Breaking Business news from across New Jersey.
By Andrea Shalal, Rachel Savage and Jorgelina do Rosario MARRAKECH, Morocco (Reuters) -The International Monetary Fund on Thursday hailed progress on a long-awaited memorandum on Zambia’s debt restructuring, and said …
FRANKFURT (Reuters) – Lufthansa on Thursday extended its suspension of flights to Israel until Oct. 22 over security concerns, the company said. The airlines of the Lufthansa group, which apart …
(Reuters) – The conflict in the Middle East will have “ripple effects that extend far beyond the region”, JPMorgan Chase’s CEO Jamie Dimon warned in an internal memo to employees …
By Daniel Wiessner (Reuters) – Dozens of Filipino workers who helped build stadiums that hosted the 2022 FIFA World Cup in Qatar filed a lawsuit on Thursday claiming U.S. construction …
BERLIN (Reuters) – Tesla said on Thursday it will offer a pay rise to workers at its German plant, where unions have said they earn below the industry average. The …
(Reuters) – Traders see a stronger chance the Federal Reserve will end up delivering another interest-rate hike this year, and keep rates higher for longer next year, after U.S. data …
(Reuters) – The labels “dove” and “hawk” have long been used by central bank watchers to describe the monetary policy leanings of policymakers, with a dove more focused on risks …
By Rajesh Kumar Singh CHICAGO (Reuters) -Delta Air Lines has a message for investors worried about signs of softening demand on domestic routes: the travel boom is not over yet. …
(Repeats to additional subscribers, no change to text) By Helen Reid MALMÖ, Sweden (Reuters) -China is still a key growth market for budget furniture retailer IKEA despite the world’s second-largest …
WASHINGTON (Reuters) – The U.S. Federal Trade Commission said it reached a settlement with bankrupt crypto company Voyager that will permanently ban it from handling consumers’ assets. The agency also …
By Diane Bartz WASHINGTON (Reuters) – The U.S. government is near the halfway mark in its court battle with Alphabet’s Google, which it has accused of breaking antitrust law with …
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Options traders are braced for larger-than-usual post-earnings stock price swings for some U.S. banks, despite signs of cooling volatility in broader markets, …
By Blake Brittain (Reuters) – The California Institute of Technology has reached an agreement to end a patent lawsuit against Apple and Broadcom over Wi-Fi chips, according to a filing …
By Bansari Mayur Kamdar (Reuters) – The iShares MSCI Israel exchange-traded fund (EIS) suffered substantial outflows this week after its price hit a three-year low as clashes between Israel and …
By Harry Robertson LONDON (Reuters) – Energy companies, hedge funds and commodity traders are stepping up their use of financial products that let them bet on the weather, as they …
By Jorgelina do Rosario LONDON (Reuters) – Sri Lanka’s private creditors have sent a proposal on how to restructure $12 billion of overseas debt, including a new type of bond …
(Reuters) -Walgreens Boots Alliance said on Thursday that it expected to cut at least $1 billion in costs in 2024 as part of its ongoing efforts, which include shutting unprofitable …
WASHINGTON (Reuters) – U.S. retirees and government benefits recipients will get a 3.2% increase next year, the federal government said on Thursday, announcing its smallest annual increase in three years …
By Aftab Ahmed NEW DELHI (Reuters) – India’s retail inflation eased to a three-month low in September on the back of softer vegetable prices, but remained above a target of …
By Andrea Shalal MARRAKECH, Morocco (Reuters) -World Bank shareholders on Thursday endorsed further reforms and a new vision statement committing the multilateral development bank to work for “a world free …
PARIS (Reuters) – France is on course for modest economic growth heading into the end of the year as lower food inflation offers consumers some relief, the INSEE official statistics …
By Isla Binnie (Reuters) – California’s new emissions laws could force companies to reveal more about their carbon footprint to the U.S. Securities and Exchange Commission (SEC), raising the risk …
KUALA LUMPUR (Reuters) – Goldman Sachs Group has sued Malaysia in a British arbitration court, as tensions escalate over a settlement agreement on the bank’s role in the massive 1MDB …
(Reuters) -Wall Street bonuses could fall 16% this year as interest rates possibly staying higher for longer threatens the performance of financial companies, according to New York State Comptroller Thomas …
By Abhinav Parmar -Fastenal beat estimates for third-quarter profit on Thursday, driven by higher demand for its onsite products such as, safety gloves, fasteners and power tools, sending its shares …