Breaking Business news from across New Jersey.
By Kanishka Singh WASHINGTON (Reuters) -The U.S. Securities and Exchange Commission said on Tuesday it settled fraud charges against Hyzon Motors of misleading investors. The company, a maker of hydrogen…
PHILADELPHIA, PA – Pennsylvania Attorney General Michelle Henry announced a collaborative lawsuit against Amazon.com, Inc., alongside the Federal Trade Commission (FTC) and 16 other state Attorneys General. The lawsuit aims…
WASHINGTON (Reuters) – A senior U.S. district judge nominated by Republican former President Ronald Reagan on Tuesday has been assigned to the U.S. Federal Trade Commission antitrust lawsuit filed against…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Normal service resumed. Wall Street on Tuesday buckled under the…
By Nate Raymond (Reuters) -A federal judge in Atlanta on Tuesday rejected a bid to bar a small venture capital fund from awarding grants to businesses run by Black women,…
By Blake Brittain (Reuters) – Drugmaker Eli Lilly convinced a federal judge in Massachusetts on Tuesday to overturn a $176.5 million jury verdict for Teva Pharmaceutical that found Lilly’s migraine…
(Reuters) -Grocery delivery platform Instacart’s stock on Tuesday closed for the first time below the price in its initial public offering. Shares of Instacart, formally called Maplebear, dropped 1.65% to…
By Nupur Anand NEW YORK (Reuters) -JPMorgan Chase reorganized the leadership in its investment bank, promoting a new head in North America to succeed Fernando Rivas, who plans to retire,…
By Nicole Jao NEW YORK (Reuters) -Oil prices settled nearly 1% higher on Tuesday, rebounding from a slump to a two-week low in early trading as expectations of tighter supply…
By Sinéad Carew NEW YORK (Reuters) – A global equity index lost more than 1% on Tuesday in a choppy trading session as fears of higher-for-longer interest rates ate into…
By Bansari Mayur Kamdar (Reuters) – Approvals on new exchange-traded funds, including bitcoin spot ETFs, could face delays if the U.S. government shuts down next month for the fourth time…
By Laura Matthews NEW YORK (Reuters) – A U.S. regulatory change to stock market transactions has financial infrastructure system CLS exploring delaying settlement instructions for foreign exchange trades, a move…
(Reuters) – Hollywood studios are expected to retain the right to train artificial-intelligence models based on writers’ work under the terms of a tentative labor agreement between the two sides,…
By Luc Cohen NEW YORK (Reuters) – A U.S. judge on Tuesday said prosecutors can discuss Sam Bankman-Fried’s political donations at his upcoming trial, because the contributions are relevant to…
(Reuters) – Target said on Tuesday it would close nine stores across four U.S. states, including California, citing that theft and organized retail crime was threatening the security of the…
SANTIAGO (Reuters) – Chile’s Codelco, the world’s largest copper producer, will meet its financial obligations despite headwinds from a series of operational problems and from high levels of debt and…
By Karen Brettell NEW YORK (Reuters) – The dollar index hit a 10-month high on Tuesday while the Japanese yen came closer to the key 150 level, where Japanese officials…
PARIS (Reuters) – Food retailers and producers in France will have to wrap up annual price negotiations by Jan. 15 instead of by the traditional March 1 deadline under a…
NEW YORK – The New York Lottery has revealed that the September 25th Powerball drawing produced three lucky third-prize-winning tickets, offering a substantial reward to their holders. The winning tickets…
WASHINGTON (Reuters) – U.S. Federal Communications Commission chair Jessica Rosenworcel on Tuesday said she would move quickly to reinstate landmark net neutrality rules rescinded under former President Donald Trump. Rosenworcel…
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer confidence dropped to a four-month low in September, weighed down by persistent worries about higher prices and rising fears of a recession,…
BERLIN (Reuters) – The United States hopes Europe will take similar measures to its Inflation Reduction Act to drive a “race to the top” on support for green technologies, a…
Belleville, Michigan (Reuters) – U.S. President Joe Biden said United Auto Workers should get the 40% pay raise the union is seeking as he joined the auto workers on strike…
By David Shepardson WASHINGTON (Reuters) -U.S. auto suppliers on Tuesday urged President Joe Biden to provide federal assistance to help auto parts companies impacted by the ongoing United Auto Workers…
TOKYO (Reuters) – Japan retained its view of a modest recovery in the world’s third-biggest economy, but upgraded its assessment of corporate earnings for the first time since March 2022…