Breaking Business news from across New Jersey.
(Reuters) – Nikola said on Friday it would lay off a total of 270 employees, as the electric-truck maker looks to cut costs and sharpen its focus on the North …
Breaking Business news from across New Jersey.
(Reuters) – Nikola said on Friday it would lay off a total of 270 employees, as the electric-truck maker looks to cut costs and sharpen its focus on the North …
By Howard Schneider WASHINGTON (Reuters) -U.S. Federal Reserve officials struck a hawkish tone in their first comments since the central bank held the policy interest rate steady at its meeting …
By Helen Coster NEW YORK (Reuters) – Publisher Gannett plans to include generative artificial intelligence in the system it uses to publish stories as it and other news organizations begin …
By Aditya Soni and Akash Sriram (Reuters) -U.S. electric-vehicle startups saw massive weekly gains on Friday after a searing rally in their shares over the past few sessions nearly doubled …
(Reuters) – Insurance broker Acrisure has begun interviewing banks for an initial public offering next year which could fetch it a valuation of over $20 billion, a source familiar with …
By Sheila Dang (Reuters) -Twitter plans to focus on video, creator and commerce partnerships to revitalize the social media company’s business beyond digital advertising, according to an investor presentation by …
By Lewis Krauskopf and Amanda Cooper NEW YORK/LONDON (Reuters) – A gauge of global stock markets took a breather on Friday after a run to 14-month highs, while the U.S. …
By Stephanie Kelly NEW YORK (Reuters) -Oil rose on Friday and posted a weekly gain, as higher Chinese demand and OPEC+ supply cuts lifted prices, despite expected weakness in the …
By Alvise Armellini, Giuseppe Fonte and Giulio Piovaccari ROME (Reuters) -Italy’s government said on Friday it had taken steps to limit the influence of China’s Sinochem on tyremaker Pirelli, including …
(Reuters) -A federal court in Louisiana on Friday dismissed Tesla Inc’s complaint against a state restriction on direct car sales, according to a ruling. Last year, Tesla filed a lawsuit …
(Reuters) – U.S. wireless carrier AT&T said on Friday it would close its flagship store in downtown San Francisco, deepening the real estate pain in the once-booming tech hub that …
By Ana Mano SAO PAULO (Reuters) -The Brazilian unit of U.S. grains merchant Cargill has asked a bankruptcy court to halt the auction of two plants owned by soy crusher …
By Valerie Insinna (Reuters) -Spirit Aerosystems has reached a tentative four-year contract agreement with the 6,000-member machinists union employed at its Wichita, Kansas plant, the union said Friday in a …
By Angus Berwick and Tom Wilson LONDON (Reuters) – The U.S. affiliate of crypto giant Binance has carried out a round of layoffs since regulators last week charged it with …
By Chris Prentice NEW YORK (Reuters) – A top U.S. Securities and Exchange Commission (SEC) official on Friday rejected criticism of the regulator’s cryptocurrency crackdown and slammed the sector for …
By Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – The yen plunged to a 15-year low against the euro on Friday after the Bank of Japan (BOJ) kept its ultra-low interest rate …
By David Lawder WASHINGTON (Reuters) – The U.S. Treasury on Friday said it found that no major U.S. trading partners had manipulated their currencies for an export advantage, adding it …
By Jonathan Stempel NEW YORK (Reuters) -Jamie Dimon, the chief executive of JPMorgan Chase, will not have to sit for a second deposition in the U.S. Virgin Islands’ lawsuit over …
By Tim Hepher PARIS (Reuters) – Airbus has signed orders this month including 60 A320-family jets with a lessor and 10 A350s with a major airline, said the planemaker’s Chief …
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Fear of missing out on the recent stock market rally is driving traders in the U.S. equity options market to lap up …
HONG KONG (Reuters) -Chinese President Xi Jinping discussed the global rise of artificial intelligence with Bill Gates on Friday and said he welcomed U.S. firms including Microsoft bringing their AI …
By Karol Badohal and Supantha Mukherjee WROCLAW, Poland/STOCKHOLM (Reuters) – Intel plans to invest up to $4.6 billion in a new semiconductor assembly and test facility near Wrocław, Poland, as …
PARIS (Reuters) -Tesla is close to achieving fully autonomous vehicles, CEO Elon Musk said during a visit to Paris on Friday, adding autonomy was the “main driver” of the brand’s …
By Blake Brittain (Reuters) -Appliance maker Whirlpool on Thursday agreed to drop a U.S. lawsuit against its former Italian executive Davide Cabri that accused him of stealing trade secrets for …
BEIJING (Reuters) -Chinese President Xi Jinping called Bill Gates “an old friend” and said he hoped they could cooperate in a way that would benefit both China and the United …