Breaking Business news from across New Jersey.
By Diane Bartz WASHINGTON (Reuters) – A former executive at Samsung Electronics’ venture capital arm who proposed that mobile app developer Branch Metrics’ software offering be expanded in Samsung smartphones …
(Reuters) – Moody’s on Thursday downgraded Egypt’s credit rating by a notch to ‘Caa1’ from ‘B3’, citing the country’s worsening debt affordability. Egypt has been facing an economic crisis with …
By Daniel Wiessner (Reuters) – Elon Musk’s SpaceX has been sued by a female former employee who claims the rocket and satellite company pays and promotes women and minorities less …
By Noe Torres MEXICO CITY (Reuters) -Mexico’s main stock index posted its worst daily performance since January 2021 on Thursday, dragged down by a sharp sell-off in the country’s main …
By David Shepardson and Ben Klayman DETROIT (Reuters) -General Motors said on Thursday it had made a counteroffer to the United Auto Workers (UAW) in a bid to end a …
By Luc Cohen and Jody Godoy NEW YORK (Reuters) – Sam Bankman-Fried’s college roommate and ex-colleague, Gary Wang, testified on Thursday at the FTX cryptocurrency exchange founder’s fraud trial that …
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The curtain comes down on the first week of the …
By Diane Bartz WASHINGTON (Reuters) -The CEO of privacy-oriented search engine DuckDuckGo said its talks with Apple about a potential contract failed because the smartphone maker was reluctant to give …
By Paul Sandle and Yadarisa Shabong LONDON (Reuters) -Britain’s media regulator on Thursday asked the country’s antitrust authority to investigate U.S. tech giants Amazon and Microsoft’s dominance of the UK …
By David Shepardson WASHINGTON (Reuters) -A key Senate Republican said Thursday he plans to support the White House nominee to head the Federal Aviation Administration (FAA) as the agency addresses …
By Tim Hepher, Valerie Insinna and David Shepardson PARIS/WASHINGTON (Reuters) -The family name on the signature approving the sale of a complex jet engine part might perhaps have rung alarm …
SEOUL (Reuters) – South Korea’s foreign exchange reserves fell for a second month in September and by the biggest amount in four months, central bank data showed on Friday, as …
(Reuters) -Canadian technology company BlackBerry said on Wednesday it would separate its Internet of Things (IoT) and cybersecurity business units and target a subsidiary initial public offering for the IoT …
By David Shepardson (Reuters) -Workers will receive a 19% pay hike over five years under an agreement with Volvo Group-owned Mack Trucks and the United Auto Workers, according to a …
By David Shepardson WASHINGTON (Reuters) -U.S. National Highway Traffic Safety Administration (NHTSA) officials on Thursday told a public hearing the government should require the recall of 52 million air bag …
By Herbert Lash and Elizabeth Howcroft NEW YORK/LONDON (Reuters) – The dollar eased while a gauge of global equities edged higher on Thursday as investors considered a still-tight U.S. labor …
NEW YORK (Reuters) – The Federal Reserve said on Thursday that credit it has extended to help wind down failed banks marked a big drop in the latest week. The …
By Granth Vanaik (Reuters) -Conagra Brands on Thursday reported quarterly profit above Wall Street estimates, as prices hikes and easing cost pressures helped offset slowing demand for the Slim Jim …
By Davide Barbuscia NEW YORK (Reuters) – A wild week in Treasury markets is set to culminate with the U.S. payrolls report on Friday, and some investors believe benign data …
By Ann Saphir (Reuters) -Federal Reserve officials on Thursday indicated little concern that the recent rise in U.S. Treasury yields could imperil a “soft landing” for the economy, and said …
By Jamie McGeever ORLANDO, Florida (Reuters) – The surge in long-dated U.S. bond yields currently underway and driving the so-called ‘bear steepening’ of the yield curve will dramatically reduce the …
By Eric Onstad LONDON (Reuters) – The United States and partners are working on 15 projects to secure supplies of critical minerals needed for electric vehicles and the energy transition, …
By Dan Levine and Hyunjoo Jin SAN FRANCISCO (Reuters) – A Tesla engineer in court on Wednesday rejected a lawyer’s suggestion that the company named its driver-assistant feature “Full Self-Driving” …
(Reuters) – Paris-based drugmaker Sanofi is exploring a potential acquisition of cancer drugmaker Mirati Therapeutics, Bloomberg News reported on Thursday citing people familiar with the matter. Deliberations are ongoing and …
By Max A. Cherney (Reuters) – Artificial intelligence chipmaker Graphcore said it needed to raise cash due to widening losses, according to a filing, as Nvidia’s dominance in AI chips …
