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Category:

Business News

Breaking Business news from across New Jersey.

  • Business News

    Thai Aug exports unexpectedly rise for first time in 11 months

    by Reuters September 26, 2023
    by Reuters September 26, 2023

    By Kitiphong Thaichareon and Orathai Sriring BANGKOK (Reuters) -Thai exports unexpectedly rose for the first time in 11 months in August amid weak global demand, and the ministry said on …

  • Business News

    Ford says ‘significant gaps’ remain in UAW labor contract talks

    by Reuters September 26, 2023
    by Reuters September 26, 2023

    By David Shepardson (Reuters) -Ford Motor said on Sunday that despite progress in some areas, it still has “significant gaps to close” on key economic issues before it can reach …

  • Business News

    Singapore Aug manufacturing output dives 12% y/y, more than expected

    by Reuters September 26, 2023
    by Reuters September 26, 2023

    By Chen Lin SINGAPORE (Reuters) – Singapore’s industrial output in August plunged 12.1% year-on-year, contracting for an 11th consecutive month and more steeply than expected, official data showed on Tuesday. …

  • Business News

    China’s e-commerce discount race to the bottom puts incumbents under pressure

    by Reuters September 26, 2023
    by Reuters September 26, 2023

    By Casey Hall SHANGHAI (Reuters) – Discount e-commerce is set to dominate globally during the critical upcoming holiday shopping season in the West and Singles’ Day in China, analysts said. …

  • Business News

    US will have 18 ETFs launched this week for 2023 weekly record

    by Reuters September 26, 2023
    by Reuters September 26, 2023

    By Suzanne McGee (Reuters) – As many as 18 new exchange-traded funds (ETFs) are scheduled to launch in the United States market this week, more than double the average weekly …

  • Business News

    Marketmind: Treasury yields march on

    by Reuters September 26, 2023
    by Reuters September 26, 2023

    A look at the day ahead in European and global markets from Kevin Buckland The “higher for longer” rates mantra continues to reverberate around markets, a week on from the …

  • Business News

    Australia’s Byron Bay limits Airbnb-like rentals amid housing crisis

    by Reuters September 26, 2023
    by Reuters September 26, 2023

    SYDNEY (Reuters) – Popular Australian tourist destination Byron Bay will limit the availability of some properties for short-term holiday rentals, as authorities try to free up homes for residents amid …

  • Business News

    US gets more time for oil auction in lawsuit over Gulf of Mexico whales

    by Reuters September 25, 2023
    by Reuters September 25, 2023

    By Nichola Groom and Clark Mindock (Reuters) -A U.S. appeals court on Monday gave the Biden administration until Nov. 8 to hold an expanded sale of oil and gas leases …

  • Business News

    Australia fines lender ANZ $9.6 million for misleading customers over funds

    by Reuters September 25, 2023
    by Reuters September 25, 2023

    (Reuters) -Australia’s corporate regulator said on Tuesday the federal court has ordered ANZ Group Holdings to pay a penalty of A$15 million ($9.63 million) for misleading customers about funds available …

  • Business News

    IMF board clears Suriname review, sees advance in China debt talks

    by Reuters September 25, 2023
    by Reuters September 25, 2023

    NEW YORK (Reuters) -The board of the International Monetary Fund said on Monday it had completed a third review of Suriname’s $630 million program, allowing the government of the South …

  • Business News

    Fed’s Kashkari sees another rate hike, then a hold

    by Reuters September 25, 2023
    by Reuters September 25, 2023

    By Ann Saphir (Reuters) -Minneapolis Federal Reserve Bank President Neel Kashkari said on Monday that given the surprising resilience of the U.S. economy, the Fed probably needs to raise borrowing …

  • Business News

    Global warming will hit Australian crop yields and GDP, treasurer says

    by Reuters September 25, 2023
    by Reuters September 25, 2023

    CANBERRA (Reuters) – Australian crop yields could be 4% below current levels by 2063, reducing the country’s economic output by A$1.8 billion ($1.2 billion) a year, unless action is taken …

  • Business News

    Pilots at Australia’s Qantas demand chair quit over scandals

    by Reuters September 25, 2023
    by Reuters September 25, 2023

    SYDNEY (Reuters) – A union for pilots employed by Australia’s Qantas Airways called for the company’s chairman to resign following a host of scandals that have drawn fierce criticism from …

  • Business News

    SoftBank Corp to raise $800 million from bond-type shares in Japan first

    by Reuters September 25, 2023
    by Reuters September 25, 2023

    By Anton Bridge (Reuters) – SoftBank Corp plans to raise 120 billion yen ($809 million) in Japan’s first public offering of a bond-type class of shares, it said in a …

  • Business News

    United Steelworkers union chief Tom Conway dies at 71

    by Reuters September 25, 2023
    by Reuters September 25, 2023

    (Reuters) -Thomas Conway, international president of the United Steelworkers (USW) union that represents 850,000 North American steel, paper, health, education and oil workers, has died at the age of 71, …

  • Business News

    Thomson Reuters AI copyright dispute must go to trial, judge says

    by Reuters September 25, 2023
    by Reuters September 25, 2023

    By Blake Brittain (Reuters) – A jury must decide the outcome of a lawsuit by information services company Thomson Reuters accusing Ross Intelligence of unlawfully copying content from its legal-research …

  • Business News

    Hollywood prepares for partial return to work after writers’ deal

    by Reuters September 25, 2023
    by Reuters September 25, 2023

    By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) – Talk show producers started planning new episodes on Monday, the first steps to put Hollywood back to work after writers …

  • Business News

    Wall Street posts gains as investors eye rate outlook

    by Reuters September 25, 2023
    by Reuters September 25, 2023

    By Lewis Krauskopf, Ankika Biswas and Shashwat Chauhan (Reuters) – Wall Street’s main indexes posted gains on Monday, with increases in Amazon.com shares and the energy sector, as Treasury yields …

  • Business News

    Britain signs trade accord with Washington state, eyes Florida next

    by Reuters September 25, 2023
    by Reuters September 25, 2023

    By Alistair Smout and Andrea Shalal LONDON/WASHINGTON (Reuters) -Britain on Monday signed a memorandum of understanding on trade with the U.S. state of Washington, and a top official said a …

  • Business News

    Conservative activist uses Civil War-era law to challenge US corporate diversity

    by Reuters September 25, 2023
    by Reuters September 25, 2023

    By Nate Raymond (Reuters) – The anti-affirmative action activist behind the successful U.S. Supreme Court challenge to race-conscious college admissions policies is trying to use a Civil War-era law designed …

  • Business News

    Japan corporate service prices rise 2.1% yr/yr

    by Reuters September 25, 2023
    by Reuters September 25, 2023

    TOKYO (Reuters) – Japan’s business-to-business service prices rose 2.1% in August from a year earlier, accelerating from a 1.7% year-on-year gain in July, central bank data showed on Tuesday. The …

  • Business News

    American Airlines appeals court ruling halting JetBlue alliance

    by Reuters September 25, 2023
    by Reuters September 25, 2023

    (Reuters) – American Airlines on Monday appealed a U.S. court decision requiring it to end an alliance with JetBlue Airways. U.S. District Judge Leo Sorokin ruled in May the airlines’ …

  • Business News

    South Korea to allow foreign financial firms to trade won onshore

    by Reuters September 25, 2023
    by Reuters September 25, 2023

    SEOUL (Reuters) – South Korea said on Tuesday it will begin accepting applications starting Oct. 18 from foreign financial institutions for permits to participate in the onshore dollar-won interbank market. …

  • Business News

    US senators pressure Treasury to get more aggressive on climate crisis risks

    by Reuters September 25, 2023
    by Reuters September 25, 2023

    By Andrea Shalal WASHINGTON (Reuters) -Elizabeth Warren, Bernie Sanders and four other U.S. senators are pressuring the U.S. Treasury Department to step up oversight and offer more guidance to financial …

  • Business News

    Bezos’s Blue Origin names former Amazon executive as CEO -internal email

    by Reuters September 25, 2023
    by Reuters September 25, 2023

    By Joey Roulette (Reuters) -The chief executive officer of Jeff Bezos’s space company Blue Origin, Bob Smith, will step down at the end of the year to be replaced by …

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