Breaking Business news from across New Jersey.
(Reuters) -Thyssenkrupp and Industrie De Nora pushed ahead with the planned initial public offering (IPO) of their hydrogen joint venture Thyssenkrupp Nucera on Friday, setting the price range at the…
By Shreyashi Sanyal, Bansari Mayur Kamdar (Reuters) -European shares dipped on Friday at the end of a central bank policy-packed week that reinforced views that interest rates could stay higher…
By Ashitha Shivaprasad (Reuters) – Palladium could extend this year’s near 30% price decline as the rapid rise of electric vehicles threatens to hammer demand for the autocatalyst metal at…
By Granth Vanaik (Reuters) – Carnival is expected to post robust second-quarter revenue growth as new and younger customers, undeterred by high inflation, spend on novel experiences such as cruising.…
By Libby George LONDON (Reuters) -Foreign investors hoping for a game-changing rate hike from Turkey’s newly appointed central bank chief said Thursday’s disappointing move to a key rate of just…
By Andrew Chung and John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court on Friday backed cryptocurrency exchange Coinbase Global Inc’s bid to halt customer lawsuits while it pursues appeals…
By Gibran Naiyyar Peshimam KHUIRATTA, Pakistan-administered Kashmir (Reuters) – Hameed Iqbal Bhatti had prospered over two decades working in Saudi Arabia, but after returning to Pakistan three years ago, he…
By Lewis Jackson and Scott Murdoch SYDNEY (Reuters) -PricewaterhouseCoopers Australia is looking to sell its government, education and healthcare practice to private equity firm Allegro Funds, according to a person…
COPENHAGEN (Reuters) -Danish brewer Carlsberg said on Friday it had signed an agreement to sell its Russian business but did not name the buyer or the agreed price for the…
By Jonathan Stempel (Reuters) – Home Depot has agreed to pay $72.5 million to end a long-running class-action lawsuit alleging the largest U.S. home improvement retailer underpaid workers in California.…
By Richa Naidu and Sybille de La Hamaide LONDON/PARIS (Reuters) -Danone and Kellogg are among 75 consumer goods companies that French authorities have asked to cut prices, according to a…
By Kylie MacLellan, Lawrence White and Muvija M LONDON (Reuters) -British banks agreed on Friday to give homeowners who miss mortgage payments a year of grace before foreclosing and to…
By Kannaki Deka (Reuters) -CarMax Inc said on Friday that vehicle affordability remains a challenge due to high interest rates and low consumer confidence, but cost cuts helped the used-car…
(Reuters) – Southwest Airlines said on Friday it had reached a tentative agreement with the union representing the company’s mechanics and related employees. The Aircraft Mechanics Fraternal Association (AMFA), which represents…
(Reuters) -Hong Kong’s Cathay Pacific Airways on Friday forecast its first half-year profit in three years, buoyed by a strong rebound in travel demand and one-off gain from a stake…
By Dan Burns (Reuters) – U.S. business activity fell to a three-month low in June as services growth eased for the first time this year and the contraction in the…
By Ann Saphir SAN FRANCISCO (Reuters) – Two more U.S. interest-rate hikes this year is a “very reasonable” projection, San Francisco Federal Reserve Bank President Mary Daly said, but given…
(Reuters) – New vehicle sales in the United States are seen to rise in June, according to a joint forecast from J.D. Power and GlobalData, as automakers are able to…
TOMS RIVER, NJ – Target is facing nationwide criticism for selling LGTBQ pride-themed merchandise and has been pulling the item from some stores due to consumer backlash. This week, Governor…
KYIV (Reuters) – The European Bank for Reconstruction and Development will provide a 50-million-euro ($54 million) loan to one of Ukraine’s biggest banks, state-owned Ukreximbank, under an agreement signed on…
(Reuters) – U.S. equity funds recorded their biggest outflows in 12 weeks for seven days ended June 21 as the Federal Reserve’s hawkish stance sparked worries of more rate hikes…
ISTANBUL (Reuters) -Turkey’s lira weakened as much as 3.3% to a record low on Friday, extending losses a day after the central bank’s large rate hike failed to assure markets…
FRANKFURT (Reuters) – Deutsche Bank’s reported plans for possible job cuts at its German retail operations were roundly criticised by a union on Friday, foreshadowing tough labour negotiations ahead. Germany’s…
MADRID (Reuters) – Shop assistants at Swedish fashion retailer H&M in Spain extended a three-day strike planned in late June to demand pay raises into two more days in early…
By Arriana McLymore and Katherine Masters NEW YORK (Reuters) -Amazon.com Inc isn’t the only U.S. retailer accused of using deceptive tactics to sell memberships to shoppers. From big-box chains Walmart…