Tax credit for tech investors could triple under proposed New Jersey bill
TRENTON, N.J. — A new bill introduced in the New Jersey Senate would triple the state’s tax credit for investments in emerging technology startups, aiming to stimulate early-stage funding in smaller high-tech…
In Colombia, land occupations raise tensions and spook investors
By Nelson Bocanegra CORINTO, Colombia (Reuters) – A machete slung across his chest, sugarcane worker Aldemar Moreno guards the entrance to the farm where he has been employed for 23 years, ready…
Former Washington state resident indicted for defrauding investors and marijuana businesses
Seattle – A 42-year-old Las Vegas man, who previously lived in Bellevue, Washington, is facing a 25-count indictment charging him with wire fraud and securities fraud, announced U.S. Attorney Nick Brown. Justin…
Audit breakthrough fails to lure investors into China ADRs
By Summer Zhen HONG KONG (Reuters) – Global fund managers have been selling U.S.-listed Chinese stocks and the index tracking them is sagging badly, suggesting progress toward resolving disputes over their accounts…
Bed, Bath & Beyond investors watching merchandise mix during sales slump
By Arriana McLymore NEW YORK, NY (Reuters) – Bed Bath & Beyond investors will be closely watching the home goods retailer’s second quarter earnings on Thursday for clues as to how customers…
Some investors backing out of SPAC merging with Trump’s media firm
(Reuters) – Some investors are backing out of Digital World Acquisition Corp’s plan to acquire former U.S. President Donald Trump’s social media firm Truth Social, the blank-check firm said on Friday. Digital…
Investors dump global bond and equity funds in the week ended Sep.21
(Reuters) – Investors withdrew money from global bond and equity funds in the week ended September 21, with caution creeping in ahead of the U.S. Federal Reserve meeting in which further rate…
Analysis-‘It’s a car with broken brakes’: investors see unrelenting yen descent
By Kevin Buckland and Rae Wee TOKYO/SINGAPORE (Reuters) – Japan’s threats of currency intervention might slow but not stop the yen from hurtling towards three-decade lows before the year end, market analysts…
Monte dei Paschi investors back latest cash call in stormy markets
By Silvia Ognibene and Valentina Za SIENA, Italy (Reuters) -Shareholders in Monte dei Paschi di Siena (MPS) on Thursday approved a new share sale for up to 2.5 billion euros ($2.5 billion),…
Investors with $39 trillion urge government to plan fossil fuel phase out
By Ross Kerber and Simon Jessop BOSTON/LONDON (Reuters) – Investors managing $39 trillion have called on governments to raise their climate ambition, including setting plans to phase out fossil fuel use and…
SEC charges VMware with misleading investors by obscuring financial performance
By Kanishka Singh WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission said on Monday it has charged cloud computing company VMware Inc with misleading investors by obscuring its financial performance. The…
Investors must wait for Brazil election for fiscal clarity -Credit Suisse executive
By Paula Arend Laier SAO PAULO (Reuters) – Investors seeking clarity about the future of Brazil’s fiscal policy from 2023 on must wait for the outcome of October’s presidential election, said the…
Russia restricts retail investors’ access to foreign shares
MOSCOW (Reuters) – Russia will gradually limit private investors’ access to foreign shares issued by companies from designated “unfriendly” countries, the central bank said on Tuesday, citing the need to minimise investors’…
Analysis-Novartis CEO may struggle to rally investors to Sandoz spin-off
By Natalie Grover LONDON (Reuters) – Novartis CEO Vas Narasimhan could struggle to woo investors to the listing of generics drugs business Sandoz, as weaker drug prices and jittery financial markets present…
Investors see no Fed pivot, brace for hawkish Powell message in Jackson Hole
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Investors are bracing for the Federal Reserve to double down on its commitment to crushing inflation, and expect its chair Jerome Powell at the annual…
Online Trading School Defrauded New Jersey Investors, Attorney General Alleges in Order
by NJ Attorney General Matt Platkin NEWARK – Acting Attorney General Matthew J. Platkin today announced that the New Jersey Bureau of Securities (“the Bureau”) issued a civil Summary Penalty and Cease…
Former CEO Of Email Security Company Pleads Guilty To $50 Million Scheme To Defraud Investors And Lenders
Damian Williams, the United States Attorney for the Southern District of New York, announced today that ROBERT BERNARDI, the founder, and former Chief Executive Officer of the Virginia-based email security company GigaMedia…
China’s first publicly traded rental property REITs snapped up by investors
SHANGHAI (Reuters) – China’s first batch of publicly traded rental property real estate investment trusts (REITs) was snapped up in Shanghai and Shenzhen by yield-hungry investors this week, opening up a new…
Marketmind: Investors eye Aussie jobs data, digest Fed minutes
(Reuters) – A look at the day ahead in Asian markets from Jamie McGeever An insight into health of Australia’s labor market is the main focal point for markets in Asia on…
Analysis-Oil prices turn more volatile as investors exit the market
By Stephanie Kelly and Noah Browning NEW YORK/LONDON (Reuters) – Traders and fund managers have left crude oil markets in recent months, dropping activity to a seven-year low amid the worst global…
More pain or rebound? Investors brace for retail earnings
By Uday Sampath Kumar and Siddharth Cavale (Reuters) – Walmart Inc and Target Corp kick off retail earnings this week, and what the two biggest U.S. retailers say about consumers will likely…
Robert Lenard Booth Sentenced To Ten Years For Defrauding Investors Of Over $2 Million In International Boiler Room Scheme
Damian Williams, United States Attorney for the Southern District of New York, announced today that ROBERT LENARD BOOTH, a/k/a “Trevor Nicholas,” was sentenced to ten years in prison for defrauding investors of…
South Bay Man Indicted for Alleged Scheme that Used Name of Famous Television Production Company to Swindle Investors
LOS ANGELES – A South Bay man was charged today in a federal grand jury indictment alleging he used the “Desilu” name – the same name used by Lucille Ball and…
Bed Bath & Beyond jumps as retail investors chase highly shorted stocks
By Medha Singh (Reuters) – Shares of Bed Bath & Beyond Inc jumped 39.0% on Monday as retail investors flocked to the highly shorted stock of the home goods maker, likely piling…
Russia keeps investors from ‘unfriendly’ nations frozen out
(Reuters) – Russia’s central bank announced steps on Monday aimed at preventing investors from “unfriendly” countries from taking advantage of plans to allow those from “friendly” nations to resume trading on the…
Japanese investors were big buyers of foreign equities in July
(Reuters) – Japanese investors purchased heavily in foreign equities in July, as global stocks rebounded last month on the back of positive earnings and hopes of less aggressive monetary tightening measures from…
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