Breaking Business news from across New Jersey.
(Reuters) – Organized crime rings in New York, San Francisco, Los Angeles and Houston are targeting retail inventories, causing more financial loss, according to a report by the National Retail…
By Marc Jones LONDON (Reuters) -Higher interest rates and a near stalling of Europe’s economy will put pressure on the credit ratings of the region’s companies, property firms and banks…
By Bansari Mayur Kamdar and Sruthi Shankar (Reuters) -European shares fell for a fourth day on Tuesday, with rate-sensitive technology and real estate stocks pressured by surging bond yields, while…
By Chibuike Oguh NEW YORK (Reuters) – Shares of electric-vehicle startup Fisker Inc rose by more than 20% on Tuesday after the company reaffirmed its plan to increase deliveries of…
By Tim Hepher PARIS (Reuters) -Airbus confirmed the appointment of sales chief Christian Scherer as CEO of its core planemaking operation on Tuesday, restoring dedicated leadership of its main business…
BRASILIA (Reuters) – Brazil’s central bank voiced concerns over inflation expectations not aligning with official targets and noted differing opinions among board members on services inflation improvements, ruling out any…
By Scott Murdoch SYDNEY (Reuters) – A major group of offshore creditors of China Evergrande Group is planning to join a court petition to liquidate the cash-strapped developer if it…
LONDON (Reuters) – Three-quarters of companies globally are not ready to have their environmental, social and governance (ESG) data audited externally months before new regulations kick in, according to a…
(Reuters) – Activist investor Engine Capital on Tuesday urged fuel marketer Parkland to reduce its debt and announce new share buyback plans. In its latest letter to the board, the…
By Milana Vinn NEW YORK (Reuters) – Cisco Systems’ $28 billion deal for Splunk is likely to prompt other technology giants to splash out on similar acquisitions of software vendors…
(Reuters) – Billionaire John Malone’s Liberty Media is looking to combine the business that contains its stake in SiriusXM with the rest of the radio company, in a deal to…
By Ann Saphir (Reuters) -A “soft landing” for the U.S. economy is more likely than not, Minneapolis Federal Reserve Bank President Neel Kashkari said on Tuesday, but there is also…
By Christian Kraemer and Rene Wagner BERLIN (Reuters) – Five economic institutes are predicting gross domestic product in Germany to contract by 0.6% in 2023, two sources told Reuters on…
(Reuters) – U.S. new-vehicle sales are set to rise in September from a year ago, helped by sustained demand, according to Cox Automotive. Sales volumes in the current month are…
By Richa Naidu and Helen Reid LONDON (Reuters) – French consumers are buying fewer personal hygiene and household products, sacrificing tampons and laundry detergent as prices of products made by…
STOCKHOLM (Reuters) -Scandinavian airline SAS said on Tuesday it was evaluating final bids in an equity fundraising that closed a day earlier, and which is part of an ongoing bankruptcy…
WASHINGTON (Reuters) – Sales of new U.S. single-family homes fell more than expected in August as the rate on the popular 30-year fixed mortgage jumped above 7%, driving potential buyers…
By Amina Niasse NEW YORK (Reuters) -U.S. annual home price growth accelerated for a second straight month in July, signaling that softening prices in the market may be bottoming out,…
SAO PAULO (Reuters) -Brazil’s annual inflation accelerated in mid-September to 5.00%, data from statistics agency IBGE showed on Tuesday, coming in line with market expectations as the central bank signals…
By Lewis Jackson SYDNEY (Reuters) – PwC Australia will appoint outsiders to its board and publish audited financial statements as part of a governance overhaul to bring the partnership closer…
By Brenda Goh and Kane Wu SHANGHAI/HONG KONG (Reuters) -Alibaba Group on Tuesday kicked off its restructuring with a plan to list its logistics arm Cainiao in Hong Kong that…
(Reuters) – Athletic-wear retailer Dick’s Sporting Goods said on Tuesday it would recruit 8,600 workers across the United States for the holiday shopping season, less than its proposed hiring for…
New Jersey is much more than its proximity to New York City and its beautiful shorelines. It’s a state filled with charming downtown village areas that offer a unique blend…
HONG KONG (Reuters) -Swiss banking group UBS said on Tuesday it had signed a memorandum of understanding with the world’s largest lender by assets, Industrial and Commercial Bank of China…
(Reuters) -United Parcel Service said on Tuesday it would hire more than 100,000 seasonal workers to handle the 2023 holiday rush, a similar number of employees it hired a year…