By Nivedita Balu TORONTO (Reuters) – Bank of Montreal (BMO) is winding down its indirect retail auto finance business and shifting focus to other areas in a move that will …
"business"
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Five Businesses that Are Uniquely New Jersey
When you think of New Jersey, you think of shopping malls and outlets, but that’s pretty much the case for any state in America. What you don’t think about are …
- US and World News
Russia says U.S. conviction of Kremlin-linked businessman “politically motivated” – RIA
by Reutersby ReutersMOSCOW (Reuters) – Moscow has dismissed as “politically motivated” the conviction of Russian businessman Vladislav Klyushin in a U.S. court for participating in a $93 million insider-trading scheme, the state …
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New York Man Targeted Asian Business Owners in NY, NJ, PA
NEWARK, NJ – James Hurt, a 47-year-old from New York, admitted to participating in a conspiracy aimed at burglarizing Asian and Asian-American small business owners’ homes across multiple states. U.S. …
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WASHINGTON (Reuters) – U.S. business inventories were unchanged in July as companies continued to carefully manage stocks in anticipation of weak demand because of higher interest rates. The unchanged reading …
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Business Owner Demanded Employee Kickbacks After Underpaying Wages
by Leo Canegaby Leo CanegaMINEOLA, NY – Nassau County District Attorney Anne T. Donnelly announced charges against Angelo Stanco, 58, and his company, American Paving & Masonry Corp. The charges include Grand Larceny, Failure …
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Brooklyn Man Lured Aspiring Model into Sex Trafficking Business
by Leo Canegaby Leo CanegaBROOKLYN, NY – Allen Barrington, 38, has been sentenced to 10 years in prison for the sex trafficking of an 18-year-old girl. The Brooklyn District Attorney announced the sentence on …
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(Reuters) – Citigroup announced a major reorganization on Wednesday that trims management layers, giving CEO Jane Fraser more direct oversight over its businesses as she aims to boost its profit …
- Business News
Von der Leyen announces China car probe, paints herself as EU business champion
by Reutersby ReutersBy Yves Herman, Ingrid Melander and Andrew Gray STRASBOURG (Reuters) -EU Commission chief Ursula von der Leyen announced an anti-subsidy probe into Chinese electric vehicles on Wednesday, presenting herself as …
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Putin hails Elon Musk as an ‘outstanding person’ and businessman
by Reutersby ReutersVLADIVOSTOK, Russia (Reuters) – Russian President Vladimir Putin on Tuesday hailed South African-born businessman Elon Musk as an “outstanding person” and businessman whose SpaceX company had become a major player …
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Airbus to combine fighter businesses in defence shake-up -sources
by Reutersby ReutersPARIS (Reuters) – Airbus plans to merge two separate fighter businesses as part of a reorganisation of its Defence & Space division, union sources said. The move brings together Military …
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US small business sentiment falls for first time in 4 months -NFIB
by Reutersby ReutersBy Amina Niasse NEW YORK (Reuters) – U.S. small business sentiment declined last month for the first time since April on continued concern over inflation and difficulty finding quality labor, …
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Australian business conditions hold strong in Aug, cost pressure elevated
by Reutersby ReutersSYDNEY (Reuters) – Australian business conditions proved resilient yet again in August with a broad uptick in sales, profits and jobs, while inflationary pressures remained elevated, a result that could …
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Analysis-For retail investors, jumping on Arm’s blockbuster IPO is a risky business
by Reutersby ReutersBy Noel Randewich and Hannah Lang (Reuters) -Retail traders getting their first bite at Arm Holdings’ highly anticipated public offering when the British chip designer begins trading this week should …
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US, Vietnam firms talk business during Biden visit; AI and Boeing deals unveiled
by Reutersby ReutersBy Phuong Nguyen and Francesco Guarascio HANOI (Reuters) -Executives at top U.S. and Vietnamese firms in the semiconductor, tech and aviation sectors met on Monday seeking to forge business partnerships …
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Alibaba’s outgoing CEO Daniel Zhang quits cloud business in surprise move
by Reutersby ReutersBy Brenda Goh SHANGHAI (Reuters) -China’s Alibaba Group on Sunday announced that Daniel Zhang will step down from its cloud business, in a surprise move just two months after the …
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South China small businesses start to count cost of record rains
by Reutersby ReutersBy Nicoco Chan DONGGUAN, China (Reuters) – Shop owners in a town in China’s southern manufacturing heartland tried to clean up the mess and started to count the cost of …
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Five Arrested for Illegal Money Business in NYC Diamond District
by Adam Devineby Adam DevineNEWARK, NJ – Five men working in New York City’s Diamond District were arrested on Thursday for illegally processing over $600 million through unlicensed money transmitting businesses. Raj Vaidya, 26; …
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(Reuters) -Berry Global Group said on Friday it has initiated a formal process to evaluate strategic alternatives for its health, hygiene and specialties segment (HH&S). The segment accounted for 22% …
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Russian businessman gets 9 years in US prison for hack-and-trade scheme
by Reutersby ReutersBy Nate Raymond and Maria Tsvetkova BOSTON (Reuters) -A Russian businessman with ties to the Kremlin was sentenced on Thursday to nine years in a U.S. prison after being convicted …
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Pizza and Taco Craving Leads Man to Powerball Win to Start New Business
HYATTSVILLE – A pitstop for pizza and tacos at a local 7-Eleven also yielded a $50,000 Powerball win for a 66-year-old Hyattsville man in the September 2 drawing. A regular …
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Exclusive-Stroeer considers options for 2024 sale of data business Statista -sources
by Reutersby ReutersBy Emma-Victoria Farr and Amy-Jo Crowley FRANKFURT/LONDON (Reuters) -German advertising group Stroeer is considering possible options for the sale of Statista in 2024, in a process which could value the …
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Downtown Freehold Launches Metered Parking; Will it Affect Business?
FREEHOLD, NJ – One of the benefits of having a night out in Downtown Freehold was that, unlike other busy area entertainment centers, parking was free. This week, officials launched …
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Most Americans, Even in New Jersey Think Joe Biden Involved in Hunter’s Business Deals
TRENTON, NJ – A poll conducted by CNN found that most Americans believe President Joe Biden was involved in the illegal and controversial business dealings of his son Hunter. The …
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BANGKOK (Reuters) – Thailand’s economy is expected to grow 2.5% to 3.0% this year, down from a previous forecast of 3.0% to 3.5%, due to declining exports and public expenditure, …