TALLAHASSEE, FLORIDA – A federal grand jury has returned a one-count indictment charging Phillip Timothy Howard, 61, of Tallahassee, Florida, with racketeering (RICO). The indictment was announced by Jason R.…
By Dietrich Knauth (Reuters) – 2022 has been a rough year for the crypto industry. The price of bitcoin has dropped 65% since the start of the year, the cryptocurrency…
BERLIN (Reuters) – Companies in Germany, Europe’s largest economy, are looking to hire more staff, with a particular rise in demand in the service sector, the Ifo economic institute said…
By Simon Jessop LONDON (Reuters) – More than 220 investors managing $30 trillion have signed up to a plan to push companies over social issues and human rights, with an…
LONDON (Reuters) – FTX’s venture capital arm has assets that could be worth investing in, but since the failed crypto exchange has entered Chapter 11 bankruptcy proceedings the process could…
LOS ANGELES – The owner of several Inland Empire-based trucking companies was sentenced today to 120 months in federal prison for ordering the illegal repair of a tanker that…
BERLIN (Reuters) – German Chancellor Olaf Scholz said the number of German companies that have ignored the risks of depending too heavily on the Chinese market was remarkable and stressed…
By Brendan Pierson (Reuters) – The sprawling, five-year-long litigation over the U.S. opioid crisis appears to be entering its final phase with finalized agreements by Teva Pharmaceutical Industries Ltd and…
By Valentine Hilaire MEXICO CITY (Reuters) – Mexican companies are spinning off sports, gambling and cell-tower businesses in a bid to revive depressed stock prices, with more such deals likely…
By Chiara Elisei LONDON (Reuters) – European companies are again looking to sell bonds after months of turbulence in world markets as investors warm up to riskier debt, offering the…
By Juliette Portala (Reuters) – The outlook for credit conditions next year for non-financial companies in Europe, Middle East and Africa is negative, credit rating agency Moody’s said on Monday,…
PORTLAND, Ore.—The former owner and general manager of dump truck hauling and concrete companies based in Damascus, Oregon pleaded guilty today to willfully failing to pay employment taxes despite withholding…
Big Tech Execs Overestimated Their Companies’ Strength. Now Workers Have To Foot The Bill John Hugh DeMastri on November 12, 2022 Executives across the tech industry overestimated the sector’s resilience…
By Lucy Raitano LONDON (Reuters) – European companies have delivered positive surprises this earnings season but profit growth could dry up in a matter of months as high inflation and…
Pfizer And General Mills Among Companies Suspending Twitter Ads After Musk Takeover: REPORT John Hugh DeMastri on November 3, 2022 Pharmaceutical firm Pfizer and food manufacturer General Mills are joining…
By Huw Jones LONDON (Reuters) – Companies fail to reveal if meetings with shareholders alter their behaviour, such as in setting pay for top executives, Britain’s corporate governance regulator said…
Biden To Call For Windfall Tax On Energy Companies Days Before Midterms: REPORT Jack McEvoy on October 31, 2022 President Joe Biden will propose taxing energy companies’ profits as the…
Biden Threatens To Tax Oil Companies’ ‘Excess’ Profits Unless They Stop ‘War Profiteering’ Jack McEvoy on October 31, 2022 President Joe Biden declared Monday that he would work with Congress…
BERLIN (Reuters) – Far fewer German businesses feel their survival is at risk now than at the height of the COVID-19 pandemic, a survey by economic institute Ifo showed on…
BERLIN (Reuters) – German trade union IG Metal Kueste said it has called on several thousand workers to strike on Tuesday at 15 sites, including Airbus in Hamburg. The warning…
LONDON (Reuters) – British businesses think the gloom hanging over their prospects will persist in the coming months, according to an industry survey published on Sunday. The Confederation of British…
MOSCOW (Reuters) – The Kremlin on Wednesday said that assets in the four Ukrainian regions that Russia said it had annexed last month may in future be transferred to Russian…
By Echo Wang NEW YORK (Reuters) – Nasdaq Inc has put the brakes on initial public offering (IPO) preparations of at least four small Chinese companies while it investigates short-lived…
SEOUL (Reuters) – South Korea may ease some of the liquidity requirement rules on financial companies as there are some signs of stress in the short-term money market, the head…
By Stanley Widianto and Stefanno Sulaiman JAKARTA (Reuters) – Indonesia will offer generous incentives, including a 30-year tax break, for companies investing in a $32 billion project to build a…