Over 6,000 Homes Without Power in Toms River as Power Company Woes Continue
TOMS RIVER, NJ — Toms River residents are celebrating President’s Day Weekend the same way Abraham Lincoln and George Washington did, without power. As high winds swept through Ocean County this evening,…
Chinese developers say funding woes, local govt caution undermine pledges of support
By Clare Jim HONG KONG – China’s pledges to shore up its embattled property industry have done little to boost prospects for the sector, according to developers, with access to funding still…
Ukraine war creates woes, but also an opportunity for Africa -AfDB pres
By Joe Bavier JOHANNESBURG – The African Development Bank (AfDB) is aiming to raise $1 billion to rapidly ramp up agricultural production in Africa and stave off a potential food crisis brought…
JPMorgan cuts EM local currency debt to ‘underweight’ as Russia-Ukraine woes bite
By Jorgelina do Rosario LONDON – JPMorgan analysts have slapped a sell, or ‘underweight’, recommendation on emerging market local currency sovereign debt due to the global fallout from the Russia-Ukraine crisis. Emerging…
Soccer – World Cup woes continue for Italy’s European champions
By Peter Hall – Italy broke English hearts last July as they won the European Championship final but after failing to qualify for the World Cup for the second straight tournament they…
New Jersey’s Labor Commissioner Impeachment for Pandemic Fiasco, Unemployment Woes, Office Closures
TRENTON, NJ – Weeks after Governor Phil Murphy met with his peers at the National Governor’s Association’s annual convention, signaling an end to the pandemic phase of COVID-19, New Jersey’s Department of…
Supply woes lift Palladium to 7-month peak, gold firms on Ukraine crisis
By Brijesh Patel – Palladium extended gains to a more than seven-month high on Thursday, spurred by concerns over supply shortages following harsh sanctions on top-producer Russia, while the Ukraine crisis and…
Analysis-Russian ransomware attacks on Ukraine muted by leaks, insurance woes
By James Pearson and Raphael Satter LONDON/WASHINGTON – Warnings that pro-Russian ransomware gangs would snarl networks in Ukraine and its allies have so far failed to materialise amid disarray among the criminal…
Kellogg’s labor strike to eat into margins as supply woes mount
By Mehr Bedi – A nearly three-month long labor strike at Kellogg’s U.S. cereal plants is expected to dent profit margins already under pressure from steep costs driven by global supply logjams.…
‘Tsunami’ of woes: U.S. school shootings spike amid pandemic stress
By Brad Brooks – A 19-year-old former student was shot and killed after a high school basketball game a week ago in Beloit, Wisconsin. On Monday, a shooting outside Chaparral High School…
Honeywell’s revenue misses estimates on supply woes, lower mask demand
-Honeywell International Inc reported lower-than-expected quarterly sales on Thursday, hit by supply chain challenges at its aerospace segment and a fall in demand for masks. The company, whose shares fell 2.7% before…
Chocolate Easter bunnies under threat due to supply woes warn German makers
HAMBURG – Tight supplies of commodities including sugar and cocoa plus global logistics problems could hit production of chocolate Easter bunnies, Germany’s confectioners warned on Thursday. “The market for important raw materials…
Breaking News
