Breaking Business news from across New Jersey.
By Paul Sandle and Pushkala Aripaka LONDON (Reuters) -Britain’s competition watchdog on Tuesday launched an in-depth investigation into the dominance of the mobile browsers of Apple and Google. Responses to …
(Reuters) – The Federal Reserve may need to raise interest rates to a higher level and hold them there for longer in order to successfully moderate consumer demand and bring …
By Hannah Lang (Reuters) – Venture capital company Digital Currency Group, which owns Genesis Trading and cryptocurrency asset manager Grayscale, owes $575 million to Genesis’ crypto lending arm, Chief Executive …
By David Shepardson and Lisa Baertlein WASHINGTON/LOS ANGELES (Reuters) – Workers at the largest U.S. rail union voted against a tentative contract deal reached in September, raising the possibility of …
(Reuters) – Troubled cryptocurrency lender Genesis Global Capital has hired investment bank Moelis & Company to explore options including a potential bankruptcy, the New York Times reported on Tuesday citing …
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The dollar retreated across the board on Tuesday, ceding some of the ground gained in the previous session, as investors looked past …
By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose about 1% on Tuesday after top exporter Saudi Arabia said OPEC+ was sticking with output cuts and could take further steps …
MEXICO CITY (Reuters) – Mexico’s annual headline inflation is forecast to have eased in the first half of November but to have stayed well above official targets, a Reuters poll …
(Reuters) -Global vaccine alliance Gavi on Tuesday rejected Novavax’s claim that the group had breached an advance purchase agreement to procure 350 million doses of the company’s COVID-19 vaccine. Novavax …
By Diane Bartz WASHINGTON (Reuters) -A U.S. Senate antitrust panel will hold a hearing on the lack of competition in the ticketing industry after Ticketmaster’s problems last week managing the …
By Daniel Wiessner (Reuters) – President Joe Biden’s administration on Tuesday reversed restrictions imposed under his predecessor Donald Trump on retirement plans considering environmental, social and governance (ESG) factors such …
BRASILIA (Reuters) – Brazilian Economy Minister Paulo Guedes projected on Tuesday that the country’s gross debt would fall to 74.3% of GDP in 2022, the lowest level since 2018 (75.3%). …
BRASILIA (Reuters) -Brazil’s government on Tuesday boosted its projection for this year’s fiscal surplus, which will be the first since 2013, thanks to more upward revisions in federal revenues. The …
By Dawn Chmielewski and Helen Coster (Reuters) – Walt Disney Co’s Bob Iger will once again be asked to identify his successor as chief executive — one of his greatest …
(Reuters) – Major U.S. railroads and unions representing 115,000 workers reached a tentative deal last week and averted a potential strike that could have stalled almost 30% of U.S. cargo …
By Koh Gui Qing NEW PROVIDENCE, Bahamas (Reuters) -Sam Bankman-Fried’s FTX, his parents and senior executives of the failed cryptocurrency exchange bought at least 19 properties worth nearly $121 million …
WASHINGTON (Reuters) – Owners of social media platforms should consider their personal responsibility regarding health disinformation, and the public should choose reputable sources to trust, White House COVID-19 response coordinator …
SAO PAULO (Reuters) -The transition team for Brazil’s President-elect Luiz Inacio Lula da Silva has asked the current administration to halt ongoing asset sales by state-run oil giant Petrobras until …
CAIRO (Reuters) – The Saudi stock exchange will be closed on Wednesday after Saudi Arabia declared a public holiday and will reopen on Thursday, state TV reported on Tuesday. King …
WASHINGTON (Reuters) – The White House said on Tuesday that it is open to seeing a debt ceiling increase approved before year-end in Congress’s post-election “lame duck” session. “That is …
ATHENS (Reuters) – Egypt will provide 5,000 seasonal workers to help meet the growing needs of Greece’s agricultural sector under a pilot scheme agreed by the two countries on Tuesday. …
WASHINGTON (Reuters) – U.S. President Joe Biden is “directly” involved in negotiations to end a railroad strike that threatens to shutdown supply chains, the White House said. The president has …
By Chibuike Oguh NEW YORK (Reuters) – Private equity firm Stonepeak Partners is aiming to raise between $15 billion and $20 billion for its next flagship North American infrastructure fund …
By Heekyong Yang SEOUL (Reuters) -South Korea’s LG Chem Ltd said on Tuesday it will invest more than $3 billion to build a battery cathode factory in Tennessee, as it …
BERLIN (Reuters) – Germany’s economic picture has become slightly brighter, with improvements in gas supply, in particular, having an effect, the head of Germany’s Ifo institute told Reuters on Tuesday. …