups push for steel deal, minerals drive at summit
by Reutersby ReutersBy Philip Blenkinsop BRUSSELS (Reuters) – The largest U.S. and EU business federations urged leaders meeting for a summit on Friday to resolve a lingering dispute over Trump-era metals tariffs …
- US and World News
Businessman Noboa wins Ecuador presidency, eclipsing father’s legacy
by Reutersby ReutersBy Alexandra Valencia QUITO (Reuters) -Business scion Daniel Noboa will fulfill a long-held family ambition when he takes office as Ecuador’s president, after winning election on Sunday on promises to …
- US and World News
Business heir Noboa declares victory in Ecuador presidential race
by Reutersby ReutersQUITO (Reuters) – Business heir Daniel Noboa on Sunday declared victory in Ecuador’s presidential race, after his rival, leftist Luisa Gonzalez, conceded. Noboa was tallying more than 52% of the …
- Business News
Honeywell sees steady demand for business jets over the next decade
by Reutersby ReutersBy Shivansh Tiwary (Reuters) – Global demand for new business jets is expected to stay strong over the next decade, Honeywell said on Sunday, as the engine maker projected deliveries …
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WASHINGTON – U.S. Customs and Border Protection (CBP) announced a new series of quarterly training webinars and resources to help small- and medium-sized businesses report trade violations that threaten their …
- Government NewsPolice Blotter
Former San Diego Police Officer and Three Others Sentenced for Crimes Stemming from Years-long Operation of Illicit Massage Businesses
by Indira Patelby Indira PatelNEWS RELEASE SUMMARY – October 13, 2023 SAN DIEGO – Peter Griffin, a retired San Diego police vice detective, attorney, and private investigator, was sentenced in federal court today to …
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WASHINGTON, D.C. – Detectives are searching for a man who broke into a business on the 7300 block of Georgia Avenue in Northwest Washington, D.C. The incident occurred on Monday …
- US and World News
Blinken tells Arab leaders ‘no more business as usual’ with Hamas
by Reutersby ReutersBy Humeyra Pamuk, Andrew Mills and Simon Lewis DOHA (Reuters) – U.S. top diplomat Antony Blinken is telling Middle Eastern leaders there can be “no more business as usual” with …
- Government NewsPolice Blotter
Massachusetts Businessman Pleads Guilty to Million Dollar Payroll Tax Fraud Scheme
by Indira Patelby Indira PatelBOSTON – A Melrose man pleaded guilty today to a decade-long tax fraud scheme in which he failed to pay employment taxes he had withheld from employees of his two …
- Business News
Wall St bonuses may drop 16% as higher rates threaten businesses – NY Comptroller
by Reutersby Reuters(Reuters) -Wall Street bonuses could fall 16% this year as interest rates possibly staying higher for longer threatens the performance of financial companies, according to New York State Comptroller Thomas …
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(Reuters) – American International Group (AIG) on Wednesday appointed company insiders David McElroy, Don Bailey, and Jon Hancock to key positions in a bid to strengthen its underwriting performance. McElroy …
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(Reuters) – Honeywell said on Tuesday it is realigning its business to focus on three broad business trends in its efforts to boost sales growth and reallocate capital, while strong …
- Business News
Truist in talks to sell insurance business for $10 billion – Semafor
by Reutersby Reuters(Reuters) -Truist Financial is in talks to sell its insurance brokerage unit to private equity firm Stone Point for about $10 billion, news website Semafor reported on Monday, citing people …
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BEIJING (Reuters) – China’s highest court on Tuesday issued guidelines to improve the legal environment for private business, state media CCTV said, suggesting renewed efforts by policymakers to support the …
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By Amina Niasse NEW YORK (Reuters) – U.S. small business sentiment declined slightly again in September on continued concern over inflation and persistent labor shortages, a survey published on Tuesday …