Former Navy Admiral and Executives Arrested in Government Bribery Case
WASHINGTON D.C.—A retired Navy Admiral and two New York business executives were arrested today. They are charged with involvement in a bribery scheme linked to a U.S. government contract. The charges stem…
iCore Global LLC Executives Plead Guilty to Fraud
SAN ANTONIO – Two executives of iCore Global LLC (iCore) have pleaded guilty to their involvement in a fraud scheme. According to court documents, Samantha L. Mueting, 57, of San Antonio and…
Exclusive-California lithium tax would delay shipments to automakers, executives warn
By Ernest Scheyder (Reuters) – A proposed flat-rate tax on lithium produced in California’s Salton Sea region will delay deliveries of the electric vehicle battery metal to General Motors Co and Stellantis…
Dollar Tree to replace CFO, other top executives
(Reuters) – Dollar Tree Inc on Tuesday announced the exit of finance chief Kevin Wampler and some other top executives, weeks after the discount chain reached a settlement with activist investor Mantle…
VinFast parts ways with four top executives as it readies expansion
By Phuong Nguyen and Norihiko Shirouzu (Reuters) – Four senior executives at Vietnam’s VinFast have left the electric vehicle startup as it prepares to launch its first overseas model and roll out…
GM, Ford executives say U.S. vehicle demand stays strong
By Joseph White and David Shepardson DETROIT – Top executives of General Motors Co and Ford Motor Co said on Wednesday U.S. consumer demand for cars and trucks remains strong, despite rising…
Latin Music Company Executives Arrested on Federal Complaint Alleging Violations of U.S. Sanctions Related to Drug Traffickers
LOS ANGELES – FBI agents today arrested two music business executives – including the CEO of a Latin music conglomerate – who are charged with conspiring to violate the Foreign Narcotics…
European executives’ confidence plunges on Ukraine crisis – survey
(Reuters) – The Russia-Ukraine crisis and soaring energy prices have nearly halved the confidence of European business leaders in the first half of the year and many corporations have passed on the…
UDF Executives Sentenced to Combined 20 Years in Prison
Four United Development Funding executives have been sentenced to a combined 20 years in federal prison for fraud, announced U.S. Attorney for the Northern District of Texas Chad E. Meacham. In January,…
Kohl’s loses two senior executives as it looks for a buyer
(Reuters) – Kohl’s Corp said on Wednesday two of its senior executives are stepping down from their roles, as the U.S. department store chain hunts for a buyer amid pressure from activist…
Intel shareholders reject compensation packages for top executives
(Reuters) – Intel Corp shareholders rejected compensation packages for top executives, including a payout of as much as $178.6 million to Chief Executive Officer Pat Gelsinger, a regulatory filing showed on Monday.…
Four Vonage Channel Program Executives Named on CRN’s 2022 Women of the Channel List
HOLMDEL, N.J., May 9, 2022 — Vonage (Nasdaq: VG), a global leader in cloud communications helping businesses accelerate their digital transformation, today announced that CRN®, a brand of The Channel Company, has…
U.S. imposes sanctions on 27 Gazprombank executives, Russian TV stations
By Jeff Mason and Steve Holland WILMINGTON, Del. – The United States on Sunday unveiled sanctions against three Russian television stations, banned Americans from providing accounting and consulting services to Russians, and…
Suburban Chicago Manufacturing Executives Guilty of Scheming To Hire Undocumented Workers
CHICAGO — Two siblings who operated a suburban Chicago manufacturing company have pleaded guilty in federal court to knowingly hiring undocumented workers. KENNETH KUZELKA, 64, of Chicago, pleaded guilty Thursday to conspiracy…
Texas Retains Top Spot Among CEOs in Chief Executive’s 2022 Best & Worst States for Business Ranking
The just-released annual ranking of states by the country’s CEOs shows stability at the top and bottom—but reveals significant pressure from up-and-comer Arizona. BRENTWOOD, Tenn., April 26, 2022 — Perennial CEO favorite…
Two Santa Clara County Executives Charged With “Specialty Occupation” Visa Fraud
SAN JOSE – Elangovan Punniakoti and Mary Christeena appeared in federal court today to face an indictment charging them with visa fraud and conspiracy to commit visa fraud, announced United States Attorney…
WarnerMedia CFO among executives leaving in Discovery merger
(Reuters) – WarnerMedia executives who will depart the company in the merger with Discovery include Chief Financial Officer Jennifer Biry, chief executive of studios and network group Ann Sarnoff, Chief Technology Officer…
U.S. drops price-fixing charges against chicken executives after mistrials
WASHINGTON – The U.S. Justice Department asked a federal court in Denver on Thursday to drop price-fixing charges filed against five executives of chicken producing companies after two mistrials in the case…
Florida Business Executives Charged In Illegal Kickback Scheme
Tampa, Florida –United States Attorney Roger B. Handberg announces the unsealing of an indictment charging Thomas Mollick (79, Odessa) and Martin Krytus (55, Windemere) with conspiracy to solicit and receive, and a…
Some Credit Suisse shareholders don’t want to absolve executives of Greensill losses – FT
ZURICH – Some shareholders in Credit Suisse do not want the bank to hold a vote in the annual meeting on absolving senior executives from losses racked up in the Greensill affair,…
Biden, backed by business executives, presses Congress on chip funding
By Alexandra Alper WASHINGTON – U.S. President Joe Biden met with executives of chipmakers including Samsung, Micron and other companies on Wednesday as part of an effort to push the U.S. Congress…
Former Public Utility Executives Indicted For Conspiring To Steal Millions Of Dollars From The City Of Jacksonville Upon The Sale Of The Jacksonville Electric Authority
Jacksonville, Florida –United States Attorney Roger B. Handberg announces the return by a grand jury of an indictment charging former Jacksonville Electric Authority (JEA) Chief Executive Officer (CEO) Aaron Zahn (42, Jacksonville…
Two Executives of Chicago-Area Non-Profit Organization Charged With Misappropriating $1.8 Million
CHICAGO — Two executives of a Chicago-area non-profit organization have been indicted on federal fraud charges for allegedly misappropriating more than $1.8 million in funds intended to support the charity’s work with…
Uber to remove executives from Yandex joint venture
– Uber Technologies Inc said on Monday it would remove the company’s three executives on the board of its joint venture with Russia’s Yandex, as more western companies distance themselves amid Moscow’s…
Citigroup executives test positive for COVID, will hold virtual event Wed
By David Henry NEW YORK – Citigroup Inc Chief Financial Officer Mark Mason and investment banking head Paco Ybarra have tested positive for COVID-19, forcing the company to hold its investor day…
Two South Bay Executives Charged With Fraud In Obtaining “Specialty Occupation” Visas
SAN JOSE – Namrata Patnaik and Kartiki Parekh appeared in federal court today to face an indictment charging them both with visa fraud and conspiracy to commit visa fraud and further charging…
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