Business News

By Jonathan Stempel (Reuters) -A U.S. federal appeals court upheld the imposition of higher tariffs on some imported steel products, reversing a lower court ruling that the Trump administration waited …

By Steve Scherer and David Ljunggren OTTAWA (Reuters) -Bank of Canada Governor Tiff Macklem on Tuesday said that no further rate hikes will be needed if, as expected, the economy …

By Blake Brittain (Reuters) -Meta Platforms Inc and blockchain nonprofit Dfinity Foundation have resolved Dfinity’s trademark lawsuit against Meta over its infinity-symbol logo, according to a joint filing in San …

By Michael S. Derby (Reuters) – Federal Reserve Chairman Jerome Powell said Tuesday very strong jobs data released last week simply affirms that the central bank has some way to …

By Michael S. Derby (Reuters) -Federal Reserve Chairman Jerome Powell said Tuesday the U.S. central bank has some distance left to run in terms of shrinking its balance sheet. When …

By Noe Torres MEXICO CITY (Reuters) – The Bank of Mexico is expected to hike its benchmark interest rate to a record 10.75% on Thursday, amid a forecast increase in …

By Dawn Chmielewski LOS ANGELES (Reuters) – Walt Disney Co CEO Bob Iger is expected to discuss a turnaround plan on Wednesday, when the media company delivers its first quarterly …

(Reuters) -Delta Air Lines Inc said on Tuesday that it would bump up the pay of its employees by 5%, amid an industrywide shortage of workers as airlines look to …

FRANKFURT (Reuters) – The European Central Bank said on Tuesday it would cut the maximum rate it pays on deposits held by governments to give them an incentive to redeploy …

By Tim Hepher and Federica Mileo PARIS (Reuters) -Airbus deliveries fell by a third to 20 airplanes in January compared to 30 in the same month last year, the company …

By David Shepardson WASHINGTON (Reuters) -The U.S. Congress needs to address serious concerns about the country’s aviation system after recent incidents including two near miss crashes and the failure of …

NEW YORK (Reuters) – U.S. stocks rallied while the dollar and Treasury yields fall as Chair Jerome Powell said the jobs data on Friday showed why the central bank has …

FRANKFURT (Reuters) – Creditors of Frankfurt-Hahn airport in Germany have agreed to refer to the government a decision on whether a Russian billionaire named on a 2018 U.S. list of …

By David Shepardson WASHINGTON (Reuters) – A shuttered South African airline sued Boeing Co for fraud over its agreement to buy eight 737 MAX planes and seeks damages of at …

By Chibuike Oguh NEW YORK (Reuters) -KKR & Co Inc said on Tuesday its fourth-quarter after-tax distributable earnings dropped 42% year-on-year, driven by asset sale declines in its private equity …

By Laila Kearney NEW YORK (Reuters) – Large U.S. electric utilities with renewable power projects in the works will benefit most in the sector from new federal clean energy funding, …

By Nichola Groom (Reuters) – Hundreds of used electric vehicle battery packs are enjoying a second life at a California facility connected to the state’s power grid, according to a …

As inflation continues to cripple the average New Jerseyan, business owners are also suffering. Many business owners have resorted to charging credit card surcharges in order to maintain slimming profit …

By Priyamvada C (Reuters) -Hertz Global Holdings Inc said on Tuesday it expects revenue to rise sequentially in the second and third quarters of this year on the back of …

The New Jersey Attorney General’s Office is investigating online gamblers with addictions through sifting through the data of online gaming sites, according to Attorney General Matthew Platkin. The first-of-its-kind program …

By Ananya Mariam Rajesh (Reuters) -Royal Caribbean Group said on Tuesday it was set for record bookings during the January-March period after the company posted a smaller-than-expected quarterly loss on …

By Ankika Biswas and Amruta Khandekar (Reuters) – European shares eked out slim gains on Tuesday, helped by some upbeat earnings reports though investors grew increasingly jittery about interest rates …

By Lucia Mutikani WASHINGTON (Reuters) – The U.S. trade deficit widened in December, reversing half of the prior month’s sharp contraction, as imports rebounded and exports of goods dropped to …

By Bartosz Dabrowski and Andrey Sychev (Reuters) -Germany’s Linde, on Tuesday forecast higher earnings for 2023 and said it plans to invest $7-$9 billion over the next two-to-three years in …

By Ron Bousso and Shadia Nasralla LONDON (Reuters) – BP reported on Tuesday a record profit of $28 billion for 2022 and hiked its dividend, but infuriated climate activists by …