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‘He Has The Political Mandate’: Companies Scramble To Respond To Trump’s ‘Beautiful’ Tariff Hikes
Companies are scrambling to respond to President-elect Donald Trump’s “beautiful” tariff proposals that his administration may seek to enact early in his second term. Proactive steps that companies are taking to evade…
German companies look at offshore production as energy prices rocket
By Riham Alkousaa, John O’Donnell and Patricia Weiss BERLIN (Reuters) – Germany’s 200 billion euro ($197 billion) energy aid package will provide limited relief for businesses and is unlikely to dissuade companies…
Companies lack targets for employee mental health, study shows
By Juliette Portala (Reuters) – Only three companies out of 20 have published objectives for employee mental health management, a study from British charity investment manager CCLA revealed on Monday, despite “clear…
Here Are All The Companies Fleeing Crime-Infested Chicago
Here Are All The Companies Fleeing Crime-Infested Chicago Laurel Duggan on October 6, 2022 CORRECTION: A previous version of this story mistakenly referred to the hedge fund Citadel as Citadel Securities.…
More German companies plan to raise prices – Ifo
BERLIN (Reuters) – An increasing number of German companies are planning to raise their prices, the Ifo economic institute said on Wednesday, adding that this likely meant inflation was not about to…
U.S. says oil companies ‘must do more’ to build domestic fuel levels
By Arathy Somasekhar HOUSTON (Reuters) – U.S. fuel supplies are “unacceptably” at or near 5-year lows amid hurricane threats and the oil industry must do more to address prices and demand, a…
Biden Threatens To Investigate Oil Companies If They Raise Gas Prices During Hurricane Ian
Biden Threatens To Investigate Oil Companies If They Raise Gas Prices During Hurricane Ian Jack McEvoy on September 28, 2022 President Joe Biden said during a speech on Wednesday that he…
Oklahoma City Companies and Owner Pay Nearly $2 Million for Used Oil Processing, Transportation, and Storage Violations
OKLAHOMA CITY – January Environmental Services, Inc., January Transport, Inc. and company-owner Cris January (collectively Defendants) will pay civil penalties of $1.9 million and perform comprehensive corrective measures to resolve allegations that they…
Oklahoma City Companies and Owner Pay Nearly $2 Million for Used Oil Processing, Transportation, and Storage Violations
OKLAHOMA CITY – January Environmental Services, Inc., January Transport, Inc. and company-owner Cris January (collectively Defendants) will pay civil penalties of $1.9 million and perform comprehensive corrective measures to resolve allegations that they…
Taiwan says chip companies in talks about Europe investment
TAIPEI (Reuters) – Some Taiwanese chip companies are in talks with European countries about investments there, a government minister said on Wednesday, adding the administration was “pleased” to see efforts by local…
Oil Companies Cut Production As Hurricane Ian Hits Gulf Coast
Oil Companies Cut Production As Hurricane Ian Hits Gulf Coast Arjun Singh on September 27, 2022 Several oil and gas companies have cut production at facilities in the Gulf of Mexico…
Biden urges companies to lower costs for consumers
WASHINGTON (Reuters) – U.S. President Joe Biden on Monday urged companies running gas stations, banks and cell phone services to lower costs for consumers coping with inflation. During a White House meeting,…
Factbox: Companies potentially affected by Italy’s election
(Reuters) – A right-wing alliance led by Giorgia Meloni’s Brothers of Italy party looks set to win a clear majority in the next parliament, exit polls said on Sunday after voting ended…
Beverly Hills Man Pleads Guilty to Charge for Using Fake Companies in Scheme to Steal Millions of Dollars in COVID Small Business Loans
LOS ANGELES – A Beverly Hills man – whose sons pleaded guilty earlier this month to felonies for defrauding COVID-relief programs – pleaded guilty today to a federal criminal charge for…
Biden urges energy companies to lower costs for consumers
WASHINGTON (Reuters) – U.S. President Joe Biden on Thursday pressed the U.S. energy industry to lower costs for consumers who had been stung by high gasoline prices, citing record company profits. “Gas…
German minister call for more funds for companies as debt debate intensifies
By Riham Alkousaa and Klaus Lauer BERLIN (Reuters) – The German economy minister on Thursday called for more government funds to support companies as a debate intensifies on whether Berlin should suspend…
IHC’s $2.15 billion Nutresa bid boosts shares in Colombian conglomerate GEA’s companies
BOGOTA (Reuters) – Shares in companies that are part of Colombia’s largest conglomerate GEA rose on Wednesday after Abu Dhabi-based investor International Holding Company (IHC) launched a bid to buy a stake…
Mexican president to meet with food companies for measures to tame inflation
MEXICO CITY (Reuters) -Mexican President Andres Manuel Lopez Obrador said on Wednesday he will meet with food producers and distributors to discuss measures to tame inflation. Lopez Obrador said in a regular…
Brazil’s Natura denies plan to spin-off, sell companies
SAO PAULO (Reuters) – Brazil’s Natura & Co Holding SA said on Thursday its board is not considering a spinoff of its Aesop cosmetics brand or the sale of Body Shop, denying…
Large companies’ assets at growing risk of climate impact – S&P Global
By Juliette Portala (Reuters) – Over 90% of the world’s largest companies will have at least one asset highly exposed to the physical impacts of climate change by the 2050s, data and…
Seven companies bid for new casino licenses in Macau
HONG KONG (Reuters) -Seven companies have bid for new casino licenses in the world’s biggest gaming hub, with new contracts set to start at the beginning of 2023, Macau’s government said on…
Lunchbox Launches the Largest Network of Integrations, Giving Restaurants and Tech Companies Access to 100+ Partners
Lunchbox Open accelerates restaurant integrations forward in an already advanced landscape, opening up a marketplace of streamlined integrations for operators and an entry point for new partners. New York, NY (PRESS RELEASE) …
India says it uncovers fraudulent shell companies with Chinese links
MUMBAI (Reuters) – Indian authorities on Sunday said they had arrested a man who had masterminded the creation of many shell companies linked to China and appointed dummy directors to run the…
Bond issuance spree as U.S. companies rush before more rate hikes
By Shankar Ramakrishnan and Matt Tracy (Reuters) – Companies with the highest credit ratings in the world are engaged in a now-or-never U.S. dollar bond issuance spree to get ahead of a…
China issues draft rules to regulate financial holding companies’ related transactions
SHANGHAI (Reuters) – China’s central bank issued draft rules on Tuesday to regulate related transactions of financial holding companies. Such transactions must conform to rational commercial principles, be backed by genuine businesses…
Leader of Nationwide Wire Fraud Scheme that Exploited App-Based Rideshare and Food Delivery Companies Sentenced to Almost Three Years in Prison
Assistant U.S. Attorney Kevin Mokhtari (619) 546-8402 NEWS RELEASE SUMMARY – August 29, 2022 SAN DIEGO – Gustavo De Avila Moreira Farinha, the lead defendant in a nationwide wire fraud and identity…
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