Author: Press Room

Check out the companies making headlines in after-hours trading: Adobe — The software vendor’s shares slipped around 3% after the company issued an outlook for the fiscal second quarter that failed to impress investors. Adobe said revenue for the period would range between $4.27 billion and $4.30 billion, compared to the StreetAccount consensus estimate of $4.29 billion. Adjusted earnings are expected to land between $4.95 and $5 a share, while analysts sought $5 per share. American Eagle Outfitters — American Eagle issued weak guidance , leading shares about 5% lower. For the current quarter, the company expects to see a…

President Trump is no fan of the European Union. He has repeatedly claimed that the bloc was created to “screw” America, has pledged to slap big tariffs on its cars, and this week enacted global steel and aluminum levies that are expected to hit some $28 billion in exports from the bloc.But for months, E.U. officials hoped that they could bring the American president around, avoiding a painful trade war. They tried placating the administration with easy wins — like ramped-up European purchasing of U.S. natural gas — while pushing to make a deal.It is now becoming clear that things…

The arrest of Mahmoud Khalil , a green card holder and former Columbia University student involved in pro-Palestinian campus protests in 2024, is raising questions about the rights of permanent residents in the United States. Immigration and Customs Enforcement agents arrested Khalil , a lawful U.S. resident married to an American citizen, in New York on March 8. He is currently being held in Louisiana. Khalil has not been charged with a crime. The Trump administration argues it can deport him on foreign policy grounds.Here’s what to know about the rights of green card holders: What is a green card? A green…

A U.S. Customs and Border Protection official in Detroit has been charged in a scheme to defraud the Federal Emergency Management Agency and with making false statements to federal officials, the authorities announced on Wednesday.A criminal complaint against the official, Serina Baker-Hill, was unsealed on Wednesday, the U.S. attorney’s office for the Eastern District of Michigan said in a news release. Ms. Baker-Hill, 55, is a career customs employee and the director of an agency center focused on the automotive and aerospace industries. She was arrested and later released on bond, according to a spokeswoman for the U.S. attorney’s office.…

Resources Minister Madeleine King has hosed down North West shelf approvals pressure and threats made by JERA about ditching local LNG over red tape, saying the Japanese giant has a “habit” of raising concerns.

Russell Wilson will be back on the prowl for his next NFL team like he was in 2024, as he’s reportedly set to meet with two quarterback-needy franchises. The Cleveland Browns and New York Giants, owners of the No. 2 and 3 overall picks in the 2025 NFL Draft respectively, will bring in the 36-year-old veteran signal caller for a meeting to see if he may be the right fit next season.According to multiple reports, the Browns will have the first meeting on Thursday, followed by the Giants on Friday.  Russell Wilson is reportedly set to meet with two quarterback-needy franchises. …

When the labour services company noticed the salary had not been deposited into Sun’s account, Yang claimed the tech company had delayed payment. Since 2014, he fabricated records for 22 fake employees, and pocketed salaries and severance pay totalling 16 million yuan. The ghost employees’ individual salaries were not disclosed. In 2022, the tech company’s finance department noticed that Sun had perfect attendance and received timely salaries, but no one had ever seen him in the office. The matter was reported to the authorities. An investigation into attendance records and bank transactions revealed Yang’s eight-year ghost employee scam. Yang was…

These are the key developments on day 1,113 of Russia’s war on Ukraine.Here is the situation on Thursday, March 13: Fighting Ukrainian officials say Russia fired a slew of missiles and drones overnight, with one attack on Kryvyi Rih killing a 47-year-old woman and injuring nine others, while an attack on Odesa killed four. Russia has claimed major gains in the Kursk region with Russia’s Ministry of Defence reporting the capture of five more villages, and Kremlin spokesman Dmitry Peskov saying that “the dynamics are good”. Chief of the General Staff of the Russian Armed Forces Valery Gerasimov said that…

The decision appears to conclude a gradual reversal of fortune for Southwest Key, which has worked with the federal government for more than two decades, operating more than 25 shelters across Texas, Arizona and California. It has been awarded more than $6 billion in federal funds since 2007. After the H.H.S. announced that it would review its grants to Southwest Key, Ms. Miracle, the spokeswoman, said that the government had frozen funding and put in place a stop placement order on Southwest Key shelters, forcing the nonprofit to furlough about 5,000 employees.Housing underage migrants for the federal government has been…

A U.S. Customs and Border Protection (CBP) director in Michigan has been accused of running a scheme to defraud the Federal Emergency Management Agency (FEMA) after a series of floods damaged her home in 2023.The Department of Justice (DOJ) unsealed a criminal complaint against 55-year-old Serina Baker-Hill on Wednesday, charging her with engaging in a scheme to defraud FEMA and lying to federal agents.Baker-Hill is a career employee with CBP and serves as director of CBP’s Center for Excellence and Expertise over Automotive and Aerospace Engineering.”Following efforts with our interagency partners, I can report that a career Director level employee…