Breaking Business news from across New Jersey.
By Minwoo Park, Chris Gallagher and Jira[censored] Kuhakan SEOUL/TOKYO/BANGKOK (Reuters) – South Korean and Japanese shop owners, Thai tour bus operators and K-pop groups are among those celebrating China’s border …
By David Shepardson WASHINGTON (Reuters) – New Jersey and Ohio said on Monday they were joining other states in banning use of the popular video app TikTok on government-owned and …
SHANGHAI (Reuters) – Investors should avoid Chinese currency risk and adapt to higher foreign exchange volatility, three state financial newspapers in Shanghai and Beijing said in front-page commentaries on Tuesday …
Chicago Suburb’s Plan To Fund Reparations Through Marijuana Sales Tax Backfires Laurel Duggan on January 9, 2023 Evanston, Illinois, a Chicago suburb, attempted to fund its racial reparations program through …
BEIJING (Reuters) – China created 12.06 million new urban jobs in 2022, achieving the government’s annual target despite the COVID hit to economic growth, state media Xinhua reported late Monday, …
By Madhumita VikramGokhale BENGALURU (Reuters) – India’s retail inflation held steady in December, staying within the Reserve Bank of India’s comfort zone for a second month as a moderation in …
By Leika Kihara and Yoshifumi Takemoto TOKYO (Reuters) – Core consumer prices in Japan’s capital, a leading indicator of nationwide trends, rose a faster-than-expected 4.0% in December from a year …
LONDON (Reuters) – Britain’s labour market cooled further in December, according to a survey of recruiters published on Tuesday that may ease some of the Bank of England’s concerns about …
(Reuters) -Apple Inc plans to replace a Broadcom Inc chip from its devices with an in-house design in 2025, Bloomberg News reported on Monday, citing people familiar with the matter. …
By Nick Carey LONDON (Reuters) – British luxury carmaker Bentley on Tuesday reported record vehicle sales for 2022, with strong demand offsetting a 9% drop in China caused by coronavirus-related …
By Caroline Valetkevitch NEW YORK (Reuters) – The S&P 500 index erased early gains to close nearly flat on Monday as expectations that the Federal Reserve will become less aggressive …
TOKYO (Reuters) – Japanese household spending fell 1.2% in November from a year earlier, government data showed on Tuesday, versus a median market forecast for a 0.5% gain. On a …
(Reuters) -Investment bank Jefferies Financial Group reported a 52.5% decline in fourth-quarter profit on Monday, hit by lower underwriting fees and volatile markets that dented income from its trading desks. …
SEOUL (Reuters) – South Korea had its third month of current account deficit in 2022 in November, mainly hit by still high import costs of energy at a time of …
By Carolina Mandl NEW YORK (Reuters) – Hedge funds last year posted their worst performance since 2018, mainly dragged down by equities as portfolio managers struggled to place their bets …
By Joseph White LAS VEGAS (Reuters) – BMW AG has unveiled a prototype for a car that talks like a human being, changes colors to suit the driver’s mood and …
By Shadia Nasralla LONDON (Reuters) -Capricorn Energy said on Monday it was ready to add “a number” of people put forward by activist investor Palliser to its board while it …
(Reuters) -Global ratings agency S&P Global lowered Southwest Airlines Co’s outlook to stable from positive, saying it expects the airline to generate weaker funds from operations (FFO) through 2023 amid …
By David Shepardson WASHINGTON (Reuters) -The acting head of the National Highway Traffic Safety Administration (NHTSA) told reporters on Monday that the regulatory agency is “working really fast” on the …
By Andy Bruce LONDON (Reuters) – Britain has become less competitive and less attractive to foreign investors as a result of soaring energy costs and recent political turmoil, manufacturers said …
(Reuters) – Southwest Airlines Co said on Monday it made leadership changes across several departments in a bid to strengthen operations amid a recent technology meltdown that forced the carrier …
By Lucy Raitano LONDON (Reuters) – Investors ploughed $867 billion into ETPs (exchange-traded products) in 2022, the second biggest inflow after 2021’s record $1.29 trillion, despite a hugely volatile market …
By Saeed Azhar and Scott Murdoch (Reuters) -Goldman Sachs Group will start cutting thousands of jobs across the firm from Wednesday, two sources familiar with the move said, as it …
By Stephen Culp NEW YORK (Reuters) – Shares of Bed, Bath & Beyond Inc rebounded sharply in high volume trading on Monday amid speculation by retail investors that the struggling …
By Fergal Smith TORONTO (Reuters) – Canada’s main stock index rose on Monday to its highest closing level in nearly four weeks as investors snapped up stocks in some of …