"business"

By Can Sezer and Orhan Coskun ISTANBUL – President Tayyip Erdogan’s wager that Turkey could ride out an inflation and currency shock with low rates and reserves has all but …

By Lucia Mutikani WASHINGTON – U.S. consumer prices surged in February, forcing Americans to dig deeper to pay for rent, food and gasoline, and inflation is poised to accelerate even …

NEWARK, N.J. – A former New Jersey resident was sentenced today to 29 months in prison for his role in an investment scheme through which he fraudulently obtained more than …

MADISON, WIS. – Timothy M. O’Shea, United States Attorney for the Western District of Wisconsin, announced that Marvin Coates, 34, Sun Prairie, Wisconsin was sentenced today by Chief U.S. District …

          LOS ANGELES – The former chief executive of Aviron Pictures has agreed to plead guilty to federal fraud and money laundering charges, admitting that he applied for and received …

By Stephen Culp NEW YORK – Wall Street resumed its slide on Thursday, ending in the red as inflation hit a four-decade high, cementing expectations that the U.S. Federal Reserve …

– U.S. Senator Joe Manchin wants his fellow Democrats on the Senate Banking Committee to move ahead with four of President Joe Biden’s five nominees to the Federal Reserve, dropping …

By Chavi Mehta – Oracle Corp forecast fourth-quarter profit above Wall Street estimates as the legacy software firm expects its heavy cloud investments to pay off, as more businesses ramp …

By Makiko Yamazaki TOKYO – The top shareholder in Toshiba Corp and two influential proxy advisory firms joined a growing list of investors on Thursday who oppose the Japanese firm’s …

By Akash Sriram and Paul Lienert – Rivian Automotive Inc warned on Thursday that supply-chain issues could cut its planned production in half in 2022 to 25,000 vehicles, sending shares …

NEW YORK – Major U.S. banks have started announcing plans to wind down operations in Russia in the wake of its invasion of Ukraine and retaliatory sanctions. On Thursday, Goldman …

By Jason Lange and Ann Saphir WASHINGTON – U.S. consumers plan to cut spending on restaurant meals and movies if gasoline prices keep rising as Russia’s invasion of Ukraine rattles …

            CONCORD – Dylan Greene, 40, of Dover, was sentenced to 72 months in federal prison for possession of fentanyl with intent to distribute, United …

MACON, Ga. – A Macon resident pleaded guilty to federal charges resulting from a lengthy investigation into a significant multi-state dog fighting and cocaine trafficking network. Shelley Johnson aka Gold Mouth, …

Reagor Dykes Auto Group owner Bart Reagor was sentenced today to 14 years in federal prison for lying to a bank about his company’s prospects, announced U.S. Attorney for the …

NEWARK, N.J. – An Essex County, New Jersey, man was sentenced today to 108 months in prison for conspiring to obtain mortgage loans to finance the sale of properties to …

By Shariq Khan BENGALURU – Oil prices settled about 2% lower on Thursday after a volatile session, a day after its biggest daily dive in two years, as Russia pledged …

By Rich McKay and Sharon Bernstein – A surge in U.S. retail gasoline prices to record highs has prompted governors and lawmakers in several states to consider slashing their fuel …

By Jamie Freed – Aircraft lessor BOC Aviation Ltd believes a deadline giving lessors just over two weeks left to end contracts with Russian carriers due to sanctions over its …

– Barclays appointed Ihsan Essaid as co-head of its global mergers and acquisitions business, according to a memo seen by Reuters on Thursday. Essaid is a veteran of about three …

By Roberto Samora SAO PAULO – Six South American nations are proposing the exclusion of fertilizer from sanctions on Russia, a major world producer whose invasion of Ukraine has disrupted …

By Megan Davies, Davide Barbuscia and Aziz El Yaakoubi – In the scramble by some bankers and financial industry executives to leave Moscow, Dubai is turning out to be a …

By Echo Wang and David Shepardson – TikTok is nearing a deal for Oracle Corp to store its U.S. users’ information without its Chinese parent ByteDance having access to it, …

By Caroline Valetkevitch NEW YORK – Investors are bracing for a hit to U.S. earnings as oil and other commodity costs skyrocket and major U.S. companies including McDonald’s begin to …

By Jonathan Allen NEW YORK – The first licenses to open the newly legalized marijuana retail outlets coming to New York later this year will be reserved for people with …