New Jersey Headlines

Chinese stocks dive more than 6% as oil falls

China’s benchmark index plunged more than 6% Tuesday, after a renewed slump in oil prices kept investors on edge about the global economy. The Shanghai composite index dived 6.4% to

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Fed hike in March? Nasdaq stumbles 2.2%, Dow off 223

Stocks dove sharply into negative territory after the Federal Reserve signaled Wednesday that it has not ruled out another interest rate hike at its March meeting despite noting that it

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Harley-Davidson shares surge on profit beat

Harley-Davidson (HOG) shares jumped almost 4% in pre-market trading Thursday after reporting fourth-quarter profit that beat Wall Street estimates. The motorcycle maker reported fourth-quarter net income of $42.2 million, or

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Europe racks up billions in deals with Iran now that sanctions are lifted

Europe is racking up billions in deals with oil-rich Iran as its president, Hassan Rouhani, makes a goodwill tour less than two weeks after the lifting of international sanctions on

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Oil surges on possible OPEC production cuts

Oil prices jumped several percentage points on Thursday amid swirling speculation that the Organization of the Petroleum Exporting Countries (OPEC) is set to slash production. Brent crude oil rose 5.1%

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Early stock rally fades; oil jumps above $33 a barrel

An early stock rally faded Thursday as concerns about future Fed rate hikes, China’s economy and volatile oil prices continue to weigh on investor sentiment. Stocks originally jumped at the

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Ford profit triggers record $9,300 UAW worker bonuses

Ford Motor (F) reported a strong fourth-quarter and full-year profit, enough to trigger record $9,300 profit-sharing checks for about 52,700 hourly workers. The automaker on Thursday reported net income of

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Alibaba beats Street with December earnings

Mobile shopping continues to drive revenue at e-commerce giant Alibaba, beating Wall Street on earnings for the December quarter. Alibaba reported revenue of $5.33 billion with earnings of 99 cents

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EMC affirms Dell deal terms, but market not convinced

EMC CEO Joseph Tucci affirmed on a conference call Wednesday that the company’s pending sale to Dell will go ahead

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Wall Street bids good riddance to dreary January

Notwithstanding the Dow’s nearly 400-point rally Friday, Wall Street is more than happy to bid good riddance to a dismal

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Dow soars nearly 400, but all 3 major U.S. indexes end January lower

The Dow rose nearly 400 points Friday to cap a turbulent month on an upbeat note after a surprise interest

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Mercedes-Benz auctions for record $9.9 million

A rare German luxury car set a new record for the highest Arizona car-auction price, fetching $9.9 million Friday evening.

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Xerox makes official its split into two companies

Xerox will separate into two companies, a $11 billion document technology company and a $7 billion business services company, the

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Analysts: Global deal to cut oil production unlikely

Conflicting reports last week that renewed anticipation of global oil production cuts. then quickly squelched it, left in doubt the

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American Airlines: Record profit for 2015

American Airlines Group ended 2015 with a $3.3 billion profit in the fourth quarter, capping off a record-breaking year and

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Russian-OPEC production cut a long shot

The rumors of a coordinated production cut between OPEC and Russia continue to grow more serious. The latest comes from

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Alibaba beats Street with December earnings

Mobile shopping continues to drive revenue at e-commerce giant Alibaba, beating Wall Street on earnings for the December quarter. Alibaba

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Chipotle Q4 income falls 44% on health scares

Chipotle Mexican Grill, the embattled burrito restaurant chain, said Tuesday its fourth-quarter net income plummeted 44%, marking its worst quarter

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Yahoo to lay off 15% of workforce amid $400M cost-cutting

Struggling search engine company Yahoo Inc. said it plans to cut about 15% of its workforce as part of a

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Yahoo latest strategic plan likely just buys time

Perhaps, after Yahoo announced on Tuesday more than 1,600 job cuts  — 15% of its workforce — and the closure

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