Rodrick Cuts Budget 9% – No Municipal Tax Increase
On June 30th, Mayor Rodrick and the Toms River Township Council presented a budget for 2025 that has a 9% reduction in overall spending while maintaining a zero percent tax increase. The…
U.S. Air Force secretary: China’s actions around Taiwan increase risk
TAIPEI (Reuters) – U.S. Air Force Secretary Frank Kendall said on Friday that China’s actions around Taiwan increase the level of risk and he hoped that China’s behaviour returns to the norms…
Colombia to increase 2023 budget proposal, eyes more debt swaps
BOGOTA (Reuters) – Colombian President Gustavo Petro’s administration will send a proposal to increase the government’s budget for 2023 in the coming weeks to bolster social programs, Finance Minister Jose Antonio Ocampo…
U.S. business inventories increase solidly in June
WASHINGTON (Reuters) – U.S. business inventories increased strongly in June amid signs of a large buildup of stocks in the retail sector despite a pickup in sales. Business inventories rose 1.4% after…
Credit Suisse investor Harris says stake increase reflects reporting change
ZURICH – Credit Suisse shareholder Harris Associates’ increased holding in the Swiss bank reflected an adjustment in how it reports stakes to the U.S. regulator, Finanz und Wirtschaft reported its Chief Investment…
Ukraine sees big increase in agriculture exports in July
KYIV – Ukraine’s grain, oilseed, vegetable oil exports rose 22.7% in July versus June to 2.66 million tonnes thanks to higher wheat and barley shipments, the agriculture ministry said on Wednesday. Ukraine’s…
Europe to consider “dose-sparing” to increase monkeypox vaccine, WHO seeks trials
By Natalie Grover and Jennifer Rigby LONDON – Health officials in Europe are discussing whether to follow a move by the United States to stretch out scarce monkeypox vaccine supplies, with the…
New Jersey’s Plastic Bag Ban Leads to Rampant Increase in Theft of Shopping Baskets
TRENTON, NJ – Never mind the piles of heavy-duty reusable bags piling up in your laundry room or garage because you always forget to bring them with you to go shopping, but…
Adidas posts 28% decline in Q2 operating profit despite sales increase
BERLIN – Adidas on Thursday said operating profit fell by 28% in the second quarter to 392 million euros ($398.43 million), as results suffered from suspending business in Russia, higher supply chain…
White house says Biden focus is on keeping oil prices down after OPEC+ output increase
WASHINGTON – The Biden administration is focused on keeping oil prices down, the White House said on Wednesday after OPEC+ members decided top raise oil output by 100,000 barrels per day, an…
Brazil’s Raia Drogasil posts 48% increase in Q2 adjusted net profit
(Reuters) – Brazilian pharmacy chain Raia Drogasil SA posted on Friday a 48% increase on its second-quarter adjusted net profit. The company’s profit rose to 343.746 million reais ($66.46 million)in the quarter.…
Fed’s Powell: Another ‘unusually large’ rate increase may be warranted at next meeting
(Reuters) – Another “unusually large” increase in interest rates may be appropriate at the Federal Reserve’s September meeting, but the decision will be determined by the incoming economic data between now and…
Russian economy declines 4% y/y in Q2 after 3.5% y/y increase in Q1 -econ ministry
MOSCOW – The Russian economy declined by 4.0% year-on-year in the second quarter of 2022 after a 3.5% rise in the previous three months, the economy ministry said on Wednesday. The first…
U.S. goods trade deficit narrows sharply in June; inventories increase
WASHINGTON – The U.S. trade deficit in goods narrowed sharply in June amid a surge in exports, which could potentially calm fears that the economy contracted again in the second quarter. The…
AfDB seeks to increase concessional funding to fragile African economies
By Ahmed Eljechtimi MARRAKECH, Morocco – The African Development Bank (AfDB) is seeking additional capital for its fund offering infrastructure finance at cheap rates to low-income and fragile African economies, the bank’s…
U.S. business inventories increase strongly in May
WASHINGTON – U.S. business inventories increased strongly in May, outpacing the growth in sales, government data showed on Friday. Business inventories rose 1.4% after climbing 1.3% in April, the Commerce Department said.…
GreenPower Reports Revenue of $17.2 Million for Fiscal Year Ended March 31, 2022, an Increase of 30% Over Last Year
VANCOUVER, BC, July 1, 2022 — GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) (“GreenPower” or the “Company”), a leading manufacturer and distributor of zero-emission, electric-powered, medium and heavy-duty vehicles, today announced fourth…
New Jersey Legislators Say Murphy Administration Hiding Massive Debt Increase
by New Jersey Senate Budget Chairman Paul Sarl Saying it’s clear that New Jersey Treasurer Elizabeth Maher Muoio intentionally misled legislators on behalf of the Murphy administration to hide the state’s rapidly…
Inflation and recession dominate outlook, increase risk of accidents – PIMCO
By Davide Barbuscia NEW YORK – Central banks’ focus on fighting persistently high inflation could lead to a recession over the next two years and raise the risk of ‘financial accidents’, U.S.…
Jackson Police to Increase Traffic Enforcement Details During June and July
JACKSON TOWNSHIP, NJ – The Jackson Township Police Department today said they will be conducting increased traffic details in an attempt to prevent motor vehicle crashes in June and July. According to…
Zeus Invests in Global Expansion Program to Increase Catheter Manufacturing Capacity
ORANGEBURG, S.C., June 21, 2022 — Zeus, the global leader in advanced polymer solutions, today announced a multi-million dollar investment to expand its catheter manufacturing capacity worldwide. The first phase of the…
Lakewood Mayor Says Town Experiencing Large Increase in Illegal Fireworks Use
LAKEWOOD, NJ – As the Fourth of July approaches and the official start to summer draws near, Lakewood Township Mayor Ray Coles (D) says the town is experiencing a ‘large increase’ in…
Rates on U.S. 30-year mortgages see biggest one-week increase since 1987
NEW YORK – U.S. housing finance giant Freddie Mac said on Thursday the average contract rate on a 30-year fixed-rate mortgage rose by more than half a percentage point to 5.78%, the…
Novak says Russia can increase oil production in July
(Reuters) – Russia plans to increase oil production next month as export flows are being redirected to avoid Western sanctions, energy officials said on Thursday, predicting domestic oil output would be either…
Diabetes may increase long COVID risk; COVID while pregnant linked to baby brain development issues
By Nancy Lapid (Reuters) – The following is a summary of some recent studies on COVID-19. They include research that warrants further study to corroborate the findings and that has yet to…
WHO asks countries to increase surveillance for Monkeypox
(Reuters) – About 200 confirmed and more than 100 suspected cases of Monkeypox have been detected so far outside of the countries where it usually spreads, a World Health Organization official said…
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