Breaking Business news from across New Jersey.
By Shreyashi Sanyal and Amruta Khandekar (Reuters) -European shares rose on Thursday as upbeat corporate earnings helped France’s blue-chip index touch a new record high, overshadowing worries about U.S. interest …
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, offering more evidence of the economy’s resilience despite tighter monetary …
By Neil Marks and Marianna Parraga GEORGETOWN (Reuters) – Guyana’s government is forecasting the nascent oil producer’s economy, which has recently been among the world’s fastest-growing, will expand by at …
By Jonathan Stempel (Reuters) – The founder of WallStreetBets, which has been credited with helping ignite investors’ frenzy into “meme” stocks, sued Reddit Inc on Wednesday, accusing it of wrongly …
By Nivedita Balu (Reuters) – Shares of Shopify Inc slid 16% on Thursday after the Canadian tech giant’s weak forecast for first-quarter revenue and higher cost projections amplified investor concerns …
By Christian Akorlie ACCRA (Reuters) – Substantive discussions with Ghana’s external bondholders are due to start in the next few weeks, the country’s Finance Minister Ken Ofori-Atta told parliament on …
By Hyunsu Yim and Joyce Lee SEOUL (Reuters) – As the company behind K-pop royalty BTS seeks to build a big stake in a prominent rival for close to $900 …
MOSCOW (Reuters) – A Russian government commission has approved the sale of Swedish furniture maker IKEA’s factories in Russia to two local buyers, paving the way for a deal to …
(This Feb. 15 story has been corrected to say ‘Natural Resources Defense Council’, not ‘National Resources Defense Council’) (Reuters) – The Biden administration announced new standards for building out a …
By Niket Nishant and Akash Sriram (Reuters) – Companies that have been spending actively in pursuit of growth opportunities will be the chief targets of activist investors in the first …
(Reuters) – Meeting Boeing Co and Airbus SE’s planned jet output hikes this year will not be a “slam dunk” for the aerospace supply chain, a Morgan Stanley survey of …
By Davide Barbuscia and Ross Kerber (Reuters) -BlackRock Inc President Robert Kapito’s remarks during a financial conference on Thursday were interrupted several times by questions on the company’s climate change …
(Reuters) -Bank of America is planning to cut jobs in its investment bank, Bloomberg News reported on Thursday, which would add the lender to a growing list of Wall Street …
By Maria Martinez and Jan Strupczewski BERLIN (Reuters) – Hopes for new joint European Union borrowing to support Europe’s green industry were dashed as northern EU members, led by Germany, …
BERLIN (Reuters) – Lufthansa has cancelled more than 1,300 flights on Friday, including all flights at the Frankfurt and Munich hub airports, as a result of strike action, it said …
By Lindsay Dunsmuir (Reuters) – U.S. household debt jumped to a record $16.90 trillion from October through December last year, the largest quarterly increase in 20 years, as mortgage and …
JAKARTA (Reuters) – State flag carrier Garuda Indonesia said in a statement on Thursday it had won a lawsuit in Paris civil court against two Ireland-based lessors Greylag 1410 and …
By Gilles Guillaume and Ingrid Melander BOULOGNE-BILLANCOURT, France (Reuters) – French carmaker Renault announced a dividend for the first time in four years, flagging improving margins and earnings as well …
By Kannaki Deka (Reuters) – WeWork Inc on Thursday forecast lower-than-expected revenue for the current quarter, signaling that its business of providing flexible workspace was feeling the heat of mass …
By Ross Kerber (Reuters) – Compensation for S&P 500 chief executives has soared in recent years even as investors cast more of their advisory “Say on Pay” votes against management, …
By John McCrank NEW YORK (Reuters) – The mutual fund industry is warning the U.S. Securities and Exchange Commission that new proposed rules aimed at better preparing open-end funds to …
BOGOTA (Reuters) – Colombia’s government is expected to hike its 2023 budget by some 23 trillion Colombian pesos ($4.71 billion) in a proposal to be sent to Congress Friday, the …
BERLIN (Reuters) -The websites of seven German airports were hit by a suspected cyber attack on Thursday, the ADV airport association said, a day after a major IT failure at …
By Richa Naidu LONDON (Reuters) – Coca-Cola Europacific Partners told Reuters on Thursday it expects to hike prices further, and said glass costs would rise by the “mid-teen to low …
By John Revill and Richa Naidu ZURICH/LONDON (Reuters) -The world’s biggest food group Nestle will lift prices again this year, Chief Executive Mark Schneider said on Thursday, after more costly …