Breaking Business news from across New Jersey.
BEIJING (Reuters) – Chinese hotels and restaurants are seeking employees amid demand recovery in the services sector after the end of Beijing’s zero-COVID protocols, with a survey by a leading…
(Reuters) – Twitter will start sharing revenue from advertisements with some of its content creators, Chief Executive Elon Musk said on Friday. Effective Friday, revenue from ads that appear on…
By Foo Yun Chee BRUSSELS (Reuters) – Intel could face yet another EU antitrust fine despite winning its court fight last year against a 1.06 billion euro ($1.2 billion) penalty…
By Sarita Chaganti Singh, Aditya Kalra and Shivam Patel NEW DELHI (Reuters) – Financial contagion fears spread in India on Friday as the Adani Group’s crisis worsened, with ratings agency…
By Ben Klayman and Stephen Nellis DETROIT/SAN FRANCISCO (Reuters) – Ford Motor Co’s disappointing quarterly results underscored that disruptions caused by the global semiconductor shortage are still bedeviling automakers, but…
By Foo Yun Chee BRUSSELS (Reuters) – Oreo maker Mondelez has set aside 300 million euros ($326 million) to resolve an EU antitrust investigation into whether it blocked cross-border sales…
(Reuters) – Disappointing earnings from Apple Inc, Alphabet Inc and Amazon.com on Thursday renewed concerns of a slowdown in demand as consumers and businesses remain cautious about spending amid rising…
By Caroline Valetkevitch and Herbert Lash (Reuters) – Big Tech led U.S. markets on a sharp rebound to kick off 2023. The message from their earnings on Thursday: not so…
TOKYO (Reuters) – Toyota Motor Corp will launch two higher-end luxury vehicles in Japan during the next financial year as it seeks to capture a larger share of the luxury…
By A. Ananthalakshmi and Rozanna Latiff KUALA LUMPUR (Reuters) – U.S. customs authorities on Friday lifted a two-year import ban on palm oil products made by Malaysia’s Sime Darby Plantation,…
(Reuters) – The U.S. Securities and Exchange Commission may soften a proposed rule governing corporate disclosure of climate-related costs as a result of industry push-back, the Wall Street Journal reported…
WASHINGTON (Reuters) – U.S. services industry activity rebounded strongly in January, with new orders recovering and prices paid by businesses for materials continuing to rise at a moderate pace, hopeful…
(Reuters) – Energy firms are using a chunk of their bumper quarterly profits from surging natural gas and fuel prices to reward shareholders with higher dividends and share buybacks. The…
By Uditha Jayasinghe and Jorgelina do Rosario (Reuters) – A group of overseas private creditors is ready to hold debt restructuring talks with Sri Lanka consistent with the International Monetary…
By Jeffrey Dastin (Reuters) – Big Tech companies have a new obsession: artificial intelligence. This week, chief executives across the sector packed earnings calls with mentions of the heavily hyped…
NEW YORK (Reuters) – U.S. job growth accelerated sharply in January amid a persistently resilient labor market, but a further moderation in wage gains should give the Federal Reserve some…
FRANKFURT/DUESSELDORF (Reuters) -A top-20 Thyssenkrupp shareholder called on Friday for the rapid disposal of the German group’s warship and submarine business, saying its risks outweighed any potential benefits. Thyssenkrupp is…
SAO PAULO (Reuters) -Industrial production in Brazil ended 2022 with a 0.7% drop on the previous year, government statistics agency IBGE said on Friday, losing some of the gains the…
LONDON (Reuters) -Investors showed “no inflation fear” in the run-up to this month’s key central bank meetings, ploughing money into bonds and stocks in the week to Wednesday, a report…
(Reuters) – U.S. bond funds drew money inflows for a fourth straight week in the seven days to Feb. 1, on hopes of slowing rate hikes, with its economy grappling…
(Reuters) -Regeneron Pharmaceuticals Inc reported a better-than-expected fourth-quarter profit on Friday, as strong demand for eczema drug Dupixent helped shield a drop in U.S. sales of its blockbuster eye drug, Eylea.…
By Lefteris Papadimas ATHENS (Reuters) – Greece will have to wait until after parliamentary elections this year to win back its long-awaited investment grade rating, and it will only do…
(Reuters) -Exchange operator Cboe Global Markets Inc beat fourth-quarter profit estimates on Friday, driven by heavy trading volumes from investors reworking their portfolios to hedge against risks from the market…
bsBERLIN/STUTTGART (Reuters) – German automotive supplier Bosch considers recovery in China as key to success this year, it said on Friday, steering clear of concrete forecasts despite reporting a more…
FRANKFURT (Reuters) – The European Central Bank will continue to raise rates beyond March and hikes could even exceed market expectations unless stubborn underlying inflation turns around, Belgian policymaker Pierre…