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Category:

Business News

Breaking Business news from across New Jersey.

  • Business News

    Shein shifts shipping strategy to bring China-made goods closer to US shoppers

    by Reuters September 24, 2023
    by Reuters September 24, 2023

    (This Sept. 22 story has been corrected to say ‘more than 2,000%’ instead of ‘more than 2,000 times’ in paragraph 6) By Katherine Masters NEW YORK (Reuters) – E-commerce giant …

  • Breaking NewsBusiness NewsCommunity NewsFeatured NewsFood & DiningNew Jersey News

    Do You Miss Perkins? You Can Now Buy Their Coffee at Home

    by Phil Stilton September 24, 2023
    by Phil Stilton September 24, 2023

    TOMS RIVER, NJ – Generations of Toms River and shore area residents used to start their morning with a Perkin’s breakfast and coffee, but the chain has since closed locations …

  • Breaking NewsBusiness NewsFood & DiningNew Jersey NewsTop 10 Lists

    Popular Chain Restaurants That Vanished from New Jersey’s Dining Landscape

    by Jessica Woods September 24, 2023
    by Jessica Woods September 24, 2023

    Do you remember the days when outings with family or friends meant dining at that favorite chain restaurant that everyone loved? Over the years, New Jersey has been home to …

  • Business News

    China central bank adviser proposes structural reforms to revive economy

    by Reuters September 24, 2023
    by Reuters September 24, 2023

    SHANGHAI (Reuters) – China has limited room for further monetary policy easing, and it should pursue structural reforms such as encouraging entrepreneurs rather than counting on macroeconomic policies to revive …

  • Business News

    Ukraine’s Zelenskiy says he met top businessmen during U.S. visit

    by Reuters September 24, 2023
    by Reuters September 24, 2023

    KYIV (Reuters) -Ukrainian President Volodymyr Zelenskiy said on Sunday he met leading American entrepreneurs and financiers during a visit this week to the United States, where investment opportunities in Ukraine …

  • Business News

    China state asset manager plans $14 billion emerging industry fund -report

    by Reuters September 24, 2023
    by Reuters September 24, 2023

    SHANGHAI (Reuters) – China Reform Holdings Corp, a Chinese manager of state assets, plans to raise at least 100 billion yuan ($13.70 billion) for a fund that will invest in …

  • Business News

    Thailand expects Tesla, Google, Microsoft to invest $5 billion -prime minister

    by Reuters September 24, 2023
    by Reuters September 24, 2023

    BANGKOK (Reuters) – Thailand’s Prime Minister Srettha Thavisin said on Sunday the country expected to receive investment of at least $5 billion from Tesla, Google and Microsoft. “Tesla would be …

  • Breaking NewsBusiness NewsGood NewsNew Jersey News

    This $7.7 Million Monmouth County Home Looks More Like a Palace Than A House

    by Jessica Woods September 24, 2023
    by Jessica Woods September 24, 2023

    COLTS NECK. NJ – We all know the real estate market in Colts Neck is exclusive and one of the most desired zip codes in New Jersey, but did you …

  • Business News

    GM, Stellantis dealers and customers face dwindling parts as UAW strike expands

    by Reuters September 23, 2023
    by Reuters September 23, 2023

    By Doyinsola Oladipo and Abhirup Roy (Reuters) – U.S. auto workers expanded their strike on Friday with a clear target for distress: dealers who sell and service GM and Stellantis …

  • Business News

    Egypt says IMF agrees to merge first two reviews of reform program

    by Reuters September 23, 2023
    by Reuters September 23, 2023

    CAIRO (Reuters) – Egypt said it had agreed with the International Monetary Fund (IMF) to merge the fund’s first and second reviews of its economic reform programme, after the first …

  • Business News

    Tyson and Perdue face child labor investigations – New York Times

    by Reuters September 23, 2023
    by Reuters September 23, 2023

    (Reuters) – The U.S. Department of Labor has opened investigations into meat companies Tyson Foods and Perdue Farms to determine whether migrant children were used to clean slaughterhouses, the New …

  • Business News

    India’s aviation authorities say they can’t interfere in Akasa dispute

    by Reuters September 23, 2023
    by Reuters September 23, 2023

    By Arpan Chaturvedi and Aditya Kalra NEW DELHI (Reuters) – India’s aviation authorities have ruled out intervening in a dispute between Akasa Air and its pilots after the budget carrier …

  • Business News

    Trudeau expects Canadian interest rates to come down by mid 2024

    by Reuters September 23, 2023
    by Reuters September 23, 2023

    (Reuters) – Canadian Prime Minister Justin Trudeau expects interest rates are going to start coming down by the middle of next year, in-line with recent Reuters poll estimates, though the …

  • Business News

    Xavier Niel buys Czech investor Kretinsky’s stake in Le Monde

    by Reuters September 23, 2023
    by Reuters September 23, 2023

    PARIS (Reuters) – NJJ Presse, a holding of French telecoms maverick Xavier Niel, has purchased Czech billionaire Daniel Kretinsky’s stake in daily Le Monde and committed to transferring this and …

  • Business News

    Ford offers Unifor wage increases up to 25%

    by Reuters September 23, 2023
    by Reuters September 23, 2023

    (Reuters) -Ford Motor has offered Canadian union Unifor wage increases of up to 25% in its tentative agreement, the union said on Saturday. The agreement provides a 10% wage increase …

  • Business News

    No deal yet as Hollywood writers, studios talk for third straight day

    by Reuters September 23, 2023
    by Reuters September 23, 2023

    By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -Striking Hollywood writers and top studio executives met for a third straight day on Friday, ending with a decision to continue …

  • Business News

    Even China’s 1.4 billion population can’t fill all its vacant homes, former official says

    by Reuters September 23, 2023
    by Reuters September 23, 2023

    BEIJING (Reuters) – Even China’s population of 1.4 billion would not be enough to fill all the empty apartments littered across the country, a former official said on Saturday, in …

  • Business News

    California governor vetoes bill banning robotrucks without safety drivers

    by Reuters September 23, 2023
    by Reuters September 23, 2023

    By Abhirup Roy SAN FRANCISCO (Reuters) -California Governor Gavin Newsom late on Friday vetoed a bill to prevent heavy-duty driverless trucks from operating in the state, in a relief for …

  • Business News

    India to delay import licensing of laptops after US, industry push back, sources say

    by Reuters September 23, 2023
    by Reuters September 23, 2023

    By Munsif Vengattil and Shivangi Acharya NEW DELHI (Reuters) – India will defer an import licence requirement for laptops and tablets, two government officials said, a policy U-turn after industry …

  • Breaking NewsBusiness NewsFood & DiningNew Jersey News

    McDonalds Stores Hit with 5% Royalty Fees, What That Means for Customers in New Jersey

    by Jessica Woods September 23, 2023
    by Jessica Woods September 23, 2023

    McDonald’s franchisees nationwide, including those in New Jersey, are about to see their costs rise 5% in 2024, but that doesn’t mean higher prices for menu items. The company says …

  • Breaking NewsBusiness NewsNew Jersey News

    Rite-Aid in Bankruptcy Talk, Announces Closure of Hundreds of Stores

    by Shore News Network September 23, 2023
    by Shore News Network September 23, 2023

    NEWARK, NJ – Hundreds of Rite-Aid stores are shutting down including many in New Jersey, New York and Pennsylvania. Rite Aid is currently in negotiations with creditors regarding a bankruptcy …

  • Breaking NewsBusiness NewsCommunity NewsEntertainment NewsNew Jersey News

    Movie Studios in Tri-State Area Remain Quiet as SAG Strike Continues

    by Shore News Network September 23, 2023
    by Shore News Network September 23, 2023

    JERSEY CITY, NJ – Movie studios and sets across New Jersey, New York, and Pennsylvania remain quiet as the Screen Actors Guild strike continues on. Striking Hollywood writers and studio …

  • Business News

    X social media’s India, South Asia policy head Gupta resigns-sources

    by Reuters September 23, 2023
    by Reuters September 23, 2023

    By Aditya Kalra NEW DELHI (Reuters) – Social media platform X’s head of policy for India and South Asia, Samiran Gupta, has resigned, two sources said, a top departure that …

  • Business News

    Oil price spike does not change ECB’s view on inflation-Villeroy

    by Reuters September 23, 2023
    by Reuters September 23, 2023

    PARIS (Reuters) – Bank of France head Francois Villeroy de Galhau, a governing council member of the European Central Bank (ECB), said on Saturday that the spike in oil and …

  • Business News

    Biden to visit Michigan to support auto strike, a day before Trump

    by Reuters September 23, 2023
    by Reuters September 23, 2023

    By Jeff Mason, Heather Timmons and Ben Klayman WASHINGTON/TOLEDO, Ohio (Reuters) -U.S. President Joe Biden will travel to Michigan on Tuesday to show support for the United Auto Workers’ strike …

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