By Makiko Yamazaki and Takaya Yamaguchi TOKYO – Japan’s Toshiba Corp has selected four bidders including private equity firms Bain Capital, CVC Capital Partners and …
RICHMOND, Va. – A Richmond woman was sentenced today to 63 months in prison for orchestrating a six-year scheme to defraud the United States Department …
By Cole Horton (Reuters) – Investors resumed deposits into U.S. sustainable funds last month, marking a return to the norm after net withdrawals in May …
By Chibuike Oguh NEW YORK – A decision by banks to change how they invest spare capital is limiting their ability to extend loans to …
By David Lawder WASHINGTON – The U.S. Treasury Department on Monday said it approved nine state plans for the State Small Business Credit Initiative worth …
(Reuters) – U.S. equity funds witnessed outflows for the third week in a row in the week ended July 13, on pessimism over economic growth …
ATLANTA – Jason Lary, the former Mayor of the City of Stonecrest, has been sentenced for using his elected office to steal hundreds of thousands …
PITTSBURGH, PA – A resident of Butler, Pennsylvania, has pleaded guilty to charges relating to Social Security fraud, United States Attorney Cindy K. Chung announced …
NEW ORLEANS, LA – On July 12, 2022, United States District Court Judge Greg Guidry sentenced WAYNE TRICHE, 72, of Baton Rouge, Louisiana, to forty-one …
ZURICH – Credit Suisse has postponed the initial public offering of its 1a Immo PK real estate fund, the bank said on Wednesday, citing current …
Vanessa Roberts Avery, United States Attorney for the District of Connecticut, announced that LAUREN DiMASSA, formerly known as LAUREN KNOX, 38, of West Haven, pleaded …
Protests Rage As Chinese Banks Won’t Let People Withdraw Their Funds Jack McEvoy on July 11, 2022 Crowds of Chinese bank customers demonstrated outside a …
By Kane Wu HONG KONG – Alibaba’s supermarket chain Freshippo is seeking to raise funds at a valuation of about $6 billion, much lower than …
COLUMBUS, Ohio – Cindy S. Hardway stole more than $250,000 over 15 years by continuing to claim her father’s pension and Social Security benefits after …
(Reuters) – Investors were net buyers of U.S. bond funds in the week ended July 6 as rising worries over economic growth increased demand for …
(Reuters) – Global equity funds faced a second straight week of outflows in the week to July 6, as investors remained concerned about a global …
CHICAGO — A federal judge today sentenced a Chicago attorney to four months in prison for false statement and tax offenses in connection with funds …
SAN FRANCISCO – Stephanie Simontacchi was sentenced to 29 months in prison for bank fraud, embezzlement of credit union funds, and tax evasion in connection …
By Anirban Sen (Reuters) -Swedish payments firm Klarna Bank AB is nearing a deal to raise fresh capital at a valuation of about $6 billion …
ST. PAUL, Minn. – Two women have been charged with engaging in fraud schemes to steal millions of dollars in COVID-19 relief funds, announced U.S. …
(Reuters) – Global equity funds faced outflows in the week to June 29, as recession fears crept higher, with major central banks looking keen to …
(Reuters) – U.S. investors turned net sellers of equity funds in the week ended June 29, as they fretted over the impact of hefty rate …
CONCORD – Pierre Rogers, 43, of Irvine, California, and Joshua Leavitt, 40, of Northwood, New Hampshire were indicted by …
BUDAPEST – Hungary expects to sign an agreement with the European Union by the autumn over 22 billion euros ($23 billion) of development funds under …
CHARLOTTE, N.C. – Yesenia Rodriguez, 25, of Charlotte, appeared before U.S. Magistrate Judge David S. Cayer today and pleaded guilty to conspiring to commit wire …
DENVER – The U.S. Attorney’s Office for the District of Colorado announces Ronald Philip Wallace, age 65, and Stace Yater Wallace, age 67, were indicted …
ST. LOUIS – U.S. District Judge Rodney W. Sippel on Tuesday sentenced the former president of a local postal workers union to five years of …
By Jamie McGeever ORLANDO, Fla. – Buy and hold, maximum long. That has basically been the strategy for commodity hedge funds for the last couple …
BOSTON – A former New Bedford Police Department (NBPD) officer and NBPD Union Treasurer was sentenced today for stealing nearly $50,000 in union funds. Joshua …
PORTLAND, Ore.—A former Portland attorney pleaded guilty today to multiple felony charges after perpetrating a scheme to defraud her clients and use the proceeds to …
Democrat Congressman Used Campaign Funds To Pay His Wife And Ex-Con Son Thousands, Records Reveal Gabe Kaminsky on June 26, 2022 Rep. Bobby Rush, an …
BERLIN – Europe will mobilize 300 billion euros in private and public funds over five years to fund infrastructure in developing countries as part of …
Big Brothers Big Sisters helps children by adding another positive adult to their lives in the form of a mentor. They make meaningful, monitored matches …
WASHINGTON – U.S. President Joe Biden on Tuesday said a potential suspension of the federal gasoline tax would have some, but not significant, impact on …
PORTLAND, Ore.—A federal grand jury in Portland has returned an indictment charging a real estate developer residing in Vancouver, Washington, and Lake Havasu, Arizona, with …
KYIV -Ukraine has received a loan of one billion Canadian dollars ($770 million) on concessional terms, its first funds through an “administered account” set up …
By Ross Kerber (Reuters) – Investors in May pulled $3.5 billion from U.S. mutual funds using environmental, social and governance (ESG) factors, researcher Morningstar Inc …
By Akash Sriram (Reuters) – Faraday Future Intelligent Electric will be able to launch its FF91 luxury vehicle without the need for additional funding, Chief …
United States Attorney Alison J. Ramsdell announced that a Spearfish, South Dakota, woman convicted of Theft of Government Funds was sentenced on June 13, 2022, …
(Reuters) – Global equity funds have shed over 7% this month due to a slump in stock prices as higher inflation levels fuel worries about …
By Samuel Shen and Andrew Galbraith SHANGHAI – Shut out of the bond market and spurned by banks, a growing number of cash-starved Chinese local …
Vanessa Roberts Avery, United States Attorney for the District of Connecticut, announced that JOHN BERNARDO, 66, of West Haven, pleaded guilty today before U.S. District …
By David Dolan TOKYO – Toyota Motor Corp heads into its annual general meeting on Wednesday under fire from New York City and Danish pension …
BUFFALO, NY – An East Amherst man has pleaded guilty to grand larceny after he was accused of stealing funds from a youth baseball organization …
(Reuters) – The U.S. Securities and Exchange Commission is looking into Goldman Sachs Group Inc’s asset-management division over its funds that look to invest based …
(Reuters) – U.S. bond funds witnessed massive outflows in the week to June 8 after a weekly inflow, as a better-than-estimated payrolls report made the …
(Reuters) – Global investors resumed selling bond funds in the week to June 8, after purchasing them in the previous week, as strong employment numbers …
NEW ORLEANS, LA – U.S. Attorney Duane A. Evans announced that JOHN EDWARD JONES, age 42, of New Orleans, Louisiana, pled guilty to Theft of …
TUCSON, Ariz. – Last week, Sheldon Shaun Hibbert, 43, most recently of Orlando, Florida, was sentenced by U.S. District Judge Scott H. Rash to 48 …
SAN JUAN, Puerto Rico – After a six-day jury trial, former legislator Nestor Alonso-Vega was found guilty of nine counts of Federal Funds Theft, Kickbacks; …