Top News & Analysis New Jersey

  • NEW YORK, March 22- As Wall Street braces for what may be the first U.S. profit decline since 2016, investors say the first quarter may not mark the low point for 2019 earnings. In the immediate term, markets could be roiled depending on what or if any information is released from Special Counsel Robert Mueller's report on his investigation into Russia's role in the...

  • point@ NEW YORK, March 22- As Wall Street braces for what may be the first U.S. profit decline since 2016, investors say the first quarter may not mark the low point for 2019 earnings. In the immediate term, markets could be roiled depending on what or if any information is released from Special Counsel Robert Mueller's report on his investigation into Russia's role...

  • Prosecutors said that he played a leading role in a scheme in which Rilin offered workers in China jobs in the United States, but required them to pledge large sums of cash and even their family's homes as security, which they would lose if they were found to violate their contracts. Once in the United States, prosecutors said, workers were told where they could live...

  • NEW YORK, March 22- As Wall Street braces for what may be the first U.S. profit decline since 2016, investors say the first quarter may not mark the low point for 2019 earnings. Concerns about economic weakness in the United States and abroad and the lack of a U.S.- China trade deal are hanging over the outlook, even as the Federal Reserve's dovish stance on interest...

  • ZURICH, March 21- Roche is seeking damages and compensation in a U.S. lawsuit against former executives of a Utah- based company, the Swiss drugmaker's latest case targeting what it calls fraudulent schemes involving its diabetes test strips. In Utah, where Alliance Medical filed for bankruptcy protection in 2017 after a raid by federal agents seeking evidence...

  • DraftKings Founder and CEO Jason Robins sits down with "Squawk Box" to discuss the gambling industry. The conversation touches on March Madness, mobile sports betting and much more.

  • WASHINGTON, March 16- Amazon.com Inc's plan to set up a second headquarters in northern Virginia, after being rebuffed in New York, will face its first test when local officials vote on Saturday on a proposed financial package worth an estimated $51 million. Amazon in November picked National Landing, a site jointly owned by Arlington County and the City of...

  • The U.S. Treasury Department insisted that most Americans were paying lower taxes under the new law. Just prior to approval of the tax reform by the Republican-controlled Congress, Trump said, "This is going to be one of the great gifts to the middle-income people of this country that they've ever gotten for Christmas." The March 6-11 survey found about 21 percent...

  • In this photo illustration, a container of Johnson's baby powder made by Johnson and Johnson sits on a table in San Francisco, California.

    A California jury on Wednesday ordered Johnson & Johnson to pay $29 million to a woman who alleged that asbestos in the company's talcum-powder-based products, including Johnson's Baby Powder, caused her mesothelioma.

  • *Trump-Xi meeting pushed to at least April- Bloomberg. March 14- U.S. stocks fell on Thursday weighed by concerns of a delay in trade talks between the United States and China, and data which showed a higher-than-expected fall in new home sales in January. Bloomberg reported that a meeting between President Donald Trump and China's Xi Jinping to sign an agreement...

  • March 14- Wall Street was set to open flat on Thursday as uncertainty of trade talks between the United States and China offset optimism after Britain's parliament voted to reject a disorderly Brexit. Bloomberg reported that a meeting between President Donald Trump and China's Xi Jinping to sign an agreement to end their trade dispute won't occur this month...

  • March 13- A California jury on Wednesday awarded $29 million to a woman who said that asbestos in Johnson& Johnson's talcum-powder-based products caused her cancer. The verdict, in California Superior Court in Oakland, marks the latest defeat for the healthcare conglomerate facing more than 13,000 talc-related lawsuits nationwide. The New Brunswick, New...

  • In this photo illustration, a container of Johnson's baby powder made by Johnson and Johnson sits on a table in San Francisco, California.

    A California jury on Wednesday ordered Johnson & Johnson to pay $29 million to a woman who alleged that asbestos in the company's talcum-powder-based products, including Johnson's Baby Powder, caused her mesothelioma.

  • New Jersey Governor Phil Murphy speaks after taking the oath of office in Trenton, New Jersey, January 16, 2018.

    Shares of major cannabis companies rallied Tuesday after New Jersey politicians outlined plans to legalize recreational marijuana use.

  • *Apple gains after announcing March 25 event. The Labor Department said its Consumer Price Index rose 0.2 percent last month, in line with estimates from economists polled by Reuters. Britain's exit from the European Union hung in the balance on Tuesday after Attorney General Geoffrey Cox said last-minute legally binding assurances won by Prime Minister...

  • March 12- Boeing Co's fall in stock market value this week soared past $20 billion on Tuesday as more countries including the United Kingdom grounded the planemaker's 737 MAX 8 aircraft following Sunday's deadly crash in Ethiopia. Malaysia, Singapore and Australia also grounded the plane. DZ Bank became the first brokerage in nearly two years to place a "sell"...

  • March 12- Boeing Co's stock losses mounted to more than $20 billion in two days as more countries including the United Kingdom grounded the planemaker's 737 MAX 8 aircraft on Tuesday following the deadly crash of a Nairobi- bound Boeing 737 MAX 8.. Malaysia, Singapore and Australia also grounded the plane. DZ Bank became the first brokerage in nearly two years to...

  • *British lawmakers to vote on Brexit deal at 3:00 p.m. ET. The Labor Department said its Consumer Price Index rose 0.2 percent, in line with estimates, implying benign underlying inflation last month and supports the Federal Reserve's "patient" approach for further interest rate hikes this year. Last-minute tweaks to Britain's divorce deal lifted stocks...

  • Malaysia, Singapore and Australia became the latest nations to ground Boeing's best-selling line of jets, one of which also crashed in Indonesia in October. DZ Bank became the first brokerage in nearly two years to place a "sell" rating on the stock, while setting a price target of $333- the lowest on Wall Street. "News that could really harm Boeing could affect...

  • March 12- S&P and Nasdaq futures moved higher on Monday after a Labor Department report showed U.S. consumer prices rose for the first time in four months in February, but Boeing's drop for the second day weighed on the Dow futures. "The number is right in line with estimates and that is a positive for markets," said Rick Meckler, partner at Cherry Lane Investments in...