By Jonathan Stempel – Kellogg Co has won the dismissal of a proposed class-action lawsuit claiming its Strawberry Pop-Tarts do not contain enough strawberries. U.S. District Judge Marvin Aspen in …
"business"
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MOSCOW – Annual consumer inflation in Russia accelerated to 9.05% as of Feb. 25 from 8.84% a week earlier, the economy ministry said on Wednesday, climbing further above an official …
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Financial News
Analysis-Ukraine war raises spectre of Russia’s first external debt default
by Reutersby ReutersBy Karin Strohecker LONDON – With much of Moscow’s $640 billion reserves under lock and key in the West and sanctions crippling cross-border capital flows, investors fear Russia may be …
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By Christina Amann and Nick Carey -Carmakers including Germany’s Volkswagen, BMW and Porsche are struggling to obtain crucial wire harnesses as suppliers in western Ukraine have been shuttered by the …
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Financial News
Sanctions significantly increase chance of Russia international debt default, analysts warn
by Reutersby ReutersBy Marc Jones LONDON – Sanctions imposed on Russia have significantly increased the chance of the country defaulting on its dollar- and other international market government debt, analysts at JPMorgan …
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Financial News
Marathon Galveston Bay Refinery, Texas, production to be reduced for a month -sources
by Reutersby ReutersHOUSTON -Marathon Petroleum Corp plans to cut production for up to a month at its 593,000-barrel-per-day (bpd) Galveston Bay Refinery in Texas City, Texas, as repairs continue on residual hydrotreating …
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By Deborah Mary Sophia -Clothes retailer Abercrombie & Fitch Co warned of weaker margins in 2022 after missing holiday-quarter sales and profit estimates due to product shortages and COVID-19 curbs, …
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– Luxury retailer Canada Goose Holdings Inc said on Wednesday it would suspend all wholesale and e-commerce sales to Russia, becoming the latest company to respond to the country’s invasion …
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By Ananya Mariam Rajesh -Dollar Tree Inc on Wednesday missed Wall Street expectations for quarterly sales and flagged insipid annual sales, in another sign of rising inflation and declining stimulus …
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– Airbus Helicopters announced on Wednesday it had reached an agreement with France and Spain for its Tiger MkIII programme, including the upgrade of 42 combat helicopters for France and …
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Financial News
Russian central bank to hold daily auctions to help banks manage liquidity
by Reutersby ReutersMOSCOW – Russia’s central bank said on Wednesday that it would hold daily 3 trillion rouble ($28.31 billion) repo and deposit auctions to help lending institutions manage their liquidity and …
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Anchorage, AK – The U.S. Marshals Service is warning the public today of a telephone scam involving a fraudulent caller contacting members of the public and alleging they, or their …
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Portland/Bangor, ME – The U.S. Marshals Service in Maine is warning the public today of a telephone scam involving fraudulent callers contacting members of the public and alleging they, or …
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Police Blotter
Two U.S. Marshals ‘Fugitive of the Week’ Fugitives Back in Custody
by DOJ Pressby DOJ PressConcord, NH – Monday night, last week’s U.S. Marshals “Fugitive of the Week,” Shawn Hartford was arrested by the Somersworth Police Department after fleeing on foot from law enforcement in …
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San Antonio, TX – The U.S. Marshals Service is warning the public of a telephone scam involving a fraudulent caller contacting individuals, threatening arrest and demanding payment of fines. Recently, …
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Police Blotter
U.S. Marshals Seek Public’s Help to ID Dodgers Game AttendeeWho Resembles a Most Wanted Fraudster
by DOJ Pressby DOJ PressUPDATE: Washington, DC – On Oct. 7, the U.S. Marshals successfully identified the man with a strong resemblance to John Ruffo who was present at a Dodgers game on Aug. …
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Police Blotter
U.S. Marshals Operations ‘Return of the School Year’ and ‘NO Saints and Sinners’Recovers 8 Missing Endangered Children and Makes 18 Arrests of Sex Offenders
by DOJ Pressby DOJ PressNew Orleans, LA – U.S. Marshals Service Eastern District of Louisiana New Orleans Task Force (USMS)-led, operations Missing Child Unit (MCU) ‘Return of the School Year’ and Sex Offender Investigations …
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Police Blotter
One of America’s Most Wanted Fugitives Identified After 52 Years
by DOJ Pressby DOJ PressCleveland, OH – On Friday July 11, 1969, Theodore John Conrad walked into his job at the Society National Bank at 127 Public Square in Cleveland as an ordinary bank …
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Police Blotter
Fugitive Wanted for Assault on Law Enforcement Officers Arrested
by DOJ Pressby DOJ PressHarrisburg, PA – Today, United States Marshal Martin J. Pane announced the arrest of Skylor Fickes, a 30-year-old man with no fixed address. Fickes was sought for: A September 29, …
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By Ann Saphir -Federal Reserve Bank of Chicago President Charles Evans on Wednesday said “extremely” high inflation poses “quite a risk” to economic growth, and the U.S. central bank needs …
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Financial News
Ralph Lauren senior executive Smith resigns after probe into improper conduct
by Reutersby Reuters– Ralph Lauren Corp said on Wednesday its Chief Commercial Officer Howard Smith would step down after an investigation found that he violated the company’s code of conduct. In a …
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By Sabrina Valle HOUSTON -Exxon Mobil on Tuesday said it would exit Russia oil and gas operations that it has valued at more than $4 billion and halt new investment …
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Financial News
Exxon outlines new cost cutting to drive profit after Russia exit
by Reutersby ReutersBy Sabrina Valle and Shariq Khan -Exxon Mobil Corp on Wednesday said it will further slash expenses and its oil and gas production portfolio to boost returns, but offered no …
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Police Blotter
Three Homicide Suspects Fleeing Washington Arrested by U.S. Marshals in Mohave County
by DOJ Pressby DOJ PressFlagstaff, AZ – On February 7, 2022, U.S. Marshals arrested three suspects for their involvement in a homicide that occurred in Stevens County, Washington in September of 2021. The suspects …
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Financial News
U.S. says airspace ban for Russian airlines to begin at 9 p.m. EST
by Reutersby Reuters– The U.S. Department of Transportation and Federal Aviation Administration said orders blocking Russian aircraft and airlines from entering and using all U.S. airspace take effect at 9 p.m EST …