Breaking Business news from across New Jersey.
By David Milliken and Andy Bruce LONDON (Reuters) – Britain’s economic performance since the start of the COVID-19 pandemic has been much stronger than previously thought, with faster growth than…
By Scott Murdoch and Ziyi Tang HONG KONG/BEIJING (Reuters) -China Evergrande Group’s founder is being investigated over suspected “illegal crimes”, the embattled developer said on Thursday, as creditors become increasingly…
(Reuters) – Global bond funds saw their biggest weekly outflows in more than a month on concerns that U.S. and European central banks will keep interest rates higher for longer…
JERSEY CITY, NJ – The AMC theater at Newport Centre mall is no longer showing films, but not for cinematic reasons. The Jersey City Health Department shut down the 11-screen…
JERSEY CITY, NJ – The Living Dead Market is returning to Jersey City this weekend. The Harsimus Cemetery will be anything but quiet this Sunday, October 1st, as it becomes…
(Reuters) -Hong Kong’s Cathay Pacific Airways said on Friday it had purchased 32 Airbus A321-200neo aircraft from Airbus for a basic price of $4.66 billion. The deal follows an agreement…
AMSTERDAM (Reuters) -U.S. carrier JetBlue Airways said on Friday it had filed a complaint against the Netherlands and the European Union to the U.S. Department of Transportation over the Dutch…
By Ananya Mariam Rajesh (Reuters) – Unseasonably warm autumn weather from the United States to Europe is denting sales of heavy sweaters and coats as the critical holiday shopping period…
By Aditya Soni (Reuters) – Tesla may miss estimates for third-quarter deliveries due to planned factory shutdowns and soft demand that led the automaker to boost discounts, several Wall Street…
FRANKFURT (Reuters) – Shares of Commerzbank were up 11% midday on Friday after the German lender said it was revamping its payout policy for investors, aiming for a return of…
By David Milliken LONDON (Reuters) – British lenders approved the fewest new mortgages in six months in August, figures showed on Friday, in a further sign of the slowdown in…
By Nell Mackenzie LONDON (Reuters) -Hedge fund Eisler Capital posted a 4.17% positive performance for the year to end-August, it said in a letter to investors, benefiting from a basis-trade…
A look at the day ahead in U.S. and global markets by Mike Dolan With one eye on a key U.S. inflation update for August later on Friday, world markets…
By Luc Cohen NEW YORK (Reuters) – Sam Bankman-Fried’s upcoming trial on fraud charges marks a major test for a broader crackdown on white collar crime led by Manhattan’s top…
By Andrea Shalal WASHINGTON – Lower income households and Black and Latino communities will be hit hard when a confluence of U.S. economic events kick off next week, including a…
By Mike Dolan LONDON (Reuters) -The expanding shadows of private credit seem an odd place to lurk if central banks’ ‘higher-for-longer’ mantra on interest rates suggests they keep things tight…
(Reuters) -Fast-food workers in California will earn a minimum of $20 an hour and have a greater say in setting workplace standards under a new bill signed into law on…
By Maria Martinez BERLIN (Reuters) – German unemployment rose in September but less than expected, slowly showing the first cracks in what had been a very resilient labour market. The…
(Reuters) -Apple staff met with Chinese officials in recent months to discuss concerns over new rules that will restrict the U.S. tech giant from offering many foreign apps currently available…
BERLIN (Reuters) – German retail sales unexpectedly fell in August, as persistently high inflation took its toll on consumption in the euro zone’s largest economy. German retail sales fell by…
By Jamie McGeever ORLANDO, Florida (Reuters) -The ‘dollar smile’ can be a blessing for Wall Street, or a curse. Right now, with the dollar’s boom being driven by a destabilizing…
By Suzanne McGee (Reuters) – Investment manager Valkyrie Funds LLC has begun adding ethereum futures to its existing Bitcoin futures exchange-traded fund, after getting the green light from the U.S.…
By Dan Levine and Marisa Taylor (Reuters) – Eli Lilly and Co and a former employee agreed to settle a lawsuit in which the worker claimed she was terminated after…
By Kanishka Singh and Valerie Insinna WASHINGTON (Reuters) – Boeing has agreed to pay $8.1 million to resolve allegations it violated U.S. law by failing to comply with contractual obligations…
By Daniel Wiessner (Reuters) -A U.S. civil rights agency sued Tesla Inc on Thursday, claiming the electric carmaker has tolerated severe harassment of Black employees at its flagship Fremont, California,…