Breaking Business news from across New Jersey.
(Reuters) – British Prime Minister Rishi Sunak will increase the national living wage and give 8 million households cost-of-living payments worth up to 1,100 pounds($1,292.61), The Times reported on Monday. …
(Reuters) – Uruguayan payments firm dLocal posted a higher third-quarter net profit compared with last year as payment volumes on its platform jumped, the company said in a statement on …
By David Shepardson WASHINGTON (Reuters) -A third U.S. rail union voted on Monday to reject a tentative national contract reached in September, but expects to continue negotiating to reach a …
By Tom Hals WILMINGTON, Del (Reuters) – A Tesla Inc director and a former executive took the stand on Monday and defended Elon Musk’s $56 billion pay package against a …
LONDON (Reuters) – After major crypto exchange FTX filed for U.S. bankruptcy protection on Friday, the crypto industry is bracing for further fallout. Some of FTX’s investors have said they …
By David Randall NEW YORK (Reuters) – Hedge funds Group One Trading LP, Two Sigma Investments LP and Holocene Advisors LP were among the largest purchasers of Tesla Inc stock …
WASHINGTON (Reuters) -S&P Global Ratings agreed to pay a $2.5 million penalty to settle U.S. Securities and Exchange Commission charges that it violated rules to prevent conflicts of interest, the …
(This Nov. 13 story has been refiled to say in headline ‘Neck and neck U.S. midterm races’ rather than ‘Democrats’ big midterm gains’.) By Rodrigo Campos and Ira Iosebashvili (Reuters) …
(Updates prices, adds commentary) By Sinéad Carew and Joice Alves NEW YORK/LONDON (Reuters) – The U.S. dollar gained against the yen and the euro on Monday but pulled back from …
By Manya Saini and Carolina Mandl (Reuters) -Investment firm Tiger Global Management raised its stake in tech giant Microsoft Corp, Jack Dorsey’s payments firm Block Inc and Uber Technologies Inc …
By Sameer Manekar (Reuters) – Commonwealth Bank of Australia, the country’s largest bank, on Tuesday reported better-than-expected cash earnings for the first quarter, helped by lending growth and rising interest …
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. With U.S. inflation looking increasingly likely to have peaked, debate is raging on …
By Anshuman Daga and Yantoultra Ngui SINGAPORE (Reuters) – Temasek Holdings is exploring selling Advanced MedTech, multiple sources told Reuters on Monday, after the medical devices firm, fully-owned by the …
(Reuters) – Activist investor Ancora Holdings Group said on Monday Ritchie Bros Auctioneers Inc’s $7.3 billion buyout deal for U.S.-based vehicle marketplace IAA Inc was a “poorly structured sweetheart deal” …
By Tom Polansek CHICAGO (Reuters) -Tyson Foods Inc should hire an external firm to lead a review into Chief Financial Officer John R. Tyson’s recent arrest, corporate governance experts said …
SEOUL (Reuters) – South Korea’s export and import prices rose at slower paces in October, with the latter softening to a 15-month low, central bank data showed on Tuesday. The …
NEW YORK (Reuters) – Speculators’ net long bets on the U.S. dollar fell in the latest week to the smallest position in more than a year, according to calculations by …
(Reuters) -FedEx Corp’s freight division is furloughing employees in some U.S. markets as current business conditions are hurting its volumes, the package-delivery company said on Monday. The move comes barely …
(Reuters) – Speculators raised their short positions on two-year Treasury note futures to the most since at least 1990 in the latest week, Commodity Futures Trading Commission (CFTC) data showed …
(Reuters) – Nu Holdings Ltd posted a near three-fold jump in third-quarter revenue on Monday, as the Warren Buffett-backed digital banking firm saw rapid customer growth in its key domestic …
MADRID (Reuters) – Spanish Economy Minister Nadia Calvino on Monday said “everything points out” that the country’s gross domestic product in 2022 will grow above the 4.4% rate predicted in …
By Laura Sanicola (Reuters) -Oil prices settled around $3 lower on Monday, dragged down by a firmer U.S. dollar while surging coronavirus cases in China dashed hopes of a swift …
MEXICO CITY (Reuters) – The International Monetary Fund (IMF) gave final board approval to grant Costa Rica a $725 million sustainability loan, the Fund said in a statement Monday, directed …
WASHINGTON (Reuters) – U.S. President Joe Biden has tapped Martin Gruenberg to serve as chairman of the board of directors of the Federal Deposit Insurance Corporation, the White House said …
By Akash Sriram (Reuters) – Every time Lucid Group Inc or Rivian Automotive Inc sells an electric car, they are losing hundreds of thousands of dollars due to staggering raw …