TOMS RIVER, NJ – When Gregory Dooner and Vincent Scuzzese opened their new business on Route 37 in Toms River, they knew some people in the community wouldn’t be happy …
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By Chris Peters -Sycamore Partners is in the early stage of making a possible cash offer for fashion retailer Ted Baker, the private equity firm said on Friday, in the …
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Chain Saw Chain and Blade Importer to Pay Over $500,000 to Resolve False Claims Act Allegations
by DOJ PressTriLink Saw Chain, LLC, and TriLink Global, LLC (TriLink), nationwide importers of chain saw chains and blades manufactured in China and intended for sale in the United States, have agreed …
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JACKSON, NJ – Jackson Township is one of New Jersey’s largest towns by size, around 100 or so square miles, and might also hold the record for most pizzerias per …
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By David Shepardson WASHINGTON – The White House on Tuesday unveiled a new pilot effort to help clear supply chain bottlenecks at congested U.S. ports by getting truckers, shippers, wholesalers, …
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New US Solar Panel Installations Set To Crater Thanks To Inflation, Supply Chain Issues Thomas Catenacci on March 10, 2022 Solar panel installations are set to decrease in 2022 off …
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Chain Of Tornadoes Rips Through Iowa, Kills Seven People Harry Wilmerding on March 7, 2022 A series of tornadoes ripped through Iowa on Saturday, killing seven people, CNN reported. The …
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MILAN, Mar 3 – Ferrari does not see any impact on its supply chain as a consequence of Russia’s invasion of Ukraine, a spokesman for the Italian luxury carmaker told …
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– Russian President Vladimir Putin said at the weekend that his nation’s nuclear forces should be put on high alert, raising fears that Russia’s invasion of Ukraine could lead to …
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BEIJING – China’s Haidilao, which operates a chain of hotpot restaurants, said its billionaire founder Zhang Yong has stepped down as CEO and will shift his focus to long-term strategy …
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By Timothy Aeppel – Dave Petratis boosted wages for his U.S. factory workforce in December – six months ahead of schedule for normal annual increases. It wasn’t enough. The CEO …
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Shipping Giant Expeditors Forced To Shut Down Operations After Cyber Attack Ailan Evans on February 23, 2022 Shipping and logistics giant Expeditors was hit by a cyber attack over the …
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LG Abandons Solar Panel Business Amid Supply Chain Issues, High Costs Thomas Catenacci on February 23, 2022 South Korean technology company LG Electronics announced Wednesday that it would abandon its …
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– Brazil hospital chain Rede D’or SA acquired insurer Sulamerica Seguros in a share swap deal, according to a report on Wednesday from local newspaper O Globo. The report said …
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WASHINGTON, D.C. – Vice President Kamala Harris is warning Americans to brace for even higher energy costs as the crisis between Ukraine and Russia continue into the spring. Last week, …
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There is a Freedom Convoy starting this weekend by truckers facing harsh restrictions in California and the rest of the United States. In the spirit of the trucker’s convoy that …
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LOS ANGELES – There are plans for a series of truck convoys to arrive in Washington D.C. around the time of the State of the Union address to be given …
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– Roku Inc reported quarterly revenue on Thursday that missed estimates, as the company was hit by supply chain issues that affected sales of television sets and its own streaming …
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By Belén Carreño MADRID – Exports of Spanish goods soared 21.2% last year to surpass pre-pandemic levels despite global supply chain problems and the impact of Brexit, although Spain’s trade …
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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 …
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By 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 – 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” …
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Customs Broker Arrested on Federal Indictment Alleging Tax Evasion and Scheme to Defraud Japanese Retail Chain Out of $3.4 Million
by DOJ PressSANTA ANA, California – A customs broker was arrested today on a federal grand jury indictment charging him with evading the payment of $1.5 million in taxes and engaging …
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By Christoph Steitz and Tom Käckenhoff FRANKFURT – Thyssenkrupp said on Thursday that operating profit rose nearly fivefold in its first quarter, as its two biggest divisions – steel and …
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Republican Texas Sen. Ted Cruz said Sunday he was demanding the Federal Trade Commission (FTC) investigate crowdfunding site GoFundMe after it shut down a fundraiser supporting truckers protesting Canadian COVID-19 …