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. …
Companies,
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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 …
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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 …
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Business News
Investors with $30 trln to push companies on human rights, social issues
by Reutersby ReutersBy 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 …
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Business News
REUTERS NEXT: Crypto entrepreneur Sun looking at FTX ventures’ portfolio companies
by Reutersby ReutersLONDON (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 …
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Department of Justice Press Releases
Owner of Trucking Companies Sentenced to 10 Years in Prison for Conspiracy in Fatal Tanker Explosion, Tax Evasion and COVID Fraud
by DOJ Pressby DOJ PressLOS 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 …
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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 …
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Business News
Factbox-Pharmacies, drug companies settle lawsuits over U.S. opioid crisis
by Reutersby ReutersBy 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 …
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Business News
Analysis-Mexican companies could resort to more spinoffs to enhance market value
by Reutersby ReutersBy 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 …
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Business News
European companies are tapping bond markets again as investors return
by Reutersby ReutersBy 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 …
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Business News
Credit outlook darkens for non-financial companies, Moody’s says
by Reutersby ReutersBy 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, …
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Department of Justice Press Releases
Former Owner and General Manager of Oregon Dump Truck and Concrete Companies Pleads Guilty after Failing to Pay Employment Taxes
by DOJ Pressby DOJ PressPORTLAND, 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 …
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Conservative TimesPolitics
Big Tech Execs Overestimated Their Companies’ Strength. Now Workers Have To Foot The Bill
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 …
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Business News
Analysis-European companies’ robust Q3 makes timing the end of the bear market even harder
by Reutersby ReutersBy 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 …
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Conservative TimesPolitics
Pfizer And General Mills Among Companies Suspending Twitter Ads After Musk Takeover: REPORT
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 …
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US and World News
UK watchdog tells companies to reveal more about meeting shareholders
by Reutersby ReutersBy 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 …
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Conservative TimesPoliticsTop Headlines
Biden To Call For Windfall Tax On Energy Companies Days Before Midterms: REPORT
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 …
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Conservative TimesFeatured NewsPolitics
Biden Threatens To Tax Oil Companies’ ‘Excess’ Profits Unless They Stop ‘War Profiteering’
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 …
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US and World News
Fewer German companies feel threatened than during pandemic – Ifo
by Reutersby ReutersBERLIN (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 …
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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 …
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US and World News
UK companies see tough conditions enduring in months ahead: CBI
by Reutersby ReutersLONDON (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 …
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US and World News
Kremlin says it may transfer assets in annexed Ukrainian regions to Russian companies
by Reutersby ReutersMOSCOW (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 …
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US and World News
Nasdaq halts IPOs of small Chinese companies as it probes stock rallies
by Reutersby ReutersBy 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 …
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US and World News
S.Korea may ease liquidity requirement rules for financial companies
by Reutersby ReutersSEOUL (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 …
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US and World News
Indonesia to offer tax holiday to companies investing in new capital
by Reutersby ReutersBy 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 …