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Category:

Business News

Breaking Business news from across New Jersey.

  • Business News

    Ex-Google exec acknowledges aggressively seeking exclusive mobile deals

    by Reuters September 13, 2023
    by Reuters September 13, 2023

    By Diane Bartz WASHINGTON (Reuters) -The Justice Department sought on Wednesday to show how Google did all it could to get people to use its search engine and build itself …

  • Business News

    U.S. appeals court questions delay in PG&E shareholder case

    by Reuters September 13, 2023
    by Reuters September 13, 2023

    By Jody Godoy (Reuters) – U.S. appeals court judges questioned a 2-1/2-year pause in a shareholder lawsuit against PG&E Corp officers and directors on Wednesday, suggesting they could allow the …

  • Business News

    US could advance SpaceX license as soon as October after rocket exploded in April

    by Reuters September 13, 2023
    by Reuters September 13, 2023

    By David Shepardson WASHINGTON (Reuters) -The acting head of the Federal Aviation Administration said on Wednesday the agency could advance a launch license as early as next month for the …

  • Business News

    Some big US bond investors say Fed hikes have peaked despite sticky inflation

    by Reuters September 13, 2023
    by Reuters September 13, 2023

    By Davide Barbuscia NEW YORK (Reuters) – Some large U.S. bond investors said on Wednesday they believe the Federal Reserve has reached a peak in its interest rate hiking campaign, …

  • Breaking NewsBusiness News

    Walmart sued by US agency over test that screened out disabled workers

    by Reuters September 13, 2023
    by Reuters September 13, 2023

    By Daniel Wiessner (Reuters) – The U.S. agency that enforces workplace discrimination laws said on Wednesday that it had sued Walmart Inc over allegations it fired hourly workers with disabilities …

  • Business News

    Sleep Number investor Stadium Capital pushes for board shakeup -letter

    by Reuters September 13, 2023
    by Reuters September 13, 2023

    By Svea Herbst-Bayliss NEW YORK (Reuters) -Investment firm Stadium Capital Management wants to shake up the board of bed and mattress maker Sleep Number Corp following more than a decade …

  • Business News

    Apple disputes French findings, says iPhone 12 meets radiation rules

    by Reuters September 13, 2023
    by Reuters September 13, 2023

    By Mathieu Rosemain and Elizabeth Pineau PARIS (Reuters) -Apple defended its iPhone 12 model on Wednesday after a French watchdog ordered a halt to its sales citing breaches of European …

  • Business News

    China says it has not banned purchase, use of foreign phone brands

    by Reuters September 13, 2023
    by Reuters September 13, 2023

    BEIJING (Reuters) – China has not issued a ban on the purchase and use of foreign phone brands, the Chinese foreign ministry said on Wednesday, in response to media reports …

  • Breaking NewsBusiness News

    FBI probing MGM Resorts cyber incident as some casino systems still down

    by Reuters September 13, 2023
    by Reuters September 13, 2023

    By Raphael Satter and Zeba Siddiqui NEW YORK/SAN FRANCISCO (Reuters) -The FBI said on Wednesday it was investigating a cybersecurity incident at gaming giant MGM Resorts International that kept several …

  • Business News

    Macquarie, Columbia Asia among bidders for Ramsay-Sime Darby $1.3 billion healthcare JV – sources

    by Reuters September 13, 2023
    by Reuters September 13, 2023

    By Rishav Chatterjee (Reuters) – Australia’s Macquarie and Malaysian hospital chain Columbia Asia are among the bidders for the acquisition of a healthcare joint venture between Ramsay Health Care and …

  • Business News

    Sigma Lithium to explore alternatives after proposals for miner, Brazil unit

    by Reuters September 13, 2023
    by Reuters September 13, 2023

    (Reuters) – Miner Sigma Lithium said on Wednesday it is evaluating strategic alternatives for the whole company, including its Brazilian unit, sending the company’s U.S.-listed shares up 14.8% in premarket …

  • Business News

    Delta, United must face class action over US airfares

    by Reuters September 13, 2023
    by Reuters September 13, 2023

    By Jonathan Stempel (Reuters) -Delta Air Lines and United Airlines were ordered by a federal judge to face a consumer antitrust class action accusing major U.S. carriers of conspiring to …

  • Business News

    FTX gets court approval to sell crypto assets

    by Reuters September 13, 2023
    by Reuters September 13, 2023

    By Dietrich Knauth NEW YORK (Reuters) – Bankrupt crypto exchange FTX received U.S. court permission on Wednesday to liquidate cryptocurrency assets, a move the company said would allow it to …

  • Business News

    Alphabet lays off hundreds from global recruitment team

    by Reuters September 13, 2023
    by Reuters September 13, 2023

    (Reuters) – Google parent Alphabet is laying off employees from its global recruiting team as the tech giant continues to slow hiring, it said on Wednesday. The company’s decision to …

  • Business News

    Dollar climbs as Fed expectations remain intact after CPI

    by Reuters September 13, 2023
    by Reuters September 13, 2023

    By Chuck Mikolajczak NEW YORK (Reuters) – The dollar index was higher on Wednesday, after U.S. economic data showed inflation increased for August but did little to alter market expectations …

  • Business News

    Oil dips as surprise US crude stockbuild faces supply cuts

    by Reuters September 13, 2023
    by Reuters September 13, 2023

    By Stephanie Kelly NEW YORK (Reuters) -Oil prices edged lower on Wednesday, after earlier hitting a 10-month high, as a surprise build in U.S. crude inventories offset expectations of tight …

  • Business News

    3M warns of ‘slow growth environment’ in 2024, shares drop

    by Reuters September 13, 2023
    by Reuters September 13, 2023

    (Reuters) -U.S. industrial conglomerate 3M Co on Wednesday warned of “a slow growth environment” in 2024 and forecast weakness in its electronics and consumer segments for the current and following …

  • Business News

    US Senate’s Schumer: AI regulations needed but should not be rushed

    by Reuters September 13, 2023
    by Reuters September 13, 2023

    By Kanishka Singh WASHINGTON (Reuters) – U.S. Senate Majority Leader Chuck Schumer on Wednesday said that while regulations on artificial intelligence were certainly needed, they should not be made “too …

  • Business News

    ‘Higher for longer’ rates remain a threat to U.S. stocks after inflation data

    by Reuters September 13, 2023
    by Reuters September 13, 2023

    By David Randall NEW YORK (Reuters) – The latest U.S. inflation data is unlikely to ease worries over persistently high Treasury yields that have gnawed on stocks over the last …

  • Business News

    Recession risk “coin flip” over the next year – PIMCO

    by Reuters September 13, 2023
    by Reuters September 13, 2023

    By Dhara Ranasinghe and Chiara Elisei LONDON (Reuters) – The risk of a global recession over the next 12 to 18 months is close to a “coin flip” and financial …

  • Business News

    Deloitte UK to cut over 800 jobs – source

    by Reuters September 13, 2023
    by Reuters September 13, 2023

    (Reuters) -Deloitte is planning to cut more than 800 jobs in the United Kingdom, a source told Reuters on Wednesday. The company is proposing some targeted restructuring that would result …

  • Business News

    ECB criticises new Italian tax on windfall bank profits

    by Reuters September 13, 2023
    by Reuters September 13, 2023

    By Francesco Canepa and Giuseppe Fonte FRANKFURT (Reuters) -The European Central Bank (ECB) on Wednesday criticised the Italian government’s proposed tax on windfall bank profits, saying it did not consider …

  • Business News

    Factbox-Citigroup’s business heads in revamped structure

    by Reuters September 13, 2023
    by Reuters September 13, 2023

    (Reuters) – Citigroup announced a major reorganization on Wednesday that trims management layers, giving CEO Jane Fraser more direct oversight over its businesses as she aims to boost its profit …

  • Business News

    Canada gov’t, pressured over housing shortage, tells cities to do more

    by Reuters September 13, 2023
    by Reuters September 13, 2023

    By David Ljunggren OTTAWA (Reuters) – The Canadian government of Prime Minister Justin Trudeau, under pressure over a lack of affordable housing, on Wednesday told cities to do more and …

  • Breaking NewsBusiness NewsFeatured NewsFood & DiningJersey Shore NewsOcean County News

    Great Rooftop and Ocean View Dining Spots at the New Jersey Shore

    by Jessica Woods September 13, 2023
    by Jessica Woods September 13, 2023

    SEASIDE HEIGHTS, NJ – It’s not too late to get your ‘shore’ on at the Jersey Shore. Fall brings a different kind of Jersey Shore experience than in the summer. …

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