Top News & Analysis New Jersey

  • Asian stocks rose after China promised to stabilize its economy and offset the impact of U.S. tariffs. The U.S. dollar rose as the British pound fell on news that Brexit negotiations with the European Union over Northern Ireland remain in flux and as the euro continued its slide on political uncertainty over Italy's budget. Treasury yield curve flattened to its...

  • Tight end Chris Herndon #89 of the New York Jets celebrates his touchdown with tight end Jordan Leggett #86 and tight end Eric Tomlinson #83 against the Indianapolis Colts during the third quarter at MetLife Stadium on October 14, 2018 in East Rutherford, New Jersey. 

    The start of the NFL and NCAA football seasons nearly tripled sports wagering revenue for New Jersey sportsbooks in September after a slow start following legalization in the state over the summer. 

  • *Honeywell erases gains after warning of slower China growth. NEW YORK, Oct 19- The U.S. benchmark S&P 500 stock index edged lower on Friday as strong earnings from Procter& Gamble Co were offset by ongoing concerns about rising interest rates and tensions over trade policy denting economic growth. The consumer staples sector, which has underperformed the...

  • WASHINGTON, Oct 18- Five industry groups representing major internet providers and cable companies filed suit on Thursday seeking to block a Vermont law barring companies that do not abide by net neutrality rules from receiving state contracts. The lawsuit was filed in U.S. District Court in Vermont by groups representing major providers like AT&T Inc,...

  • The lawsuit was filed in U.S. District Court in Vermont by groups representing major providers like AT&T Inc, Comcast Corp and Verizon Communications Inc and follow a suit from the four groups earlier this month challenging a much broader California law mandating providers abide by net neutrality rules. The groups are also challenging an executive order on...

  • WASHINGTON, Oct 18- New applications for U.S. unemployment benefits dropped last week and the number of Americans on jobless rolls fell back to levels last seen in 1973, suggesting a further tightening in labor market conditions. "The labor market is tight by any quantitative metric and companies are holding on to labor because of the difficulty of replacing...

  • Oct 16- Minnesota's attorney general on Tuesday filed a lawsuit accusing drug manufacturers Sanofi SA, Novo Nordisk and Eli Lilly and Co of deceptively raising prices for insulin. In a lawsuit filed in federal court in Trenton, New Jersey, Minnesota Attorney General Lori Swanson took aim at the companies after the list price for some insulin products more than...

  • Oct 16- Minnesota's attorney general on Tuesday filed a lawsuit accusing drug manufacturers Sanofi SA, Novo Nordisk and Eli Lilly and Co of deceptively raising prices for insulin. In a lawsuit filed in federal court in Trenton, New Jersey, Minnesota Attorney General Lori Swanson took aim at the companies after the list price for some insulin products more than...

  • In a lawsuit filed in federal court in Trenton, New Jersey, Minnesota Attorney General Lori Swanson took aim at the companies after the list price for some insulin products more than tripled since 2002..

  • *Apple drops 1.6 pct after Goldman Sachs warns on China demand. Among the biggest drag on the three major indexes was Apple, which fell 1.6 percent after Goldman Sachs said there were multiple signs of rapidly slowing consumer demand in China, which could affect demand for iPhones this fall. With the third-quarter earnings season entering high gear this week,...

  • Oct 11- A New Jersey jury on Thursday cleared Johnson& Johnson of liability in a case involving a woman who alleged that the company's talc-based products, including its baby powder, contain asbestos and caused her cancer. After less than a day of deliberations, the jury in New Brunswick, New Jersey rejected claims by Rosalind Henry and her husband, who had alleged...

  • Oct 11- Sears Holdings Corp has started to miss payments to vendors, adding to concerns about its future after sources said the U.S. department store operator was preparing to file for bankruptcy in the coming days. "We went into business with them with our eyes open and knew this day would come one day," said Arnold Kamler, chief executive officer of Parsippany, New...

  • Oct 11- Sears Holdings Corp has started to miss payments to vendors, adding to concerns about its future after sources said on Wednesday that the U.S. department store operator was preparing to file for bankruptcy in the coming days. "We went into business with them with our eyes open and knew this day would come one day," said Arnold Kamler, CEO of Parsippany, New...

  • *Also adding Los Angeles, San Francisco non-stops. The route, combined with the airline's plans to restart non-stop services to Los Angeles and add more non-stop flights to San Francisco next month, will give the premium Asian carrier its biggest-ever U.S. presence. It has since flown to New York's JFK Airport via Frankfurt and to Los Angeles via Tokyo and Seoul.

  • Oct 10- U.S. stock indexes dived around 1 percent on Wednesday as worries over China and the impact of rising Treasury yields on global growth drove falls in luxury goods companies and chipmakers. Chip gear producers Applied Materials, Teradyne and ASML Holdings fell between 3.5 percent and 4.6 percent. Shares in upscale jewellery retailer Tiffany& Co and...

  • NEW YORK, Oct 9- One recent Monday night in New York City, seven strangers sat around a dinner table sharing the biggest money secrets of their lives. Part dinner, part group therapy, part financial planning, this gathering, aptly named " Comfort Circle," is the brainchild of New York City financial behaviorist Jacquette Timmons. So far, the 15 confabs since 2017 have...

  • NEW YORK, Oct 5- The U.S. transportation sector, which many see as a proxy indicator of the economy's health, has retreated 3.1 percent from its Sept. 14 record, hinting to some analysts that the longest bull market on record has entered its late stages. Railways, freight carriers and package deliverers get less attention than heavy-hitting momentum stocks like...

  • WASHINGTON, Oct 5- The U.S. economy likely created jobs at a brisk clip in September, with the unemployment rate probably falling to an 18- year low of 3.8 percent, signaling a further tightening in labor market conditions. The Labor Department's closely watched monthly employment report on Friday is also expected to show a steady rise in wages, suggesting...

  • SAN FRANCISCO/ NEW YORK, Oct 3- Federal Reserve policymakers continue to signal that gradual U.S. interest rate hikes will be enough to tame inflation despite a fast-growing economy, even as a jump in longer-term borrowing costs suggests investors may be increasingly nervous about that rosy scenario. Fed Chairman Jerome Powell emphasized that the outlook for...

  • Oct 3- A black former Morgan Stanley broker who filed a lawsuit accusing the bank of racial bias must pursue his claims in private arbitration, a New York federal judge ruled Wednesday. District Judge John Koeltl in Manhattan ruled that the former broker, John Lockette, was bound by a company policy requiring employees to arbitrate all claims, including...