Letter: Resident of Ocean County Domestic Violence Shelter Raises Red Flag
I have been a resident at Providence House in Toms River, NJ for the past two months, and I am writing to expose the truth about what happens inside this shelter — a place that…
Japan April report raises view on consumption, economy, despite inflationary pressures
TOKYO – Japan’s government upgraded its view of the economy for the first time in four months in April as authorities turned more optimistic about the outlook for private consumption following the…
Japan raises gasoline subsidy to maximum of 25 yen per litre
TOKYO – Japan raised its gasoline subsidy for oil distributors to the maximum figure of 25 yen ($0.1944) a litre for the seven days from April 21, up from 20.3 yen a…
Taiwan’s TSMC raises $3.5 billion in bonds for new U.S. plant
TAIPEI – Taiwanese chip firm TSMC has raised $3.5 billon in bonds for its new plant in the U.S. state of Arizona, according to a term sheet. Taiwan Semiconductor Manufacturing Co Ltd,…
Verizon raises minimum wage to $20 an hour for U.S employees
(Reuters) – U.S. wireless carrier Verizon Communications Inc said on Monday it would raise the minimum wage of its new and existing customer service, retail and inside sales employees to $20 an…
UnitedHealth says deferred care demand not as high as feared, shares rise
By Amruta Khandekar and Bhanvi Satija (Reuters) -UnitedHealth Group Inc on Thursday modestly raised its 2022 profit forecast, saying demand for healthcare procedures deferred during the pandemic was approaching normal levels but…
Australia’s Graincorp raises profit view on Ukraine conflict-led shortage
By Harshita Swaminathan (Reuters) – Graincorp said on Friday it expects underlying profit for fiscal 2022 to be around 2.5 times that of last year, as the Australian agribusiness firm benefits from…
Walmart’s Flipkart raises IPO valuation target to $60-70 billion, eyes 2023 listing-sources
By Aditya Kalra, Aftab Ahmed and Anirban Sen NEW DELHI – Walmart’s Indian e-commerce company Flipkart has internally raised its IPO valuation target by around a third to $60-70 billion, and now…
Gwyneth Paltrow, Cameron Diaz-backed Evernow raises $28.5 million
By Bhanvi Satija (Reuters) – A group of celebrity investors including Gwyneth Paltrow, Cameron Diaz and Drew Barrymore are backing telehealth startup Evernow, which raised $28.5 million in funding. Evernow focuses on…
Colombia central bank raises rate to 5%, less than expected
By Nelson Bocanegra and Julia Symmes Cobb BOGOTA – Colombia’s central bank board raised the benchmark interest rate by 100 basis points to 5% on Thursday, significantly lower than expected even amid…
Biden wants $813 billion for defense as Ukraine crisis raises alarm
By Mike Stone WASHINGTON – President Joe Biden’s record peacetime national defense budget request of $813 billion boasts a 4.6% pay raise for troops and the largest research and development budget in…
Yacht maker Ferretti raises $243 million in Hong Kong IPO
SYDNEY – Italian luxury yacht maker Ferretti Group has priced its shares at HK$22.88 each, the lower end of its proposed range, to raise HK$1.9 billion ($242.75 million) in its Hong Kong…
Goldman raises U.S. Treasury yield forecasts on more hawkish Fed
– Goldman Sachs said on Thursday that it has raised its forecasts on U.S. Treasury yields for this year, citing more broad-based and persistent price pressures and a more hawkish pivot by…
Moderna raises full-year COVID vaccine sales forecast to $21 billion
– Moderna Inc on Thursday raised its full-year forecast for sales of its COVID-19 vaccine to roughly $21 billion from $19 billion. The company in February forecast sales of $19 billion from…
Deutsche Bank’s U.S. affiliate, following the Fed, raises prime lending rate
– Germany’s Deutsche Bank AG said on Thursday its U.S. affiliate had increased its prime lending rate by 25 basis points, mirroring moves by major Wall Street banks after the Federal Reserve…
RISC-V chip technology firm SiFive raises $175 million, valued at $2.5 billion
By Jane Lanhee Lee – SiFive, Inc., a RISC-V chip technology startup in Silicon Valley, said on Wednesday it raised $175 million in its latest round of funding and is now valued…
Ukraine raises $185 million at debt auction for war effort, says finance ministry
LVIV, Ukraine – Ukraine raised 5.4 billion hryvnias ($185 million) on Tuesday at a third auction of local one-year bonds to raise money for its fight against Russian forces, the finance ministry…
Russian central bank raises 1.4 trln roubles at 1-day deposit auction
– Russia’s central bank on Monday said it had raised 1.4 trillion roubles ($12.44 billion) at one-day “fine-tuning” deposit auction. The bank earlier on Monday provided banks with 2.1 trillion roubles at…
Deutsche Bank raises profit target for 2025
FRANKFURT – Deutsche Bank is aiming for higher annual revenue and a lower cost-to-income ratio by 2025, Germany’s largest lender said on Thursday as it mapped out its financial plans for the…
Russia draft law raises doubt over fate of $10 billion of jets
By Tim Hepher and Jamie Freed – Russia published a draft law on Thursday that could prevent its airlines returning leased aircraft, raising the stakes in a showdown with Western finance over…
ECB raises inflation forecasts, cuts growth outlook amid Ukraine conflict
FRANKFURT – The European Central Bank raised its inflation projections on Thursday but cut its growth outlook as the conflict in Ukraine is likely to keep commodity prices high, sapping households’ purchasing…
Analysis-TD’s $13 billion M&A swoop extends U.S. footprint but raises cost, integration concerns
By Nichola Saminather TORONTO – TD Bank’s planned $13.4 billion purchase of First Horizon Corp would give it access to one of the fastest growing regions in the United States, but some…
Ukraine raises $273 million at debt auction for war effort, says finance ministry
LVIV – Ukraine raised 8.1 billion hryvnias ($273 million) on Tuesday at its first bond auction to raise money for its fight against Russia, the finance ministry said in a statement. After…
Serena Williams’ new venture fund raises $111 million
– Tennis great Serena Williams raised $111 million for her new early stage venture capital firm Serena Ventures, according to the fund’s blog post on Tuesday. The company has invested in fintechs…
EV battery startup ONE raises $65 million to speed U.S. plant plans
By Paul Lienert Mar 1 – Startup Our Next Energy said a new $65 million funding round will enable it to accelerate development of a long-range battery and begin evaluating potential sites…
Toms River Police Department Raises $15,000 for Special Olympics at Annual Polar Bear Plunge
SEASIDE HEIGHTS, NJ – On Saturday temperatures were frigid and the Atlantic Ocean was even colder, but that didn’t stop members of the Toms River Police Department’s plunge team from taking the…
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