MOSCOW (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 …
"business"
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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 …
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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, …
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Ecuador’s suspension of environmental consultations hits $2 billion of investment -business leaders
by Reutersby ReutersBy Alexandra Valencia QUITO (Reuters) – Ecuador’s suspension of a decree enabling environmental consultations prior to the licensing of industrial and mining projects has paralyzed investments worth $2 billion, business …
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Australian regulator sues PayPal unit over unfair term in small business contracts
by Reutersby Reuters(Reuters) – Australia’s securities regulator said on Thursday it will take PayPal’s local arm to court alleging that the digital payments giant’s standard contracts with small business customers contain an …