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  • Financial News

    Ford suspends Russian operations following invasion of Ukraine

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    – Ford Motor Co said on Tuesday that, given Russia’s invasion of Ukraine, it has informed joint venture partner Sollers it is immediately suspending operations in Russia until further notice. …

  • Financial News

    Nike makes online sales unavailable in Russia

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    – Nike Inc has made merchandise purchases on its website and app unavailable in Russia as it cannot guarantee delivery of goods to customers in the country, an update on …

  • Financial News

    Nordstrom shares jump after retailer projects strong full-year results

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    -Nordstrom Inc forecast full-year revenue and profit above estimates on Tuesday, signaling strong demand for its upscale apparel and footwear as Americans resume normal life, and driving its shares up …

  • Financial News

    Oil prices surge over 7% as global crude reserve release disappoints

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    By Scott DiSavino NEW YORK -Oil prices surged over 7% on Tuesday to their highest since 2014, as a global agreement to release crude reserves failed to calm fears about …

  • Financial News

    Oil surges above $100 a barrel, stocks slide on Ukraine conflict

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    By Herbert Lash and Marc Jones NEW YORK/LONDON -Oil shot back above $100 a barrel and U.S. and German government debt rallied on Tuesday as fears increased over the impact …

  • Financial News

    U.S. officials applaud Mexico for assuring ‘fair and safe’ union vote at auto parts plant

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    WASHINGTON – U.S. Trade Representative Katherine Tai and Labor Secretary Marty Walsh on Tuesday lauded Mexico’s efforts to assure a “fair and safe” union vote at the Tridonex auto parts …

  • Financial News

    Yellen tells EU’s Dombrovskis ‘further strong measures’ needed on Russia -Treasury

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    WASHINGTON – U.S. Treasury Secretary Janet Yellen on Tuesday told European Commission Executive Vice President Valdis Dombrovskis that cooperation was needed on “further strong measures” in response to Russia’s invasion …

  • Featured NewsFinancial News

    Euro falls to lowest since June 2020 as Russia’s invasion of Ukraine picks up

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    By Caroline Valetkevitch NEW YORK – The euro hit its lowest level against the U.S. dollar since June 2020 on Tuesday and the Russian rouble was down in volatile trading …

  • Financial News

    Facebook whistleblower to attend Biden’s State of the Union address -White House

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    WASHINGTON -Facebook whistleblower Frances Haugen plans to attend U.S. President Joe Biden’s first State of the Union address to Congress on Tuesday night, the White House said, as it seeks …

  • Financial News

    Russian oil trade in disarray over sanctions as prices blast through $100/bbl

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    By Ron Bousso, Julia Payne and Dmitry Zhdannikov LONDON – Russian oil trade was in disarray on Tuesday as producers postponed sales, importers rejected Russian ships and buyers worldwide searched …

  • Financial News

    U.S., allies set oil reserves release as prices soar

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    By Yuka Obayashi and Noah Browning TOKYO – The United States and other member states of the International Energy Agency (IEA) on Tuesday agreed to release 60 million barrels of …

  • Financial News

    Global risks cloud Fed’s policy pivot as Powell heads to Congress

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    By Howard Schneider – The Federal Reserve’s plan to end the loose money policies used to fight the coronavirus pandemic is facing an unexpectedly early test as the Russian invasion …

  • Financial News

    Exclusive-World Bank pushes for $350 million Ukraine loan approval within days -sources

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    By David Lawder WASHINGTON -The World Bank is pushing for “fast-track” approval of an additional $350 million loan for Ukraine within days, to provide emergency cash for its efforts to …

  • Financial News

    Apple says it halts all product sales in Russia

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    -Apple Inc said on Tuesday it has paused all product sales in Russia in response to the Russian invasion of Ukraine. “We are deeply concerned about the Russian invasion of …

  • Financial News

    Google drops RT, other Russian state media from its news features

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    By Paresh Dave OAKLAND, Calif. -Alphabet Inc’s Google confirmed on Tuesday that it had removed Russian state-funded publishers such as RT from its news-related features, including the Google News search …

  • US and World News

    Analysis-Russian ransomware attacks on Ukraine muted by leaks, insurance woes

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    By James Pearson and Raphael Satter LONDON/WASHINGTON – Warnings that pro-Russian ransomware gangs would snarl networks in Ukraine and its allies have so far failed to materialise amid disarray among …

  • Breaking NewsCentral Jersey NewsFeatured NewsGovernment NewsNew Jersey NewsOcean County News

    Commissioner Ginny Haines Sacks Ocean County Administrator Carl Block

    by Phil Stilton March 1, 2022
    by Phil Stilton March 1, 2022

    TOMS RIVER, NJ – It’s the end of the road for longtime George Gilmore associate Carl Block at the Ocean County Administration Building this week. Earlier, Block, the Ocean County …

  • Financial News

    BoE’s Saunders says Ukraine impact on rate decisions unclear

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    By William Schomberg and David Milliken LONDON -Bank of England policymaker Michael Saunders said Russia’s invasion of Ukraine is likely to push Britain’s soaring inflation higher, but that it is …

  • Financial News

    Entities from ‘unfriendly countries’ will need Russia’s permission for certain deals

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    MOSCOW – Deals with securities or real estate, or provision of rouble loans involving entities from countries unfriendly to Russia will require special authorisation from March 2, the Kremlin said …

  • Financial News

    Canada’s Nutrien eyes prolonged global fertilizer disruption from invasion of Ukraine

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    By Rod Nickel WINNIPEG, Manitoba -Canada’s Nutrien Ltd, the world’s biggest fertilizer producer, said on Tuesday that Russia’s invasion of Ukraine could result in prolonged disruptions to the global supply …

  • Financial News

    Malaysian financier said he discussed 1MDB probe with Trump allies -testimony

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    By Luc Cohen NEW YORK – A fugitive Malaysian financier said he won support from allies of former U.S. President Donald Trump for a possible settlement of a probe into …

  • Financial News

    GM sells stake in EV startup Lordstown Motors

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    -General Motors Co said on Tuesday it sold its stake in electric vehicle startup Lordstown Motors Corp. GM spokesman Jim Cain said the Detroit automaker sold its 7.5 million shares …

  • Financial News

    Analysis-Getting rid of Russian assets a big problem for U.S. fund managers

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    By John McCrank and Davide Barbuscia NEW YORK – U.S. investors holding Russian assets are finding themselves in an increasingly difficult position on working out how to ditch them. The …

  • Financial News

    New York City police fund votes to divest Russian securities

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    – Trustees of the New York City police pension fund voted on Tuesday to divest Russian company securities, supporting a resolution brought by city Comptroller Brad Lander, his office said. …

  • Financial News

    Analysis-Ukraine war won’t deter Fed and Co. from March rate hikes

    by Reuters March 1, 2022
    by Reuters March 1, 2022

    By Dhara Ranasinghe, Sujata Rao and Saikat Chatterjee LONDON – The U.S. Federal Reserve and some of its major central banking peers will press ahead with lifting interest rates this …

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