A woman who donated to the Freedom Convoy, a group of truckers and individuals protesting Canada’s vaccine mandates and COVID-19 restrictions, was forced to close her gelato store after her …
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Biden Administration Defies Court Ruling Again, Opts Against Holding Oil Drilling Sales
The Biden administration missed another deadline to hold quarterly onshore oil drilling lease sales after a federal court ruled it was legally required to do so. The Department of the …
- Business NewsUS and World News
Consumer Spending Surged In January As Inflation Reached Near 40-Year High
Consumer spending surged in January amid soaring inflation, the Commerce Department announced Wednesday. Retail sales grew 3.8% in January, far exceeding the 2.1% Dow Jones estimate, the Commerce Department announced …
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New bill could allow retired bus drivers to easily get back behind the wheel to address shortage
by Your Newsby Your Newsby Bethanne McCarthy Patrick TRENTON, N.J. – As schools struggle to find bus drivers who can safely transport kids and custodians who can sanitize classrooms, Assemblywoman Bethanne McCarthy Patrick eyes an …
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Kraft Heinz plans more price hikes as sales, earnings beat estimates
by Reutersby ReutersBy Deborah Mary Sophia and Mehr Bedi -Kraft Heinz Co said on Wednesday it would raise the prices of its snacks and condiments further to counter soaring costs of raw …
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WASHINGTON – U.S. business inventories increased strongly in December, with motor vehicle stocks accelerating, a sign that the worst of the global semiconductor shortage was probably behind. Business inventories increased …
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Construction industry groups oppose Biden’s executive order in letter to White House
by Reutersby ReutersWASHINGTON – Sixteen groups representing the U.S. construction industry sent a letter to the White House opposing a recent executive order signed by President Joe Biden requiring “project labor agreements” …
- Department of Justice Press Releases
Mexican Businessman Admits to Brokering Spyware Used to Monitor Political and Business Rivals
by DOJ Pressby DOJ PressAssistant U. S. Attorney Sabrina L. Fève (619) 546-6786 NEWS RELEASE SUMMARY – February 15, 2022 SAN DIEGO – Mexican businessman Carlos Guerrero pleaded guilty in federal court today, admitting …
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By Mathieu Rosemain PARIS – France is grouping the country’s top cybersecurity experts in Paris’ business district of La Defense, bringing together startups and household names to tackle the scourge …
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PHILADELPHIA, PA – The Department of Homeland Security (DHS), Office of Intelligence and Analysis, is hosting a virtual Corporate Security Engagement Series seminar on 02/17/2022 from 9:00 a.m. to 3:00 …
- Financial News
France can afford to cut business tax by 10-15 billion euros – minister
by Reutersby ReutersPARIS – France can only afford to cut business tax by another 10 billion to 15 billion euros without putting its public deficit reduction plans at risk, Finance Minister Bruno …
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Toms River UFC champ Frankie Edgar to attend grand opening of UFC Gym
by Phil Stiltonby Phil StiltonTOMS RIVER, NJ – The first major brand extension of UFC, announced that the company will open its first UFC FIT in the northeast in Wayne, N.J. on Saturday, Feb. 19. Former UFC Lightweight …
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Musk donated over $5.7 billion in Tesla shares to charity in Nov
by Reutersby ReutersBy Hyunjoo Jin SAN FRANCISCO -Tesla chief executive Elon Musk donated a total of 5,044,000 shares in the world’s most valuable automaker to a charity from Nov. 19 to Nov. …
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WASHINGTON -The Texas attorney general’s office sued Meta’s Facebook on Monday, alleging that the social media giant violated state privacy protections with facial-recognition technology that collected the biometric data of …
- Business News
Oil hits 7-yr highs as market fears Russian attack on Ukraine imminent
by Reutersby ReutersBy Stephanie Kelly NEW YORK – Oil prices surged over 2% on Monday to their highest in more than seven years as Ukraine’s president declared a “day of unity” for …
- US and World News
Zelenskiy urges Ukrainian politicians and business leaders who fled country to return
by Reutersby ReutersKYIV – Ukraine President Volodymyr Zelenskiy on Monday urged state officials, politicians, and business leaders who have recently left the country to return to Ukraine within 24 hours to show …
- MIsc. News
Price increases to help Michelin exceed pre-pandemic profits this year
by Reutersby ReutersPARIS – Michelin expects this year’s profits to exceed pre-pandemic levels, the French tyre maker said on Monday, as it posted better-than-expected 2021 results helped by volume and price increases …
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Toyota’s Ontario plants remain closed after trucker protests
by Reutersby ReutersBy David Shepardson WASHINGTON -Toyota Motor Corp said Monday it has not yet resumed production at its three manufacturing lines in Ontario even after a key U.S.-Canadian bridge reopened. The …
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By John McCrank NEW YORK -Investors are bracing for more gyrations in bitcoin and other cryptocurrencies, as worries over a hawkish Federal Reserve threaten to squelch risk appetite across markets. …
- Business News
Private equity firm CD&R offers to buy rest of Cornerstone Building Brands
by Reutersby Reuters– Cornerstone Building Brands Inc said on Monday that private equity group Clayton, Dubilier & Rice (CD&R) had proposed to acquire the rest of the building products maker for $24.65 …
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DETROIT – Ford Motor Co said on Monday it will continue idling some of its assembly plants in the week of Feb. 14 due to the global semiconductor shortage. The …
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TAIPEI – Taiwan’s Foxconn said on Monday it had partnered with Indian conglomerate Vedanta Ltd to make semiconductors in the South Asian country, as the electronics giant looks to diversify …
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SINGAPORE – HSBC said on Monday it has appointed Luanne Lim as the chief executive officer of its Hong Kong business, its biggest market, as the Asia-focussed bank looks to …
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The Biden administration will invest nearly $3 billion to fund domestic battery manufacturing projects in the coming months, the Department of Energy announced Friday. The federal government issued two notices …
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Waitress paid $100k by South Jersey town to settle cop groping lawsuit
BRIDGETON, NJ – In the deep south of New Jersey lies a small town called Bridgeton, population 25,000. In 2016, a waitress from a Bridgeton restaurant claimed a city cop, …