New Jersey Democrats Approve Bill to Punish Towns Fighting Affordable Housing By Withholding State Grants and Financial Aid
NJ lawmakers give housing-compliant towns first shot at state grants Trenton, NJ – New Jersey’s Democrat lawmakers are making their point clear to municipalities across the state: build high density affordable housing,…
U.S. online prices dropped, spending slowed in April – Adobe
By Howard Schneider (Reuters) – Online prices fell 0.5% in April and U.S. consumers pulled back on electronic commerce, possibly reflecting a change in consumer behavior and the Federal Reserve’s efforts to…
AWH ANNOUNCES Q1 2022 FINANCIAL RESULTS
Q1 2022 Net Revenue of $85.1 million Cash and Cash Equivalents of $143.8 million at Quarter-End NEW YORK, May 11, 2022 – Ascend Wellness Holdings, Inc. (“AWH” or the “Company”) (CSE: AAWH.U) (OTCQX:AAWH),…
Does the cryptocurrency crash pose a threat to the financial system?
By Hannah Lang WASHINGTON – On Tuesday, bitcoin fell briefly below $30,000 for the first time in 10 months, while cryptocurrencies overall have lost nearly $800 billion in market value in the…
Former Chief Financial Officer of $21 Billion Biopharmaceutical Company Indicted for Insider Trading
NEWARK, N.J. – The former chief financial officer for a biopharmaceutical company was indicted today for his role in an insider trading scheme, U.S. Attorney Philip R. Sellinger announced. Usama Malik, 47,…
Rise in German investor morale ‘not enough to become hopeful’
BERLIN -German investor sentiment rose slightly in May on expectations the economic situation in Europe’s largest economy will deteriorate less markedly than predicted previously as the European Central Bank acts to tame…
Inflation, Ukraine war seen as chief financial risks -Fed report
(Reuters) – High inflation, volatility in stock and commodity markets and the war in Ukraine have emerged as the chief risks to the U.S. financial system, the Federal Reserve reported on Monday…
Many Germans still work from home despite end of COVID requirement – Ifo
BERLIN – The proportion of German people working from home fell only slightly in April, according to a survey published on Monday, despite the country lifting remote-working requirements brought into force to…
Best financial advice from mom
By Chris Taylor NEW YORK – Can you guess who kids turn to first for money advice? Parents – and it is not particularly close. Even though friends, siblings and social media…
British convenience chain McColl’s collapses
(Reuters) – British convenience store chain McColl’s said on Friday it had been placed under administration of accounting and consulting firm PriceWaterhouseCoopers, as it failed to get short-term funding from lenders to…
Provention Bio Reports First Quarter 2022 Financial Results and Provides Business Update
-Teplizumab Biologics License Application (BLA) resubmission accepted for review by FDA and user fee goal date set for August 17, 2022– -Company to host teplizumab commercial launch investor event on Thursday, May…
Insmed Reports First Quarter 2022 Financial Results and Provides Business Update
–ARIKAYCE® (amikacin liposome inhalation suspension) Achieves 32% Year Over Year Growth for the First Quarter of 2022 with Total Revenue of $53.1 Million— –Seven Clinical Trials Underway; Enrollment on Track in Brensocatib…
Financial firms face $225 billion in water-related losses, analysis estimates
By Simon Jessop and Tommy Wilkes LONDON – Financial institutions face losses of at least $225 billion from risks related to water, with a third of them doing nothing to assess the…
Just Eat Takeaway shares plunge again after pre-AGM board departures
By Toby Sterling AMSTERDAM -Just Eat Takeaway.com NV said on Wednesday two of its most senior leaders were to step down, just hours before Europe’s largest online meal delivery company was due…
FANDUEL GROUP APPOINTS DAVID JENNINGS CHIEF FINANCIAL OFFICER
– Long-Tenured Flutter Executive Joins FanDuel Team in U.S. – NEW YORK, May 3, 2022 — FanDuel Group, the premier online gaming company in the United States, announces that it has appointed David Jennings as…
Bank of England to focus on financial resilience to climate change, says policymaker
LONDON -The rise in demand for coal following Russia’s invasion of Ukraine is a setback to reaching a net-zero economy by 2050 but will also help bolster investment in renewable energy, a…
Adler says it will remain shut out of financial markets until audit completed
FRANKFURT – German landlord Adler will remain shut out of banking and capital markets until its financial statements have been audited, the company said on Monday after its board of directors resigned…
PEOPLES FINANCIAL SERVICES CORP. Declares Second Quarter 2022 Dividend
SCRANTON, Pa., April 29, 2022 — The Board of Directors of Peoples Financial Services Corp. (NASDAQ: PFIS) declared a second quarter dividend of $0.39 per share. The $0.39 dividend represents a 5.4%…
USTR to lead delegation to Kenya to explore trade, investment
WASHINGTON -Assistant United States Trade Representative (USTR) for African Affairs Constance Hamilton will lead a delegation to Kenya on May 1 to explore opportunities for enhanced trade and investment engagement, USTR spokesperson…
Arm dismisses China unit’s opposition to CEO change
By Brenda Goh and Jane Lanhee Lee SHANGHAI -Arm Ltd said on Friday a change in leadership at its Chinese joint venture fully complied with local laws, after concerns were raised about…
Brazil to raise tax on net income of banks, financial firms
SAO PAULO – Brazil’s government will increase taxes on banks and financial institutions on Thursday, the official gazette showed, in a bid to fund a new debt renegotiation program for small firms.…
HelloFresh soothes investor worries with Q1 beat
(Reuters) – German meal-kit maker HelloFresh reported better-than-expected first-quarter revenues and core earnings, sending its shares soaring and easing investor worries about its full-year guidance. In preliminary results just before the market…
Financial Advisor Charged In White Plains Federal Court With Embezzlement From Client
Damian Williams, the United States Attorney for the Southern District of New York, and Michael J. Driscoll, the Assistant Director-in-Charge of the New York Office of the Federal Bureau of Investigation (“FBI”),…
Bill requiring U.S. federal judges to disclose more financial interests passes House, awaits Biden’s signature
WASHINGTON – A bill requiring U.S. federal judges to disclose more about their financial interests passed the House in a rare bipartisan voice vote, sending the bill to President Joe Biden for…
PEOPLES FINANCIAL SERVICES CORP. Reports First Quarter 2022 Earnings
SCRANTON, Pa., April 26, 2022 — Peoples Financial Services Corp. (“Peoples”) (NASDAQ: PFIS), the bank holding company for Peoples Security Bank and Trust Company, today reported unaudited financial results at and for the…
Lebanon banking group rejects latest draft of financial recovery plan
BEIRUT -The Association of Banks in Lebanon said on Saturday it “completely rejects” the government’s latest draft of a financial recovery plan meant to pull the country out of an economic meltdown.…
Breaking News
