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Category:

Business News

Breaking Business news from across New Jersey.

  • Business News

    Marketmind: Tightest financial conditions this year bite

    by Reuters September 10, 2023
    by Reuters September 10, 2023

    By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets are set for a nervous open on Monday …

  • Business News

    Canada plans incentives to ease housing burden – CBC

    by Reuters September 10, 2023
    by Reuters September 10, 2023

    (Reuters) – Canada’s Housing Minister Sean Fraser is evaluating a wide range of options as he looks to ease the housing crisis in the country, CBC reported on Sunday. “There’s …

  • Business News

    Instacart to target valuation of up to $9.3 billion in IPO -source

    by Reuters September 10, 2023
    by Reuters September 10, 2023

    (Reuters) – Grocery delivery service Instacart is targeting a valuation between $8.6 billion and $9.3 billion in its initial public offering, according to a person familiar with the matter. The …

  • Business News

    China relaxes rules for insurers to invest in stock markets

    by Reuters September 10, 2023
    by Reuters September 10, 2023

    BEIJING (Reuters) – China’s financial regulator on Sunday reduced the risk weighting it attaches to insurance companies’ holdings of blue-chip shares and tech stocks, encouraging them to invest more in …

  • Business News

    Vietnam Air, Boeing near $7.5 billion deal for 50 737 max planes

    by Reuters September 10, 2023
    by Reuters September 10, 2023

    (Reuters) -Vietnam Airlines is expected to sign an initial agreement to buy about 50 Boeing 737 Max jets in a deal valued at about $7.5 billion, a person familiar with …

  • Business News

    Investor hopes for US soft landing ride on inflation data

    by Reuters September 10, 2023
    by Reuters September 10, 2023

    By David Randall NEW YORK (Reuters) – U.S. stock investors are turning their focus to next week’s inflation data, which could determine the near-term path of an equity rally that …

  • Breaking NewsBusiness NewsFeatured NewsFood & Dining

    Party Pooper Phil Murphy is About to Ruin Food Festivals for Small Breweries

    by Conservative Times September 10, 2023
    by Conservative Times September 10, 2023

    Fall is coming and it’s one of the best times to be a small brewery in New Jersey. Octoberfest, Fall Festivals and other fall-themed events are coming, but you won’t …

  • Business News

    Egypt’s August headline inflation jumps to a record 37.4%

    by Reuters September 10, 2023
    by Reuters September 10, 2023

    (Reuters) – Egypt’s annual urban consumer price inflation rate surged to a higher-than-expected record 37.4% in August from 36.5% in July, data from the country’s statistics agency CAPMAS showed on …

  • Business News

    IMF urges pact to boost its resource quota, strengthen world economy

    by Reuters September 10, 2023
    by Reuters September 10, 2023

    By Swati Bhat NEW DELHI (Reuters) – It is vital to increase quota resources for the International Monetary Fund (IMF) before year-end, its chief, Kristalina Georgieva, said on Sunday, while …

  • Business News

    Oil cut extension raises risk of Saudi economic contraction this year

    by Reuters September 10, 2023
    by Reuters September 10, 2023

    By Yousef Saba and Rachna Uppal DUBAI (Reuters) -Saudi Arabia faces the risk of an economic contraction this year following its decision to extend crude production cuts, highlighting its still …

  • Business News

    Three Chinese cities lift house-buying curbs

    by Reuters September 10, 2023
    by Reuters September 10, 2023

    BEIJING (Reuters) – At least three major Chinese cities last week removed restrictions on home buying, as the Asian giant gradually rolls back a crackdown on the property sector in …

  • Breaking NewsBusiness NewsCommunity NewsFood & DiningJackson Township NewsNew Jersey NewsOcean County News

    Rita’s in Jackson Cited for Health Code Violations Including Non-Functional Toilet

    by Charlie Dwyer September 9, 2023
    by Charlie Dwyer September 9, 2023

    JACKSON, NJ – Rita’s is Jackson’s most popular ice cream (custard) spot in town, but the Ocean County Health Department wasn’t impressed at conditions at the business. Employees have been …

  • Business News

    Chevron pulls contract crew from Australia LNG project as strikes begin – unions

    by Reuters September 9, 2023
    by Reuters September 9, 2023

    (Reuters) – Chevron Corp started withdrawing contractor workers from its Gorgon liquefied natural gas (LNG) facility on Saturday, shortly after staff went on strike at two major projects in Australia, …

  • Business News

    Exclusive-Top US chipmakers, tech firms to attend Vietnam meeting as Biden visits

    by Reuters September 9, 2023
    by Reuters September 9, 2023

    By Francesco Guarascio and Phuong Nguyen HANOI (Reuters) – Top U.S. semiconductors and digital companies including Intel, GlobalFoundries and Google are expected to attend a business meeting on Monday in …

  • Business News

    UAW union embraces social media as labor talks toughen ahead of deadline

    by Reuters September 9, 2023
    by Reuters September 9, 2023

    By Bianca Flowers (Reuters) – The United Auto Workers union is leveraging the power of social media to attract public support in demanding substantial wage increases for hourly workers as …

  • Business News

    China’s deflation pressures ease, more steps expected to spur demand

    by Reuters September 9, 2023
    by Reuters September 9, 2023

    By Kevin Yao and Joe Cash BEIJING (Reuters) – China’s consumer prices returned to positive territory in August while factory-gate price declines slowed, data showed on Saturday, as deflation pressures …

  • Business News

    US NTSB cites inadequate inspections in 2021 United Airlines engine failure

    by Reuters September 9, 2023
    by Reuters September 9, 2023

    By David Shepardson WASHINGTON (Reuters) -The National Transportation Safety Board said on Friday the February 2021 engine failure on a United Airlines Boeing 777 in Colorado was due to a …

  • Business News

    China’s Didi Q2 revenue grows as regulatory curbs ease

    by Reuters September 8, 2023
    by Reuters September 8, 2023

    BEIJING (Reuters) – Revenues at China’s Didi Chuxing rose 52.6% for the April-June quarter from a year earlier to 48.8 billion yuan ($6.65 billion, as the ride-hailing firm emerged from …

  • Business News

    Mexico sees similar economic growth next year, more help for Pemex

    by Reuters September 8, 2023
    by Reuters September 8, 2023

    By Ana Isabel Martinez MEXICO CITY (Reuters) -Mexico’s government expects the economy to grow by between 2.5% and 3.5% next year, in line with this year’s growth, according to a …

  • Business News

    Apple suppliers slide on China anxiety, threat from Huawei

    by Reuters September 8, 2023
    by Reuters September 8, 2023

    By Brenda Goh and Ben Blanchard SHANGHAI/TAIPEI (Reuters) -China’s widening curbs on iPhone use by government staff intensified a sell-off in global tech stocks on Friday on fears Apple and …

  • Business News

    Auto workers reject Detroit Three contract offers, ready to strike

    by Reuters September 8, 2023
    by Reuters September 8, 2023

    By David Shepardson (Reuters) -United Auto Workers President Shawn Fain said on Friday the union representing 146,000 workers wants a deal to avoid walkouts at the Detroit Three automakers but …

  • Business News

    Walmart to explore buying majority stake in ChenMed -Bloomberg News

    by Reuters September 8, 2023
    by Reuters September 8, 2023

    (Reuters) – Walmart Inc is exploring buying a majority stake in ChenMed, a closely held operator of primary care clinics for seniors, Bloomberg News reported on Friday. The companies are …

  • Business News

    UK inflation expectations rise in August -Citi/YouGov

    by Reuters September 8, 2023
    by Reuters September 8, 2023

    LONDON (Reuters) -The British public’s expectations for inflation over the medium to long term, which are closely watched by the Bank of England, rose in August, a survey published on …

  • Business News

    Barclays hires JPMorgan’s Oberle to oversee private equity relationships for Americas

    by Reuters September 8, 2023
    by Reuters September 8, 2023

    By Svea Herbst-Bayliss and Nupur Anand NEW YORK (Reuters) – Barclays hired Christian Oberle from JPMorgan Chase to oversee its relationships with private equity (PE)firms in the Americas region, Barclays …

  • Business News

    UK, Singapore partner to boost economic growth, strengthen security

    by Reuters September 8, 2023
    by Reuters September 8, 2023

    (Reuters) – The British government has signed a partnership with Singapore to grow its economy and enhance shared security, Downing Street said on Friday, adding it was the UK’s first …

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