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Law enforcement agencies are “very often” not properly trained or equipped to track crypto crimes, Interpol secretary general Jürgen Stock said. 1074 Total views 18 Total shares The International Criminal Police Organization is reportedly planning to strengthen its crackdown on cryptocurrency-related crimes by forming a dedicated division. Interpol, the world’s largest global police organization, has […]
United Parcel Service Inc.’s UPS, +1.00% aircraft maintenance and related workers’ union approved on Tuesday a three-year deal that boosts wages for 1,675 Teamsters members and raises pension contributions by the package delivery giant. The deal was approved by more than 87% of union members who voted. Under terms of the deal, annual wages will […]
Shares of Darling Ingredients Inc. DAR, +0.64% fell 0.9% in premarket trading Tuesday, after the producer of natural ingredients from edible and inedible bio-nutrients announced a deal to buy collagen producer Gelnex for $1.2 billion in cash. The deal is expected to close in the first quarter of 2023. Brazil-based Gelnex produces about 46,000 metric […]
State Street Corp. STT, -1.31% shares rose 3.4% in premarket trades after the financial firm’s third-quarter earnings of $1.82 a share beat the analyst estimate of $1.78 a share, according to FactSet data. State Street’s revenue of $2.96 billion narrowly missed the target of $2.97 billion. The company also announced a $1 billion stock buyback. […]
Shares of International Paper Co. IP, +1.79% fell 0.6% in premarket trading Tuesday, to buck the big rally in the broader stock market, after Deutsche Bank analyst Kyle White turned bearish on the paper and packaging products company, citing concerns over falling containerboard prices. “Given weakening demand and upcoming capacity additions, we anticipate containerboard prices […]
Shares of Albertsons Companies Inc. ACI, +0.59% rose 1.0% in premarket trading Tuesday, after the grocery chain, which has agreed to be acquired by Kroger Co. KR, +1.92%, reported fiscal second-quarter profit and sales that rose above expectations, even as gross margin decreased. Net income for the quarter to Sept. 10 rose to $342.7 million, […]