OMAHA, Neb. – Berkshire Hathaway’s vice-chairman Charles Munger said on Saturday that retail broker Robinhood Markets Inc, which is trading near a record low, was getting its comeuppance. After a …
Firm
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FRANKFURT – The world’s largest contract logistics provider, U.S.-based GXO, said on Wednesday it hoped to significantly increase its share of sales in Germany over the next five years with …
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By Lucy Raitano (Reuters) – U.S. private equity firm Ripplewood said on Tuesday it was planning to list a special purpose acquisition company (SPAC) in Amsterdam in what will be …
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By Krystal Hu (Reuters) – TPG Growth, the middle market-focused arm of U.S. private equity firm TPG, has bought a majority stake in proxy firm Morrow Sodali, the companies said, …
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Financial News
U.S. oilfield services firm Halliburton warns of risk to Russian assets
by Reutersby Reuters(Reuters) – U.S. oilfield services firm Halliburton Co on Friday warned it may face Russian government seizure of its $340 million in assets in the country and a future charge …
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Department of Justice Press Releases
Former Paralegal for Chicago Law Firm Charged With Embezzling Bankruptcy Estate Funds
by DOJ Pressby DOJ PressCHICAGO — A former paralegal for a Chicago law firm has been indicted for allegedly embezzling more than $600,000 from bankruptcy estate accounts. BECKY LOUISE SUTTON fraudulently embezzled the funds …
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Financial News
Asia FX bearish bets firm as cenbanks catch-up to Fed tightening- Reuters poll
by Reutersby ReutersBy Indranil Sarkar (Reuters) – Bearish bets on most Asian currencies firmed, a Reuters poll found on Thursday, as several regional central banks trail the U.S. Federal Reserve in tightening …
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Financial News
Buyout firm Thoma Bravo approaches Twitter with acquisition interest
by Reutersby ReutersNEW YORK – Buyout firm Thoma Bravo LP has contacted Twitter Inc to express interest in putting together an acquisition offer that would rival Tesla Inc Chief Executive Elon Musk’s …
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Department of Justice Press Releases
Former Managing Partner Of Manhattan Investment Advisory Firm Sentenced To 12 Years For Defrauding Investors In An Over $120 Million Ponzi-Like Scheme
by DOJ Pressby DOJ PressDamian Williams, United States Attorney for the Southern District of New York, announced that DAVID HU, former managing partner and chief investment officer of the Manhattan-based investment advisory firm International …
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Financial News
CMA CGM buys auto logistics firm Gefco as Russia’s RZD, Stellantis exit
by Reutersby ReutersPARIS – French shipping group CMA CGM said on Friday it has acquired nearly 100% of Gefco, the auto transport company previously co-owned by Russian Railways (RZD) and carmaker Stellantis. …
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Business News
Arup announces new leadership as firm broadens reach and sharpens focus on sustainable outcomes across the Americas
by Your Newsby Your NewsGuided by Arup’s mission to shape a more sustainable world through high quality work and innovative solutions, the firm also announced a new regional leadership, organized to deliver exceptional service …
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By Asha Sistla (Reuters) – Gold eased on Tuesday as the U.S. dollar held firm on rising prospects of more sanctions against Russia and possibly bigger interest rate hikes by …
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(Reuters) – Venture capital giant Sequoia Capital said on Monday Roelof Botha will take on the firm’s global leadership position, stepping into the role of senior steward from July 5. …
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Department of Justice Press Releases
Former Operations Manager of Local Technology Support Firm Sentenced to 24 Months in Custody in Seven-Year Fraud Scheme
by DOJ Pressby DOJ PressSAN DIEGO – Matthew P. Hernandez, former manager of a small, San Diego-based technology support firm, was sentenced in federal court today to 24 months in custody for embezzling more …
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Department of Justice Press Releases
Biotechnology Firm Director Sentenced for Obstruction of Justice Relating to Attempts to Acquire Ricin
by DOJ Pressby DOJ PressBOSTON – The director of advanced research at a Massachusetts biotechnology firm was sentenced today in federal court in Boston for obstructing an investigation into his efforts to acquire the …
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Department of Justice Press Releases
Former Comptroller And Compliance Specialist At Investment Adviser Firm Pleads Guilty To Conspiring To Defraud Clients
by DOJ Pressby DOJ PressDamian Williams, the United States Attorney for the Southern District of New York, announced that VANIA MAY BELL, the former comptroller and chief compliance officer of Executive Compensation Planners, Inc. …
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Department of Justice Press Releases
Chief Financial Officer Of Connecticut Insurance Firm Sentenced In $33 Million Scheme To Steal Client Healthcare Funds And Defraud Multiple Lenders
by DOJ Pressby DOJ PressDamian Williams, the United States Attorney for the Southern District of New York, announced today that ERIN VERESPY was sentenced to 66 months in prison for her participation in a …
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Financial News
Buyout firm TPG’s fourth-quarter earnings jump 34% on strong asset sales
by Reutersby ReutersBy Chibuike Oguh (Reuters) – TPG Inc said on Monday its fourth-quarter after-tax distributable earnings rose 34% year-on-year, driven by strong asset sales across its portfolio of private equity, impact …
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LONDON – Credit rating agency S&P Global cut its euro zone growth forecast for the year on Monday to 3.3% from 4.4% previously, saying higher energy prices caused by the …
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Breaking NewsCentral Jersey NewsCommunity NewsJersey Shore NewsNew Jersey NewsOcean County NewsPolitics
Ocean Gate Financial Auditing Firm Should Be Also Held Liable For Missing Decade of Theft by Mayor
by Phil Stiltonby Phil StiltonOCEAN GATE, NJ – Last week, it was announced that Ocean Gate Mayor Paul Kennedy was caught stealing thousands of dollars from municipal resources in a well-orchestrated scam against the …
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Business News
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Butterfly Network, Inc. f/k/a Longview Acquisition Corp., of Class Action Lawsuit and Upcoming Deadline – BFLY
by Your Newsby Your NewsNEW YORK, March 26, 2022 — Pomerantz LLP announces that a class action lawsuit has been filed against Butterfly Network, Inc. (“Butterfly” or the “Company”) f/k/a Longview Acquisition Corp. (“Longview”) …
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Breaking NewsCentral Jersey NewsJersey Shore NewsNew Jersey NewsOcean County News
Jackson Officials Say PR Firm Will Help Put a Positive Spin on the Town During Election Year
by Phil Stiltonby Phil StiltonJACKSON TOWNSHIP, NJ – Jackson Township officials said they interviewed several different firms before awarding a no-bid contract to Brand Strategic Communications for public image and relations consulting. That contract, …
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Breaking NewsCentral Jersey NewsCommunity NewsJersey Shore NewsNew Jersey NewsOcean County News
Toms River Hires Another Public Relations Firm to Grow Information Team to $259,000 Annually
by Phil Stiltonby Phil StiltonTOMS RIVER, NJ – Toms River Mayor Maurice Hill is renewing the contract for public relations services firm Direct Development, of Tinton Falls, owned by New Jersey State Democrat Senator …
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US and World News
U.S., S. Korea defense chiefs agree on need for ‘firm responses’ after launch -Pentagon
by Reutersby ReutersWASHINGTON – U.S. Defense Secretary Lloyd Austin and his South Korean counterpart agreed that firm responses, including at the United Nations, were necessary after North Korea’s intercontinental ballistic missile test, …
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Financial News
Asia FX bears remain firm as risks from geopolitics, inflation persist – Reuters poll
by Reutersby ReutersBy Harshita Swaminathan – Investors stayed bearish on most emerging Asian currencies and turned short on Thailand’s baht for the first time in three months, as uncertainty from Russia’s invasion …