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Tag:

business

  • Department of Justice Press Releases

    Uncasville Business Owner Sentenced to Prison for Tax Evasion

    by DOJ Press January 31, 2022
    by DOJ Press January 31, 2022

    Leonard C Boyle, United States Attorney for the District of Connecticut, announced that KATHRYN POCOCK, 59, of Uncasville, was sentenced today by U.S. District Judge Jeffrey A. Meyer in New …

  • MIsc. News

    EA taps Microsoft executive as new chief financial officer

    by Reuters January 31, 2022
    by Reuters January 31, 2022

    -Video game publisher Electronic Arts Inc named Microsoft executive Chris Suh as its new chief financial officer on Monday, replacing Blake Jorgensen. Suh is currently serving as corporate vice president …

  • Business NewsMassachusetts NewsUS and World News

    Spice Company CEO That Called Republicans Racist Begs Customers To Buy Gift Cards

    by The Daily Caller January 31, 2022
    by The Daily Caller January 31, 2022

    A national spice retail company that called Republicans racist earlier in January began to ask people to purchase gift cards after the company lost thousands of customers, multiple sources reported. …

  • Business News

    Facebook owner Meta to lift veil off its metaverse business

    by Reuters January 31, 2022
    by Reuters January 31, 2022

    By Elizabeth Culliford – Since October, Facebook has renamed the company, articulated a vision of the internet where people can digitally connect through virtual-reality avatars or teleport to see places …

  • Business News

    Czech billionaire set to accept Aareal takeover offer – source

    by Reuters January 31, 2022
    by Reuters January 31, 2022

    BERLIN – Czech billionaire Daniel Kretinsky is set to accept a takeover offer for Germany’s Aareal Bank from three financial investors, according to a source. The buyout group, which includes …

  • Business NewsFood & DiningNew Jersey NewsOcean County News

    Remembering Toms River’s Old Time Tavern

    by Phil Stilton January 31, 2022
    by Phil Stilton January 31, 2022

    TOMS RIVER, NJ – It’s long gone. It has been replaced with modern amenities, but for those who grew up in Toms River in the 1960s through the early 2000s …

  • Business NewsNew Jersey NewsOcean County News

    Contractors invited to presentation for Toms River Veterans Administration Clinic construction project

    by Phil Stilton January 31, 2022
    by Phil Stilton January 31, 2022

    TOMS RIVER, NJ – Contractors are invited to upcoming presentations to work on the upcoming construction of the U.S. Veterans Affairs Community Based Outpatient Clinic in Toms River. Local Interior …

  • Business News

    France’s Orpea dismisses director general amid mistreatment claims

    by Reuters January 30, 2022
    by Reuters January 30, 2022

    PARIS – The board of French elderly care home group Orpea has dismissed the company’s director general Yves Le Masne, the company said on Sunday amid claims of resident mistreatment …

  • MIsc. News

    Goldman Sachs expecting five rate hikes this year

    by Reuters January 29, 2022
    by Reuters January 29, 2022

    NEW YORK – Goldman Sachs is forecasting that the U.S. Federal Reserve will raise interest rates five times in 2022, versus four previously, with a hike expected in March, according …

  • MIsc. News

    AstraZeneca China summoned over suspected fraud

    by Reuters January 29, 2022
    by Reuters January 29, 2022

    BEIJING -Chinese authorities summoned officials of AstraZeneca China regarding an investigation of suspected medical insurance fraud by the company’s employees, the National Healthcare Security Administration (NHSA) said on Saturday. The …

  • Business NewsNew Jersey News

    U.S. airlines cancel almost 5,000 flights ahead of Nor’easter

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    By Rajesh Kumar Singh CHICAGO – U.S. carriers on Friday canceled thousands of flights through the weekend in anticipation of a winter storm forecast to bring high winds and heavy …

  • Business News

    Activist hedge fund Elliott reveals stake in U.S. utility NiSource

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    – Activist investor Elliott Management disclosed its stake in NiSource on Friday and said it supported the company’s decision to name a new chief executive officer, sending shares in the …

  • Business News

    Canada budget deficit shrinks over first eight months of 2021/22

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    OTTAWA, Jan 28 – Canada recorded a much smaller budget deficit in the first eight months of fiscal 2021/22 compared to the same period a year ago, as the costs …

  • Business News

    Weaker U.S consumer spending, rising inflation pose dilemma for Fed

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    By Lucia Mutikani WASHINGTON – U.S. consumer spending fell in December, suggesting the economy lost speed heading into the new year amid snarled supply chains and raging COVID-19 infections, while …

  • Business News

    Mexico’s economy likely entered recession in fourth quarter: Reuters poll

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    By Miguel Gutierrez and Gabriel Burin MEXICO CITY – Mexico’s economy likely contracted in the last three months of 2021, in what would mark a second straight quarter of negative …

  • Business News

    Disney names Alexia Quadrani to lead investor relations

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    – Walt Disney Co has named Alexia Quadrani, a former analyst for JP Morgan & Chase Co’s media equity research group, as senior vice president of investor relations, reporting to …

  • MIsc. News

    Vans owner slips as production delays, China curbs hit sales forecast

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    By Ananya Mariam Rajesh -Vans shoe maker VF Corp cut its full-year revenue forecast on Friday as it struggles with material shortages, labor issues at factories and slump in sales …

  • Business News

    Italian business leader rejects criticism of call with Putin

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    MILAN – Companies have the right to protect their interests in Russia even at a time of rising tensions, a top Italian CEO said on Friday, rejecting criticism of a …

  • Business News

    De La Rue activist investor calls for sale or break-up of banknote printer – FT

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    – Crystal Amber Fund, one of De La Rue’s largest investors, has called on the British banknote printer to consider a sale or break-up after its profit warning, the Financial …

  • MIsc. News

    Explainer-The regulatory and legal headwinds facing Robinhood

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    By Chris Prentice and Michelle Price WASHINGTON – Robinhood Markets is still facing a number of legal and regulatory threats a year after the retail “meme stock” trading frenzy led …

  • Business NewsFeatured News

    Toyota remains world’s biggest car seller, widens lead on VW

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    TOKYO – Japan’s Toyota Motor Co said on Friday its vehicle sales rose by 10.1% last year, making it the world’s biggest carmaker for a second straight year and putting …

  • Business News

    Autoliv profit tops forecasts

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    STOCKHOLM – Sweden’s Autoliv, the world’s largest producer of airbags and seat belts, reported higher than expected fourth-quarter earnings on Friday and said it expected around 20% organic sales growth …

  • MIsc. News

    Take Five: Hawks hover, doves in danger

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    – Hot on the heels of the Federal Reserve, British, euro area and Australian central banks are lining up to meet next week. The Bank of England is tipped to …

  • Business News

    Dozens of U.S. states say Apple stifles competition; back ‘Fortnite’ maker

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Paresh Dave OAKLAND, Calif. -Apple Inc is stifling competition through its mobile app store, attorneys general for 34 U.S. states and the District of Columbia said on Thursday, as …

  • Business NewsEntertainment News

    America Movil dips on pay TV permit snag, minor impact seen

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Cassandra Garrison MEXICO CITY -Shares of Mexican telecoms giant America Movil fell on Thursday after a regulator scuttled its long-term goal to enter the local pay TV market, raising …

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