New Jersey CEO pleads guilty to $212 million investor fraud scheme tied to healthcare company
NEWARK, N.J. – The former CEO of a publicly traded healthcare services firm pleaded guilty to conspiracy to commit securities fraud in a scheme that defrauded investors out of hundreds of millions…
Rolls-Royce says CEO did not suggest Raytheon aimed to spin off P&W
FARNBOROUGH, England – Rolls-Royce on Wednesday said its chief executive had not speculated that Raytheon Technologies might spin off rival engine maker Pratt & Whitney (P&W), rejecting a report published by an…
Explosives maker Incitec Pivot’s CEO says no signs of U.S. recession
MELBOURNE – There are no signs of a recession in the United States right now, the head of major explosives producer Incitec Pivot said at an event in Melbourne on Wednesday. Incitec…
GlobalFoundries CEO: New York chip factory likely delayed if U.S. subsidy bill fails
By Stephen Nellis and Jane Lanhee Lee (Reuters) – A planned semiconductor factory in upstate New York will likely be delayed if a bill to bolster the U.S. computer chip industry fails…
Starbucks CEO Says America is Unsafe as it Continues to Shut Down Stores in Democrat-run Cities
After Dunkin Donuts, Starbucks is the second most popular coffee chain operating in New Jersey, but this week, the company’s CEO warned of more closures in crime-infected areas of the country under…
EasyJet CEO: We’ve stabilised operations but melting runways don’t help
FARNBOROUGH, England – The chief executive of EasyJet said the low-cost airline had stabilised it flight operations after cutting its summer schedule last month, but melting runways and air traffic control (ATC)…
Brazil’s Simpar plans to enter US and European markets, says CEO
By Aluisio Alves SAO PAULO – Simpar, a holding firm for Brazilian logistics companies Movida, JSL and Vamos, is preparing to expand into the United States and European markets in a bid…
More details in coming weeks on Porsche IPO, CEO says
BERLIN – Volkswagen-owned Porsche will be able to go into more detail in coming weeks on what its agreement with Volkswagen for the structure of a partial listing will look like, Chief…
Buffett-backed Nubank growing faster than expected in Mexico -CEO
By Tatiana Bautzer SAO PAULO – Nubank, Latin America’s largest fintech, is growing faster than expected in Mexico, Chief Executive David Velez said in an interview. “We thought it would be hard…
Canada’s Rogers CEO vows investments to avoid repeat of massive outage
(Reuters) – Rogers Communications Inc has pledged to make the investments needed to avoid massive outages of the kind that crippled customer communications across Canada last week. The Canadian telecom operator will…
Gap CEO exit opens door for spin-off talks again
(Reuters) – The abrupt exit of Gap Inc’s chief executive on the back of falling sales and shrinking margins will likely push the struggling apparel retailer to sell one or more of…
CEO of Dozens of Companies and Entities Charged in Scheme to Traffic an Estimated $1 Billion in Fraudulent and Counterfeit Cisco Networking Equipment
NEWARK, N.J. – A federal grand jury has indicted a Florida man for allegedly orchestrating a scheme over many years to traffic in counterfeit Cisco networking equipment with an estimated retail value…
CEO of Raleigh Healthcare Company Pleads Guilty to Multi-Million Dollar Healthcare Fraud
RALEIGH, N.C. – A Raleigh woman pleaded guilty today to Healthcare Fraud. According to the Criminal Information and evidence summarized in Court, Tanya Parrish Grant, 51, of Raleigh, pled guilty to a…
UniCredit CEO Orcel takes direct charge of Italian business – memo
MILAN – UniCredit CEO Andrea Orcel has taken direct responsibility for running the Italian bank’s domestic business after the board decided to remove the country’s head Niccolo Ubertalli, an internal document showed.…
CURE Auto Insurance Celebrates One Year in Michigan – Saving More Than 30,000 Drivers Millions of Dollars Says CEO Poe, “Proof The Reforms Are Working”
“For all the naysayers, our numbers and more importantly, our insureds, tell a different story,” says Eric S. Poe, Esq., CPA, CEO of CURE. “The reforms really are working and working well.”…
CURE Celebrates One Year in Michigan – Saving More Than 30,000 Drivers Millions of Dollars Says CEO Poe, “Proof The Reforms Are Working”
“For all the naysayers, our numbers and more importantly, our insureds, tell a different story,” says Eric S. Poe, Esq., CPA, CEO of CURE. “The reforms really are working and working well.”…
Lockerbie and Co.’s CEO, Stephanie Lokker, Named to ROI-NJ’s INFLUENCERS: DIVERSITY & INCLUSION
“I would like to thank the editorial board at ROI-NJ for this distinguished recognition,” said Stephanie Lokker, CEO of Lockerbie and Co. “At Lockerbie, we’re all about ensuring sustainability of our solutions.…
Exclusive-Meta CEO Zuckerberg: engineering hiring target for 2022 reduced to around 6,000-7,000 -employee Q&A
By Katie Paul (Reuters) – Meta Platforms has reduced its target for hiring engineers in 2022 to around 6,000-7,000, down from an initial plan to hire about 10,000 new engineers, Chief Executive…
Volkswagen CEO says German economy needs China – Spiegel
BERLIN – Inflation would spiral even further in Germany if it weren’t for business with China, Volkswagen Chief Executive Herbert Diess said in a media interview published on Thursday. “Germany would look…
Aerojet investors poised to back CEO in board challenge from exec chair
By Svea Herbst-Bayliss BOSTON – Aerojet Rocketdyne shareholders are poised to elect a group of directors headed by the company’s chief executive in a bitterly fought election where the company’s executive chairman…
CEO of Brazil’s Caixa under investigation for sexual harassment -local media
SAO PAULO – The chief executive of Brazil’s state lender Caixa Economica Federal, Pedro Guimaraes, is being investigated by the federal prosecutor’s office for sexual harassment, local news website Metropoles reported on…
Easing chip shortages to help Volkswagen in H2 – CEO
BERLIN – Volkswagen sees a strong second half of 2022 and expects progress in catching up with rival Tesla as easing chip shortages start to offset supply chain bottlenecks and rising costs,…
Mining firms poised to lead capital raisings in Canada, TSX CEO says
By Divya Rajagopal TORONTO – Mining companies seeking to accelerate exploration of scarce critical minerals are set to lead capital raisings in Canada this year, the chief executive officer of the Toronto…
Brazil’s Petrobras elects new CEO as fuel price pressures mount
By Rodrigo Viga Gaier and Rafaella Barros RIO DE JANEIRO – The board of directors of Brazil’s Petrobras elected Caio Paes de Andrade as its new chief executive on Monday, as a…
Former CEO of Drug Manufacturing Company Pleads Guilty to Conspiring to Defraud the FDA and Distributing Adulterated Drugs
Miami, Florida – Raidel Figueroa, the former CEO and co-owner of Pharmatech, LLC, a drug and dietary supplement manufacturer that operated in Broward County, Florida, pled guilty to conspiring to defraud the…
E.ON’s CEO says Germany should boost domestic gas production
BERLIN – Germany should explore all options to increase domestic natural gas output including fracking, the chief executive of German energy provider E.ON’s said, as Berlin triggered the “alarm stage” of its…
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