Murphy to sign major tax credit bill boosting NJ manufacturing and clean energy sector
TRENTON, NJ – Governor Phil Murphy is expected to sign Assembly Bill 5687 into law on Wednesday, launching the “Next New Jersey Manufacturing Program,” a sweeping new initiative designed to attract major…
Marlboro Police Credit K-9 Bolo After Suicidal Subject Found Unharmed
MARLBORO, NJ – The Marlboro Police Department recognized their furry officer Bolo after an incident last week involving a distressed and suicidal subject. “Last week, the Marlboro Township Police Department was alerted…
Credit Suisse has no plans to raise capital – source
ZURICH – Credit Suisse has no plans for a capital increase, a source familiar with the matter told Reuters on Wednesday, after the Swiss bank reported a dip in capitalisation. As the…
Essex County Man Convicted of Using Credit Cards Stolen from U.S. Mail to Defraud Banks and Commit Identity Theft
NEWARK, N.J. – An Essex County, New Jersey, man was convicted today for his role in scheming with at least one U.S. Postal Service (USPS) employee and others to steal credit cards…
Russia makes ‘digital’ rouble, home-grown credit card push
(Reuters) – Russia said on Thursday it plans to have a “digital” rouble capable of making international payments ready by next year and also wants to expand the number of countries that…
Linden Police Seeking Couple Suspected in Credit Card Fraud Scheme
LINDEN, NJ – Linden Police Detectives are asking for your help to identify these suspects, believed to be involved in a credit card fraud scheme. “On Tuesday, April 19, 2022 Officers responded…
Former Brooklyn Supreme Court Justice Sentenced To 15 Months In Prison For Obstructing Federal Investigation Of Misconduct At Municipal Credit Union
Damian Williams, United States Attorney for the Southern District of New York, announced that SYLVIA ASH, a former justice of the New York State Supreme Court and chair of the Board of…
Bausch + Lomb Corporation Seeking to Enter Into New Credit Facilities to Facilitate Previously Announced Separation from Bausch Health
The Term Loan Facility is expected to mature in 2027. The Revolving Credit Facility is expected to mature in 2027 and to be undrawn at closing of the proposed initial public offering…
China to accelerate VAT credit rebates for small firms – finance ministry
BEIJING – China’s finance ministry and tax regulator on Wednesday said they will accelerate Value Added Tax (VAT) credit rebates for small firms. Medium-sized manufacturing firms are allowed to claim VAT credit…
Suspect Wanted for Credit Card Theft Arrested in Utica
UTICA, NY – A man wanted for stealing credit and debit cards and using them around Utica has been arrested by police today. On Tuesday, Wayne Daniels age 57 of Utica was…
Biden Admin Refuses To Take Credit For Its Own Decision On Oil And Gas Drilling
Biden Admin Refuses To Take Credit For Its Own Decision On Oil And Gas Drilling Thomas Catenacci on April 19, 2022 The Biden administration is already shying away from its decision to…
Biden administration launches $6 billion nuclear power credit program
By Timothy Gardner WASHINGTON -The Biden administration on Tuesday opened applications for a $6 billion program to help nuclear power plants struggling with rising costs as it seeks to stop the generators…
Head of Credit Suisse China securities JV steps down
ZURICH – The head of Credit Suisse’s securities joint venture in China, Tim Tu, has stepped down to pursue other opportunities within the Swiss bank, a spokeswoman said. Daniel Qiu has been appointed…
Credit determinations committee agrees to look into Russia’s potential failure to pay
LONDON – The EMEA Credit Derivatives Determinations Committee (CDDC) on Tuesday accepted a request to address the question of whether a potential failure to pay occurred on Russia’s hard-currency bonds, possibly bringing…
Euro zone banks to tighten corporate credit access on war fears: ECB
FRANKFURT -Euro zone banks plan to sharply tighten access to corporate credit in the second quarter as the war in Ukraine weighs on the outlook and cuts deep into their risk tolerance,…
Suspect Charged for $6,800 Credit Card Fraud Scam
CUMBERLAND, MD – A Barton man, Warren Richard Lynn, 36, has been arrested and charged with credit card fraud after racking up nearly $7,000 in bills on a person’s credit card without…
Credit determinations committee is asked question on Russia potential failure to pay
LONDON -The EMEA Credit Derivatives Determinations Committee (CDDC) has been asked on Monday whether a potential failure to pay occurred on Russia’s hard-currency bonds, possibly bringing payout on billions of dollars in…
Former Inmate in The Montgomery County Department of Correction and Rehabilitation Sentenced to Over Five Years in Federal Prison for a Credit Card Fraud Scheme
Greenbelt, Maryland – U.S. District Judge George J. Hazel today sentenced Abraham Oliver, age 26, a former inmate in the Montgomery County Department of Corrections, to 61 months in federal prison, followed…
Member of hacking group sentenced for scheme that compromised tens of millions of debit and credit cards
Seattle – A Ukrainian man was sentenced today in the Western District of Washington to 5 years in prison for his criminal work in the hacking group FIN7. Denys Iarmak, 32, served…
Venezuela growth could hit 20% this year, Credit Suisse says: ‘Not typos!’
CARACAS – Venezuela’s economy could surge 20% this year, investment bank Credit Suisse said in a report, sharply hiking its previous forecast of 4.5% due to growing demand for its crude since…
Credit Suisse restates results under new divisional reporting structure
ZURICH – Credit Suisse Group published restated historical financial information on Thursday reflecting its new divisional reporting structure that was announced in November. It published the information on this website: https://www.credit-suisse.com/about-us/en/investor-relations/financial-regulatory-disclosures/quarterly-earnings-material.html (Reporting…
Kinecta Joins the Worldwide Foundation for Credit Unions’ Ukrainian Credit Union Displacement Fund Campaign and Commits up to $50,000
For every $1 Donated, Kinecta will Match $2 up to $50,000. Donations to Address Immediate Humanitarian Needs MANHATTAN BEACH, Calif., April 5, 2022 — Kinecta Federal Credit Union joins the Worldwide Foundation…
European credit CDS jumps as Fed-speak spooks markets
(Reuters) – The cost of insuring exposure to corporate bonds surged on Wednesday as stock markets tumbled on worries of aggressive U.S. rate hikes hurting growth and further Western sanctions on Russia…
Former CEO of Shreveport Federal Credit Union Sentenced on Federal Charges
SHREVEPORT, La. – United States Attorney Brandon B. Brown announced that Helen Godfrey-Smith, 72, of Shreveport, Louisiana, has been sentenced by United States District Judge Elizabeth E. Foote for making and using…
Credit servicer doValue Greece gets $548 million bad loan mandate
ATHENS – Credit servicer doValue Greece, a subsidiary of Italy’s biggest debt recovery firm doValue, said on Tuesday it was awarded a new loan servicing mandate for a 500 million euro ($548.4…
Credit Card Thieves Had High-Tech Smuggling Compartment in Dashboard
BERGEN COUNTY, NJ – A high-tech cocaine dealer and credit card thief had a hidden compartment in his dashboard that opened electronically to hide his drugs and credit cards. Police arrested Robert…
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