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Category:

Business News

Breaking Business news from across New Jersey.

  • Business News

    Full US government shutdown likely, could impact Fed -PIMCO

    by Reuters September 19, 2023
    by Reuters September 19, 2023

    By David Randall and Dhara Ranasinghe NEW YORK (Reuters) – A full, lengthy shutdown of the U.S. government is “likely” at the end of the month and could leave the …

  • Breaking NewsBusiness NewsCommunity NewsFeatured NewsFood & DiningGood NewsGovernment NewsNew Jersey NewsNorth Jersey NewsPolice Blotter

    Chef from Food Network’s Chopped Arrested for Sexual Assault of New Jersey Girl, 16

    by Charlie Dwyer September 19, 2023
    by Charlie Dwyer September 19, 2023

    TEANECK, NJ – Prosecutor Mark Musella announced the arrest of Shalom Yehudiel, a business owner from Aventura, Florida, on multiple charges including sexual assault and endangering the welfare of a …

  • Business News

    HSBC hires eight former Credit Suisse bankers to global equities unit

    by Reuters September 19, 2023
    by Reuters September 19, 2023

    LONDON (Reuters) – HSBC has hired eight former Credit Suisse traders and sales personnel to its global equities business, the bank said in a statement on Tuesday, as it seeks …

  • Business News

    New marijuana ETF hits the block amid pot stocks rally

    by Reuters September 19, 2023
    by Reuters September 19, 2023

    By Bansari Mayur Kamdar (Reuters) – Subversive Capital Advisor launched its sixth exchange-traded fund – Subversive Cannabis ETF – on Tuesday, just as recent U.S. moves to ease curbs sparked …

  • Business News

    UK minister rejects Microsoft criticism of decision to block Activision deal

    by Reuters September 19, 2023
    by Reuters September 19, 2023

    LONDON (Reuters) – British business minister Kemi Badenoch said on Tuesday she did not agree with Microsoft President Brad Smith that the Competition and Market Authority’s initial decision to block …

  • Business News

    TPG explores sale of restaurant chain Mendocino Farms -sources

    by Reuters September 19, 2023
    by Reuters September 19, 2023

    By Abigail Summerville NEW YORK (Reuters) – Private equity firm TPG Inc is exploring options for Mendocino Farms, including a sale that could value the fast-casual restaurant chain at over …

  • Breaking NewsBusiness NewsCommunity NewsFeatured NewsFood & DiningJersey Shore NewsNew Jersey NewsTop 10 Lists

    The Best Barbecue Spots at the New Jersey Shore Await You

    by Jessica Woods September 19, 2023
    by Jessica Woods September 19, 2023

    TOMS RIVER, NJ – Barbecue, often abbreviated as BBQ, has a rich and complex history in the United States. The practice of slow-cooking meat over a wood fire has its …

  • Business News

    Sidelined on UAW strikes, Biden White House talks economic aid

    by Reuters September 19, 2023
    by Reuters September 19, 2023

    By Nandita Bose WASHINGTON (Reuters) -As the UAW strike enters its fifth day, the Biden administration is hobbled by a lack of legal authority to steer the talks and difficulty …

  • Business News

    Google launches last-ditch effort to overturn $2.6 billion EU antitrust fine

    by Reuters September 19, 2023
    by Reuters September 19, 2023

    By Foo Yun Chee LUXEMBOURG (Reuters) -Alphabet’s Google on Tuesday made a last-ditch effort at Europe’s top court to overturn a 2.42 billion euro ($2.6 billion) EU antitrust fine imposed …

  • Business News

    Instacart set to be valued at nearly $13 billion in Wall Street debut

    by Reuters September 19, 2023
    by Reuters September 19, 2023

    (Reuters) – Shares of Instacart were indicated to trade 30% above their initial public offering price in their Nasdaq debut on Tuesday, giving the grocery delivery app a potential valuation …

  • Breaking NewsBusiness NewsCommunity NewsFeatured NewsFood & DiningNew Jersey NewsNew York City News

    New Jersey’s Top Pizza Makers to Attend World’s Biggest Pizza Festival in New York City

    by Shore News Network September 19, 2023
    by Shore News Network September 19, 2023

    BROOKLYN, NY – Elite pizzerias from New Jersey will showcase their culinary expertise at the inaugural One Bite Pizza Festival in Brooklyn this Saturday. The event will take place at …

  • Breaking NewsBusiness NewsCommunity NewsFeatured NewsNew Jersey NewsTravel

    Gas Prices Could Soon Hit $4 in New Jersey as Oil Prices Rise Again

    by Conservative Times September 19, 2023
    by Conservative Times September 19, 2023

    TRENTON, NJ – Gas prices in New Jersey this week are hovering in the $3.78 range, but that might not last long. News from around the world show a dire …

  • Business News

    Brazil’s economic activity at start of third quarter beats expectations

    by Reuters September 19, 2023
    by Reuters September 19, 2023

    BRASILIA (Reuters) – The Brazilian economy kicked off the third quarter with a stronger-than-expected pace, bolstering recent upward revisions in the country’s GDP growth forecast for 2023. The IBC-Br economic …

  • Business News

    Yellen says U.S. ‘soft landing’ can weather strike, govt shutdown, student loan risks

    by Reuters September 19, 2023
    by Reuters September 19, 2023

    By David Lawder NEW YORK (Reuters) -U.S. Treasury Secretary Janet Yellen told Reuters that a “soft-landing” scenario for the U.S. economy can withstand near-term risks including a United Auto Workers …

  • Business News

    Volkswagen’s works council demands clarity on VW brand turnaround plan

    by Reuters September 19, 2023
    by Reuters September 19, 2023

    BERLIN (Reuters) – Volkswagen’s works council is demanding more information on a cost-cutting and efficiency drive being drawn up for the automaker’s main passenger car brand, saying employees needed more …

  • Business News

    Irish central bank warns government that it risks stoking inflation

    by Reuters September 19, 2023
    by Reuters September 19, 2023

    By Padraic Halpin DUBLIN (Reuters) -Ireland’s central bank said the country’s inflation outlook is broadly unchanged from three months ago but warned government it risks keeping prices even higher for …

  • Business News

    Fewer ‘I dos’ ruin the party for China’s $500 billion wedding industry

    by Reuters September 19, 2023
    by Reuters September 19, 2023

    By Casey Hall and Farah Master SHANGHAI/HONG KONG (Reuters) – COVID wasn’t kind to wedding planners in China, where marriages are traditionally elaborate, expensive affairs, but the industry estimated at …

  • Breaking NewsBusiness NewsCommunity NewsNew Jersey NewsOcean County NewsToms River News

    This Toms River Home Has a $3,200,000 Asking Price, Here’s Why

    by Jessica Woods September 19, 2023
    by Jessica Woods September 19, 2023

    TOMS RIVER, NJ – Are you looking to upsize? Then I have the house for you. Looking through Realtor.com, there was a house that is selling for a whopping $3.2 …

  • Business News

    Traditional TV adds viewers in August as back-to-school dents streaming

    by Reuters September 19, 2023
    by Reuters September 19, 2023

    (Reuters) – More people in the U.S. turned to traditional TV for news and drama shows in August, with the start of the back-to-school season making a slight dent on …

  • Business News

    AutoZone posts strong quarterly results on auto parts demand

    by Reuters September 19, 2023
    by Reuters September 19, 2023

    (Reuters) – Auto parts retailer AutoZone Inc on Tuesday posted better-than-expected profit and revenue for the fourth quarter, boosted by demand for its do-it-yourself (DIY) automotive parts. AutoZone, which competes …

  • Business News

    Coinbase kicks off grassroots campaign to advance US legislation

    by Reuters September 19, 2023
    by Reuters September 19, 2023

    By Hannah Lang (Reuters) – Coinbase, the largest U.S. cryptocurrency exchange, is stepping up its grassroots advocacy campaign in a bid to advance legislation that will provide regulatory clarity for …

  • Business News

    U.S. business optimism about China outlook falls to record low – survey

    by Reuters September 19, 2023
    by Reuters September 19, 2023

    By Casey Hall SHANGHAI (Reuters) – Political tensions and a slowing economy are sapping the confidence of U.S. businesses operating in China, with the number of companies optimistic about their …

  • Business News

    Messy market mood as oil irks

    by Reuters September 19, 2023
    by Reuters September 19, 2023

    A look at the day ahead in U.S. and global markets by Mike Dolan World markets have hunkered down ahead of the week’s big central bank decisions, uncomfortable about inflation …

  • Business News

    UK inflation to be highest among big economies in 2023 – OECD

    by Reuters September 19, 2023
    by Reuters September 19, 2023

    LONDON (Reuters) – Britain remains on course to have the highest inflation of leading rich economies in 2023, according to Organisation for Economic Co-operation and Development forecasts which showed the …

  • Business News

    Tesla, Saudi Arabia in early talks for EV factory – WSJ

    by Reuters September 19, 2023
    by Reuters September 19, 2023

    (Reuters) -Saudi Arabia is in early talks with U.S. electric automaker Tesla to set up a manufacturing facility in the kingdom, the Wall Street Journal reported on Monday, citing sources …

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