business

BERLIN – Volkswagen’s Audi has filed a lawsuit in a Munich court against Chinese electric vehicle maker Nio over an alleged infringement of Audi’s trademark rights, German newspaper Handelsblatt reported …

By Jeslyn Lerh SINGAPORE – Global port congestion is set to continue until at least early 2023 and keep spot freight rates elevated, logistics executives said on Wednesday, urging charterers …

Biden Threatens Oil Companies For Not Refining More Gasoline — There’s Just One Problem Thomas Catenacci on June 15, 2022 UPDATE: This article has been updated to include comments from …

(Reuters) – Russian First Deputy Prime Minister Andrei Belousov says the rouble is overvalued and industry would be more comfortable if it fell to between 70 to 80 against the …

RALEIGH, N.C. – Emmanuel Wesner Jean, owner of Jean Tax Services (JTS), a tax preparation business located in Lumberton, N.C., was arrested today on charges of tax fraud. In the …

PHILADELPHIA – United States Attorney Jennifer Arbittier Williams announced that Samuel Bullock, 72, of Langhorne, PA, was sentenced to two and a half years in prison, one year of supervised …

Vanessa Roberts Avery, United States Attorney for the District of Connecticut, and David Sundberg, Special Agent in Charge of the New Haven Division of the Federal Bureau of Investigation, today …

By Giuseppe Fonte and Valentina Za ROME – Italy expects to reach an informal agreement with European Union authorities soon over new restructuring goals for Monte dei Paschi di Siena …

WASHINGTON – U.S. business inventories increased strongly in April amid a moderation in sales, government data showed on Wednesday. Business inventories rose 1.2% after advancing 2.4% in March, the Commerce …

WASHINGTON – Confidence among U.S. single-family homebuilders dropped to a two-year low in June as high inflation and rising mortgage rates reduced affordability for entry-level and first-time buyers, a survey …

LONDON – Switzerland’s second-largest bank Credit Suisse has hired two managing directors from JP Morgan and BNP Paribas to reinforce its UK investment banking and capital markets team. Jasper Reiser …

NEW DELHI – India’s May trade deficit widened to $24.29 billion from $6.53 billion a year ago, a government statement said on Wednesday. May’s trade deficit was pushed up by …

By Mike Dolan LONDON – If the U.S. Federal Reserve’s plans are changing week to week, then the concept of “forward guidance” as a policy tool has been well and …

BRICK TOWNSHIP, NJ – Days after it was announced that the landlord of Corrado’s Market in Brick had evicted the company from its premises, the sign at the highly anticipated …

(Reuters) – Crypto lender Celsius Network LLC has hired restructuring attorneys from law firm Akin Gump Strauss Hauer & Feld LLP to advise on possible solutions for its mounting financial …

By Steve Scherer OTTAWA – Canada’s minister of natural resources on Tuesday said U.S. Senator Joe Manchin, a key Democrat, would likely block the passage of tax credits that favor …

Biden Admin Opens Another Front In Its War On Elon Musk’s Business Empire Thomas Catenacci on June 14, 2022 The Biden administration issued its latest decision impacting an Elon Musk …

Ex-FBI Official Who Oversaw Clinton and Trump Probes Had Unauthorized ‘Media Contacts,’ DOJ Says Gabe Kaminsky on June 14, 2022 An FBI official who retired in 2017 violated bureau policy …

OVERTON: Radical Abortion Policies Do Not ‘Follow the Science,’ Or The American Conscience Heidi Overton on June 14, 2022 The Left goes on and on about “Follow the Science” except …

(Reuters) – The U.S. Securities and Exchange Commission said on Tuesday it charged the city of Rochester, New York, and its former executives and an adviser with misleading investors in …

COLOMBO – Representatives from heavyweight financial and legal advisers Lazard and Clifford Chance arrived in Sri Lanka to kick off the restructuring of over $12 billion in debt, the island …

Manuel Pozo Perelló, president of Induban, explained that the expansion, made at the request of Goya, will add the presence of Café Santo Domingo to the southeastern region of the …

WASHINGTON, June 14, 2022 — According to the Indiana Mesothelioma Victims Center, “We have just endorsed the remarkable legal team at the law firm of Danziger & De Llano to ensure a person …

 PITTSBURGH, June 14, 2022 — According to the Pennsylvania US Navy Veterans Mesothelioma Advocate, “We are part of the nation’s leading advocate for a Navy Veteran with recently diagnosed mesothelioma in …

WASHINGTON, June 14, 2022 — According to the Mesothelioma Compensation Center, “We are the top branded source on the Internet for a current or former power plant worker anywhere in the …