Breaking Business news from across New Jersey.
(Reuters) – A pending law in California that would require companies to make climate-related disclosures could affect how federal regulators consider the costs of their own forthcoming climate regulations, Wall…
By Mike Scarcella (Reuters) – Qualcomm on Tuesday defeated a consumer lawsuit in California federal court alleging the chipmaker’s contracts with device manufacturers had artificially boosted the cost of mobile…
(Reuters) – Crypto exchange Kraken is planning to offer trading in U.S.-listed stocks and exchange-traded funds, Bloomberg News reported on Wednesday, citing a person familiar with the matter. Kraken will…
BRASILIA (Reuters) – Brazil’s central bank governor Roberto Campos Neto on Wednesday said policymakers are aiming to tighten cryptocurrency regulation and subject brokerages to their supervision. Speaking during a hearing…
By Katie Paul and Stephen Nellis (Reuters) -A Meta Platforms executive overseeing the company’s efforts to develop its own chips for artificial intelligence work is leaving her position at the…
ROME (Reuters) – Two Italian parliamentary committees have approved a government amendment that revisits a contested windfall tax on banks by giving lenders the option to boost their reserve buffers…
(Reuters) – U.S. antitrust regulators on Tuesday filed a lawsuit against Amazon.com accusing the online retailer of harming consumers with higher prices, the latest in a long history of tough…
By Andrew Goudsward and Mike Scarcella WASHINGTON (Reuters) – The U.S. Federal Trade Commission’s monopoly lawsuit against Amazon.com filed on Tuesday poses perhaps the biggest legal test so far for…
By Luc Cohen NEW YORK (Reuters) -Sam Bankman-Fried, the jailed former cryptocurrency billionaire known for his casual appearance, can dress up for his forthcoming fraud trial. U.S. District Judge Lewis…
By Noel Randewich (Reuters) – Instacart’s stock dropped 4% on Wednesday, marking a fresh low a day after it closed for the first time under the price in the grocery…
(Reuters) – Air Canada said on Wednesday it will operate the airline as usual when its pilots conduct an informational picket at the company’s main hub, the Pearson International Airport,…
By David Shepardson WASHINGTON (Reuters) -Hyundai and Kia are recalling a combined 3.37 million vehicles in the United States due to the risk of engine fires, telling owners to park…
By Marc Jones LONDON (Reuters) – Developing national digital currencies are at risk due to a lack of legal powers to issue them in most of the world, the head…
By Lucia Mutikani WASHINGTON (Reuters) – Orders for long-lasting U.S. manufactured goods rose in August as an increase in machinery and other products offset a drop in civilian aircraft, and…
By Jonathan Stempel NEW YORK (Reuters) -The U.S. government on Wednesday sued eBay, accusing the online platform of violating the Clean Air Act and other environmental laws by allowing the…
By Sarah N. Lynch (Reuters) -Washington Trust Bank, the largest community bank in the country, will pay $9 million to settle civil rights charges that it discriminated against primarily Black…
By Bansari Mayur Kamdar and Sruthi Shankar (Reuters) -European shares fell for a fifth day in a row on Wednesday, with real estate stocks hammered by bearish brokerage comments on…
(Reuters) -Chinese regional lender Shengjing Bank said on Wednesday it has agreed to sell a portfolio of assets, including certain loans and investments, among others, for 176 billion yuan ($24.07…
By Pete Schroeder, Michelle Price and Carolina Mandl WASHINGTON/NEW YORK (Reuters) – U.S. financial firms are pushing for greater clarity on proposed new rules curbing U.S. investments in some China…
SEOUL/BEIJING (Reuters) -South Korea’s LG Chem Ltd said on Wednesday it would sell its polariser businesses to Chinese firms for about 1.1 trillion won ($815.6 million) to help improve its…
By Abigail Summerville (Reuters) – Private equity firm Wind Point Partners is exploring a sale of Gehl Foods LLC that could value the U.S. manufacturer of dairy-based products at over…
BRASILIA (Reuters) -Brazil’s central bank chief emphasized the need to persevere in anchoring inflation to the official target during a hearing on Wednesday in Congress, where he faced questions about…
SAO PAULO (Reuters) – A top executive of Casas Bahia has decided to quit after less than five months on the job, deepening a corporate crisis that has seen shares…
(Reuters) – More than 25 years ago, two students at Stanford University brainstormed in their dormitory and came up with an idea – to create an internet search engine that…
ZURICH (Reuters) – UBS shares fell on Wednesday after a report that the U.S. Department of Justice has stepped up scrutiny into alleged compliance failures that helped Russian clients evade…