By Sruthi Shankar and Shreyashi Sanyal -European stocks fell on Tuesday, with commodity-linked sectors leading the losses, as concerns about surging coronavirus cases in China added to nerves ahead of …
"business"
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- Breaking NewsNew Jersey NewsNorth Jersey NewsPolice Blotter
Newark city councilman admits to taking bribes and kickbacks, filing false tax return
by Phil Stiltonby Phil StiltonNEWARK, NJ – The United States Department of Justice today announced a Newark city councilman has admitted to taking bribes, accepting kickbacks and filing a false tax return. U.S. Attorney …
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By Foo Yun Chee BRUSSELS -Amazon on Tuesday gained unconditional EU antitrust approval for its proposed $8.5 billion acquisition of U.S. movie studio MGM to help it to compete with …
- Financial News
U.S. consumers to spend record $1 trillion online in 2022 – report
by Reutersby Reuters-U.S. consumer spending on e-commerce is expected to hit a record $1 trillion this year thanks to the pandemic-driven shift to online shopping, a report from Adobe Analytics showed on …
- Financial News
EU bans top credit rating agencies from rating Russia and Russian firms
by Reutersby ReutersBy Marc Jones LONDON – The European Union has banned top credit rating firms from rating Russia and the country’s companies as part of its latest sanctions package, the European …
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By Valentina Za MILAN -UniCredit is studying ways to exit Russia following the invasion of Ukraine, but needs to find a solution for its 4,000 local staff and European companies …
- Financial News
Walmart’s Mexico unit aims to double mobile phone service users in 2022
by Reutersby ReutersMEXICO CITY – Walmart’s Mexico unit is aiming to double the number of users connected to its mobile phone service in 2022, an executive said at the company’s investors day …
- Financial News
Exclusive-Amazon’s demand for $200 million sank settlement talks with India’s Future-sources
by Reutersby ReutersBy Aditya Kalra NEW DELHI -Dispute settlement talks between Amazon.com Inc and India’s Future Retail failed over the U.S. group’s demand for the return of at least $200 million it …
- Financial News
EU to subsidise household fuel prices surging amid Ukraine crisis
by Reutersby ReutersBy Jan Strupczewski BRUSSELS – EU finance ministers agreed on Tuesday to subsidise household fuel prices and offer support to companies hit by surging energy prices as a result of …
- Department of Justice Press Releases
Violent robbery spree leads to nearly two decades in prison for Savannah felon
by DOJ Pressby DOJ PressSAVANNAH, GA: A Savannah man has been sentenced to nearly 20 years in prison after admitting his role in a series of convenience store armed robberies. Garnell Dewitt Quarterman, 32, …
- Department of Justice Press Releases
Mercer County Man Admits Participating in Armed Robbery Spree Spanning Multiple Counties in New Jersey and Pennsylvania
by DOJ Pressby DOJ PressTRENTON, N.J. – Omar Feliciano-Estremera, 44, of Trenton, today admitted participating in a string of armed robberies of businesses in New Jersey and Pennsylvania in May and June of 2019, …
- Department of Justice Press Releases
Sales Representative Charged in Federal Indictment Alleging Procurement Fraud at Chicago Elementary School
by DOJ Pressby DOJ PressCHICAGO — An ongoing federal investigation into an alleged procurement fraud scheme at a Chicago elementary school has resulted in charges against a sales representative for a Chicago Public Schools …
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European Leaders Will Travel To Kyiv, Meet With Zelenskyy Sebastian Hughes on March 15, 2022 The prime ministers of Poland, the Czech Republic and Slovenia will travel to Kyiv on …
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Russia Reverses Gas Flow Via Key Pipeline Serving Europe Thomas Catenacci on March 15, 2022 Part of a key pipeline transporting natural gas from Russia to Europe suddenly reversed its …
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Wholesale Price Inflation Reaches Double Digits Harry Wilmerding on March 15, 2022 The Producer Price Index (PPI), which measures the prices suppliers charge businesses and other customers, surged 0.8% on …
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By Maytaal Angel LONDON – Coffee traders are scrambling to redirect shipments headed for Russia and Ukraine as trade flows to the two countries collapse due to Western sanctions imposed …
- Financial News
Defying sanctions, Russia’s Sberbank adds smart TVs to technology offering
by Reutersby Reuters– Russia’s top lender Sberbank, with its international operations heavily compromised by Western sanctions against Moscow over events in Ukraine, on Tuesday unveiled a range of smart TVs, the latest …
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By Lucia Mutikani WASHINGTON – U.S. producer prices increased solidly in February as the cost of goods like gasoline surged, and further gains are in the pipeline following Russia’s war …
- Financial News
Dollar Tree discloses federal grand jury subpoena over pest issue
by Reutersby Reuters– Dollar Tree Inc said on Tuesday the Eastern District of Arkansas issued a federal grand jury subpoena related to a pest and sanitation problem, a month after U.S. health …
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By David Shepardson WASHINGTON – The White House on Tuesday unveiled a new pilot effort to help clear supply chain bottlenecks at congested U.S. ports by getting truckers, shippers, wholesalers, …
- Financial News
U.S. oil ‘mini-majors’ emerge from shale patch deals, soaring energy prices
by Reutersby ReutersBy David French HOUSTON – A group of oil and gas “mini-majors” are emerging among U.S. shale producers, built from aggressive dealmaking that industry players expect will accelerate on strong …
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By William James and Elizabeth Piper LONDON -Britain imposed sanctions on hundreds of Russian individuals and entities on Tuesday, using a new law to catch up with the European Union …
- Financial News
U.S.-South Korea trade deal grew exports but brought disappointments -U.S. trade chief
by Reutersby ReutersWASHINGTON -U.S. Trade Representative Katherine Tai said on Tuesday the decade-old U.S. Korea Free Trade Agreement (KORUS) did much to expand auto and agricultural trade with South Korea, but suffered …
- Financial News
Factbox-New UK sanctions target Russian luxury goods, steel and iron
by Reutersby ReutersLONDON – Britain announced a new round of sanctions on Russia on Tuesday, targeting hundreds of Russian businessmen, people close to Russian President Vladimir Putin and senior defence officials. Below …
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By Victoria Waldersee and Miranda Murray BERLIN -A lack of wiring harnesses from Ukraine has overtaken a shortage of semiconductors as Volkswagen’s biggest supply chain headache as the Russia-Ukraine war …