Breaking Business news from across New Jersey.
By Daniel Wiessner The National Labor Relations Board has ruled that laid-off workers cannot be required to sign agreements that contain confidentiality clauses and other provisions that could deter them …
By Maki Shiraki and Eimi Yamamitsu TOKYO (Reuters) -Toyota Motor Corp, the world’s biggest automaker, said on Wednesday it would accept a union demand for the biggest base salary increase …
(Reuters) – Shares of Cineworld slumped as much as 22% on Wednesday after media reports said the world’s second-largest cinema operator had received 40 non-binding bids, but none for its …
(Reuters) – Jim Chanos is short on General Electric Co, the billionaire investor said in a CNBC interview on Wednesday. Chanos added the company’s fair value was “way below” its …
By Hannah Lang (Reuters) -The firm behind Binance’s stablecoin, Paxos Trust Company, is in discussions with the U.S. Securities and Exchange Commission after the regulator told the company it should …
By Archishma Iyer (Reuters) -Air New Zealand Ltd on Thursday struck an optimistic tone over travel demand for the remaining fiscal 2023, while noting significant uncertainty over inflationary pressures and …
WELLINGTON (Reuters) – A cyclone that hit New Zealand earlier this month was leading to greater uncertainty around GDP projections, the Reserve Bank of New Zealand’s chief economist Paul Conway …
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Investors are piling into shorter-dated options contracts, boosting trading volumes in the options market to new highs while sparking concerns about a …
By Hannah Lang (Reuters) – Cryptocurrency trade association Chamber of Digital Commerce is urging a federal court to dismiss a case brought by the U.S. securities regulator against ex-Coinbase employees …
(Reuters) – Third Point LLC plans to launch a proxy fight against Bath & Body Works Inc to address excessive executive pay and the company’s lagging financial performance, the Wall …
By Kylie Madry and Aida Pelaez-Fernandez MEXICO CITY (Reuters) -Mexican low-cost carrier Volaris is “optimistic” the country will recover the Category 1 safety rating, which allows airlines to open new …
(Reuters) – Traders of futures tied to the Federal Reserve’s policy rate on Wednesday largely stuck to the view the central bank will keep raising rates a quarter of a …
(Reuters) -Intel Corp on Wednesday cut its dividend payout to its lowest in 16 years and decided to scale back big investments to save cash amid slowing demand for its …
By Valerie Insinna and David Shepardson (Reuters) -Boeing on Friday awarded Chief Executive Dave Calhoun an incentive worth approximately $5.29 million to induce him to stay throughout the company’s recovery …
(Reuters) – Self-driving sensor maker Luminar Technologies Inc announced an expanded partnership with Mercedes-Benz Group on Wednesday to enable fully automated driving for its next-generation vehicles. Automakers from Tesla Inc …
By Alexander Marrow MOSCOW (Reuters) – Trucks carrying Coca Cola roll across the border into Russia, tourists return from abroad laden with Zara’s latest designs, and local online marketplaces snap …
By Jonathan Stempel NEW YORK (Reuters) – The U.S. Department of Justice on Wednesday unveiled new guidelines to encourage companies to voluntarily report criminal conduct, offering incentives to reveal wrongdoing …
By Andrew Chung and John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court justices expressed skepticism on Wednesday toward a lawsuit against Twitter Inc by the family of a Jordanian man …
By Marc Jones LONDON (Reuters) – The post-pandemic rebound in world growth and inflation last year meant the amount of debt sloshing around the global economy saw its first annual …
By Hannah Lang (Reuters) – The U.S. Security and Exchange Commission’s warning shot on Binance’s stablecoin over whether or not it is a security could offer a hint at what …
(Reuters) -Citigroup increased Chief Executive Officer Jane Fraser’s compensation by nearly 9% to $24.5 million for 2022, the lender said in a filing on Tuesday. Fraser’s total pay in 2021 …
(Reuters) -Concerns about data security have prompted Chinese authorities to ask state-owned firms to stop using the four biggest global accounting firms as Beijing seeks to curb the influence of …
(Reuters) -Airlines canceled more than 1,300 flights in the United States on Wednesday as a strong winter storm makes its way through the western and central states. A total of …
By Daniel Wiessner (Reuters) – An oil rig supervisor who earned more than $200,000 a year working for Houston-based Helix Energy Solutions Group Inc is entitled to overtime pay, the …
(Reuters) – Italian tyremaker Pirelli said on Wednesday it expects revenues this year of some 6.6-6.8 billion euros, at least in line with the better-than-expected figure for 2022. Revenues at …