Author: IA PressRoom

A member of the Oath Keepers extremist group from New Jersey who stormed the Capitol on Jan. 6, 2021, and bragged about it in text messages pleaded guilty on Tuesday to obstructing Congress.James Breheny, who is also known as Seamus Evers, of Little Ferry, pleaded guilty in Washington’s federal court to a felony charge of obstructing Congress’ certification of President Joe Biden’s electoral victory over former President Donald Trump.Breheny’s attorney said his client, a Navy veteran, entered the guilty plea to “make amends for a lack of good judgement on Jan. 6, 2021.”OATH KEEPER, ROGER STONE GUARD GETS 4½ YEARS…

Caseys General Stores GAAP EPS of $1.49 misses by $0.14, revenue of $3.33B misses by $50M

Brian Armstrong, co-founder and chief executive officer of Coinbase Inc., stands for a photograph at … [+] the Coinbase Inc. office in San Francisco, California, U.S. Photographer: Michael Short/Bloomberg© 2017 Bloomberg Finance LP A year of tension between the largest U.S. crypto exchange Coinbase COIN and the Securities and Exchange Commission came to a head on Tuesday when the regulator sued the company for violation of securities laws, the agency’s second action against a major crypto exchange this week. As with Binance on Monday, the SEC complained that Coinbase had failed to register as a securities exchange, broker and clearing…

It’s still possible to get hold of the federal $7,500 incentive for electric cars on models that are … [+] otherwise excluded from the program.getty As part of the Inflation Reduction Act signed into law last year, Congress extended the one-time $7,500 “clean car” federal tax credit to help spur sales of electric vehicles, but it only did so selectively. As it stands the credit only applies to EVs that are assembled in the U.S., and further depends upon its battery component and/or critical minerals sourcing, and a vehicle’s sticker price (maximum $80,000 for vans, SUVs and pickups, $55,000 for…

© Reuters. Investing.com — Crude markets plunged 2% Tuesday to defy the latest Saudi gambit on lower production, before steadying on a relatively positive forecast from the U.S. government that helped prices give back no more than what they gained a day ago. New York-traded West Texas Intermediate, or , crude settled at $71.74 a barrel after erasing all of the 41 cents, or 0.6%, gained on Monday. During the most intense part of Tuesday’s slide, WTI fell to $70.14 — almost testing its key $70 support. London-traded crude settled at $76.29. That was 42 cents, or 0.6%, down on…

© Reuters. FILE PHOTO: Souvenir tokens representing cryptocurrency Bitcoin plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic (Reuters) – rose 5.56% to $27,171 at 19:57 GMT on Tuesday, adding $1,432 to its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is up 64.7% from the year’s low of $16,496 on January 1. Ether, the coin linked to the blockchain network, rose 4.72% to $1,896.1 on Tuesday, adding $85.4 to its previous close.

Why It Matters: Support for Ukraine could be at risk.While some U.S. officials are becoming more comfortable with Ukraine’s covert attacks on Russia, concerns remain about the possibility of miscalculation by Ukraine while conducting such operations. Sabotaging the Nord Stream pipelines was exactly the kind of operation that would concern the United States — a symbolic attack with little military value that carries a high risk of fracturing the alliance supporting Ukraine.So far, that has not happened. Even as Germany and other European countries have learned of Ukrainian involvement in the pipeline attack, they have nevertheless increased their military aid.American…

The boycott of Bud Light over its partnership with a trans influencer has endured long enough to help one of its parent company’s main rivals, Molson Coors Beverage Co., analysts at BofA said on Tuesday. BofA Global Research analysts upgraded Molson Coors TAP, +2.08% — the brewer behind Coors Light and Miller Lite — to neutral from underperform. The analysts also raised their price target on the stock to $68 from $54 and nudged their 2023 per-share profit estimates for the brewer to $4.50 from $4.43. Shares of Molson Coors rose 0.8% on Tuesday. The stock is up 19.7% over…

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Britain’s energy regulator will be legally required to help with the push towards net zero carbon emissions, under plans designed to help boost the rollout of new low-carbon electricity sources. The government has introduced an amendment to the “energy bill” updating Ofgem’s remit to reflect the UK’s legally binding 2050 net zero target, introduced in 2019. The move is aimed at enabling Ofgem to foster the huge overhaul needed to meet the target, amid concerns that its current remit is holding back the development of new wind turbines, cables and other measures. Jonathan Brearley, chief executive of Ofgem, said consumers were…