Tag: cites

Fed’s Kashkari cites high risk inflation is “settling”

By Howard Schneider WASHINGTON (Reuters) – The strength of the U.S. housing market and potentially stalled progress on inflation means monetary policy may not be as tight as Federal Reserve officials think it is, Minneapolis Federal Reserve President Neel Kashkari said in a new essay on Tuesday that raises the possibility price pressures are “settling” […]

Trump cites Biden classified records probe as he seeks to toss documents case

By Andrew Goudsward WASHINGTON (Reuters) – Donald Trump cited U.S. President Joe Biden’s mishandling of classified documents after leaving the vice presidency as he seeks to have criminal charges related to his own retention of sensitive records tossed out, court filings showed on Thursday. Trump, the former president and the Republican challenger to Democrat Biden […]

UPMC to layoff at least 1,000 people, cites ongoing post-pandemic challenges

UPMC confirms to Channel 11 that it will be laying off part of its workforce. In a statement, Paul Wood, the vice president and chief communication officer, said the health care system “continues to face the realities of a still-evolving, post-pandemic marketplace” and as a response to the ongoing challenges says “limited reductions are occurring.” […]

B. Riley Soars as Auditor Signs Off, Still Cites Material Issues

(Bloomberg) — B. Riley Financial Inc. soared as much as 59% in premarket trading after its auditors signed off on its annual report and the firm said a new internal review found no connection with a controversial former business partner. Most Read from Bloomberg The boutique investment bank’s auditor did find material weaknesses in the […]

Audit cites potential legal violations in purchase of $19,000 lectern for Arkansas governor

LITTLE ROCK, Ark. (AP) — Arkansas Gov. Sarah Huckabee Sanders‘ office potentially violated state laws on purchasing, state property and government records when it purchased a $19,000 lectern for the Republican governor that’s prompted nationwide attention, an audit requested by lawmakers said Monday. Legislative auditors referred the findings in the long-awaited audit of the lectern […]

Kentucky governor cites higher incarceration costs in veto of criminal justice bill

FRANKFORT, Ky. (AP) — Kentucky’s Democratic governor vetoed a GOP-backed criminal justice bill that would impose harsher sentences for a range of crimes, saying it would saddle the state with sharply higher incarceration costs. The sweeping measure also would criminalize homelessness by creating an “unlawful camping” offense, Gov. Andy Beshear said in his veto message […]

Alabama Sen. Katie Britt cites friendship with Democrats in calling for more respectful discourse

LOUISVILLE, Ky. (AP) — U.S. Sen. Katie Britt confided Tuesday that she counts some Democratic colleagues among her best friends in the Senate and said such cross-party relationships are essential to governing, especially as social media fuels widening political divisions. During a visit to Senate Republican leader Mitch McConnell‘s hometown, the first-term Alabama Republican also […]

United asks pilots to take unpaid time off, cites Boeing delays

United Airlines (UAL) is asking pilots to take unpaid time off due to plane delivery delays from Boeing (BA). In a statement to Yahoo Finance, United says “We can confirm that due to the recent delays in Boeing deliveries, our forecasted block hours for 2024 have been reduced and we are offering our pilots voluntary […]