NEW YORK – Supply chain issues may gradually recede over time, easing some inflationary pressures and helping the Federal Reserve achieve its goal of controlling inflation without sparking a recession, …
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MILAN – Italy’s biggest bad loan firm doValue is discussing a possible extension of its contract with UniCredit but in the meantime has made prudent estimates on future problem debts …
- Financial News
India, UAE eye $100 billion in annual trade after signing trade pact
by Reutersby ReutersBy Manoj Kumar and Alexander Cornwell NEW DELHI/DUBAI -India and the United Arab Emirates signed a broad trade and investment pact on Friday that will eventually cut all tariffs on …
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Ford Motor considering ways to run EV business separately – Bloomberg News
by Reutersby Reuters-Ford Motor Co is considering ways to separate its electric-vehicle operation from its legacy business, Bloomberg News reported https://www.bloomberg.com/news/articles/2022-02-18/ford-f-ceo-is-considering-ways-to-run-its-ev-business-separately?sref=vEQJzSks on Friday, citing people familiar with the effort. Chief Executive Officer …
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By Philip Blenkinsop BRUSSELS -The European Union launched a legal challenge against China at the World Trade Organization on Friday, arguing that Chinese courts were preventing European companies from protecting …
- Financial News
Credit Suisse aims for 2022 profit, wants to go it alone -CEO tells paper
by Reutersby ReutersZURICH – Credit Suisse aims to make a profit this year, Chief Executive Thomas Gottstein told Swiss newspaper Finanz und Wirtschaft in an interview published on Friday. “We expect a …
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Mo Hill announces Toms River Boy Scout Property Religious Services Will Continue
TOMS RIVER, NJ – Toms River Mayor Maurice “Mo” Hill has announced the Hugh Clayton Jersey Shore Boy Scouts Council Center will be rented out for religious services going forward. …
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Pennsylvania Man Charged with Torture
by DOJ Pressby DOJ PressHARRISBURG – U.S. Attorney John C. Gurganus for the Middle District of Pennsylvania and the Department of Justice announced today that a Pennsylvania man was arrested yesterday on charges alleging …
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BRUSSELS -A senior European Union official said on Friday that a U.S.-Iranian deal to revive Iran’s 2015 nuclear agreement was close but success depended on the political will of those …
- Financial News
Fed’s Evans says policy “wrong-footed,” but may not need to be restrictive
by Reutersby ReutersBy Howard Schneider NEW YORK – Current high inflation requires a “substantial repositioning” of Federal Reserve policy, but not so much that it will restrict the economy and wreck employment, …
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Monmouth County Couple Charged with Attempted Murder After Road Rage Shooting
by Mark Spivey FREEHOLD – Two individuals involved in a road-rage incident that culminated with a nonfatal shooting last month have been arrested and charged, Acting Monmouth County Prosecutor Lori …
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New Jersey is one of America’s Most Vaccinated States, It’s Time to End the Mandates DePhillips Says
by Your Newsby Your Newsby Jennifer Peacock DePhillips calls on Murphy to end all Covid mandates now18hbyJennifer PeacockviaNJ Assembly Republicans TRENTON, N.J. – The public is done with mandates, and so is Assemblyman Christopher DePhillips. He …
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Lavallette man heading to prison for vehicular homicide
By Bryan Huntenburg LAVALLETTE, NJ – Ocean County First Assistant Prosecutor Michael T. Nolan, Jr., announced that on February 4, 2022, Brian Kosanke, 41, of Lavallette, was sentenced by the …
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Lacey Township Police Blotter: Feb 11-16, 2022
LACEY TWP, NJ – The following is a list of incidents reported by Lacey Township Police Chief Michael DiBella and the Lacey Township Police Department. Warrant On Friday, February 11, …
- Financial News
Volta Trucks raises $260 million to fund electric vehicle launch
by Reutersby ReutersBy Nick Carey LONDON – Volta Trucks said on Friday that it had raised 230 million euros ($260 million) in Series C funding round, which will finance it through the …
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Healthcare worker shortage looms as Murphy vaccine mandate targets former pandemic “Frontline Heroes”
by Your Newsby Your NewsFrom the Desk of Senator Anthony Bucco TRENTON, NJ – Less than two weeks before Governor Phil Murphy’s deadline requiring health care workers to have their second COVID vaccine shot, …
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WASHINGTON – A gauge of future U.S. economic activity fell in January for the first time in nearly a year amid a resurgence in COVID-19 cases, high inflation and supply …
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by Warren Conditi TRENTON – Acting Attorney General Matthew J. Platkin announced that the leader of a Paterson based opioid mill was sentenced to prison today for maintaining a controlled dangerous …
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Camden shopping center murder suspect in custody
by Andrew Kramer Camden, N.J. – Camden County Prosecutor Grace C. MacAulay and Camden County Police Chief Gabriel Rodriguez are announcing an arrest in connection with a weekend homicide at a …
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CIBC’s C$125 million settlement of financial crisis lawsuit gets court approval
by Reutersby Reuters– Canadian Imperial Bank of Commerce has received approval from an Ontario court of a C$125 million ($98 million) settlement to resolve claims in a class-action lawsuit alleging misrepresentations made …
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West Orange Swastika Sidewalk Artist Traced Back to Montclair Biker
WEST ORANGE, NJ – A lingering West Orange antisemitic incident has been solved. This past December 18th, 2021 a jogger discovered 3 swastikas drawn on the sidewalk at the B’nai …
- Financial News
Former Lazard banker found guilty of insider trading by German court
by Reutersby ReutersFRANKFURT -A former employee of investment bank Lazard was sentenced on Friday to an 18-month suspended jail term by a German court after being found guilty of insider trading, a …
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By Gilles Guillaume and Piotr Lipinski PARIS – Renault is looking at creating separate divisions for electric and combustion engine cars, an idea other automakers have resisted in case it …
- Financial News
Norwegian Air CEO considers Airbus jets amid drawn-out Boeing litigation
by Reutersby ReutersBy Victoria Klesty OSLO -Norwegian Air may order jets from Airbus in the future unless ongoing litigation with Boeing over previous aircraft cancellations is resolved in a timely fashion, the …
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Wall Street Giant Swallows Up 12,000 More Apartments For $5.8 Billion
Blackstone Inc. bought out Preferred Apartment Communities and the 12,000 apartments it owned in the Southeast for $5.8 billion, according to The Wall Street Journal. Blackstone is one the world’s …