FPL, stakeholders reach tentative deal to keep electric bills below national average through 2029
Juno Beach, FL – Florida Power & Light Company says it has reached an agreement in principle with major stakeholders on a four-year rate settlement aimed at keeping customer bills well below…
German union Verdi cancels pay deal for Lufthansa ground staff
FRANKFURT – German trade union Verdi said on Wednesday it had terminated the collective pay agreement for ground staff at the country’s flag carrier Lufthansa from June 30, citing high energy prices…
Exclusive-Sachem Head nears deal to end board challenge against US Foods-sources
By Svea Herbst-Bayliss (Reuters) – Hedge fund Sachem Head Capital Management is in advanced talks to drop a board challenge against US Foods Holding Corp in exchange for three seats on the…
EU edges towards oil sanctions on Russia, no deal yet
BRUSSELS – European Union governments moved closer on Sunday to agreeing tough sanctions against Russia that include a ban on buying Russian oil, but scheduled more talks for Monday to work out…
Cumberland Police Officer Breaks Up Plain Sight Drug Deal
CUMBERLAND, MD – A Cumberland Police Department patrolman working the area of George Street on Thursday witnessed a plain sight drug deal between males at around 12:43 pm. According to the Cumberland…
EU’s Borrell to call meeting next week if Russia oil embargo deal not forthcoming
FLORENCE, Italy – A meeting of European Union foreign ministers will be held next week should countries from the bloc fail to reach an agreement over an oil embargo against Russia by…
CBP: Buy Mom the Real Deal for Mother’s Day!
CINCINNATI —Mother’s Day is upon us, and U.S Customs and Border Protection (CBP) urges consumers to purchase their Mother’s Day gifts from legitimate retailers to avoid being scammed by illegitimate manufacturers. On…
Musk expected to serve as temporary Twitter CEO after deal closes – CNBC
(Reuters) – Elon Musk is expected to serve as Twitter Inc’s temporary chief executive officer for a few months after he completes his $44 billion acquisition of the social media firm, CNBC…
Samsung signs deal with Dish for 5G radios, phones
By Supantha Mukherjee (Reuters) – Samsung has signed a multi-year deal to sell equipment to Dish for its upcoming 5G network in the United States, one of the largest radio deals for…
Analysis-Iran nuclear deal near death, but West not ready to pull plug
By Arshad Mohammed, John Irish and Parisa Hafezi WASHINGTON/PARIS/DUBAI – Western officials have largely lost hope the Iran nuclear deal can be resurrected, sources familiar with the matter said, forcing them to…
Buffalo Man Pleads Guilty To Brandishing A Firearm During A Drug Deal
CONTACT: Barbara BurnsPHONE: (716) 843-5817FAX #: (716) 551-3051 BUFFALO, N.Y.-U.S. Attorney Trini E. Ross announced today that Charlie Yancey, 29, of Buffalo, NY, pleaded guilty to brandishing a firearm in furtherance of drug trafficking, before…
ECB’s Lane say first rate hike is no big deal, cautious on further moves
FRANKFURT -The European Central Bank’s first rate hike in over a decade is no big issue for the ECB and the question is rather how fast it should raise borrowing costs further…
Twitter deal could bolster lawsuit over Musk’s $56 billion Tesla pay
By Tom Hals (Reuters) – Elon Musk’s $44 billion takeover of Twitter is helping provide ammunition for an upcoming trial where an investor will argue the CEO’s $56 billion pay package from…
Activision Blizzard shareholders approve $68.7 billion Microsoft deal
(Reuters) – Videogame publisher Activision Blizzard Inc said on Thursday that its shareholders approved Microsoft Corp’s $68.7 billion proposal to buy the “Call of Duty” maker. More than 98% of the shares…
Serbia inks $200 million deal with Stellantis to produce electric cars
SARAJEVO – Serbia on Thursday signed a 190 million euro ($199.67 million) deal with Franco-Italian car maker Stellantis for the production of an electric vehicle at its car manufacturing plant in Kragujevac.…
Telefonica Brasil expects $1.09 billion of synergies with Oi deal
SAO PAULO – Telefonica Brasil said on Wednesday it estimates the assets acquired from Brazilian telecom Oi Movel will create 5.4 billion reais ($1.09 billion) in value. In a presentation the company,…
Business group blasts Mexico’s new lithium law as violating trade deal
MEXICO CITY – A Mexican law that nationalizes its future lithium industry violates its trade obligations and could prove costly to the government if mining companies seek to recoup losses, the local…
‘Take the money…and run’: Musk’s quick deal for Twitter highlights weaknesses
By Katie Paul, Dawn Chmielewski and Sheila Dang (Reuters) – To understand the speed with which Twitter’s board accepted Elon Musk’s $44 billion buyout offer, look no further than the dim view…
Boeing CEO knocks planemaker’s deal with Trump on Air Force One
By David Shepardson and Eric M. Johnson WASHINGTON/SEATTLE – Boeing said Wednesday it recorded a $660 million charge in its development of Air Force One as its chief executive questioned the planemaker’s…
Hong Kong’s second SPAC deal put on hold, source says, clouding prospects
By Scott Murdoch HONG KONG – A blank-cheque firm backed by VMS Asset Management has paused plans to go public in Hong Kong due to highly volatile markets, said a person with…
Biden Admin Unveils Plan To Deal With Expected Massive Migrant Surge
Biden Admin Unveils Plan To Deal With Expected Massive Migrant Surge Jennie Taer on April 26, 2022 The Biden administration released its plan Tuesday for handling the influx of migrants expected to…
Republican Senator blasts U.S. Justice Dept’s Boeing 737 MAX plea deal
By David Shepardson WASHINGTON – Texas Republican Senator Ted Cruz backed the families of passengers killed in two fatal Boeing 737 MAX crashes and sharply criticizing the Justice Department’s deferred prosecution agreement…
Elizabeth Warren Says Elon Musk Twitter Deal “Dangerous to Democracy”
U.S. Senator Elizabeth Warren today singled out Twitter as a dangerous company to be owned and operated by a billionaire but didn’t mention Amazon Executive Chairman Jeff Bezos, Bill Gates, or other…
Vallejo Men Sentenced to Prison for Robbery and Assault of Federal Officer During Undercover Drug Deal
SACRAMENTO, Calif. — Rafael Ruiz, 34, and Edgar Torres, 35, of Vallejo, were sentenced today by U.S. District Judge Kimberly J. Mueller to 13 and 10 years in prison respectively for their…
Twitter CEO set to receive $42 million if terminated after Musk deal
(Reuters) – Twitter Inc CEO Parag Agrawal would get an estimated $42 million if he were terminated within 12 months of a change in control at the social media company, according to…
Europe should use fiscal not monetary policy to deal with Ukraine war -IMF
BRUSSELS – European governments should deal with the economic consequences of the war in Ukraine through fiscal policy, to allow monetary policy to normalise in the face of high inflation, the International…
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