Breaking Business news from across New Jersey.
By Valerie Insinna WASHINGTON (Reuters) – Boeing executives will face hard questions from investors about whether a recent labor deal reached by Spirit AeroSystems could raise aircraft production costs when …
By Granth Vanaik (Reuters) -Domino’s Pizza on Monday beat Wall Street estimates for quarterly profit, supported by easing supply chain pressures and lower food costs including cheese even as demand …
By Aby Jose Koilparambil (Reuters) – British homebuilders are building fewer homes, cutting down on land purchases and offering more incentives as high mortgage rates and the lack of any …
By Medha Singh (Reuters) -Shares of retail traders’ favorite AMC Entertainment Holdings soared on Monday after a U.S. court blocked the theater chain’s stock conversion plan that risked diluting investors’ …
By Aditi Shah and Aditya Kalra NEW DELHI (Reuters) – Tesla representatives are set to meet India’s commerce minister this month to discuss plans to build a factory to produce …
(Reuters) -Self-storage operator Public Storage said on Monday it has entered a deal to buy Simply Self Storage from Blackstone Real Estate Income Trust (BREIT) for $2.2 billion, as it …
(Reuters) -Mexico’s headline inflation rate eased to 4.79% in the first half of July to its lowest level in more than two years, the national statistics agency said on Monday, …
(Reuters) -Shares of Wall Street’s most valuable companies were mixed on Friday ahead of a rebalance of the Nasdaq 100 index to address the benchmark’s “overconcentration.” Nvidia and Tesla dipped …
By Jason Xue and Tom Westbrook SHANGHAI/SYDNEY (Reuters) -Stocks and bonds in China’s real estate industry fell to around eight-month lows on Monday as fears of a cash crunch at …
LONDON (Reuters) -Guy Hands, one of Britain’s highest profile financiers, has stepped down as chairman of Terra Firma Capital Partners, the private equity firm he founded, after more than two …
By Diana Mandia (Reuters) -Health technology group Philips posted a fourth straight drop in order intake on Monday and warned that it expects global market conditions to remain highly uncertain, …
(Reuters) – Spanish shares tumbled on Monday, with markets spooked by the prospect of political gridlock following a snap election in which the right failed to clinch a predicted victory. …
By David Milliken LONDON (Reuters) – Britain’s private sector is growing at its weakest pace in six months in July, as orders for businesses stagnate in the face of rising …
By Jamie McGeever ORLANDO, Florida (Reuters) -Hedge funds have ramped up their bearish dollar bets by more than $7 billion in a week, and are now sitting on their biggest …
BERLIN (Reuters) – Taiwan’s Foxconn will acquire a 50% stake in ZF Group’s axle system assembly unit, creating a joint venture aimed at growing automotive and supply chain opportunities, the …
By Amanda Cooper and Jesús Aguado LONDON/MADRID (Reuters) -Spanish blue-chip shares dropped on Monday after a snap general election at the weekend yielded no clear winner, with investors punishing banks …
By Gabriel Burin BUENOS AIRES (Reuters) – Mexico’s economy will likely slow in step with an expected moderation of growth in the United States, but the decline could be limited …
(Reuters) – Apple is asking suppliers to produce about 85 million units of the iPhone 15 this year, roughly in line with the year before, Bloomberg News said on Monday …
(Reuters) – United Parcel Service said it plans on Tuesday to resume labor talks with the Teamsters union representing 340,000 employees, an effort to avert a strike that could roil …
By Anna Tong (Reuters) -Worldcoin, a cryptocurrency project founded by OpenAI CEO Sam Altman, launched on Monday. The project’s core offering is its World ID, which the company describes as …
By Akash Sriram, Samrhitha A and Sheila Dang (Reuters) – Threads, Meta Platform’s broadside to Twitter, is seen by some advertisers as less contentious and more predictable than Elon Musk’s …
(Reuters) -Adidas got orders worth more than 508 million euros (about $565 million) for 4 million pairs of unsold Yeezy shoes, better than the company’s “most optimistic forecast,” the Financial …
By Clare Jim HONG KONG (Reuters) – A Hong Kong court on Monday said it will decide in September on an offshore debt restructuring for embattled property developer China Evergrande …
By Pete Schroeder WASHINGTON (Reuters) – U.S. banking regulators will on Thursday unveil a sweeping proposal for stricter bank capital requirements known as the “Basel III endgame” aimed at ensuring …
By Doyinsola Oladipo NEW YORK (Reuters) – The post-pandemic rebound of international travel, particularly to Europe, is expected to be a bright spot for hotels and cruise operators this quarter …
