Philippine peso bills | INQUIRER.net stock photo MANILA, Philippines — The Philippines plunged further on Thursday closing at 54.7 against the greenback, according to the Bank Association of the Philippines’ (BAP) foreign exchange summary. This puts the local currency at its weakest since November 11, 2005, when the Philippine peso closed at 54.71 versus the […]
OHIO CO., Ky. (WFIE) – Several people were arrested on drug charges after officials searched a Beaver Dam business. The sheriff’s office and the Pennyrile Narcotics Task Force executed a search warrant on Tuesday at S and S Cycles. Detectives say four people were inside with a large amount of drugs and guns. Officials say […]
(WDBJ) – A former Lynchburg business owner will spend more than three years behind bars after embezzling hundreds of thousands of dollars. Timothy Penick pled guilty to wire fraud last year after he embezzled more than $550,000 dollars through his business Lighthouse Properties of Virginia. The real estate management company stole money from clients by […]
Newsfrom Japan Economy Jun 23, 2022 11:42; updated Jun 23, 2022 11:43 (JST) Tokyo stocks were flat Thursday morning as buying of transportation issues amid hopes for increased travel demand was offset by selling triggered by worries over the U.S. economy. The 225-issue Nikkei Stock Average fell 2.84 points, or 0.01 percent, from Wednesday to […]
The National Association of Counties (NACo) will host three webinars on how to “vote like a pro” during their Annual Business Meeting. NACo’s 2022 Annual Conference is scheduled for July 21-24 in Adams County, Colorado. During the Annual Business meeting, counties, parishes, and boroughs set NACo’s national policy agenda, elect officers and conduct other association […]
U.S. stocks end down; MSCI global stock index also lower Powell says committed to bringing down inflation Dollar slips NEW YORK, June 22 (Reuters) – Major U.S. stock indexes ended down slightly Wednesday, losingearly gains tied to remarks by Federal Reserve Chair Jerome Powell that the U.S. central bank is “strongly committed” to bringing down […]
Dive Brief: Amazon has named Doug Herrington, a longtime company executive who helped establish its grocery-delivery business, as CEO of its Worldwide Amazon Stores division, the retailer announced Tuesday. Herrington will replace Dave Clark as head of the unit, formerly known as Amazon Consumer. Clark is leaving Amazon July 1 to become chief executive of […]
Federal Reserve Chair Jerome Powell touted the strength of the U.S. economy Wednesday and expressed confidence it can handle the central bank’s higher interest rates despite rising fears of a recession among economists. Testifying before the Senate Banking Committee, Powell acknowledged the U.S. faces serious challenges in curbing inflation and navigating an “extraordinarily challenging and uncertain […]
From left, JWC Foundation founders Melody Short, Rasheeda Creighton and Kelli Lemon. The foundation, which offers resources to black entrepreneurs to start and grow their businesses, plans to launch a new accelerator program in September. (Photo courtesy of JWC Foundation) Shortly after bringing their incubator program under the umbrella of a new nonprofit, the founders […]
Here is what you need to know on Wednesday, June 22: The dollar is capitalizing on safe-haven flows early Wednesday and gathering strength against its major rivals. Investors grow increasingly concerned over a global recession as major central banks remain on track to continue to tighten their policies to battle inflation. FOMC Chairman Jerome Powell will […]
