Under Fired Commandant Fagan, Coast Guard Personnel Records Are A Mess, 9,000 at Risk, Service Announces
CAPE MAY, NJ -—The Coast Guard announced Thursday that approximately 8,900 of its military members are at risk of losing access to their Common Access Cards (CAC) due to a failure to…
Analysis: European dealmakers face shrinking debt options as recession risk looms
By Pamela Barbaglia and Yoruk Bahceli LONDON – European dealmakers are struggling to finance corporate takeovers as concern that the region’s economies may dip into recession is prompting debt investors to demand…
Ex-Goldman CEO Blankfein says recession possibility is ‘very high risk factor’
WASHINGTON – Former Goldman Sachs CEO Lloyd Blankfein said on Sunday he believes the economy is at risk of possibly going into a recession, as the U.S. Federal Reserve continues to raise…
Cass Freight Index sees ‘considerable’ U.S. freight recession risk
LOS ANGELES – A closely watched transportation report on Thursday said “the prospect of freight recession is now considerable” as the spending shift from goods to services accelerates, inflation erodes disposable income…
Russia warns West over risk of conflict with NATO
LONDON – One of President Vladimir Putin’s closest allies warned the West on Thursday that the increasing military support given to Ukraine by the United States and its allies risked triggering a…
Bank of Spain sees moderate immediate risk to banks from climate policies
By Jesús Aguado MADRID – Spain’s transition to cleaner energy could bring more notable risks to sectors with higher CO2 emissions, such as transport, manufacturing and agriculture, though any impact on banks…
Ship insurance claims to rise as Black Sea remains high risk area – Allianz
By Jonathan Saul (Reuters) – Global insurers are expected to receive multiple marine insurance claims from ships damaged or lost as the conflict in Ukraine spills over into sea lanes, insurer Allianz…
NZ cenbank reaffirms support for plans to tighten climate risk disclosures
(Reuters) – New Zealand’s central bank said on Tuesday it continues to support plans from an independent government body to strengthen climate-related disclosures by the country’s financial firms. Last year, New Zealand…
Fed says banks in good shape despite volatility, warns on prime broker risk
By Pete Schroeder WASHINGTON – The U.S. Federal Reserve said Friday the U.S. banking system remains strong despite heightened volatility and geopolitical risk, but cautioned them against prime brokerage services that come…
Bank of England raises rates to 1% despite looming recession risk
By William Schomberg and David Milliken LONDON, May 5 – The Bank of England raised interest rates to their highest since 2009 at 1% on Thursday to counter inflation now heading above…
Archegos risk chief resolves some U.S. SEC claims
NEW YORK – The former chief risk officer of Archegos Capital Management has partially settled U.S. Securities and Exchange Commission claims he aided a fraud at Bill Hwang’s private investment firm that…
Analysis-U.S. real rates up on hawkish Fed but inflation risk looms
By Davide Barbuscia NEW YORK – A jump in U.S. real yields back into positive territory is a sign that a hawkish Federal Reserve is succeeding in tightening some financial conditions, but…
Australian consumers spooked by rate risk, inflation -survey
SYDNEY – Australian consumer sentiment took a nose dive last week as a shockingly high reading in inflation fuelled concerns about the cost of living and possible rise in interest rates, a…
Market volatility, balance sheet surprises raise risk of bumpy Fed pivot
By Howard Schneider (Reuters) – The Federal Reserve is expected to approve plans next week to reduce a nearly $9 trillion balance sheet that ballooned as part of its efforts to fight…
Hackensack University Medical Center Offers an Innovative New Screening Option for Patients at High Risk for Pancreatic Cancer
Patients who are eligible will receive both an imaging test and a novel biomarker test that measures the immune system’s response to pancreatic disease in the blood. “The earlier cancer is detected,…
RENSI: Corporate America Should Stay Out Of Politics Or Risk Becoming The Next Disney
RENSI: Corporate America Should Stay Out Of Politics Or Risk Becoming The Next Disney Ed Rensi on April 26, 2022 At its annual meeting today, Bank of America shareholders are voting on…
Congress probe: U.S. military landlord put families at risk even after fraud plea
By Joshua Schneyer and M.B. Pell (Reuters) – Balfour Beatty Communities, one of the U.S. military’s largest private landlords, continues placing the health of service members and their families at risk even…
U.S. oilfield services firm Halliburton warns of risk to Russian assets
(Reuters) – U.S. oilfield services firm Halliburton Co on Friday warned it may face Russian government seizure of its $340 million in assets in the country and a future charge to earnings…
Russia faces risk of “orchestrated” default on state debt -VTB CEO
(Reuters) – Russia may face an “orchestrated” default on state debt due to Western sanctions which should not be seen as a technical default, the CEO of Russia’s second-largest lender VTB Andrey…
Analysis-Biden plan to aid Europe with LNG poses risk to US climate goals
By Nichola Groom and Valerie Volcovici WASHINGTON – U.S. President Joe Biden’s plan to expand liquefied natural gas (LNG) shipments to Europe to cut the region’s dependence on Russian fuel risks undermining…
Australia consumer mood undermined by rate risk, inflation
SYDNEY – A measure of Australian consumer sentiment slipped for a fifth straight month in April as rising inflation and the risk of higher interest rates weighed on family finances and spending…
FERRERO VOLUNTARILY RECALLS KINDER® HAPPY MOMENTS CHOCOLATE ASSORTMENT AND KINDER® MIX CHOCOLATE TREATS BASKET BECAUSE OF POSSIBLE HEALTH RISK
The voluntary recall is for two products in the U.S. Product Kinder Happy Moments Milk Chocolate and Crispy Wafers Assortment Kinder Mix Chocolate Treats Basket Size and Package Type 14.1 OZ (400g)…
Europe faces recession risk, so why are bond curves so steep?
By Yoruk Bahceli and Dhara Ranasinghe (Reuters) – The euro area economy is one of the most vulnerable to the fallout from Russia’s invasion of Ukraine, yet the message coming from its…
Analysis-Russia debt investors in limbo as default risk increases
By Davide Barbuscia, Alexandra Alper and Karin Strohecker NEW YORK/WASHINGTON/LONDON – Investors in Russia’s international bonds face an increasingly uncertain path to recover their money should Russia ultimately default, while the country…
Russia, China woes risk worst EM corporate default wave since financial crash – JPMorgan
By Marc Jones LONDON – JPMorgan has warned that the combination of Russia’s war in Ukraine and China’s ongoing property crash could see the worst wave of corporate defaults since the global…
Mexico finance panel notes risk of credit rating action on sovereign, Pemex
MEXICO CITY – Mexico’s financial stability council said on Wednesday that there is risk of credit rating action on the ratings for the sovereign and state oil firm Petroleos Mexicanos (Pemex). The…
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