Breaking Business news from across New Jersey.
By David Shepardson WASHINGTON (Reuters) -Many airlines will be unable to meet looming U.S. deadlines to retrofit airplane altimeters to ensure they are not susceptible to 5G wireless interference, the …
(Reuters) – Ultra low-cost carrier Spirit Airlines Inc posted better-than-expected quarterly results on Monday, fueled by strong demand for air travel despite ongoing economic concerns. Shares of Spirit rose over …
By Carolina Mandl, Shubham Batra and Johann M Cherian (Reuters) – U.S. stocks ended lower on Monday as investors shifted gears after considering the possibility that the U.S. Federal Reserve …
(Reuters) – AMC Entertainment Holdings will start selling tickets at different prices based on the location of the seat in a auditorium, the theater chain operator said on Monday. Theater …
TOKYO (Reuters) – Japan’s real wages rose in December for the first time since March despite rising inflation, as nominal pay grew at the fastest pace in nearly 26 years …
By David Shepardson WASHINGTON (Reuters) – The chair of the U.S. National Transportation Safety Board (NTSB) said a FedEx Boeing 767 cargo plane and a Southwest Airlines 737-700 that nearly …
By Luc Cohen and Jonathan Stempel NEW YORK (Reuters) -FTX founder Sam Bankman-Fried has reached an agreement with U.S. prosecutors that would let him contact some current or former employees …
By Josh Smith SEOUL (Reuters) – Last year was the worst on record for cryptocurrency heists, with hackers stealing as much as $3.8 billion, led by attackers linked to North …
By Michelle Nichols UNITED NATIONS (Reuters) – North Korea stole more cryptocurrency assets in 2022 than in any other year and targeted the networks of foreign aerospace and defense companies, …
By Chris Taylor NEW YORK (Reuters) – For generations, society has grappled with the question of whether money brings happiness. Now a new book has some answers – with the …
By Clara Denina, Melanie Burton and Divya Rajagopal (Reuters) -U.S.-based Newmont Corp is open to slightly increasing its $16.9 billion offer for Newcrest Mining Ltd, according to a source familiar …
By Chibuike Oguh (Reuters) -Carlyle Group Inc on Monday appointed former Goldman Sachs Inc executive Harvey Schwartz as its chief executive officer, taking on the tasks of driving the private …
By Jeffrey Dastin (Reuters) -Google owner Alphabet Inc on Monday said it will launch a chatbot service and more artificial intelligence for its search engine as well as developers, an …
By Steve Holland (Reuters) -The United States is considering raising the import tariff on Russian-made aluminum to 200%, as it seeks to ramp up pressure on Moscow over its war …
By Michael S. Derby (Reuters) – Lending officers at major banks told the Federal Reserve that in the final three months of last year they tightened standards and saw reduced …
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian stocks on Tuesday come off the back of their worst day since …
By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -Global equity markets fell and the dollar firmed on Monday after data showing a resilient U.S. jobs market suggested interest rates …
By Svea Herbst-Bayliss NEW YORK (Reuters) -Ken Griffin’s Citadel extended its winning streak with gains in January, weeks after ending 2022 with a $16 billion gain, the biggest profit ever …
By Diana Novak Jones (Reuters) – Nearly 60 lawsuits claiming hair relaxer products sold by L’Oreal USA Inc and other companies cause cancer and other health problems will be consolidated …
By Christian Kraemer and Jeff Mason WASHINGTON (Reuters) -German Economy Minister Robert Habeck expressed optimism on Monday about resolving a European Union trade dispute with Washington, saying he saw room …
(Reuters) -The U.S. Federal Reserve may need to lift borrowing costs higher than previously anticipated given the unexpectedly strong reading on jobs gains in January, Atlanta Federal Reserve Bank President …
NEW YORK (Reuters) – Goldman Sachs said on Monday it now sees a 25% probability of the United States entering a recession in the next 12 months, down from a …
WASHINGTON (Reuters) -A judge on Friday released a ruling denying the Federal Trade Commission’s request to stop Meta Platforms Inc from buying virtual reality content maker Within Unlimited, rejecting the …
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The dollar jumped to a four-week high against the euro on Monday, as last week’s blockbuster U.S. jobs report raised the likelihood …
By Steve Scherer and Fergal Smith OTTAWA/TORONTO (Reuters) – China’s rapid reopening is likely to fuel demand for commodities produced in abundance by Canada, potentially helping Canada’s economy avoid a …