Microsoft said Monday it had helped Ukraine defend against a likely Russian cyberattack immediately preceding Russia’s invasion of the country. “Several hours before the launch of missiles or movement of …
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Financial News
China buys more Iranian oil now than it did before sanctions, data shows
by Reutersby ReutersBy Chen Aizhu and Alex Lawler SINGAPORE/LONDON -China’s purchases of Iranian oil have risen to record levels in recent months, exceeding a 2017 peak when the trade was not subject …
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Breaking NewsUS and World News
After Losing Homes To A Massive Wildfire, Colorado Residents Are Slammed By Cost Of ‘Green’ Building Codes
Victims of a massive December wildfire in Colorado may face massive price increases when rebuilding their homes due to new environmental building standards, the Associated Press reported Tuesday. Entire neighborhoods …
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– Exxon Mobil Corp said on Tuesday it is starting a process to discontinue operations and developing steps to exit the Sakhalin-1 venture in Russia. The company said it would …
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CALAIS, ME – U.S. Customs and Border Protection (CBP) will be reducing the hours of operations for the Milltown Port of Entry (POE) from 6 a.m. – 6 p.m. to 8 …
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Department of Justice Press Releases
Tacoma woman sentenced to 5 years in prison for arson at downtown Seattle protest
by DOJ Pressby DOJ PressSeattle –A 26-year-old Tacoma, Washington, woman was sentenced today in U.S. District Court in Seattle to 5 years in prison for arson for burning five Seattle P0lice vehicles parked around …
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Department of Justice Press Releases
Owner of car dealership pleads guilty to defrauding financing company
by DOJ Pressby DOJ PressATLANTA – Muneeb Syed, a/k/a Ed Syed, has pleaded guilty to charges that he fraudulently obtained auto financing in connection with his used car businesses. “We expect businesses to operate …
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Department of Justice Press Releases
CEO Of Payment Protection Program Lender MBE Capital Arrested In Connection With Fraudulent Loan And Lender Applications
by DOJ Pressby DOJ PressDamian Williams, the United States Attorney for the Southern District of New York, Thomas Fattorusso, Special Agent-in-Charge of the New York Field Office of the Internal Revenue Service, Criminal Investigation …
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Department of Justice Press Releases
Statesville Man Who Robbed Two Convenience Stores On The Same Day At Gunpoint Is Sentenced To More Than 11 Years In Prison
by DOJ Pressby DOJ PressCHARLOTTE, N.C. – Today, U.S. District Judge Kenneth D. Bell sentenced Anthony Dwayne Turner Jr., 23, of Statesville, N.C. to 135 months in prison and three years of supervised release …
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By Devik Jain and Noel Randewich – Wall Street ended sharply lower on Tuesday, with financial stocks bearing much of the damage for a second straight day as the Russia-Ukraine …
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Financial News
EU Council agrees on sanctions to exclude some Russian banks from SWIFT system
by Reutersby ReutersPARIS – The Council of the European Union voted on Tuesday on sanctions to exclude some Russian banks from the SWIFT system, according to the official Twitter account of the …
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HOUSTON – A former refinery worker was installed on Tuesday as the director of the United Steelworkers union (USW) district that includes Texas, Louisiana, Arkansas and Oklahoma. Larry Burchfield, 52, …
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Financial News
ECB orders European arm of Russia’s Sberbank closed, Austria’s FMA says
by Reutersby ReutersBy Francois Murphy and Daria Sito-Sucic VIENNA/SARAJEVO – The European arm of Sberbank, Russia’s biggest lender, has been closed by order of the European Central Bank, which had warned it …
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Financial News
‘Spider-Man’ saves the day, theater chain AMC beats revenue estimates
by Reutersby ReutersBy Chavi Mehta -AMC Entertainment Holdings Inc beat estimates for fourth-quarter revenue on Tuesday as box-office hits such as “Spider-Man: No Way Home” brought people back to the movies. Long-awaited …
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Financial News
Australia’s Core Lithium enters into supply deal with Tesla, shares jump
by Reutersby Reuters– Australia’s Core Lithium Ltd on Wednesday entered into an agreement with Tesla Inc to supply the U.S. electric car maker with lithium spodumene, sending its shares up 13% in …
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LONDON – Trading volumes in Russian bonds evaporated on Monday after Western nations stepped up sanctions in the wake of Moscow’s invasion of Ukraine, data from trading platform Marketaxess showed …
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Financial News
Russia seeks to halt investor stampede as sanctions hammer economy
by Reutersby ReutersBy Carolyn Cohn and Lawrence White LONDON -Russia said on Tuesday it was placing temporary restrictions on foreigners seeking to exit Russia assets, as it tried to stem an investor …
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-Salesforce.com Inc on Tuesday reported quarterly revenue and profit above Wall Street estimates, as a pandemic-led shift to hybrid work kept up the strong demand for its cloud-based software, sending …
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By Christian Kraemer and Chris Gallagher BERLIN/WASHINGTON -The Group of Seven major economies will convene a task force to focus on freezing and seizing assets of key Russian elites as …
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Financial News
Visa, Mastercard block Russian financial institutions after sanctions
by Reutersby ReutersBy Maria Ponnezhath -U.S. payment card firms Visa Inc and Mastercard Inc have blocked multiple Russian financial institutions from their network, complying with government sanctions imposed over Moscow’s invasion of …
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Financial News
Apollo CEO says Ukraine conflict could weigh on interest rate rises
by Reutersby ReutersBy Chibuike Oguh – Apollo Global Management Inc Chief Executive Marc Rowan said on Tuesday that Russia’s invasion of Ukraine could temper interest rate rises by central banks and that …
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Financial News
Workers at Mexico border auto parts plant oust powerful union, eying ripple effect
by Reutersby ReutersBy Daina Beth Solomon MEXICO CITY – An overwhelming vote by workers at a northern Mexican factory to elect an independent union, defeating an entrenched labor group, could presage more …
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US and World News
Sport-Russian and Belarusian athletes banned, tennis players avoid tour exclusion
by Reutersby Reuters-World Athletics on Tuesday joined a growing list of sporting bodies to ban Russian and Belarusian athletes, while tennis’s governing bodies barred players from competing under the name or flag …
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US and World News
Ukrainian cyber resistance group targets Russian power grid, railways
by Reutersby ReutersBy Joel Schectman, Christopher Bing and James Pearson WASHINGTON -A Ukrainian cyber guerrilla warfare group plans to launch digital sabotage attacks against critical Russian infrastructure such as railways and the …
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Financial News
U.S. lawmakers seek answers on ‘troubling’ drug price increases
by Reutersby ReutersBy Diane Bartz WASHINGTON – Senators Elizabeth Warren and Amy Klobuchar and 11 other U.S. lawmakers pressed the president of the biggest pharmaceutical industry trade group Tuesday about what they …