‘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…
Owners and Operators of Online Cryptocurrency Companies Indicted for Defrauding Investors
An 11-count indictment was unsealed today in federal court in Brooklyn charging Dwayne Golden, Gregory Aggesen, and Marquis Demacking Egerton, the owners and operators of the web-based virtual currency companies EmpowerCoin, ECoinPlus…
One Of Biggest Gas Companies In World Says It Will Stop Buying Russian Oil
One Of Biggest Gas Companies In World Says It Will Stop Buying Russian Oil Thomas Catenacci on March 8, 2022 Shell, one of the world’s largest oil and gas corporations, apologized for…
Major oil companies aim for zero methane emission by 2030
HOUSTON – A group of the world’s top oil companies, including Saudi Aramco , Shell and Exxon Mobil , said on Tuesday that it has committed to cut fugitive emissions of methane,…
Shipping Russia banned goods may lead to blacklisting, U.S. warns companies
By Karen Freifeld and Alexandra Alper NEW YORK/WASHINGTON – The Biden administration is threatening to add companies to a trade blacklist if they skirt new export curbs against Russia, as it ramps…
Factbox-Harsh words, tough action: how companies have rebuffed Russia
– Corporate actions to censure Russia after its invasion of Ukraine vary widely and include some measures required by law and some voluntary, with comments ranging from harsh condemnations to more measured…
Western Companies Are Happy To Cut Ties With Russia, But Stay Silent On Uyghur Genocide
Western Companies Are Happy To Cut Ties With Russia, But Stay Silent On Uyghur Genocide Ailan Evans on March 5, 2022 Western businesses have exited Russia in droves since the country’s invasion…
Swiss to waive anti-trust rules for gas companies seeking new supplies
ZURICH – Switzerland will waive anti-trust rules to allow gas companies to coordinate to find new supply and storage capacity to help the country cope with uncertainties caused by Russian hostilities in…
Factbox-European and U.S. companies mobilise to help Ukrainians fleeing war
– Companies across Europe and North America have begun offering aid to Ukrainian authorities and people fleeing war following Russia’s invasion, as over a million leave their homes and head to safety…
China calls on rare earths companies to bring prices back to “reasonable” level
BEIJING – China summoned some key rare earths companies amid continuously-rising product prices and urged them to ensure a steady supply chain to help cool prices, the regulator said on Friday. The…
Russia offers fast-track bankruptcy to departing companies
MOSCOW – Foreign companies that want to leave Russia will receive fast-tracked bankruptcy protections or can hand their stakes over to local managers until they return to Russia, First Deputy Prime Minister…
Factbox-Harsh words, tough action: how companies have rebuffed Russia
– Corporate actions to censure Russia after its invasion of Ukraine vary widely and include some measures required by law and some voluntary, with comments ranging from harsh condemnations to more measured…
Factbox-European and U.S. companies mobilise to help Ukrainians fleeing war
– Companies across Europe and North America have begun offering aid to Ukrainian authorities and people fleeing war following Russia’s invasion, as over a million leave their homes and head to safety…
Mining companies may pause growth plans amid Ukraine war, inflation
By Clara Denina and Praveen Menon – Flush with cash after bumper earnings, mining companies straddle a delicate balancing act as they benefit from soaring commodity prices amid the Ukraine-Russia crisis but…
Surgeon General Demands Tech Companies Hand Over Data On COVID-19 ‘Misinformation’
Surgeon General Dr. Vivek Murthy sent a formal request for information Thursday to major tech companies demanding data on “misinformation” related to the COVID-19 vaccine and the virus itself, The New York…
Factbox-European and U.S. companies mobilise to help Ukrainians fleeing war
– Companies across Europe and North America have begun offering aid to Ukrainian authorities and people fleeing war following Russia’s invasion, as over a million leave their homes and head to safety…
Investors warn of unintended consequences as companies cut Russian ties
By Ross Kerber – A responsible-investing group representing $10 trillion of assets under management and advisement said companies could be right to cut Russian business ties to protest Moscow’s invasion of Ukraine,…
ExxonMobil Joins Other Big Oil Companies In Withdrawing From Russia
U.S. Big Oil corporation ExxonMobil joined multiple other multinational energy firms in announcing that it would distance itself from Russian business ventures Tuesday. The American energy giant announced that it would begin…
Factbox-European and U.S. companies mobilise to help Ukrainians fleeing war
– Companies across Europe and United States have begun offering aid to Ukrainian authorities and people fleeing war following Russia’s invasion, as hundreds of thousands leave their homes and head to safety…
US Tech Companies Crack Down On Russian State-Backed Media Despite Kremlin Pressure
US Tech Companies Crack Down On Russian State-Backed Media Despite Kremlin Pressure Ailan Evans on February 28, 2022 American tech companies have taken steps to limit the spread of content from Russian…
Factbox-U.S. companies relax mask mandates as COVID-19 infections slow
– Several major U.S. companies are dropping their mask requirements for customers and employees who are fully vaccinated as the pace of COVID-19 infections declines in the country. A few months ago,…
Taiwan says chip companies complying with Russia export controls
TAIPEI – Taiwan’s semiconductor companies are complying with government export controls to Russia, put in place as part of sanctions on Moscow for invading Ukraine, the Economy Ministry said on Sunday. Taiwan,…
New Jersey lawmaker wants to ban New Jersey businesses from deals with Russian companies
TRENTON, NJ – In 2012, former U.S. President Barack Obama mocked his Republican presidential opponent Mitt Romney who then said Russia is America’s biggest national security threat. “The 1980s called and want…
Irvine Man Arrested on Charge Alleging He Fraudulently Obtained More Than $5 Million in COVID-Relief Loans for Sham Companies
LOS ANGELES – An Orange County man who fled after authorities searched his residence on Wednesday is in federal custody today after he was arrested at the U.S.-Mexico border and charged…
U.S. companies grapple with surging costs as supply chain problems persist
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 of Allegion…
U.S. judge bans Martin Shkreli from running public companies
By Jody Godoy NEW YORK – A U.S. judge on Wednesday permanently barred former pharmaceutical executive Martin Shkreli from serving as an officer or director of publicly traded companies, and ordered him…
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