Breaking Business news from across New Jersey.
By Chibuike Oguh NEW YORK (Reuters) -Carlyle Group Inc said on Tuesday that its fourth-quarter distributable earnings tumbled 52% year-on-year, as the private equity firm cashed out on fewer investments …
By Milana Vinn (Reuters) – Marc Teillon, the co-head of the Vista Equity Partners Management LLC’s private equity funds that focus on middle-market investments, is leaving the firm to pursue …
(Reuters) – Uber Technologies Inc’s revenue growth is set to outpace that of rival Lyft Inc as the rideshare firm’s presence in major markets around the world gives it the …
By Svea Herbst-Bayliss NEW YORK (Reuters) – Activist investor JANA Partners LLC, which has flexed its muscle at household names including Whole Foods and Freshpet, is promoting a veteran of …
By Ismail Shakil and Ben Blanchard OTTAWA/TAIPEI (Reuters) -Canada and Taiwan on Tuesday agreed to start formal negotiations for a deal to encourage two-way foreign investments and deepen their Indo-Pacific …
(Reuters) – Spirit Airlines Inc said on Tuesday it expects U.S. antitrust regulators to decide whether to allow the low-cost carrier to proceed with its $3.8 billion merger with JetBlue …
By Jorgelina do Rosario (Reuters) – The Paris Club of creditors has given financing assurances to support the International Monetary Fund’s approval of an extended fund facility for Sri Lanka, …
By Elvira Pollina and Giuseppe Fonte MILAN (Reuters) – Italian state lender CDP is sounding out banks that could help finance its offer for Telecom Italia’s landline grid while also …
(Reuters) – Alphabet Inc and rival Microsoft are once again locked in a race to rule the internet zeitgeist after the Google owner launched “Bard” in answer to AI chatbot …
PARIS (Reuters) – France’s economy is on course for marginal growth in the first half of this year, the INSEE statistics agency said on Tuesday, adding that whether strikes over …
(Reuters) – Microsoft Corp’s Outlook was back up for most users, the company said on Tuesday, after an hours-long outage disrupted the email service application for users primarily in North …
BERLIN (Reuters) – The Ford Motor Co works council in Cologne, Germany invited workers to a meeting on Feb 14 to update them on negotiations with management over planned job …
NEW YORK (Reuters) – U.S. prosecutors on Tuesday asked a judge to postpone civil cases brought against FTX founder Sam Bankman-Fried by federal regulators until a parallel criminal case against …
LONDON (Reuters) – Many mortgage borrowers could struggle to manage more expensive home loans this year, one of Britain’s top bank bosses said on Tuesday, as the cost of living …
By John Revill and Noele Illien ZURICH (Reuters) -Holcim AG, the world’s biggest cement maker, has agreed to buy U.S. roofing systems manufacturer Duro-Last in a $1.29 billion deal, the …
(Reuters) -Canada’s Hut 8 Mining Corp will merge with rival US Bitcoin Corp to create a crypto mining giant in North America, consolidating after a steep fall in valuations for …
By Noor Zainab Hussain, Mike Spector and Jessica DiNapoli (Reuters) -Bed Bath & Beyond Inc said on Monday it was planning to raise some $1 billion through an offering of …
(Reuters) – Australian health insurer Medibank Private Ltd said on Tuesday a class action suit had been filed against it over last year’s cybercrime incident that compromised personal information of …
By Chibuike Oguh NEW YORK (Reuters) – The investment arm of insurance giant Metlife Inc said on Tuesday it had agreed to acquire Raven Capital Management, a U.S. private credit …
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada posted a C$160 million ($119.1 million) trade deficit in December as energy products dragged down exports and slowed economic growth weighed …
BEIJING (Reuters) -China’s Baidu Inc said on Tuesday it would complete internal testing of a ChatGPT-style project called “Ernie Bot” in March, as interest in generative artificial intelligence (AI) gathers …
SAO PAULO (Reuters) – Brazil’s auto industry production and sales dropped sharply in January from the previous month, data from automakers association Anfavea showed on Tuesday, suggesting sluggish demand for …
By Paul Lienert SANTA MONICA, Calif. (Reuters) – Automakers may not be able to build as many electric vehicles as they would like — and consumer demand for those EVs …
(Reuters) -Apollo Global Management Inc is among a group of financial firms considering investing in Credit Suisse’s revamped investment bank CS First Boston, a source with knowledge of the matter …
By Mathieu Rosemain and Matthieu Protard PARIS (Reuters) – BNP Paribas’ trading business drove the French bank’s sales growth in the fourth quarter, underpinning Chief Executive Jean-Laurent Bonnafe’s expansion strategy …