-Coca-Cola Co and PepsiCo Inc said on Tuesday they are suspending sales of their sodas in Russia, becoming the latest high-profile Western consumer brands to curtail operations in the region …
"business"
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- Financial News
Exclusive-French auditor questions SoftBank’s accounting at Pepper robot developer
by Reutersby ReutersBy Sam Nussey TOKYO – An auditor has questioned SoftBank’s bookkeeping at the French unit that designed its Pepper robot, documents show, casting doubt on the Japanese firm’s treatment of …
- Financial News
Wall St ends down in rocky session as U.S. bans Russian oil imports
by Reutersby ReutersBy Lewis Krauskopf, Devik Jain and Sabahatjahan Contractor – Major U.S. stock indexes ended lower in rocky trading on Tuesday, as investors weighed fast-paced developments around the crisis in Ukraine …
- Financial News
Russian rouble ticks higher in little volume after stark losses
by Reutersby Reuters-The Russian rouble gained some lost ground on Tuesday in thin offshore trade after heavy losses triggered by Russia’s invasion of Ukraine, which have made it the worst-performing emerging market …
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By John McCrank and Gertrude Chavez-Dreyfuss NEW YORK -The euro on Tuesday climbed from 22-month lows against the U.S. dollar hit the previous session, lifted in part by expectations that …
- US and World News
Do not sabotage Iran deal with new conditions, West tells Russia
by Reutersby ReutersBy Francois Murphy, John Irish and Parisa Hafezi VIENNA -Western powers on Tuesday warned Russia against wrecking an almost completed deal on bringing the United States and Iran back into …
- Financial News
Oil surges as U.S. bans Russian crude, Britain to phase out purchases
by Reutersby ReutersBy Shariq Khan BENGALURU -Oil prices settled around 4% higher on Tuesday as the United States banned Russian oil imports and Britain said it will phase them out by year …
- Financial News
Tesla tells U.S. lawmakers Autopilot requires ‘constant monitoring’
by Reutersby ReutersBy David Shepardson WASHINGTON – Tesla Inc defended the safety benefits of its advanced driver assistance system Autopilot and its Full Self-Driving (FSD) capability but acknowledged they require “constant monitoring …
- Financial News
California planning to significantly boost 2030 EV requirements
by Reutersby Reuters– The California Air Resources Board said on Tuesday it plans to significantly increase electric vehicle requirements by 2030 as the state moves to phase out the sale of gasoline-powered …
- Department of Justice Press Releases
Turkish National Sentenced to 27 Months for Orchestrating “Birth Tourism” Health Care Fraud Scheme on Long Island
by DOJ Pressby DOJ PressEarlier today, in federal court in Central Islip, Ibrahim Aksakal was sentenced by United States District Judge Joanna Seybert to 27 months’ imprisonment for conspiring to commit health care and …
- Department of Justice Press Releases
Abingdon Man Pleads Guilty to Bankruptcy Fraud
by DOJ Pressby DOJ PressABINGDON, Va. – An Abingdon man, who concealed bank accounts from a federal bankruptcy court during his Chapter 11 bankruptcy proceedings, pleaded guilty last week to one count of bankruptcy …
- Department of Justice Press Releases
Spring Hill Sisters Charged In Tax Fraud Conspiracy
by DOJ Pressby DOJ PressNASHVILLE – A federal indictment unsealed today, charges two Spring Hill, Tennessee women with conspiracy to commit tax fraud and 12 counts of employment tax fraud, announced U.S. Attorney Mark …
- Department of Justice Press Releases
Gloucester County Man Admits Trafficking and Unlawfully Possessing Firearms
by DOJ Pressby DOJ PressCAMDEN, N.J. – A Gloucester County, New Jersey, man with five prior felony convictions today admitted to unlawfully possessing and conspiring to sell multiple firearms, U.S. Attorney Philip R. Sellinger …
- Department of Justice Press Releases
Owner of Rust Rare Coin Sentenced to 19 Years in Prison for Running Fraudulent Silver Trading Program
by DOJ Pressby DOJ PressSALT LAKE CITY – Gaylen Dean Rust, 62, of Layton, was sentenced to 19 years in federal prison by a U.S. District Court Judge on Tuesday, after being convicted of …
- Department of Justice Press Releases
Former Seattle doctor sentenced to 4 years in prison for defrauding pandemic relief programs
by DOJ Pressby DOJ PressSeattle – A former Seattle doctor was sentenced today in U.S. District Court in Seattle to 4 years in prison for fraudulently seeking over $3.5 million in Paycheck Protection Program …
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By Lisa Richwine LOS ANGELES – A senior Netflix Inc executive said on Tuesday the company had no current plans to offer a streaming option that included advertising but declined …
- Financial News
With eye on metal prices, U.S. cautious on possible sanctions of Usmanov companies
by Reutersby ReutersBy Daphne Psaledakis and Echo Wang WASHINGTON/NEW YORK – The United States and its allies will look for ways to impose sanctions on companies under Russian metals and telecoms tycoon …
- Financial News
Analysis-Investors shift to Latam amid war in Europe, but risks remain
by Reutersby ReutersBy Anisha Sircar and Rodrigo Campos NEW YORK – A rate hike cycle that started last year and low valuations had already made Latin America a darling destination for investors …
- Financial News
Walmart to offer its Walmart Plus service to its workers for free
by Reutersby ReutersBy Siddharth Cavale – Walmart Inc, the world’s largest retailer, will offer its Walmart Plus membership service free for part-time and full-time workers in the United States, it said on …
- Department of Justice Press Releases
Sherwood Woman Sentenced to 96 Months in Prison for Bank Fraud and Stealing from Social Security
by DOJ Pressby DOJ PressLITTLE ROCK—A Sherwood woman was sentenced today for bank fraud and theft of government funds. Kelli Hogue, formerly known as Kelli Cashion, 59, was sentenced to 96 months in …
- Financial News
U.S. Congress edges toward Ukraine aid, government funding bill
by Reutersby ReutersBy David Morgan and Richard Cowan WASHINGTON -The U.S. Congress on Tuesday appeared to be on the cusp of an agreement to allocate billions of dollars in emergency aid for …
- Financial News
ARK’S Wood sees Europe in recession, high oil prices to drive EV sales
by Reutersby ReutersBy David Randall NEW YORK – Europe’s economy is likely already in a recession as a result of the Russian invasion of Ukraine and the U.S. economy may not be …
- Financial News
Rivian is sued for allegedly misleading investors about electric vehicle prices
by Reutersby ReutersBy Jonathan Stempel -Rivian Automotive Inc has been sued by a shareholder who claimed the startup failed to tell investors it had underpriced its electric vehicles, leading to unpopular price …
- Financial News
U.S., Canada motorists weigh cuts to spending as gas prices surge to record
by Reutersby ReutersBy Rich McKay and Stephanie Kelly ATLANTA – At a Kroger station in Atlanta, general contractor L.W. Boyd had two fuel spigots going at the same time – pumping diesel …
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By William James and Kylie MacLellan LONDON -Britain will phase out imports of Russian oil and oil products by the end of 2022 and consider banning its natural gas, joining …