Breaking Business news from across New Jersey.
By Valentine Hilaire (Reuters) – First Quantum Minerals Ltd has warned employees it may have to shutter operations in Panama if the government does not allow its copper exports to …
By David Shepardson WASHINGTON (Reuters) -Tesla Inc will recall more than 362,000 U.S. vehicles to update its Full Self-Driving (FSD) Beta software after U.S. regulators said on Thursday the driver …
By Carolina Mandl NEW YORK (Reuters) – Hedge funds betting against stocks in the technology sector rushed to unwind those trades in the first half of February as markets rallied, …
SEOUL (Reuters) – South Korea’s financial regulator is looking into bonus schemes at major insurance and credit card companies as the government calls for firms with strong profits to help …
By Johann M Cherian and Noel Randewich (Reuters) – Wall Street ended sharply lower on Thursday after unexpectedly strong inflation data and a drop in weekly jobless claims added to …
(Reuters) -China will scrutinize Ford Motor Co’s latest deal with battery giant CATL to ensure the Chinese company’s core technology is not shared with the U.S. automaker, Bloomberg News reported …
By Arathy Somasekhar and Stephanie Kelly HOUSTON (Reuters) -Russia’s decision to cut crude oil production by 500,000 barrels per day reflects its inability to sell all of its oil, Ben …
By Steve Scherer and Kanishka Singh OTTAWA (Reuters) -Bank of Canada Governor Tiff Macklem said on Thursday that the economy remains overheated and the jobs market is too tight, as …
By Granth Vanaik (Reuters) – DoorDash Inc said on Thursday it would buy back $750 million worth of stock and projected a key profit measure above Wall Street estimates, following …
(Reuters) – Air Lease Corp said on Thursday aircraft delivery delays were not getting any better as labor and parts shortages roil the aerospace industry. “Last year, we had delays …
By Manya Saini (Reuters) -Visa said on Thursday its chief financial officer, Vasant Prabhu, will leave the company on Sept. 30, after eight years as one of the top executives …
By Angus Berwick and Tom Wilson (Reuters) – Global cryptocurrency exchange Binance had secret access to a bank account belonging to its purportedly independent U.S. partner and transferred large sums …
By Leah Douglas (Reuters) – Two U.S. lawmakers have sent letters to the country’s top egg companies seeking answers for why egg prices have ballooned to record highs in recent …
By Huw Jones LONDON (Reuters) – The G20’s Financial Stability Board (FSB) said on Thursday it would take steps to tackle “vulnerabilities” and data gaps in decentralised finance (DeFi) highlighted …
By Leika Kihara TOKYO (Reuters) – The Bank of Japan’s incoming governor Kazuo Ueda will lead a powerful trio that includes a technocrat who designed yield curve control, and a …
By Huw Jones LONDON (Reuters) – The G20-backed International Sustainability Standards Board on Thursday approved “global baseline” rules for firms disclosing how climate change affects their business, after calls to …
By John McCrank NEW YORK (Reuters) – It’s crunch time for the corporate loan market. With under five months until the June 30 end-date for the publication of the London …
By Scott DiSavino NEW YORK (Reuters) – At least three proposed U.S. liquefied natural gas (LNG) export plants have likely found enough customers to receive financial approvals this year, according …
By Gertrude Chavez-Dreyfuss and Laura Matthews NEW YORK (Reuters) – The U.S. dollar held gains against a basket of currencies on Thursday, bolstered by stronger-than-expected producer prices and falling jobless …
(Reuters) -BP will buy truck fueling provider TravelCenters of America Inc for about $1.3 billion, the companies said on Thursday, as the British energy giant seeks to expand its retail network …
By Iain Withers and Kirstin Ridley LONDON (Reuters) -Former JPMorgan Chase & Co and Barclays executive Jes Staley allegedly discussed Disney characters Snow White and Beauty and the Beast in …
By Sinéad Carew and Caroline Valetkevitch (Reuters) – Wall Street’s major stock indexes all fell more than 1% while the dollar hit a six-week peak and Treasury yields climbed on …
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian stocks are on track for a third weekly decline, their worst run …
By Michael S. Derby and Howard Schneider (Reuters) – Two Federal Reserve officials said on Thursday the U.S. central bank likely should have lifted interest rates more than it did …
PARIS (Reuters) – Renault’s preparation efforts for carving-out its combustion engine unit are going “smoothly” and should be completed by the summer, Chief Executive Luca de Meo said on Thursday. …