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 …
Companies,
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 …
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 …
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 …
Read The Biden Admin’s Latest Threatening Letter To Oil Companies
Read The Biden Admin’s Latest Threatening Letter To Oil Companies Jack McEvoy on August 26, 2022 President Joe Biden’s energy secretary, Jennifer Granholm, sent a …
Three Companies Agree to Plead Guilty to Federal Offense and Pay Nearly $13 Million in Federal Fines and Response Costs for Offshore Oil Spill
LOS ANGELES – A Texas-based oil company and two of its subsidiaries have agreed to plead guilty to violating the federal Clean Water Act, …
Food Tech Innovator HUNGRY Again Places on the Inc. 5000 List of Fastest-Growing Private Companies
Backed by celebrity investors and fueled by industry-disrupting technology, HUNGRY ranked No.1218 on the 5,000-company list, joining the likes of past winners such as Pandora, …
One of America’s Fastest Growing Companies – Again and Again and Again
Dine out for charity entrees pictured: flat iron and norwegian salmon. Richmond, VA (PRESS RELEASE) Sedona Taphouse Restaurants, NAPA Kitchen and Wine, and parent company …
Bridgewater cuts short positions in European companies
By Carolina Mandl NEW YORK (Reuters) – Bridgewater Associates has cut most of its disclosed mammoth bets against European stocks, according to data group Breakout …
Five Chinese Companies Leave NY Stock Exchange — Here’s Why More Could Follow
Five Chinese Companies Leave NY Stock Exchange — Here’s Why More Could Follow John Hugh DeMastri on August 12, 2022 Five state-owned Chinese companies announced …
Analysis-Bruised by a valuation freefall, payments companies brace for M&A
By Pamela Barbaglia and David French LONDON/NEW YORK – Battered by a near 50% plunge in its shares over the last 12 months, Nexi, Europe’s …
Inglewood Marine Wildlife Companies Plead Guilty to Federal Criminal Charges for Unlawfully Importing Live Corals from Vietnam
LOS ANGELES – Two Inglewood companies pleaded guilty today to federal criminal charges for illegally importing protected live corals from Vietnam and, to conceal …
U.S. oil refiners, pipeline companies expect strong demand for rest of 2022
By Stephanie Kelly, Laila Kearney and Laura Sanicola NEW YORK – U.S. oil refiners and pipeline operators expect energy consumption to be strong for the …
Co-Owner of Multiple Companies Admits Failing to Pay Over $1 Million in Payroll Taxes
NEWARK, N.J. – A co-owner of multiple businesses today admitted to his role failing to pay over $1 million in payroll taxes for his companies, …
Companies in China distance themselves from Taiwan amid Pelosi backlash
By Eduardo Baptista BEIJING – From a Chinese soy sauce maker to an Asia-focused asset manager, companies in China are rushing to distance themselves from …
Wait and see: U.S. companies curb investment as they await Fed moves
By Timothy Aeppel (Reuters) – Business investment appears to be an early victim of red-hot U.S. inflation and rising interest rates. Nonresidential fixed investment, which …
Russian central bank recommends companies transfer ‘unfriendly’ FX holdings
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW – Russia’s central bank on Thursday recommended …
Canadian companies stick to hiring plans even as slowdown looms
By Shreya Jain and Allison Lampert TORONTO – The pace of job creation is slowing in Canada, hammered by the sharp rise in interest rates, …
US Quietly Sanctions Chinese Companies As Pelosi Lands In Taiwan
US Quietly Sanctions Chinese Companies As Pelosi Lands In Taiwan John Hugh DeMastri on August 2, 2022 The U.S. State and Treasury Departments announced sanctions …
UK brings in ownership register for property held by foreign companies
LONDON – Britain will now require foreign companies holding UK property to identify their true owners in an official register, the government said on Monday, …
UK companies may face ‘action’ if they downplay climate risk, watchdogs say
By Huw Jones LONDON – Some of Britain’s top listed companies could be downplaying risks from climate change on their bottom line and could face …
CEO of Reality TV Production Companies Sentenced to One Year in Federal Prison for Defrauding Private Lender Out of $2 Million
LOS ANGELES – The CEO of two Hollywood production companies that specialize in reality-television programming was sentenced today to 12 months and one day …
Hong Kong set for billions in inflows from China companies’ listing upgrades
By Scott Murdoch and Kane Wu HONG KONG – Hong Kong is set to see billions of dollars flowing in from the mainland with more …
Most Companies Quiet On Abortion After Roe Overturned
Most Companies Quiet On Abortion After Roe Overturned Laurel Duggan on July 21, 2022 Most U.S. companies aren’t making public statements about the Supreme Court …
New Orleans Man Sentenced for Conspiring to Stage Automobile Accident in Order to Defraud Insurance and Trucking Companies
NEW ORLEANS, LOUISIANA – United States Attorney Duane A. Evans announced that LARRY WILLIAMS (“WILLIAMS”), age 49, of New Orleans, was sentenced today for Conspiracy …
S.Korea to cut taxes for companies, workers and retail investors
By Jihoon Lee and Cynthia Kim SEOUL – South Korea on Thursday proposed a series of tax cuts for companies, workers and retail investors in …
U.S. pipeline companies eye nat gas infrastructure for growth
By Laila Kearney NEW YORK – U.S. midstream companies have set their sights on natural gas pipelines and export terminals as a key growth opportunity …
As borrowing costs rise, Canadian companies look to delay expansion plans
By Divya Rajagopal TORONTO – Some Canadian businesses are reconsidering their expansion plans after the central bank’s surprise full percentage point interest rate hike last …
IMC COMPANIES AND H&M INTERMODAL SERVICES EXPAND WITH NEW CONTAINER DEPOT IN NEWARK
NEWARK, N.J., July 14, 2022 — IMC Companies and H&M Intermodal Services have jointly opened a new truck and depot terminal in the Newark market …
Even Democrats Are Wondering Why The Biden Admin Isn’t Blacklisting Chinese Solar Companies Over Slave Labor
Even Democrats Are Wondering Why The Biden Admin Isn’t Blacklisting Chinese Solar Companies Over Slave Labor Jack McEvoy on July 13, 2022 Democratic lawmakers wrote …
Acorn Growth Companies’ Portfolio Company Aerospares 2000 announces its merger with Sentry Aerospace
Aerospares 2000 Limited, an Acorn Growth Company, today announced its merger with Sentry Aerospace Corporation. Tweet this “Sentry is a leader in the aerospace aftermarket …
CEO of Dozens of Companies and Entities Charged in Scheme to Traffic an Estimated $1 Billion in Fraudulent and Counterfeit Cisco Networking Equipment
NEWARK, N.J. – A federal grand jury has indicted a Florida man for allegedly orchestrating a scheme over many years to traffic in counterfeit Cisco …
Factbox: Western companies in Russian oil and gas sector
MOSCOW – President Vladimir Putin has signed a decree to seize full control of Sakhalin-2 gas and oil project in Russia that could force out …
EU countries, lawmakers agree on rules to curb subsidised foreign companies
BRUSSELS – EU countries and EU lawmakers on Thursday agreed on rules to curb acquisitions or bids for public contracts by subsidised foreign companies in …
Diesel Trucking Companies Conspire to Violate Clean Air Act
Denver – The United States Attorney’s Office for the District of Colorado announces that Pro Diesel Inc. and Endrizzi Diesel, LLC were sentenced this month …
Companies cut spending, jobs as outlook grows less certain
By Medha Singh (Reuters) – Executives at electric car marker Tesla, drug maker Novartis and retailer Bed Bath and Beyond are cutting spending or jobs …
U.S. power companies face supply-chain crisis this summer
By Scott DiSavino (Reuters) – U.S. power companies are facing supply crunches that may hamper their ability to keep the lights on as the nation …
Five more companies will show political spending – New York’s DiNapoli
By Cole Horton (Reuters) – Five additional U.S.-based companies have agreed to disclose their political spending under agreements reached with the New York State Common …
Uber, Lyft drivers claim price-fixing in lawsuit against companies
By Mike Scarcella (Reuters) – A group of drivers for Uber Technologies Inc and Lyft Inc on Tuesday accused the companies of unfairly controlling how …
Portugal picks companies for $8 billion investment in green projects
By Sergio Goncalves LISBON – Portugal has picked 51 consortia to invest a total of 7.57 billion euros ($8 billion) in green and other innovative …
Oil Companies Unload On Biden After His Thinly-Veiled Threats
Oil Companies Unload On Biden After His Thinly-Veiled Threats Thomas Catenacci on June 16, 2022 Oil companies responded in force after President Joe Biden threatened …
Factbox: Companies sell their businesses in Russia
(Reuters) – Some Western companies have agreed to sell their Russian assets or hand them over to local managers as they scramble to comply with …
U.S. pressures Iran by targeting Chinese, UAE companies
By Arshad Mohammed and Daphne Psaledakis WASHINGTON -The United States imposed sanctions on Thursday on Chinese and Emirati companies and on a network of Iranian …
Owner and Operator of Telemedicine and Telemarketing Companies Sentenced to 14 Years for $20 Million Fraud Scheme and $4 Million Tax Evasion
Miami, Florida – A Florida man was sentenced today to 14 years in prison for health care and wire fraud that cost Medicare more than …
Biden Threatens Oil Companies For Not Refining More Gasoline — There’s Just One Problem
Biden Threatens Oil Companies For Not Refining More Gasoline — There’s Just One Problem Thomas Catenacci on June 15, 2022 UPDATE: This article has been …
New Orleans Woman Sentenced for Conspiring to Stage Automobile Accident in Order to Defraud Insurance and Trucking Companies
NEW ORLEANS, LOUISIANA – United States Attorney Duane A. Evans announced that ISHAIS PRICE (“PRICE“), age 41, of New Orleans, Louisiana, was sentenced today for …
Canada wants companies to report cyber attacks and hacking incidents
OTTAWA – Canadian businesses operating in critical infrastructure sectors would be required to report cyber attacks to the federal government and would have to fortify …
Asian companies’ profits drop for first time in 7 quarters
By Gaurav Dogra and Patturaja Murugaboopathy (Reuters) – Earnings by Asian companies in March declined for the first time in seven quarters, dented by slowing …
Facing record inflation, Biden chides Exxon, oil companies for profits
By Trevor Hunnicutt and Jarrett Renshaw LOS ANGELES -U.S. President Joe Biden on Friday accused the U.S. oil industry, and Exxon Mobil Corp in particular, …
US Solar Companies Rip White House For Helping CCP, Consider Legal Action
US Solar Companies Rip White House For Helping CCP, Consider Legal Action Thomas Catenacci on June 8, 2022 Domestic solar panel manufacturers accused President Joe …