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Tag:

Million

  • Financial News

    S.Africa retailer Pick n Pay to cut $187 million in costs in 3 years

    by Reuters May 17, 2022
    by Reuters May 17, 2022

    By Nqobile Dludla JOHANNESBURG – South African grocery and clothing retailer Pick n Pay aims to cut costs by 3 billion rand ($187 million) in the next three years and …

  • Financial News

    Citi, UK’s BII agree $100 million risk-sharing lending deal for Africa

    by Reuters May 17, 2022
    by Reuters May 17, 2022

    LONDON -British International Investment (BII) and U.S. bank Citigroup Inc have signed a $100 million risk-sharing facility aimed at boosting lending to small businesses across Africa by up to four …

  • Financial News

    IMF and Niger reach staff-level agreement on $53 million loan

    by Reuters May 17, 2022
    by Reuters May 17, 2022

    DAKAR – The International Monetary Fund (IMF) and Niger have reached a staff-level agreement on a first programme review that will allow for a disbursement of about $53 million if …

  • Financial News

    Trump’s social media app may raise up to $50 million before deal closes -filing says

    by Reuters May 16, 2022
    by Reuters May 16, 2022

    By Echo Wang (Reuters) – Former U.S. President Donald Trump’s new social media venture disclosed in a regulatory filing on Monday it may raise up to $50 million through convertible …

  • Department of Justice Press Releases

    Washington Man Sentenced to 33 Months in Prison and Ordered to Pay $3.2 Million Dollars for Kickback Scheme

    by DOJ Press May 16, 2022
    by DOJ Press May 16, 2022

    SALT LAKE CITY – Nan Ma, 39, of Washington, Utah, was sentenced by a U.S. District Court Judge in St. George, Utah, to serve 33 months in federal prison for …

  • Department of Justice Press Releases

    Oklahoma City Hospital Pays Over $1.1 Million to Settle Allegations of Submitting False Claims to Medicare

    by DOJ Press May 16, 2022
    by DOJ Press May 16, 2022

    OKLAHOMA CITY – Oklahoma Heart Hospital South, LLC (“OHHS”), has paid $1,151,770.50 to settle civil claims stemming from allegations it violated the False Claims Act by submitting false claims to Medicare, …

  • Department of Justice Press Releases

    Starkville Man plead guilty to a scheme involving more than $6 million in COVID-Relief Fraud

    by DOJ Press May 16, 2022
    by DOJ Press May 16, 2022

    STARKVILLE, Miss. – A Starkville man pleaded guilty today to one count of wire fraud in connection with a scheme to defraud the Paycheck Protection Program (PPP) of more than …

  • Financial News

    Sri Lanka needs $75 million in next few days for essential imports – PM

    by Reuters May 16, 2022
    by Reuters May 16, 2022

    COLOMBO – Sri Lanka’s prime minister said on Monday the country needed to secure $75 million in foreign exchange in the next few days to pay for essential imports, as …

  • Financial News

    Taliban’s first annual Afghan budget foresees $501 million deficit

    by Reuters May 14, 2022
    by Reuters May 14, 2022

    By Mohammad Yunus Yawar KABUL – Afghanistan faces a budget deficit of 44 billion Afghanis ($501 million) this financial year, the country’s Taliban authorities said on Saturday without clarifying how …

  • Financial News

    Ford sells shares in EV maker Rivian for $188.2 million

    by Reuters May 13, 2022
    by Reuters May 13, 2022

    (Reuters) – Ford Motor Co sold 7 million shares of electric carmaker Rivian Automotive Inc for about $188.2 million, or $26.88 apiece, the U.S. automaker said in a filing on …

  • Financial News

    Goldman Sachs officials reach $79.5 million shareholder settlement over 1MDB scandal

    by Reuters May 13, 2022
    by Reuters May 13, 2022

    By Jonathan Stempel NEW YORK – Goldman Sachs Group Inc officers and directors reached a $79.5 million settlement to resolve shareholder claims that their poor oversight contributed to the bank …

  • Department of Justice Press Releases

    CEO Of Private Equity Fund Sentenced To 97 Months For $133 Million Bank And Securities Fraud Scheme

    by DOJ Press May 13, 2022
    by DOJ Press May 13, 2022

    Damian Williams, the United States Attorney for the Southern District of New York, announced that defendant ELLIOT SMERLING was sentenced to 97 months in prison for a multi-year bank and …

  • Financial News

    Judge OKs $16 million fine against Kraft, Mondelez to settle CFTC complaint, agency says

    by Reuters May 13, 2022
    by Reuters May 13, 2022

    (Reuters) – A federal judge on Friday ordered food consumer companies Kraft Heinz and Mondelez International pay a $16 million fine as part of a settlement with the U.S. Commodity …

  • Breaking NewsLottery WinnersPennsylvania News

    $3 Million Scratch-off Sold In Philadelphia

    by Kristen Harrison-Oneal May 13, 2022
    by Kristen Harrison-Oneal May 13, 2022

    MIDDLETOWN, PA — One lucky scratch-off ticket won $3 million. This ticket was “my three million” and was purchased in Philadelphia. Acme Markets, on Snyder Avenue, Philadelphia, sold the winning ticket. …

  • Department of Justice Press Releases

    Construction Company Agrees to Pay $2.8 Million to Resolve Allegations of Small Business Subcontracting Fraud

    by DOJ Press May 13, 2022
    by DOJ Press May 13, 2022

    Spokane, Washington – Hensel Phelps Construction Company (Hensel Phelps), a large construction company headquartered in Greeley, Colorado, has agreed to pay $2,804,110, to resolve allegations that it improperly manipulated a …

  • Business News

    U.S. Bus Market Size To Cross $11,237.7 Million by 2030, says P&S Intelligence

    by Your News May 13, 2022
    by Your News May 13, 2022

    NEW YORK, May 13, 2022 — The U.S. bus market was worth $7,453.4 million in 2021, which is projected to reach $11,237.7 million by 2030, rising at a 4.7% CAGR …

  • Financial News

    Germany to earmark 430 million euros for fighting world hunger

    by Reuters May 13, 2022
    by Reuters May 13, 2022

    BERLIN – Germany is planning to provide an additional 430 million euros ($446.5 million) in aid to fight world hunger, the Development Ministry said on Friday, confirming an earlier report …

  • Department of Justice Press Releases

    CEO Of Cryptocurrency And Forex Trading Platform Charged With Fraudulent Scheme Involving Over $59 Million

    by DOJ Press May 12, 2022
    by DOJ Press May 12, 2022

    Damian Williams, the United States Attorney for the Southern District of New York, and Michael J. Driscoll, Assistant Director-in-Charge of the New York Field Office of the Federal Bureau of …

  • Department of Justice Press Releases

    Toledo Area Physician Charged with Fraudulently Billing More Than $8.4 Million to Medicare

    by DOJ Press May 12, 2022
    by DOJ Press May 12, 2022

    Acting U.S. Attorney Michelle M. Baeppler announced that a federal grand jury returned a six-count indictment charging Ankita Singh, 39, formerly of Maumee, Ohio, with fraudulently billing Medicare $8.4 million. …

  • Financial News

    KPMG faces $18 million misconduct fine for misleading regulator

    by Reuters May 12, 2022
    by Reuters May 12, 2022

    By Kirstin Ridley LONDON – KPMG faces a 14.4 million pound ($17.6 million) fine after admitting it misled regulators during spot checks on audits of construction group Carillion and software …

  • Department of Justice Press Releases

    Construction Company Agrees to Pay $2.8 Million to Resolve Allegations of Small Business Subcontracting Fraud

    by DOJ Press May 12, 2022
    by DOJ Press May 12, 2022

    ALBANY, NEW YORK – Hensel Phelps Construction Company (Hensel Phelps), a large construction company headquartered in Greeley, Colorado, has agreed to pay $2,804,110 to resolve allegations that it improperly manipulated a …

  • Department of Justice Press Releases

    Agents Seize Over $2 Million in U.S. Currency and More Than 10,000 Diverted Oxycodone Pills

    by DOJ Press May 12, 2022
    by DOJ Press May 12, 2022

    LONDON, Ky. – Investigators from the DEA Criminal Diversion Group, the Kentucky Attorney General’s Office, the Barbourville Police Department, the Clay County Sheriff’s Office, and the Manchester Police Department arrested …

  • Financial News

    Chainalysis raises $170 million in 6th funding round with $8.6 billion valuation

    by Reuters May 12, 2022
    by Reuters May 12, 2022

    NEW YORK – Chainalysis, the New York-based blockchain data platform company, said on Thursday it had raised $170 million of new funding, bringing its valuation to $8.6 billion. The funding …

  • Financial News

    Exclusive-India tax authority froze $478 million of Xiaomi funds in February-sources, document

    by Reuters May 12, 2022
    by Reuters May 12, 2022

    By Aditya Kalra and Munsif Vengattil NEW DELHI – Indian tax officials froze $478 million worth of deposits lying in local bank accounts of China’s Xiaomi Corp in February as …

  • Financial News

    Chinese city offers Nobel Prize winners $1.5 million housing subsidies

    by Reuters May 12, 2022
    by Reuters May 12, 2022

    BEIJING – The industrialised Chinese coastal city of Wuxi is offering Nobel Prize winners up to 10 million yuan ($1.48 million) in housing subsidies to attract top talent in a …

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