Breaking Business news from across New Jersey.
By Brenda Goh SHANGHAI (Reuters) – The European Commission began investigating on Wednesday whether to set punitive tariffs to protect its producers from imports of cheaper Chinese electric vehicles that …
By Nick Carey LONDON (Reuters) – Spurred by falling battery prices, electric vehicles could hit price parity with fossil-fuel models in Europe in 2024 and the U.S. market in 2026, …
By Lucy Craymer WELLINGTON (Reuters) – New Zealand banks on Friday said they would introduce new steps to counter scams targeted at its customers including establishing a national Anti-Scam centre, …
By David Shepardson (Reuters) -A first-ever simultaneous strike at the Detroit Three carmakers by the United Auto Workers grew all but certain on Thursday with little progress reported in talks …
(Reuters) -Creative Artists Agency’s (CAA) top staff are in line to pocket more than $200 million as part of the Hollywood talent agency’s acquisition by the Pinault family, the Financial …
(Reuters) – Alphabet’s Google has given a small group of companies access to an early version of Gemini, its conversational artificial intelligence software, The Information reported on Thursday, citing people …
By Laura Matthews NEW YORK (Reuters) -Exchange operator Nasdaq on Thursday edged out the New York Stock Exchange on the measure of capital raised by traditional initial public offerings so …
(Reuters) -Cloud-based software firm Salesforce Inc is hiring 3,300 people across various departments after cutting 10% jobs in January this year, Bloomberg News reported on Thursday, citing CEO Marc Benioff. …
SAO PAULO (Reuters) – Uber on Thursday said it rejected a ruling from a Brazilian labor court ordering the ride-hailing firm to pay 1 billion reais ($205 million) in fines …
By David Shepardson WASHINGTON (Reuters) -A group of senior U.S. House Republicans on Thursday urged the Biden administration to crack down on Huawei and China’s top semiconductor firm Semiconductor Manufacturing …
(Reuters) – Peru’s central bank on Thursday cut its benchmark interest rate by 25 basis points to 7.5% after holding the rate steady for eight straight months, as the monetary …
BRASILIA (Reuters) -Negotiators for the European Union and Mercosur on Thursday discussed the next steps towards completing their long-awaited trade deal after the South American trade bloc responded to a …
SAN FRANCISCO (Reuters) – General Motors’ robotaxi unit Cruise on Thursday unveiled a self-driving vehicle that is accessible to people with disabilities even as it waits for a key regulatory …
By Daina Beth Solomon MEXICO CITY (Reuters) – Amazon on Thursday inaugurated its largest last-mile delivery center in Latin America, a warehouse in Mexico’s capital, as it seeks to offer …
WELLINGTON (Reuters) – New Zealand’s manufacturing sector contracted again in August and is well below its long-term average, a survey showed on Friday. The Bank of New Zealand-BusinessNZ’s seasonally adjusted …
By Noel Randewich and Ankika Biswas (Reuters) -The S&P 500 ended higher on Thursday as hotter-than-expected economic data eased worries about a recession without raising fears of a Federal Reserve …
By Manya Saini, Niket Nishant and Echo Wang (Reuters) -Shares in SoftBank’s Arm Holdings soared almost 25% above their Nasdaq debut price on Thursday, rekindling investor hopes for a turnaround …
(Reuters) – DoorDash will transfer its listing to the Nasdaq Stock Market from the New York Stock Exchange, the delivery firm said on Thursday. The company, which made its market …
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets are set to end the week strongly following …
By Stephen Culp NEW YORK (Reuters) – U.S. stocks ended sharply higher and the greenback jumped on Thursday as robust economic data failed to budge expectations that the Federal Reserve …
By Echo Wang and Anirban Sen (Reuters) – SoftBank Group CEO Masayoshi Son was in San Francisco on Wednesday when he joined a call with his bankers in New York …
(Reuters) – Southwest Airlines said on Thursday it was better-prepared to handle upcoming winter weather thanks to the low-cost carrier’s “big investments” in improving de-icing capacity and staffing. The Dallas-based …
(Reuters) -Homebuilder Lennar on Thursday reported third-quarter profit above Wall Street targets as historically low home inventories in the market supported demand for new constructions while easing supply-chain snags helped …
By Huw Jones LONDON (Reuters) – Global securities regulators have proposed tightening how the leveraged loan market operates to tackle “vulnerabilities” after a prolonged period of low interest rates led …
By Joseph White DETROIT (Reuters) – With just over 30 hours to go before a strike deadline he set, United Auto Workers President Shawn Fain on Wednesday rolled out the …