• Traffic Alert: Vehicle fire shuts down all lanes at Lincoln Tunnel during morning rush

    WEEHAWKEN, NJ – If you’re wondering why there was so much traffic trying to get into New York City Tuesday morning, it’s because all eastbound lanes at the Lincoln Tunnel entrance in New Jersey were shut down for about an hour due to a vehicle fire. A vehicle fire near the Lincoln Tunnel early Tuesday morning forced the closure of all eastbound lanes on the I-495 approach between Kennedy Boulevard and Park Avenue. During the morning commute, traffic was backed up, causing major delays. “The...

  • Biden convening congressional leaders to discuss legislative priorities -White House

    WASHINGTON (Reuters) – U.S. President Joe Biden is convening congressional leaders on Tuesday to discuss legislative priorities through the end of the year, the White House said. (Reporting by Doina Chiacu)

  • Virtu sues U.S. SEC securities regulator over records request

    (Reuters) – Virtu Financial Inc on Tuesday said it has sued the U.S. Securities and Exchange Commission, alleging the regulator failed to respond to the market maker’s public records request. Virtu said it submitted a request through the Freedom of Information Act (FOIA) in June to determine if the SEC had met legal requirements to evaluate potential investor harm and market risks while weighing new rules for retail stock order handling and execution. The SEC did not immediately respond to a...

  • Behind Foxconn’s China woes: mistrust, miscommunication, COVID curbs

    By Yew Lun Tian, Yimou Lee and Brenda Goh SHANGHAI/TAIPEI (Reuters) – When officials from his Chinese village approached Hou last month, urging him to work at the world’s largest iPhone factory for at least twice the usual pay, he knew it was risky. Tens of thousands of workers had fled the plant in central China in previous weeks and violent protests had erupted over a COVID-19 lockdown and confusion over hiring bonuses. But Hou, 24, who asked to be identified only by his family name, told...

  • New Italian speciality store has Berkeley Township residents excited

    BERKELEY TOWNSHIP, NJ – If you’re Italian and living at the Jersey Shore, you know that finding a good, authentic Italian specialty store is hard to come by. We have a few, but Berkeley Township residents no longer have to drive too far to get their Sunday dinners on. In fact, they can now do it any day of the week at Cucina Fresca, a new Italian specialty store located conveniently next door to the Bayville dinosaur on Route 9. Owned by Rich and Maria Panassidi, Cucina Fresca delivers authentic...

  • UK royals in U.S. spotlight as William and Kate visit

    By Michael Holden and Sarah Mills LONDON (Reuters) – Prince William and his wife Kate fly out to the United States on Wednesday for their first visit for eight years, as an intense media spotlight on the British royal family and the sons of King Charles shifts across the Atlantic. The U.S. trip will be the new Prince and Princess of Wales’ first overseas excursion since the death of Queen Elizabeth, which meant William – Charles’s eldest son – became the heir to the throne. The visit has gained...

  • Houston lifts water warning, schools remain shut for second day

    HOUSTON (Reuters) – Houston lifted a boil-water notice for residents Tuesday after finding no danger in the wake of a weekend power outage that shut a treatment plant serving the fourth largest U.S. city. However, schools attended by more than 190,000 students remained closed for a second day. Houston Independent School District called off classes and workers were told to work from home Monday after a water treatment plant temporarily lost power and a backup unit failed to take over. “Houston...

  • U.S. house annual prices slow again in September

    WASHINGTON (Reuters) – U.S. single-family home prices slowed further in September as higher mortgage rates eroded demand, closely watched surveys showed on Tuesday. The S&P CoreLogic Case Shiller national home price index dropped 0.8% month-over-month in September. Monthly house prices fell in July for the first time since late 2018. House prices rose 10.6% year-on-year in September, slowing from August’s increase of 12.9%. The housing market has been hammered by aggressive Federal Reserve...

  • Nasdaq set for small gains as Tesla leads growth shares higher

    By Ankika Biswas and Shreyashi Sanyal (Reuters) -U.S. stock index futures were largely flat on Tuesday, with the Nasdaq set to open slightly higher as Tesla led gains among beaten-down growth shares. Investors also kept a close watch on China in hopes that public unrest in the country could lead to a quicker easing of COVID-19 curbs by its government. “The global economic recovery, especially in that of the high inflation zones of the U.S., Europe and the UK, hinges on Chinese supply chains...

  • Biden nominates U.S. attorneys in California, Kansas

    By Jarrett Renshaw (Reuters) – President Joe Biden on Tuesday announced the latest nominees to serve as U.S. attorneys, including in the San Francisco area. Biden nominated Ismail “Izzy” Ramsey, a Harvard-trained former prosecutor turned criminal defense lawyer, to serve as the top federal prosecutor in the Northern District of California, an office that tackles high-profile crime in Silicon Valley and the Bay Area. He also nominated Kate E. Brubacher, a Yale-trained former county prosecutor in...

  • Bombardier secures order for Global 8000 aircraft from NetJets

    (Reuters) -Canada’s Bombardier Inc said on Tuesday that NetJets, operator of the world’s largest fleet of private jets, will buy four Global 8000 business jets from the planemaker in a deal valued at $312 million. The Berkshire Hathaway-owned private aircraft firm will be the fleet launch customer for the Global 8000s, and operate 24 of the new line by upgrading its entire in-service Global 7500 fleet. Montreal-based Bombardier launched the Global 8000, its new long-range business jet, in May...

  • 'Too early for all-clear': German inflation eases slightly in November

    By Miranda Murray BERLIN (Reuters) -German inflation cooled off slightly in November, though it remained near a record high, suggesting cost pressures have eased in Europe’s largest economy but are unlikely to weaken the European Central Bank’s resolve to tame prices. German consumer prices, harmonised to compare with other European Union countries, rose by 11.3% on the year in November, preliminary data from the Federal Statistics Office showed on Tuesday, in line with forecasts by analysts...