Business News

By Noel Randewich (Reuters) – Shares of Arm Holdings and Instacart deepened their recent losses on Friday after analysts gave lukewarm ratings to the two companies that recently held highly …

(Reuters) – Comcast’s NBCUniversal on Friday appointed veteran executive Rick Cordella as president of its sports division. Cordella will take charge of NBC Sports’ platforms including NBC Olympics, Golf Channel …

(Reuters) -The United Auto Workers (UAW) union said on Friday it would expand its coordinated strike against General Motors Co and Stellantis but added that it had made real progress …

(Reuters) -The Federal Trade Commission will file a long-awaited antitrust lawsuit against Amazon in federal court as soon as Tuesday, Politico reported on Friday, kicking off the latest leg in …

By Pete Schroeder (Reuters) -The U.S. Securities and Exchange Commission on Friday said Citadel Securities LLC, a Miami-based broker-dealer, had agreed to pay $7 million to settle charges it incorrectly …

MEXICO CITY (Reuters) – A U.S. trade official stressed Mexico’s need to address “serious concerns” from the United States of its energy measures, which were raised during consultations under a …

(Corrects spelling of Bardrick in paragraph 3 and 7.) By Anousha Sakoui LONDON (Reuters) -Citigroup has warned UK-based employees of the likelihood of redundancies as the lender pushes ahead with …

(Reuters) -U.S. auto safety regulators said on Friday they are investigating about 240,000 of 2018-2021 Ford EcoSport vehicles after consumer complaints alleging oil pump failure. The investigation was opened on …

By David Shepardson WASHINGTON (Reuters) – The U.S. Commerce Department on Friday is issuing final rules to prevent semiconductor manufacturing subsidies from being used by China and other countries deemed …

By Bansari Mayur Kamdar and Shashwat Chauhan (Reuters) – European shares closed lower on Friday, logging sharp weekly losses as investors grappled with the prospects of global interest rates remaining …

FRANKFURT (Reuters) – Shares of Commerzbank were down 3.4% late on Friday after a German newspaper reported details of the lender’s new strategy plans to be announced in November. The …

(Reuters) -Mexico’s headline inflation eased in the first half of September, official data showed on Friday, with the president calling on the central bank to focus on promoting economic growth …

RIO DE JANEIRO (Reuters) -Stellantis will invest up to 2.5 billion reais ($508 million) in its plant in Rio de Janeiro state, its CEO for South America, Antonio Filosa, said …

By Helen Coster and Dawn Chmielewski NEW YORK (Reuters) -When Lachlan Murdoch, the eldest son of media titan Rupert Murdoch, was named the sole chairman of News Corp and Fox …

(Reuters) – The United Auto Workers (UAW) union on Friday expanded its coordinated U.S. strike against General Motors Co and Stellantis, but said it had made real progress in talks …

By Timothy Aeppel (Reuters) – Jeffrey Aznavorian has already cut output about 6% at his small auto parts factory outside Detroit due to the United Auto Workers strike. But he …

By Rishav Chatterjee (Reuters) – Australian airline Regional Express on Friday suspended more flights from Sydney and accused competitors such as Qantas Airways of “pillaging” its regional pilots, allegations which …

MILAN (Reuters) – Auto parts maker Marelli will consult unions on a plan announced this week to shut one of its plants producing components for internal combustion engines (ICE) hit …

(Reuters) – China Evergrande said on Friday it would not be conducting the scheme meeting scheduled on Sept. 25 and Sept. 26 as the embattled property developer considers it necessary …

By Manuel Ausloos and Louise Dalmasso PARIS (Reuters) -Workers at Apple stores in France began a nationwide strike over pay and working conditions on Friday in a protest designed to …

By Giuseppe Fonte ROME (Reuters) – Italy sees its 2023 budget deficit overshooting at around 5.5% of gross domestic product (GDP) from the current 4.5% target, sources told Reuters, pushed …

ZURICH (Reuters) -The war in Ukraine has reduced European economic growth and “considerably” pushed up inflation across the continent, the Swiss National Bank said in a study published on Friday, …

By Nelson Bocanegra BOGOTA (Reuters) – Colombia’s central bank is expected to hold its benchmark interest rate at 13.25% during the board’s meeting next week as inflation has been falling …

By Howard Schneider WASHINGTON (Reuters) – Further Federal Reserve interest rate increases are “not off the table” with inflation still not clearly contained, Boston Federal Reserve President Susan Collins said …

TOMS RIVER, NJ – The culinary scene in Toms River is changing. From what was once diners, pizzerias and American classic food restaurants, new opportunities are emerging in nearly every …