Breaking Business news from across New Jersey.
By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) – Philippine annual inflation surged to a 14-year high in November driven mainly by higher food prices, the statistics agency…
By Daniel Wiessner (Reuters) – Microsoft Corp will voluntarily recognize a union of about 300 videogame testers at subsidiary ZeniMax Studios if they vote to unionize, a first for the…
By Wayne Cole SYDNEY (Reuters) – Australia’s current account fell into deficit for the first time in three years last quarter as robust domestic demand sucked in imports and miners…
By Leika Kihara TOKYO (Reuters) -Bank of Japan Governor Haruhiko Kuroda on Tuesday stressed the need to maintain ultra-low interest rates and brushed aside the chance of reviewing the bank’s…
By Kaori Kaneko and Kantaro Komiya TOKYO (Reuters) – Japanese household spending rose for a fifth straight month in October from a year earlier, data showed on Tuesday, as easing…
SYDNEY (Reuters) – Australian government spending dipped 0.6% in the September quarter due to a pullback in investment, an unexpected drag on economic growth in the quarter. Spending on operational…
By Laila Kearney, Liz Hampton and Arathy Somasekhar NEW YORK/DENVER/HOUSTON (Reuters) – U.S. shale oil drillers turned from scrappy wildcatters into multi-millionaires over the past two decades, propelling the United…
By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Monday said a new racial equity advisory committee, which has drawn the ire of Republican lawmakers, would play…
By David French (Reuters) – U.S. markets ended Monday lower, as investors spooked by better-than-expected data from the services sector re-evaluated whether the Federal Reserve could hike interest rates for…
ROME (Reuters) – Italian Economy Minister Giancarlo Giorgetti on Monday called for a common European Union approach to support competitiveness and protect strategic production, in response to the massive subsidies…
TOKYO (Reuters) – Japan’s real wage posted its biggest fall in more than seven years in October on relentless consumer inflation even though nominal pay grew for a tenth month,…
LONDON (Reuters) – British consumer spending ticked up last month at a rate that greatly lagged behind inflation, according to surveys on Tuesday that underscored the pressure on household budgets…
By Lucia Mutikani WASHINGTON (Reuters) – U.S. services industry activity unexpectedly picked up in November, with employment rebounding, offering more evidence of underlying momentum in the economy as it braces…
By Ross Kerber (Reuters) – Investors have proposed shareholder resolutions at two U.S. railroads calling for paid sick leave for workers, an issue that nearly caused a national rail strike,…
By Svea Herbst-Bayliss NEW YORK (Reuters) -Proxy adviser Institutional Shareholder Services (ISS) on Monday recommended that Apartment Investment and Management Company investors elect one of investment firm Land & Buildings’…
(This Dec. 3 story has been refiled to correct spelling error in first paragraph) By Rhea Binoy (Reuters) – Softbank-backed Indian hotel aggregator Oyo Hotels and Homes Pvt Ltd said…
(Reuters) – TuSimple Holdings Inc and Navistar have ended a deal to co-develop self-driving trucks, the companies announced on Monday. In 2020, Illinois-based Navistar bought a minority stake in TuSimple…
By Julia Payne and Jonathan Saul LONDON (Reuters) – The market for old oil tankers is booming, and it’s all down to efforts by Western nations to curb trade in…
WASHINGTON (Reuters) – A U.S. agency that probes allegations of deceptive conduct confirmed on Monday that it had investigations open into several cryptocurrency firms for “possible misconduct.” The Federal Trade…
BERLIN (Reuters) -German sportscar maker Porsche AG will join the blue-chip index, just over two months after its market debut, exchange operator Deutsche Boerse said on Monday. Porsche AG will…
By Blake Brittain WASHINGTON (Reuters) – The U.S. Supreme Court on Monday declined to hear a bid by Centripetal Networks Inc to reinstate the largest award in the history of…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Wall Street slumped on Monday, battered by the old ‘good news is bad…
By Andrea Shalal and David Lawder COLLEGE PARK, Md. (Reuters) -The United States and the European Union on Monday cited progress addressing EU concerns about a U.S. climate law that…
By Herbert Lash and Elizabeth Howcroft NEW YORK/LONDON (Reuters) – Global stocks and Treasury prices fell on Monday as new evidence of a strong U.S. economy raised fears that interest…
By Katie Paul and Sheila Dang (Reuters) -Elon Musk’s Twitter is leaning heavily on automation to moderate content, doing away with certain manual reviews and favoring restrictions on distribution rather…