Breaking Business news from across New Jersey.
TOKYO (Reuters) – Japan’s government will begin restricting exports of advanced semiconductor manufacturing equipment to China in Spring after it amends a foreign exchange law to allow the change, Kyodo…
(Reuters) – Tesla Inc raised prices in the United States of its best-selling vehicle, the Model Y, by $1,000 after the government raised the ceiling on the price of crossover electric…
By Raphael Satter WASHINGTON (Reuters) -The hackers who claimed responsibility for a disruptive breach at financial data firm ION say a ransom has been paid, although they declined to say…
By Jody Godoy and Jonathan Stempel (Reuters) – Elon Musk may become even more emboldened in his Twitter use after a jury cleared the billionaire Tesla Inc chief executive over…
By Svea Herbst-Bayliss NEW YORK (Reuters) – Activist investment firm Starboard Value LP has amassed a sizable stake in Rogers Corp and is seeking seats on the electronics materials company’s…
SAO PAULO (Reuters) – Brazilian retailer Americanas SA said on Friday its board had decided to remove three directors and three executives amid investigations over so-called accounting inconsistencies. Americanas, backed…
By Timothy Gardner and Andrea Shalal WASHINGTON (Reuters) – Western economies agreed new price caps on Friday on Russia’s exports of oil products that U.S. Treasury Secretary Janet Yellen said…
BUENOS AIRES (Reuters) – Analysts consulted by Argentina’s central bank expect surging consumer prices to rise slightly this year, the bank said on Friday, which would mark a second straight…
(Reuters) – A U.S. jury on Friday found Tesla Inc and CEO Elon Musk not liable in a securities fraud case over a tweet that he had lined up funding…
By Lewis Krauskopf, Shreyashi Sanyal and Johann M Cherian (Reuters) – Major U.S. stock indexes ended lower on Friday after surprisingly strong jobs data sparked concerns about aggressive Federal Reserve…
By David Shepardson WASHINGTON (Reuters) -Southwest Airlines Chief Operating Officer Andrew Watterson will testify on Feb. 9 before the U.S. Senate Commerce Committee after a holiday meltdown forced the budget…
By David Shepardson WASHINGTON (Reuters) -Honda Motor Co on Friday issued a “Do Not Drive” warning for 8,200 Acura and Honda vehicles with unrepaired Takata air bag inflators in the…
NEW YORK (Reuters) -Bank of America Corp reduced compensation for Chief Executive Officer Brian Moynihan by roughly 6% to $30 million for 2022, the lender said in a filing on…
By Blake Brittain (Reuters) – Samsung Electronics Co has agreed to pay $150 million to British nanotechnology company Nanoco Technologies to settle patent lawsuits over technology used in Samsung’s LED…
MANILA (Reuters) – The Philippine central bank will focus on inflation rather than the Federal Reserve’s recent policy action when it meets on Feb. 16 to review key interest rates,…
By Mike Scarcella (Reuters) – A private lawsuit filed in California on Thursday seeks to stop Kroger Co’s planned $25 billion purchase of rival Albertsons Companies Inc, a deal that…
By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks dropped more than 1%, while U.S. Treasury yields and the dollar rose on Friday after a shockingly strong…
LONDON (Reuters) – Self-proclaimed bitcoin creator Craig Wright’s lawsuit against bitcoin network developers to try to recover billions of dollars can continue to trial, a London court said on Friday.…
(Corrects to make Alvarez & Marsal a consultancy firm, rather than a law firm, in 11th paragraph) By Elvira Pollina and Martin Coulter MILAN/LONDON (Reuters) – Italy’s Data Protection Agency…
(Reuters) -The U.S. Federal Trade Commission is preparing a possible antitrust lawsuit against e-commerce giant Amazon.com Inc, the Wall Street Journal reported on Friday, citing people familiar with the matter.…
By Aditya Soni and Yuvraj Malik (Reuters) – Big Tech results reinforced concerns a boom in cloud services is easing, limiting a lucrative source of profit when a slowing economy…
By Ann Saphir (Reuters) – The U.S. Federal Reserve is likely to need to lift the benchmark rate above 5% and keep it there to squeeze too-high inflation out of…
By Foo Yun Chee and Supantha Mukherjee BRUSSELS/STOCKHOLM (Reuters) – EU industry chief Thierry Breton has said new proposed artificial intelligence rules will aim to tackle concerns about the risks…
By Stephanie Kelly NEW YORK (Reuters) -Oil prices fell to over three-week lows on Friday in a volatile session, after strong U.S. jobs data raised concerns about higher interest rates…
By Davide Barbuscia NEW YORK (Reuters) – Much stronger-than-expected U.S. job growth stopped early-year rallies in stocks and bonds dead in their tracks on Friday, forcing Wall Street to recalibrate…