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Former Moody's top lawyer pleads guilty in tax case
  + stars: | 2024-04-26 | by ( ) www.cnbc.com   time to read: +1 min
Moody's Corporation logo is photographed on the firm's headquarters in Lower Manhattan, NY. A former longtime general counsel to Moody's has pleaded guilty to willfully failing to file federal income tax returns, federal prosecutors in New Jersey said Friday. Goggins pleaded guilty on Thursday before a federal magistrate judge in Newark, New Jersey, prosecutors said. "Mr. Goggins deeply regrets and accepts full responsibility for failing to file certain personal income tax returns," Christopher Ferguson, a lawyer for Goggins, said in a statement. Goggins retired from Moody's in September after more than two decades and was replaced as general counsel by Richard Steele.
Persons: Moody's, John Goggins, Goggins, Christopher Ferguson, Richard Steele, Ferguson Organizations: Moody's, New, New Jersey U.S Locations: Lower Manhattan, NY, New Jersey, Newark , New Jersey, Moody's
Daibes is now a key figure in a sweeping bribery case brought against Menendez, his wife and multiple other associates. Menendez, according to the indictment, then badgered both Sellinger and the prosecutor who had been put in charge of Daibes case, calling them several times. Menendez also asked one of his political advisors to let Sellinger know he was upset with the way the Daibes case was being handled, according to the indictment. Last year, following a delayed trial, Daibes pleaded guilty in his bank fraud case. But his sentencing has been repeatedly delayed and is now scheduled to take place next month.
Persons: , Sen, Bob Menendez, Philip Sellinger, Sellinger, Menendez, Fred Daibes, Daibes, , Tim Donohue, ” Daibes, James Delaney, , Delaney's, Bridget Delaney, Joe Biden, Nadine, David Schertler, Nadine Menendez, ” Sellinger, Menendez's Organizations: Attorney, U.S, Edgewater, New, Commission of Investigation, Associated Press, Department of Justice, New Jersey U.S, Attorney’s Locations: New Jersey, Daibes, Egypt, Manhattan, U.S, Hudson, Edgewater , New Jersey, Union City, Edgewater, , Newark
US import prices fall more than expected in March
  + stars: | 2023-04-14 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Brendan McDermidWASHINGTON, April 14 (Reuters) - U.S. import prices fell more than expected in March, leading to the biggest year-on-year decline since mid-2020, further evidence that inflation pressures were subsiding. Import prices dropped 0.6% last month after slipping 0.2% in February, the Labor Department said on Friday. Economists polled by Reuters had forecast import prices, which exclude tariffs, falling 0.1%. The government reported this week that consumer prices barely rose in March, while producer prices fell by the most in nearly three years. Petroleum prices decreased 1.2%, while natural gas prices plummeted 31.3%.
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