Breaking Business news from across New Jersey.
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, pointing to a persistently tight labor market, and further fueling …
By Divya Rajagopal and Sourasis Bose (Reuters) – Gold miner Newmont Corp on Thursday said it believes a buyout of Newcrest Mining Ltd would create “significant value” for shareholders and …
By Timothy Aeppel NEW PHILADELPHIA, Ohio (Reuters) – A 77-year-old factory in a hard-luck Ohio town sputtered into high gear to produce a new line of electric garbage trucks. A …
By Stephen Nellis (Reuters) – Adobe Inc said on Thursday it had signed a deal with semiconductor Qualcomm Inc as a customer for its cloud-based marketing software. Once best known …
MEXICO CITY (Reuters) -Most of the Bank of Mexico’s board members consider its benchmark interest rate could be increased more moderately at the next monetary policy meeting scheduled for March …
(Reuters) -Humana Inc will exit the employer-based insurance business over the next 18 to 24 months, it said on Thursday, to focus primarily on government-backed programs such as Medicare for …
By Nathan Gomes and Valerie Insinna (Reuters) – Boeing Co said on Thursday it plans to stop production of the F/A-18 Super Hornet in late 2025 after delivering the last …
KARACHI, Pakistan (Reuters) -Pakistan’s foreign exchange reserves held by the central bank rose by $66 million to $3.258 billion in the week ending Feb. 17, it said on Thursday, while …
By Foo Yun Chee BRUSSELS (Reuters) -The European Commission drew criticism from Meta Platform and other Big Tech firms on Thursday with the launch of a consultation on who should …
By Priyamvada C (Reuters) -General Motors said on Thursday it will halt production at its Fort Wayne Assembly truck plant in Indiana for two weeks from March 27 as inventory …
LOS ANGELES (Reuters) – Labor talks covering more than 22,000 workers at U.S. seaports stretching from California to Washington State are ongoing, the union and employer group said in a …
(Reuters) – Alibaba Group Holding Ltd reported better-than-expected quarterly revenue on Thursday, helped by its efforts to cut costs and China’s easing of COVID-19 curbs. The e-commerce giant has weathered …
By Mehr Bedi and Deborah Mary Sophia (Reuters) -Domino’s Pizza Inc missed quarterly sales estimates on Thursday as inflation-hit customers, put off by higher delivery fees, cut back on online …
By Nelson Banya (Reuters) -Gold Fields will not be pursuing big acquisitions following its failed bid to buy Canada’s Yamana Gold last year, executives said on Thursday. The world’s top …
(Reuters) -Lordstown Motors Corp will temporarily stop production and deliveries of its pickup truck Endurance, of which it has only made 31 units for sale, the electric-vehicle maker said, citing …
(Reuters) -Hedge fund Standard General said its proposed acquisition of TV station operator Tegna Inc only needs Federal Communications Commission (FCC) approval after the U.S. Department of Justice reviewed it …
By Laila Bassam and Maya Gebeily BEIRUT (Reuters) -Lebanese authorities charged longtime central bank governor Riad Salameh, his brother Raja and one of his assistants on Thursday with money laundering, …
By Emma Farge GENEVA (Reuters) – Global trade grew more than expected last year despite the upheaval caused by the Russia-Ukraine war, as badly-affected countries managed to switch suppliers or …
(Reuters) – Lucid Group Inc’s shares <LCID.O> slumped over 14% in early trading on Thursday after the electric vehicle maker’s 2023 production targets came in below estimates amid waning demand …
By Ananya Mariam Rajesh (Reuters) -Dollar General Corp on Thursday forecast full-year profit well below expectations after cutting its earnings estimate for the all-important holiday quarter on heavy discounts, higher …
BENGALURU (Reuters) – The Bank of Japan intends to maintain easy monetary policy and the government’s energy assistance programme will hold down inflation, the central bank’s governor Haruhiko Kuroda told …
CHICAGO (Reuters) – General Electric is “well aligned” with production schedules for both Boeing and Airbus this year, Chief Executive Larry Culp said on Thursday. GE and other jet engine …
By Maria Martinez BERLIN (Reuters) – Costa Rican Alex Madrigal, a trained economist, had his visa approved in May last year in just six hours, although that was just the …
BEIJING (Reuters) -A career banker and head of a state-run financial conglomerate, Zhu Hexin, is likely to become governor of China’s central bank after next month’s annual session of parliament, …
MADRID (Reuters) – Spain’s Telefonica forecast steady revenue and earnings growth for 2023, sending the telecom firm’s shares higher on Thursday after it posted on-target numbers for last year. Telefonica …