By Tina Bellon and Nivedita Balu -Uber Technologies Inc on Wednesday reported its second quarterly operating profit as demand for its ride-hailing service approached pre-pandemic levels and its food delivery …
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Ford says Detroit/Windsor bridge disruption impacting Canadian plants
by Reutersby ReutersWASHINGTON – Ford Motor Co said on Wednesday that an interruption to traffic at a key U.S.-Canadian bridge, as a result of demonstration against coronavirus mandates, has hurt production at …
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By Chris Prentice and Dhara Ranasinghe WASHINGTON/LONDON – World stocks rallied on Wednesday, with Wall Street rising again on a Big Tech boost and European shares gaining on strong earnings …
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Mattel forecasts full-year earnings above estimates as toy demand holds strong
by Reutersby ReutersBy Deborah Mary Sophia and Uday Sampath Kumar – Mattel Inc forecast full-year profit above estimates on Wednesday, with the company confident robust demand for its Barbie dolls and other …
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Boston Fed picks Susan Collins, first Black woman to lead a Fed bank
by Reutersby ReutersBy Ann Saphir -The Federal Reserve Bank of Boston on Wednesday named University of Michigan provost Susan Collins as its next chief, making her the first Black woman to lead …
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By Supantha Mukherjee – Sony said on Wednesday it has created an artificial intelligence agent called Gran Turismo Sophy (GT Sophy) that was able to beat world’s best drivers of …
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By Hannah Lang and Herbert Lash NEW YORK -The dollar slid further on Wednesday and the euro extended gains following a hawkish shift from the European Central Bank last week …
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Oil rallies on big drawdown in U.S. crude stocks, strong demand
by Reutersby ReutersBy David Gaffen NEW YORK -Oil prices rallied on Wednesday after U.S. crude inventories dropped by nearly 5 million barrels and fuel demand rose to an all-time high, underscoring the …
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By Ron Bousso and Nerijus Adomaitis LONDON – Consumers should brace for years of high energy prices, heads of top oil and gas companies said, in what would pile pressure …
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Siemens to sell its 50% stake in the Valeo Siemens e-Automotive joint venture
by Reutersby ReutersZURICH – Siemens has agreed to exit its Valeo Siemens eAutomotive joint venture in a deal which will boost the German company’s profits by around 300 million euros ($342.60 million), …
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Drugmaker Teva may pay as much as $3.6 billion in U.S. opioid settlement
by Reutersby ReutersBy Steven Scheer JERUSALEM -Teva Pharmaceutical Industries said on Wednesday it was bracing to pay as much as $3.6 billion in cash and medicine to settle thousands of lawsuits alleging …
- New Jersey NewsPets and AnimalsPolice BlotterSouth Jersey News
Galloway police make arrest at crash scene after fight leads to stabbing
GALLOWAY TOWNSHIP – On Tuesday, Galloway Township Police Department patrol units were dispatched to Federal Ct. for the report of a physical altercation involving two males. Hisham Sarhan, a twenty-three-year-old …
- Business News
Siemens agrees to sell logistics business to Koerber in 1.15 billion euro deal
by Reutersby ReutersZURICH – Siemens has agreed to sell the mail and parcels business of Siemens Logistics business to German technology group Koerber for a purchase price of 1.15 billion euros ($1.31 …
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SILVER SPRINGS – Detectives from the Montgomery County Department of Police – 3rd District Investigative Section are investigating a shooting incident that occurred during the overnight hours from February 7 …
- Burlington County NewsNew Jersey NewsPolice Blotter
DUI driver from Teaneck stopped by police had illegally owned gun in vehicle
by Your Newsby Your NewsMANSFIELD TOWNSHIP – The New Jersey State Police have arrested Kevin A. Simmons, 49, of Teaneck N.J. after a traffic stop led to a DWI arrest and the recovery of …
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The State of New York announced that its retirement fund would divest $238 million from companies that are “not prepared for net zero transition.” The state will divest from 21 …
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Exclusive-New York pension fund to divest half its shale companies
by Reutersby ReutersBy Ross Kerber BOSTON -New York’s state pension fund will sell $238 million worth of stock and debt it holds across 21 shale oil and gas companies including Chesapeake Energy …
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School District Backpedals Middle School Curriculum That Asked Students To List Their Favorite Sex Acts Like Pizza Toppings
A Connecticut public school told eighth grade students in a sex education class to list their sexual likes and dislikes as pizza toppings as a way to teach consent, according …
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Volkswagen labour chief takes company to task on China, in FAZ interview
by Reutersby Reuters– Volkswagen’s works council chief Daniela Cavallo said the carmaker must do more to understand the Chinese market in order to capture greater market share, after missing its electric vehicle …
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Fed’s Mester says case for half-percentage-point rate hike in March not compelling
by Reutersby ReutersBy Jonnelle Marte -The Federal Reserve will have to move faster than it has in the past to remove accommodation and tame inflation that is well above target, but it …
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Police arrested a 14-year-old girl for shooting a 13-year-old boy in Washington, D.C., on Monday, multiple local sources reported. The shooting occurred around 4:00 p.m. in the 2300 block of Pennsylvania Avenue, the …
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Bank of Canada: Economy needs more capacity investment, not stimulus
by Reutersby ReutersBy Julie Gordon and David Ljunggren OTTAWA -Canada’s economy does not need more stimulus, but rather more investment from both government and businesses to build up supply capacity to meet …
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Fed hopes economy is on cusp of inflation slowdown as rate hikes loom
by Reutersby ReutersBy Howard Schneider WASHINGTON – New data on Thursday is expected to show U.S. inflation still at multi-decade highs, but Federal Reserve officials are holding out hope that the peak …
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Exclusive-UniCredit set to sell 2 billion euros in impaired loans to DK-owned Prelios – sources
by Reutersby ReutersBy Valentina Za MILAN – Italian bank UniCredit plans to sell around 2 billion euros ($2.29 billion) in impaired debts to bad loan specialist Prelios after halting a process to …
- Food & DiningJersey Shore NewsNew Jersey NewsOcean County News
Toms River’s Joe Joe’s Italian Hot Dogs is Gone, but Not Forgotten as New Restaurant Pays Homage to the Past
TOMS RIVER – When Joe Joe’s Italian Hot Dogs decided to shut its doors forever, it was like a stake through the heart for many in Toms River who grew …