WASHINGTON, Nov. 2 -- The U.S. Department of Commerce's Bureau of Industry and Security issued the following news release on Nov. 1, 2024: Today, as part of a settlement agreement, the Department of Commerce's Bureau of Industry and Security (BIS) imposed a civil penalty of $500,000 against GlobalFoundries U.S. Inc., a semiconductor wafer manufacturing company headquartered in Malta, New York, and its subsidiary, GlobalFoundries U.S. 2 LLC (collectively, "GlobalFoundries"). The penalty relates  more

ALBANY, New York, Nov. 2 -- The office of the U.S. Attorney for the Northern District of New York issued the following news release on Nov. 1, 2024: Nekie Ricks, age 31, of Schenectady, New York, was ordered detained today following his indictment and arrest for possession with intent to distribute cocaine, and his possession of a firearm in furtherance of his drug trafficking. United States Attorney Carla B. Freedman and Bryan Miller, Special Agent in Charge of the New York Field Division of   more

BROOKLYN, New York, Nov. 2 -- The office of the U.S. Attorney for the Eastern District of New York issued the following news release on Nov. 1, 2024: Earlier today in federal court in Brooklyn, Vadim Yermolenko, a national of both the U.S. and Russia, pleaded guilty to conspiracy to violate the Export Control Reform Act, conspiracy to commit bank fraud, and conspiracy to defraud the United States for his role in a transnational procurement and money laundering network that sought to acquire sen  more

WASHINGTON, Nov. 2 -- The Pension Benefit Guaranty Corp. issued the following news release on Nov. 1, 2024: * * * Teamsters Local 111 Pension Plan Averts Insolvency and Reduction of Benefits Through Receipt of Special Financial Assistance * * * The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the application submitted to the Special Financial Assistance (SFA) Program by the Local 111 Pension Plan (Teamsters Local 111 Plan). The plan, based in Brooklyn, New  more

WASHINGTON, Nov. 2 -- The office of the U.S. Attorney for the District of Columbia issued the following news release on Nov. 1, 2024: A New York man was sentenced to prison today after he previously pleaded guilty to multiple felony and misdemeanor charges, including assaulting law enforcement, during the Jan. 6, 2021, breach of the U.S. Capitol. His actions and the actions of others disrupted a joint session of the U.S. Congress convened to ascertain and count the electoral votes related to th  more