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Three Michigan residents were among 17 people indicted in an $ 11 million fraud scheme involving loans from the Paycheck Protection Program. Between May and August 2020, the 17 defendants reportedly submitted or helped submit PPP loan applications for $ 800,000 each for 14 companies, the US Department of Justice said. To receive the money, …

Trump made a statement Thursday in support of his former personal lawyer Rudy Giuliani. Trump called Giuliani the “Eliot Ness” of his generation and “one of the greatest crime fighters” in the United States. Giuliani’s license to practice law in New York was suspended after a court ruled he made false statements about the election. …

German business morale rose more than expected in June as companies’ assessment of the current situation improved and their optimism increased towards the second half of the year in the world’s largest economy. Europe, an investigation revealed today. The Ifo Institute said its business climate index rose to 101.8 from 99.2 in May. A Reuters …

An apprentice welder works at a training center in Siegburg, Germany. Unkel | ullstein bild | Getty Images LONDON – Eurozone trade activity grew at its fastest pace in 15 years this month, according to preliminary data released on Wednesday. The 19 economies have recently taken various steps to reopen their economies as immunization programs …

A general view of a container terminal is seen at Mundra Port, one of the ports operated by Adani Ports and Special Economic Zone Ltd, in Gujarat state, western India, April 1 2014. REUTERS / Amit Dave OSLO, June 22 (Reuters) – Norwegian pension fund KLP withdraws from Adani Ports and Special Economic Zone Limited …

A sign bearing the logo of the Pictet family private bank is pictured at the company’s headquarters in Geneva on May 7, 2012. REUTERS / Denis Balibouse ZURICH, June 21 (Reuters) – Swiss wealth and asset manager Pictet Group on Monday appointed Elif Aktug as managing partner, the first woman to hold the post in …

The National Road Safety Administration valued earlier this month, 38,680 people died in motor vehicle crashes in 2020, the highest expected number of fatalities since 2007, despite a 13.2% decrease in kilometers driven compared to the last year. Racially broken down, white pedestrian deaths increased 4%, American Indian deaths increased 11%, and Asians and Pacific …

HSBC ends long struggle to quit retail in France Cerberus seizes European banks My Money to revive the old CCF brand LONDON / PARIS, June 18 (Reuters) – HSBC has agreed to sell its French retail bank to My Money Group, which is backed by private equity firm Cerberus, ending a long effort by the …

Representative Alexandria Ocasio-Cortez continues her efforts to persuade President Joe Biden to write off up to $ 50,000 in student loan debt. The Progressive Democrat has said he must keep up the pressure on President Biden to unilaterally write off billions of dollars in student debt, adding that whether the White House follows or not …

FARMINGDALE, NY – A man from Long Island admitted he operated an advance loan program targeting small business owners. Authorities said there were more than 35 victims across the country. Demetrios Boudourakis, aka “Jimmy”, 46, of Farmingdale, pleaded guilty on Friday to second-degree robbery, a felony. He is expected to be sentenced on September 4 …