Breaking Business news from across New Jersey.
By Blake Brittain (Reuters) – Alphabet’s Google must pay patent holding company Personal Audio LLC $15.1 million for infringing two patents related to audio software, a Delaware federal jury said…
By David Randall NEW YORK(Reuters) – Individual investors have given a cold shoulder to Cathie Wood’s ARK Innovation Fund during their searing run this year, but some market watchers believe…
By Stephen Culp NEW YORK (Reuters) – U.S. stocks softened on Tuesday, closing in negative territory as investors began the holiday-shortened week by taking profits in the wake of a…
By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) – Tech led European shares lower on Wednesday following hawkish signals from Federal Reserve Chair Jerome Powell, while real estate stocks slid…
BUENOS AIRES (Reuters) – Argentina will make scheduled payments totaling some $1.9 billion to the International Monetary Fund (IMF) on Wednesday, an economy ministry source said. The South American country…
By Nupur Anand NEW YORK (Reuters) – JPMorgan Chase & Co named Teresa Heitsenrether its chief data and analytics officer, leading the adoption of artificial intelligence across the largest U.S.…
By Jonathan Stempel NEW YORK (Reuters) -JPMorgan Chase said the U.S. Virgin Islands gave Jeffrey Epstein more than $300 million in tax incentives and waived sex offender monitoring requirements, shielding…
(This June 20 story has been refiled to spell out the name of Healthcare of Ontario Pension Plan in paragraph 5) By Chibuike Oguh NEW YORK (Reuters) – Savers Value…
By Victoria Waldersee and Jan Schwartz BERLIN (Reuters) -Volkswagen is setting financial targets for each of its brands, cracking down on fixed costs and betting on improved productivity to boost…
FRANKFURT (Reuters) -Euro zone inflation is stubborn and may require a protracted period of high interest rates to contain, partly due to an exceptionally tight labour market, the European Central…
OTTAWA (Reuters) -Canadian retail sales grew much more than expected in April and will likely post another gain in May, data showed on Wednesday, bolstering the chances that the Bank…
BRASILIA (Reuters) -Brazil’s Senate economic affairs committee gave its approval on Wednesday to new fiscal rules proposed by President Luiz Inacio Lula da Silva’s government, marking another step forward for…
By Jody Godoy (Reuters) – Months before cryptocurrency exchange Coinbase became the biggest target of the U.S. crackdown on digital assets, the company launched an unusual legal offensive, recruiting top…
By Vidya Ranganathan and Stefania Spezzati SINGAPORE/LONDON (Reuters) – Credit Suisse, driven into a rescue by UBS after heavy cash outflows, is seeking to claw back business by offering rich…
By Victoria Waldersee and Jan Schwartz BERLIN (Reuters) -Germany’s top carmakers were challenged by a Berlin-based rights group on Wednesday over the extent of their due diligence to prevent forced…
By Joanna Plucinska PARIS (Reuters) – Big deals at this week’s Paris Airshow have highlighted a sharp recovery in air travel demand. The sector promises to reduce net emissions to…
By Sergio Goncalves LISBON (Reuters) – Keeping Lisbon’s airport hub and safeguarding TAP’s strategic role for Portugal will be key conditions of the airline’s upcoming privatisation, more than the sale…
By Qiaoyi Li and Liz Lee BEIJING/SHANGHAI (Reuters) -China unveiled on Wednesday a 520 billion yuan ($72.3 billion) package of tax breaks over four years for electric vehicles (EVs) and…
(Reuters) – U.S. Treasury Secretary Janet Yellen will press world leaders to take concrete actions at a summit this week on easing the debt burdens of low-income nations, a senior…
By Giulio Piovaccari MILAN (Reuters) – Pirelli investor Brembo is worried about strains between the tyremaker’s Italian and Chinese shareholders and is likely to steer clear of any plan to…
NEW YORK (Reuters) – The Federal Reserve’s fight to lower inflation back to its 2% target “has a long way to go,” Federal Reserve Chair Jerome Powell said on Wednesday…
By Nupur Anand and Lananh Nguyen NEW YORK (Reuters) – JPMorgan Chase & Co’s commercial bank is entering Singapore and Israel this year as its unit catering to midsize and…
By Ross Kerber (Reuters) – Tesla Inc has returned to the S&P 500 ESG index, the sustainable investing-focused market index, after the electric car maker added environmental disclosures. Tesla was…
By David Milliken and William Schomberg LONDON (Reuters) -British inflation defied predictions of a slowdown and held at 8.7% in May, putting yet more pressure on the Bank of England…
By Sam Nussey and Anton Bridge TOKYO (Reuters) -SoftBank Group CEO Masayoshi Son said on Wednesday that his tech investing conglomerate plans to shift its stance to “offence mode” amid…