Man wanted for strong armed phone robbery in botched Newark Facebook Marketplace sale
NEWARK, N.J. — Newark Public Safety Director Emanuel Miranda Sr. is asking for the public’s assistance in identifying a suspect who allegedly robbed a man during a pre-arranged phone sale earlier this…
Homebuilder Smith Douglas valued at $1.21 billion in strong debut
By Sri Hari N S (Reuters) -Smith Douglas Homes notched a valuation of $1.21 billion in its market debut on Thursday, after the homebuilder’s shares jumped 11.9% on debut, marking a strong…
PSE&G Braces for Severe Weather with Heavy Rain and Strong Winds
NEWARK, NJ – January 8, 2024: PSE&G is gearing up for another storm expected to bring heavy rain and strong winds across its service area this week. This comes after the recent…
Fed’s Barkin: Strong US jobs report keeps focus on inflation fight
By Howard Schneider LINTHICUM, Md. (Reuters) -Continued strong U.S. job growth and a low unemployment rate shows the Federal Reserve is not yet at the point where its efforts to control inflation…
US corporate bond issuance to slow after strong start to 2024
By Matt Tracy (Reuters) – U.S. corporate bond market issuance is projected to slow next week from a hectic start to the year after economic data sent mixed signals on Friday but…
Traders pare bets on March start to Fed rate cuts after strong jobs data
(Reuters) – Traders on Friday tempered expectations for the Federal Reserve to start cutting interest rates in March after the U.S. government’s monthly labor market report showed employers added more workers in December…
Japan service activity expands in Dec, led by strong new business – PMI
TOKYO (Reuters) – Japan’s December service activity expanded at a faster pace from the previous month thanks to strong demand and a lift in confidence even though the overall growth rate was…
Mega-cap companies saw strong gains in 2023 amid tech optimism
(Reuters) – Global mega-cap companies, led by the technology sector, posted solid gains in 2023, boosted by optimism over artificial intelligence, that inflation was peaking and on hopes for further economic stimulus…
Strong gains for cocoa, iron ore in 2023 as energy prices dip
By Naveen Thukral and Florence Tan SINGAPORE (Reuters) – Cocoa and iron ore prices surged in 2023, while natural gas and coal prices tumbled, with most agricultural products expected to outperform energy…
Toyota’s global output surges to record in November on strong demand
TOKYO (Reuters) – Toyota Motor’s global production jumped 11% in November to a record level, bouncing back from last year’s supply chain disruptions and benefiting from robust demand both in Japan and…
Goldman cuts 2024 Brent price forecast on strong US supply
(Reuters) – Goldman Sachs trimmed its price expectation for Brent crude in 2024 by $10 per barrel to between $70 and $90, saying strong production from the United States would moderate any…
EU risks losing ground in EVs without strong industry strategy – ACEA
BERLIN (Reuters) – Europe’s electric vehicle (EV) sector risks falling behind without a robust EU industrial strategy, autos group ACEA said on Thursday citing new report findings, amid China’s dominance of the…
Boeing within range of airplane delivery goal after strong November
By Valerie Insinna WASHINGTON (Reuters) – Boeing deliveries rose to 56 airplanes in November as the company rebounded from a 737 manufacturing defect, putting the planemaker within striking distance of its annual…
New Jersey Man Gets 15-Years for Strong Armed Robbery at Rite-Aid
BRIDGETON, NJ – Rodney Green, 54, of Willingboro, New Jersey, was sentenced on Tuesday, to 15 years in New Jersey State Prison. The sentence comes after a robbery at Rite Aid occurred…
Yellen says Fed performance strong, U.S. economy robust
MEXICO CITY (Reuters) – U.S. Treasury Secretary Janet Yellen said on Thursday the U.S. Federal Reserve is performing strongly and that she was feeling very satisfied about the path that the U.S.…
Fonterra hikes 2024 earnings, milk price outlook on strong demand
(Reuters) – New Zealand’s Fonterra Co-operative on Thursday increased its fiscal 2024 earnings and farmgate milk price forecasts, citing strengthening demand for reference commodity products from key importing regions. The company hiked…
AutoZone first-quarter profit rises 10% on strong parts demand
(Reuters) – Automotive parts retailer AutoZone on Tuesday posted a better-than-expected 10% rise in quarterly profit as demand for its Do-It-Yourself (DIY) kits benefited from more people maintaining their existing vehicles instead…
BOJ survey highlights strong bond market strains from ultra-easy policy
By Leika Kihara TOKYO (Reuters) -The Bank of Japan’s massive asset-buying scheme introduced in 2013 led to a sharp deterioration in the function of the country’s bond markets, which continued to worsen…
Salesforce shares jump as strong cloud demand drives stellar results
By Chibuike Oguh NEW YORK (Reuters) – Salesforce Inc’s stock jumped by about 10% on Thursday to a nearly two-year high after the U.S. cloud and business software company reported stellar third…
US new vehicle sales to rise in November on strong demand – report
(Reuters) – New vehicle sales in the United States are expected to rise in November, a report from industry consultants showed on Wednesday, as demand for the latest models remains strong and…
American Eagle raises annual revenue forecast on strong holiday-season demand
(Reuters) – American Eagle Outfitters on Tuesday raised its annual revenue forecast, in a sign that demand for its apparel and accessories remained steady ahead of the crucial holiday season. The company…
Greek economy seen growing by 2.9% next year on strong investment
By Lefteris Papadimas ATHENS (Reuters) – Greece expects its economy to grow faster in 2024 on the back of strong projected tourist inflows, higher investment and domestic demand, the government’s 2024 final…
Structural demand for US debt strong despite bond market volatility – Moody’s
(Reuters) – The structural demand for U.S. debt which underpins the dollar-based global financial system remains strong against the backdrop of recent Treasury market volatility, Moody’s Investors Service said on Monday. The…
Senate Passes Armenian Protection Act of 2023, Menendez Shows Strong Support
JERSEY CITY, N.J. – In a significant move, the U.S. Senate has passed the Armenian Protection Act of 2023, receiving commendation from Senator Bob Menendez (D-N.J.). The act aims to halt military…
Hyundai, Kia see strong demand for EVs, despite rivals’ concerns
By Abhirup Roy LOS ANGELES (Reuters) – Hyundai Motor and Kia see strong U.S. demand for electric vehicles (EVs), senior executives at the South Korean automakers told Reuters ahead of the Los…
US steelmakers set for strong start to 2024 as UAW strike fuels price gains
By Ananta Agarwal and Nathan Gomes (Reuters) – U.S. steelmakers are on course to post higher profits in the first quarter of 2024 as prices spike from a scramble by buyers to…
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