Breaking Business news from across New Jersey.
By Ankika Biswas and Amruta Khandekar (Reuters) – European shares ended higher on Friday as investors assessed mixed earnings from the region, while easing inflation in the United States bolstered…
By Hannah Lang (Reuters) -The U.S. Federal Reserve on Friday rejected crypto-focused Custodia Bank’s application to become a member of the Federal Reserve System, saying the bank’s proposed business model…
By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) -To listen to Goldman Sachs Group Inc Chief Executive David Solomon, the bank is doing “great,” while skeptical investors wonder what…
MILAN (Reuters) – Goldman Sachs is one of various fund and bank investors that have expressed interest in financing the growth of the media business of Italy’s top-flight soccer league,…
AMSTERDAM (Reuters) – The Netherlands’ Prime Minister Mark Rutte said on Friday that it is not clear whether his government will disclose the result of ongoing talks with the U.S.…
OTTAWA, Jan 27 (Reuters) – Canada recorded a C$3.55 billion ($2.67 billion) budget deficit for the first eight months of the 2022/23 fiscal year, partly due to higher debt charges,…
BRASILIA (Reuters) – Brazil’s central government reported its first primary budget surplus in nine years, driven by record revenues, but which does not pave the way for continued fiscal improvement,…
By Sabrina Valle HOUSTON (Reuters) – Chevron Corp on Friday posted a record $36.5 billion profit for 2022 that was more than double year-earlier earnings, but the bottom line fell…
BEIJING (Reuters) – Almost a quarter more domestic Chinese tourism trips have been made during this year’s Lunar New Year holiday, while cross-border travel more than doubled in the first…
ROME (Reuters) -Italy’s Treasury on Friday said it had signed a letter of intent with Lufthansa over the sale of a minority stake in state-owned airline ITA Airways, paving the…
(This Jan. 26 story has been corrected to show Essity’s energy costs were helped by subsidies, not that it received 500 million Swedish crowns in energy-related subsidies, in the fifth…
By Svea Herbst-Bayliss (Reuters) – Salesforce Inc on Friday named three new board directors, including the chief of hedge fund ValueAct Capital, amid pressure from activist investors for better cost…
By Paul Lienert (Reuters) – Tesla Inc’s electric vehicles are expensive to repair – so much so that the automaker and insurers are addressing the issue in sharply different ways.…
By Manya Saini (Reuters) -American Express Co’s upbeat profit forecast for the year on Friday eased worries of economic uncertainty denting consumer spending and sent its shares up 10% in…
(Reuters) – U.S. consumers entered 2023 with the most optimism in nine months, buoyed by healthy incomes and easing inflation even as most worry a recession could trip up the…
By Ann Saphir and Lindsay Dunsmuir (Reuters) -Federal Reserve policymakers are finally seeing some sustained progress in sapping high inflation, cementing their plan to raise interest rates by a quarter…
By Sarah Young LONDON (Reuters) – Shares in Rolls-Royce fell as much as 4% on Friday after its new CEO warned staff the aerospace company, Britain’s premier blue-chip engineering group,…
(Reuters) -Weekly inflows into stocks in the week to Wednesday were the largest in six weeks, data from BofA Global Research showed, as China’s reopening of its borders and expectations…
By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s central bank will keep a wary stance next week against strong criticism from recently elected President Luiz Inacio Lula da Silva, maintaining…
WASHINGTON (Reuters) – Contracts to buy U.S. previously owned homes increased for the first time in seven months in December as mortgage rates declined, another hopeful sign that the embattled…
By Chris Thomas, Sriram Mani and Aditya Kalra MUMBAI (Reuters) -Shares of India’s Adani Enterprises plunged on Friday after a scathing report by a U.S. short seller triggered a selloff…
By Daniel Wiessner (Reuters) – Twitter Inc has asked a federal judge to toss out a proposed class action claiming the company targeted female employees during its recent mass layoffs,…
By Jane Lanhee Lee and Chavi Mehta OAKLAND, Calif/BANGALORE (Reuters) -Microprocessor giant Intel Corp says it will regain its footing against AMD and other chip rivals which are gobbling up…
By Huw Jones LONDON (Reuters) – The European Central Bank (ECB) on Friday rejected calls from Europe’s banks to ease capital rules to boost lending and put them on an…
By Nupur Anand and Siddhi Nayak MUMBAI (Reuters) – Some of India’s leading public sector banks said on Friday their exposure to the Adani Group was within the limits prescribed…