Business News

TOMS RIVER, NJ – Last fall, we learned Willie Nelson’s Texas Roadhouse would be coming to Toms River. Nelson, who is a partner in the chain and operates an Austin, …

By Jonathan Stempel and Luc Cohen NEW YORK (Reuters) -The British billionaire Joe Lewis has been criminally charged in New York with orchestrating a “brazen” insider trading scheme. Prosecutors said …

(Reuters) -Canada’s Rogers raised its annual forecasts for adjusted core earnings and free cash flow on Wednesday, betting on strong demand for its wireless services. An expanding 5G network and …

Union Pacific Corp on Wednesday named former chief operating officer Jim Vena as its top boss, months after CEO Lance Fritz said he was stepping down, sending the U.S. railroad …

(Reuters) -Dish Network Corp is partnering with Amazon.com to sell wireless postpaid service plans through its platform, and offer unlimited mobile services to Prime customers for a fixed price of …

(Reuters) -Binance has withdrawn its application for a crypto license in Germany, suggesting the world’s biggest cryptocurrency exchange is rethinking its immediate expansion plans amid a tough regulatory stance towards …

By Marc Jones LONDON (Reuters) – The most comprehensive survey of the global investment industry on central bank digital currencies to date has shown both limited support and a lack …

MILAN (Reuters) – Stellantis head Carlos Tavares said on Wednesday that the profitability of Tesla was declining as the rival U.S. automaker entered the real world of manufacturing and competition. …

(Reuters) – CME Group Inc reported a rise in its second-quarter profit on Wednesday, as traders turned to the exchange operator’s products to hedge against market volatility triggered by recession …

(Reuters) -AT&T on Wednesday handily beat estimates for second-quarter free cash flow as efforts to lower costs and attract wireless monthly paying subscribers with cheaper plans paid off. The company …

TOKYO (Reuters) – Japan’s Nissan Motor roughly doubled its first-quarter profit on Wednesday, boosted by higher production and sales in North America and Japan and a weaker yen and it …

By Giulio Piovaccari and Gilles Guillaume MILAN (Reuters) -Revenue and operating profit grew at Stellantis in the first half to beat estimates, with CEO Carlos Tavares saying the automaker would …

By Heekyong Yang and Ju-min Park SEOUL (Reuters) -South Korea’s Hyundai Motor Co raised its annual sales and profit margin guidance on Wednesday, after recording a 15% rise in quarterly …

By Iain Withers, Valentina Za and Jesús Aguado LONDON/MILAN/MADRID (Reuters) – Europe’s major banks, including Deutsche Bank and Lloyds Banking Group, on Wednesday pointed to the rising risk of bad …

A look at the day ahead in European and global markets from Brigid Riley All eyes are on the Federal Reserve today as the first in a string of central …

By Lisa Baertlein LOS ANGELES (Reuters) – The head of the Teamsters union stared down UPS with a potential multibillion-dollar strike that could have damaged the U.S. economy but instead …

(Reuters) – Canadian retailer Loblaw on Wednesday beat Wall Street expectations for second-quarter revenue, helped by higher prices and as demand held up for groceries and drugs. The company’s revenue …

By Paul Sandle and Sarah Young LONDON (Reuters) – Aero-engineer Rolls-Royce hiked its full-year operating profit forecast by around 45% on Wednesday after operational improvements, increased military spending and a …

FRANKFURT (Reuters) – Deutsche Bank on Wednesday said that it had hired 50 senior bankers in the origination and advisory business of its global investment bank and that a slump …

By Maiya Keidan (Reuters) – It’s getting more difficult to land a job in the private equity industry — unless you are willing to join a smaller firm. Buyout firms …

By Bianca Flowers CHICAGO (Reuters) – U.S. equipment makers are likely to face excess inventory early next year as demand from farmers and construction companies cools, though second-quarter profit is …

By Safiyah Riddle (Reuters) – Weakening loan growth for U.S. banks and what top lending officers across the industry have to say about the credit outlook will color the debate …

A look at the day ahead in U.S. and global markets from Mike Dolan Alphabet outshone Microsoft as the latest two of the tech giants reported earnings overnight, with another …

NEW DELHI (Reuters) -IndiGo operator InterGlobe Aviation said on Wednesday it is working with Pratt & Whitney to assess any potential impact on its fleet, after a warning from the …