TRENTON, NJ – Senate Republican Leader Anthony M. Bucco (R-25) has sharply criticized the recent agreement between the New Jersey Board of Public Utilities (BPU) and the state’s four major electric utilities,…
By Carolina Mandl NEW YORK (Reuters) – Global hedge funds built bearish positions this week to the highest level in nearly five years, Goldman Sachs said on Friday, without citing the underlying…
LONDON (Reuters) – Strategists at JPMorgan have advised opening a ‘short’ position in European banks, and moved the sector from ‘neutral’ to ‘underweight’, they said in a note published on Monday. “If…
Within a day of the massacre of Israeli babies, women, the elderly and others, the National Lawyers Guild issued a statement in support of the mass murderers. The Guild is a group…
Near-Miss for Billion-Dollar Jackpot: Virginia Man Wins $1 Million in Powerball Drawing FALLS CHURCH, VA — Carlos Gutierrez, a small business owner from Centreville, won $1 million in the Powerball drawing on…
NEW YORK CITY, NY – The New York City Police Department is asking for the public’s help in identifying two male individuals related to a burglary. On Tuesday, at about 12:20 am,…
(Reuters) – Bill Ackman’s hedge fund Pershing Square Capital Management has covered its bond short position, the billionaire investor posted on Monday, saying it was too risky to remain short bonds at…
By Nell Mackenzie LONDON (Reuters) – Former Odey Asset Management (OAM) portfolio manager James Hanbury has taken short positions against private equity, which will likely struggle to finance and refinance deals as…
(Reuters) – Kerrisdale Capital said on Tuesday it had taken a short position on Joby Aviation over profitability concerns, sending the electric aircraft maker’s shares down nearly 5%. “We believe (Joby) is…
By Jamie McGeever ORLANDO, Florida (Reuters) – Hedge funds have entered the final quarter of the year doubling down on two of their biggest macro conviction trades – short U.S. Treasuries and…
JESSUP, MD – Two fortunate Powerball ticket purchasers in Maryland may have not won the jackpot, but they are certainly not walking away empty-handed. In the Oct. 2 drawing, a ticket worth…
(Reuters) – SpaceX’s satellite internet venture Starlink posted a more than six-fold surge in revenue last year to $1.4 billion, but fell short of targets set by CEO Elon Musk, the Wall…
By Nell Mackenzie LONDON (Reuters) – Hedge funds ditched short bets against U.S. regional banks as of the end of August and turned bullish on the broader U.S. financial sector, according to…
By Prerana Bhat BENGALURU (Reuters) – A short U.S. housing market correction is now over, according to property analysts polled by Reuters who have wiped out forecasts for a price fall this…
(Reuters) – Investors with short position on Nvidia lost $826 million in mark-to-market losses on Thursday, data from analytics firm S3 Partners showed, as the world’s largest chipmaker’s shares surged after a…
Senator Jim Holzapfel and Assemblymen Greg McGuckin, and John Catalano continue to pledge their support of Save Barnegat Bay and Toms River Township by opposing the DEP's settlement with the current owners…
By Nelson Bocanegra BOGOTA (Reuters) – In May, a forum bringing together leaders debating wind and solar development in Colombia’s La Guajira province was disrupted by a chorus of passionate opposition. “La…
TRENTON, NJ – New Jersey Governor Phil Murphy is returning to America after just a few days on his summer vacation at his Italian villa. During his absence, Lt. Governor Sheila Oliver,…
By Nell Mackenzie LONDON (Reuters) – Billionaire investor Daniel Loeb has reduced the size of short bets on single named companies to limit the vulnerability of his hedge fund, Third Point, to…
BEIJING (Reuters) – A listing of Jack Ma-backed Ant Group is unlikely in the short term, state media reported on Saturday, citing people close to regulation. Earlier this month, Ant Group announced…
By Max A. Cherney (Reuters) – The U.S. semiconductor industry faces a shortfall of roughly 67,000 workers by 2030, according to an industry association study published on Tuesday. The chip industry’s workforce…
By Sinéad Carew (Reuters) – Shares in Sirius XM Holdings were down 10.5% on Friday, erasing some of their dramatic gains in the previous day’s session with analysts attributing the volatility to…
A look at the day ahead in U.S. and global markets from Mike Dolan China’s spluttering recovery set the tone for world markets on Monday after a bumper week of U.S. disinflation…
SYRACUSE, NY – Malcolm Barner, born on February 2, 1995, was apprehended by the Criminal Investigation Division (CID) Homicide Unit Detectives on Friday, for his alleged involvement in the murder of Karlianne…
Biden Admin Stops Short Of Calling For New Restrictions On Flesh-Eating Drug Ripping Through The Nation Jennie Taer on July 11, 2023 The White House announced Tuesday a new national strategy to…
(Reuters) – Small pickups fell short of the standards expected in protecting the passengers on the rear seat of the vehicle, tests conducted by Insurance Institute for Highway Safety (IIHS) showed. In…