– 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 …
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- 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 …
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By Danielle Kaye, Paresh Dave and Jeffrey Dastin NEW YORK – Ukraine has urged cloud-computing and software giants including Microsoft Corp and SAP SE to cut off Russia to stop …
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Google To Buy Cybersecurity Firm For $5.4 Billion Harry Wilmerding on March 8, 2022 Google announced Tuesday it was purchasing a cybersecurity leader for $5.4 billion in an effort to …
- Financial News
L’Oreal temporarily shuts stores in Russia and condemns the war
by Reutersby ReutersBy Mimosa Spencer PARIS – Cosmetics giant L’Oreal is temporarily closing its stores in Russia and suspending investments in the country, it said on Tuesday, joining dozens of Western companies …
- Financial News
U.S. ride-hail drivers at career crossroads over record gas cost
by Reutersby ReutersBy Nivedita Balu and Tina Bellon – Uber drivers are protesting on social media over record U.S. gasoline prices eating into their earnings just as the ride-hailing firm raised its …
- Financial News
More than 140 U.S. lawmakers urge speedy action on chips funding
by Reutersby ReutersBy David Shepardson WASHINGTON – A bipartisan group of more than 140 U.S. lawmakers on Tuesday urged leaders in Congress to approve $52 billion in government subsidies for semiconductor chips …
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By Catarina Demony and Rene Wagner LISBON/BERLIN – Already struggling with rising living costs, Europeans now face an even deeper hit to their livelihoods as the conflict in Ukraine pushes …
- Financial News
Consumer goods giant Unilever to suspend its Russian imports, exports
by Reutersby Reuters-Unilever on Tuesday became the first major European food company to stop imports and exports out of Russia after the country’s invasion of Ukraine. Earlier in the day, Shell said …
- Financial News
Factbox-Commodities hit multi-year highs on disrupted Russian exports
by Reutersby ReutersLONDON – Prices of raw materials such as oil, wheat, aluminium and nickel have soared to multi-year highs since Russia invaded Ukraine on Feb. 24 and as Western sanctions disrupt …