Breaking Business news from across New Jersey.
By Chris Prentice WASHINGTON (Reuters) -The U.S. Federal Reserve Board on Friday joined other key banking regulators in proposing a plan for how large banks should manage climate-related financial risks,…
By David Shepardson WASHINGTON (Reuters) -General Motors Co and LG Energy Solution Ltd said Friday they are investing another $275 million in their Tennessee joint venture battery cell plant to…
By Arathy Somasekhar HOUSTON (Reuters) -Oil futures slipped 1.5% in choppy trading on Friday ahead of a meeting of the Organization of the Petroleum Exporting Countries and its allies (OPEC+)…
By Fergal Smith TORONTO (Reuters) – Canada’s main stock index fell on Friday, including declines for financials and technology, as investors weighed U.S. and Canadian jobs data that could help…
By Nichola Groom (Reuters) -The United States will impose new duties on imports from some major Chinese solar panel makers after a months-long investigation found they were trying to dodge…
(Reuters) -Ratings agency S&P Global cut France’s outlook to “negative” from “stable” on Friday, reflecting its view of rising risks to the country’s public finances and the resulting fiscal space…
(Reuters) -Wall Street banks are weighing plans to slash bonuses this year, Bloomberg Law reported on Friday, as investment banking comes under pressure from choppy markets and a high interest-rate…
By Daniel Wiessner (Reuters) -Workers who test games at Activision Blizzard Inc.’s unit Blizzard Albany have voted to form a union months after the games developer began negotiating with employees…
By Karen Freifeld and Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Friday dismissed an indictment against Meng Wanzhou, the chief financial officer of Huawei Technologies Co, formally…
By Lucia Mutikani WASHINGTON (Reuters) – U.S. employers hired more workers than expected in November and increased wages, shrugging off mounting worries of a recession, but that will probably not…
(Reuters) – Assa Abloy AB said on Friday it will sell its Yale and Emtek lock brands, and U.S. and Canada residential businesses to Fortune Brands Home & Security in…
By Asif Shahzad ISLAMABAD (Reuters) -Pakistan expects to secure $3 billion in external financing from a friendly country in two weeks, its finance minister said on Friday as the South…
By Karen Brettell NEW YORK (Reuters) – The dollar dipped on Friday as a Federal Reserve official said rate hikes are likely to slow and as investors took profits from…
By Fergal Smith TORONTO (Reuters) – The Canadian dollar weakened against its U.S. counterpart on Friday as domestic jobs data caused few surprises, while a stronger-than-expected U.S. jobs gain ran…
WASHINGTON (Reuters) – There are no plans to go back to Congress to push for changes to the Inflation Reduction Act, the White House said Friday, a day after President…
PARIS (Reuters) – France will release some 4 billion International Monetary Fund (IMF) Special Drawing Rights (SDRs), worth about 5 billion euros ($5.26 billion), to the world’s most vulnerable countries…
(Reuters) – Canadian Imperial Bank of Commerce (CIBC) said on Friday it would appeal a New York court’s ruling in a lawsuit brought against the bank by an entity of…
(Reuters) – Uber Technologies Inc and self-driving technology company Aurora Innovation Inc will expand their driverless pilot program in Texas to meet increased delivery demand during the holidays. The program…
By Foo Yun Chee BRUSSELS (Reuters) -The United States and the European Union will seek to tackle EU concerns about a new U.S. green energy subsidy package in a constructive…
By Michel Rose WASHINGTON (Reuters) – French President Emmanuel Macron’s discussions with U.S. President Joe Biden have resulted in a “major breakthrough” to avert a “subsidies race” between the two…
By David Shepardson and Tim Hepher WASHINGTON/PARIS (Reuters) -United Airlines Inc is close to reaching a deal with Boeing Co for a major 787 Dreamliner order, two sources briefed on…
(Reuters) -Amazon.com Inc’s top media executive Jeff Blackburn plans to retire at the start of 2023, the e-commerce giant said on Friday. The company said that the media and entertainment…
WASHINGTON (Reuters) -The White House on Friday welcomed news that the European Union was “coming together” on a $60 per barrel price cap on Russian seaborne oil, and said it…
(Corrects part of Snyder’s quote to reference to arbitrage in story from Dec 1) By Chibuike Oguh and Herbert Lash NEW YORK (Reuters) – Blackstone Inc limited withdrawals from its…
(Reuters) – Florida lawmakers are mulling plans to reverse a move that would strip Walt Disney Co of its right to operate a private government around its famous theme-parks, the…