BRUSSELS – EU competition regulators on Wednesday approved a 11-billion-euro ($11.58 billion) German scheme to help companies hit by sanctions against Russia, similar to those proposed recently by other EU…
By Ross Kerber (Reuters) – The top U.S. securities regulator on Tuesday told companies they may have to disclose the impact Russia’s invasion of Ukraine could have on their business,…
(Reuters) – Multinationals that announced their exit from Russia, or suspension of activities there, after Moscow’s invasion of Ukraine on Feb. 24 have started to report associated losses. These are…
By Liz Hampton and Arunima Kumar (Reuters) -U.S. shale producers Devon Energy, Diamondback Energy and Coterra Energy on Monday reported sharp increases in profit that beat Wall Street estimates, but…
(Reuters) – Multinationals that announced their exit from Russia, or suspension of activities there, after Moscow’s invasion of Ukraine on Feb. 24 have started to report associated losses. These are…
SHANGHAI – China’s banking and insurance regulator on Friday published draft rules regulating internal control and management at wealth management companies. Such rules included that wealth management companies should not…
By Liz Hampton, Stephanie Kelly and Nia Williams (Reuters) – When Jeremy Davis was laid off from his oilfield job in Texas in 2020, he did not want to leave…
Democratic Senator Says Biden Admin Shouldn’t Investigate Chinese Companies Over Alleged Tariff Violations Thomas Catenacci on April 27, 2022 Democratic Nevada Sen. Jacky Rosen criticized the Biden administration for investigating…
NEW ORLEANS, LOUISIANA – United States Attorney Duane A. Evans announced today that DONISESHA LEE, a/k/a DONISHA LEE (“DONISHA LEE”), age 32, of Harvey, Louisiana, was sentenced today for Conspiracy…
BERLIN – Around 40% of German companies are already feeling the impact of rising energy prices and almost half want to reduce investments due to rising energy costs, a survey…
LOS ANGELES – A federal grand jury today indicted the former CEO of a Los Angeles-based digital media company on charges that allege he created a series of companies…
LAS VEGAS – The owners of two behavioral health companies in Las Vegas were sentenced yesterday to three years’ probation for their roles in defrauding the Medicaid health care benefit…
NEW ORLEANS, LOUISIANA – United States Attorney Duane A. Evans announced today that CHANDRIKA BROWN (“BROWN”), age 31, and AISHA THOMPSON (“THOMPSON“), age 44, both of New Orleans, Louisiana, were…
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(Reuters) – The Russian central bank said on Tuesday it had decided to ease forex currency control measures for Russian export-focused companies outside the commodities and energy sectors. The mandatory…
(Reuters) – Companies that are registered in Russia and have depositary receipts traded on foreign bourses must revoke them by May 5, the central bank said on Tuesday. Russian President…
SACRAMENTO, Calif. — A 10-count indictment was unsealed today against Suneet Singal, 43, of El Dorado Hills, charging him with wire fraud and mail fraud, U.S. Attorney Phillip A. Talbert…
Denver – The U.S. Attorney’s Office for the District of Colorado announces that Pro Diesel Inc. and Endrizzi Diesel, LLC. pleaded guilty to conspiring with a Colorado-based diesel shop to…
By Timothy Aeppel (Reuters) – Through most of the pandemic, Kent International, Inc couldn’t import enough Chinese-made bicycles to supply Walmart Inc and its other big U.S. retail customers. But…
LOS ANGELES – Six Southern California companies today were ordered to pay $1.83 billion in restitution for participating in a conspiracy to defraud the United States through a scheme in…
(Reuters) – The European Commission on Thursday approved a French scheme to provide up to 155 billion euros ($169 billion) in liquidity support to companies hit by the economic impact…
Democrat Who Proposed Fracking Ban Says Energy Companies Aren’t Producing Enough Thomas Catenacci on April 6, 2022 Democratic Illinois Rep. Jan Schakowsky accused Big Oil companies of not producing enough…
By Sinead Cruise and Carolina Mandl NEW YORK – JPMorgan & Chase on Tuesday started to allow holders of depositary receipts in Russian companies to cancel them, two sources familiar…
By Simon Jessop LONDON – Thirty-four investors managing more than $7 trillion in assets have warned 17 of Europe’s largest companies, including BP and Volkswagen, that they could challenge board…
LOS ANGELES – The Biden administration announced on Friday a new round of export restrictions against Russia and Belarus, adding 120 entities, mostly companies with links to the military, to…