[the_ad id="1125697"]
‘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…
Jet Medical and Related Companies Agree to Pay More Than $700,000 to Resolve Medical Device Allegations
WASHINGTON – Pennsylvania-based medical device distributor Jet Medical Inc. (Jet) agreed to pay $200,000 to resolve criminal allegations relating to a migraine headache treatment, and Jet and two related companies agreed to…
Tech firms lead companies with most December job cuts -report
By Michael S. Derby NEW YORK (Reuters) – American technology firms dominated the number of announced job cuts in December, as some employers downsized workforces to brace for the prospect of difficult…
Japan’s Kishida urges companies to give wage hikes that exceed inflation
TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida on Wednesday urged companies to increase wages faster than the rate of inflation. “In the past 30 years, wages did not rise much despite…
U.S.-listed Chinese tech companies cancel HK-listing plans: The Information
(Reuters) – Major U.S.-listed Chinese companies, including Pinduoduo Inc and Full Truck Alliance Co, have put discussions about a potential Hong Kong listing on hold, The Information reported on Wednesday, citing people…
After Two Years Of Shortage, Tech Companies Grapple With Chip Surplus
After Two Years Of Shortage, Tech Companies Grapple With Chip Surplus John Hugh DeMastri on December 27, 2022 After two years of global chip shortages sent prices for electronics skyrocketing, companies are…
JOHN STOSSEL: Comic Books Companies Put All Their Chips Down On Wokeness. It Isn’t Working Out For Them
JOHN STOSSEL: Comic Books Companies Put All Their Chips Down On Wokeness. It Isn’t Working Out For Them John Stossel on December 28, 2022 Did you know that Superman’s son is bisexual?…
German companies plan to invest more in Africa in 2023
By Rene Wagner BERLIN (Reuters) – German companies want to boost their activities in Africa next year, especially in areas such as green hydrogen and liquefied natural gas, with 43% planning to…
Two New York Cities Put Gun Companies In The Crosshairs With New Lawsuits
Bronson Winslow on December 21, 2022 Mayors Malik Evans of Rochester and Byron Brown of Buffalo announced lawsuits against major gun manufacturers and distributors on Tuesday. According to Rochester and Buffalo press…
Cardiac Monitoring Companies to Pay More than $44.8 Million to Resolve False Claims Act Liability Relating to Services Performed by Offshore Technicians
PHILADELPHIA – BioTelemetry, Inc. and its subsidiary CardioNet, LLC, both headquartered in Pennsylvania (collectively, “BioTelemetry”), have agreed to pay $44,875,000 to resolve allegations that they violated the False Claims Act by knowingly…
Private debt markets face reality check as companies grapple with rising rates, recession
By Chiara Elisei LONDON (Reuters) – Stellar growth in private debt markets over the past decade looks set to face a reality check as a looming recession and higher interest rates squeeze…
Chinese Manufacturer and U.S. Companies Admit Scheme to Evade U.S. Customs Duties
NEWARK, N.J. – A company based in the People’s Republic of China, along with three businesses located in New Jersey and New York, entered into settlement agreements with the United States, admitting…
New York Attorney And Doctor Convicted Of Defrauding New York City-Area Businesses And Their Insurance Companies Of More Than $31 Million Through Massive Trip-And-Fall Fraud Scheme
Damian Williams, the United States Attorney for the Southern District of New York, announced the convictions today in Manhattan federal court of GEORGE CONSTANTINE, a New York lawyer, and ANDREW DOWD, a…
Bill targets New Jersey tow truck companies from preying upon car theft victims
TRENTON, NJ – A bill that will stop a predatory towing practice in New Jersey during the state’s car theft epidemic will be considered next week by the state’s Senate Judiciary Committee.…
Biden Regulator Fires Warning Shot At Musk’s Twitter, Tech Companies
Biden Regulator Fires Warning Shot At Musk’s Twitter, Tech Companies John Hugh DeMastri on December 15, 2022 Samuel Levine, director of the consumer protection bureau at the Federal Trade Commission (FTC), warned…
Factbox-Chinese companies added to U.S. entity list
WASHINGTON (Reuters) – The Biden administration on Thursday added Chinese memory chipmaker YMTC and 21 “major” Chinese players in the artificial intelligence chip sector to a trade blacklist, broadening its crackdown on…
U.S. to add over 30 Chinese companies to trade blacklist -Bloomberg News
(Reuters) – The Biden administration plans to place Chinese chip maker Yangtze Memory Technologies (YMTC) and 35 other Chinese firms on a trade blacklist that would prevent them from buying certain American…
Hit by COVID wave, companies in China strain to keep operations running normally
By Joe Cash, Ellen Zhang and Sophie Yu BEIJING (Reuters) – From e-commerce giant JD.com to cosmetics brand Sephora, companies in China are rushing to minimise the impact of surging COVID infections…
Investor group launches campaign to help companies protect nature
MONTREAL (Reuters) – Here’s the plan: Select 100 companies whose business burdens nature. Then, offer advice on how to lighten their impact and monitor their progress. Such is the vision of a…
The Biden Admin’s Latest Offshore Wind Lease Sales Mostly Went To Foreign Energy Companies
The Biden Admin’s Latest Offshore Wind Lease Sales Mostly Went To Foreign Energy Companies Jack McEvoy on December 8, 2022 Roughly 78% of federal land auctioned by the Biden administration for offshore…
Canadian oil companies, lighter in debt, have cash to spare despite falling prices
By Rod Nickel WINNIPEG, Manitoba (Reuters) – After a bumper year of share buybacks and dividends, investors in debt-light Canadian oil and gas producers are set to reward shareholders even more in…
Norway companies see weaker outlook, central bank survey shows
OSLO (Reuters) – Norwegian companies see a further deterioration in their outlook for the next six months, a central bank survey showed on Tuesday. “Looking ahead, contacts expect lower activity owing to…
Former Florida Attorney Indicted For Racketeering Relating To Operation Of His Tallahassee Law Firm And Investment Companies
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. Coody, United…
Factbox-Crypto companies crash into bankruptcy
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 Luna suffered…
German companies looking to hire more staff – Ifo
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 on Thursday.…
Investors with $30 trln to push companies on human rights, social issues
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 initial focus…
Breaking News
