Top News & Analysis New Jersey

  • Feb 18- Meal-kit delivery company Blue Apron Holdings Inc said on Tuesday it is considering going private and announced the closure of its Arlington, Texas facility, sending its shares up 3% in trading after the bell. Overwhelmed by rising competition and falling sales, Blue Apron's stock has been declining since its Wall Street debut. Blue Apron, whose...

  • NEW YORK, Feb 18- The Dow and S&P 500 were lower on Tuesday afternoon as a sales warning from tech bellwether Apple highlighted the impact of the coronavirus outbreak on global supply chains. China- exposed chipmakers slipped, with the Philadelphia SE Semiconductor index shedding 1.3%, while the broader S&P technology sector lost 0.3%. "It was more than analysts...

  • NEW YORK, Feb 14- Global stock markets rose slightly on Friday as investors bet on a lull in proliferation of the coronavirus, while oil prices registered their first weekly gain since early January. Wall Street climbed late in the session following a CNBC report, citing sources, that the White House was considering a tax incentive for Americans to buy stocks.

  • Meanwhile, the coronavirus epidemic in China showed no signs of easing, with new cases topping 5,000 on Friday. "The coronavirus still remains a concern but it appears for now at least that the assumption is it won't impact the U.S. too much and that it will be something that can be controlled in China," said Rick Meckler, partner at Cherry Lane Investments, a family...

  • *China says mainland cases rise by 5,090, with 121 new deaths. Authorities reported 5,090 new cases in mainland China, including more than 120 deaths, taking the total number of infected to 63,851, and the number of deaths from the disease, now labeled Covid-19, to 1,380.. China's factories and offices are only slowly creaking back into life after Lunar New Year...

  • *China says mainland cases rise by 5,090, 121 new deaths. China's National Health Commission said it had recorded 121 new deaths and 5,090 new coronavirus cases on the mainland on Thursday, taking the total number of infected to 63,851.. Some 55,748 people are being treated, while 1,380 people have died of the virus that emerged in December in Wuhan, capital of the...

  • *China says mainland cases rise by 5,090, 121 new deaths. *Japan reports first death, third outside mainland China. China's National Health Commission said it had recorded 121 new deaths and 5,090 new coronavirus cases on the mainland on Thursday, taking the total number of infected to 63,851..

  • *Japan reports first death, third outside mainland China. BEIJING/ SIHANOUKVILLE, Cambodia, Feb 14- China's coronavirus outbreak showed no sign of peaking with health authorities on Friday reporting more than 5,000 new cases, while passengers on a cruise ship blocked from five countries due to virus fears finally disembarked in Cambodia.

  • *Japan reports first death, third outside mainland China. BEIJING/ SIHANOUKVILLE, Cambodia, Feb 14- China's coronavirus outbreak showed no sign of peaking with health authorities on Friday reporting more than 5,000 new cases, while passengers on a cruise ship blocked from five countries due to virus fears finally disembarked in Cambodia.

  • SIHANOUKVILLE, Cambodia, Feb 14- Passengers on a cruise ship that spent two weeks at sea after being turned away by five countries over coronavirus fears started disembarking in Cambodia on Friday. After tests, no one on board was found to be carrying the virus, Cambodia's health ministry said. Cambodian authorities granted permission for passengers to...

  • NEW YORK, Feb 13- Oil prices edged higher on Thursday, as investors hoped the world's biggest producers would cut output more, while they largely shrugged off forecasts of slumping demand due to the coronavirus outbreak in top oil importer China. West Texas Intermediate was up 40 cents, or 0.8%, at $51.57 a barrel. U.S. gasoline futures jumped more than 1%, supported...

  • NEW YORK, Feb 13- Oil prices edged higher on Thursday as investors focused on the possibility of deeper supply cuts from the world's biggest producers, whilst largely shrugging off reports which cut demand forecasts after the coronavirus outbreak in China, the biggest oil importer. The energy complex was led higher by U.S. gasoline futures, which jumped more...

  • LONDON, Feb 12- The world's big oil trading firms are investing heavily in environmentally-friendly projects as they face increasing pressure from investors, governments, activists and financiers to find a sustainable business model. *Bought ethanol plant in South Bend, Indiana in 2018 that produces 100 million gallons per year. *Waste oils plant in...

  • NEW YORK, Feb 10- MIAX Pearl, one of three options exchanges run by Miami International Holdings Inc, said on Monday it plans to launch stock trading in September, adding to a growing list of firms looking to take market share from incumbents like the New York Stock Exchange. "The entry of an innovative, cost competitive market such as Pearl Equities will promote...

  • BEIJING/ SHANGHAI, Feb 7- A major cruise line on Friday took the extraordinary step of banning citizens of China regardless of when they were last there, while there was sorrow and anger over the coronavirus death of a doctor from Wuhan who had been reprimanded for sounding an early warning about the disease. Apple Inc, however, said it was working to reopen its China...

  • BEIJING/ SHANGHAI, Feb 7- The coronavirus death of a Chinese doctor who had been reprimanded for sounding an early warning about the disease triggered anger at the government on Friday, while a major cruise line took the extraordinary step of banning citizens of China regardless of when they were last there. Deaths in mainland China reached 637 on Friday, with a...

  • *Trump says China showing' great discipline'. Deaths in mainland China reached 637 on Friday, with a total of 31,211 cases, WHO chief Tedros Adhanom Ghebreyesus said in Geneva, warning of a worldwide shortage of gowns, masks and other protective equipment. "For the last two days there had been fewer reported infections in China, which is good news, but we caution...

  • NEW YORK, Feb 7- Global equity markets and government debt yields slumped on Friday as growing concerns about the impact of the coronavirus on global growth overshadowed a strong U.S. jobs report that indicated an economy on pace to grow moderately. Stocks on Wall Street slid from record highs and the safe-haven Japanese yen rose as investors weighed how much...

  • Feb 7- Wall Street was set to ease from record highs at the open on Friday as investors assessed the U.S. employment report for January that showed acceleration in jobs growth but included a downward revision to certain previous numbers. Nonfarm payrolls increased by 225,000 jobs last month, the Labor Department's data showed, much higher than 160,000 jobs...

  • Brandon Young, who pulls in more than $10 million in annual revenue from the online marketplace, has a 30-45 day supply of portable Apple Inc watch chargers that could be difficult to replenish because they are built from genuine Apple components that are exclusively made in China. The entrepreneurs are among the 1 million-plus Amazon sellers whose...