Business & Economy

Christie: New Jersey won’t regulate sports betting

CAMDEN, N.J. (AP) — New Jersey Gov. Chris Christie says the state government will have no role in regulating or taxing sports betting if casinos or racetracks begin offering it. During a news conference in Camden on Tuesday, he also said he would ...

Trump casinos file Chapter 11; seek concessions

ATLANTIC CITY, N.J. (AP) — Trump Entertainment Resorts has become the latest Atlantic City casino owner to file for bankruptcy protection. The company filed in U.S. Bankruptcy Court in Wilmington, Delaware, on Tuesday, saying it has liabilities of ...

Goodell says NFL didn’t see video before this week

ATLANTIC CITY, N.J. (AP) — As questions arose about how the NFL investigated domestic violence allegations against Ray Rice, Commissioner Roger Goodell said Tuesday the league asked for, but was not given, video showing the ex-Ravens running back ...

NY jury being chosen for plane-into-house lawsuit

BUFFALO, N.Y. (AP) — Jury selection has begun for the only unsettled lawsuit against the airlines involved in a 2009 plane crash into a house near Buffalo. The Buffalo News reports that no jurors were chosen Tuesday in the first day of selection in ...

Financial consultant admits evading taxes

NEWARK, N.J. (AP) — Federal prosecutors say a northern New Jersey financial consultant has admitted that he evaded taxes on about $273,000 in commission payments he got from an insurance broker. John Twomey Booth, of Hoboken, now faces up to five ...

Officials Hold Summit on Atlantic City Economic Crisis

Top lawmakers, local officials and union leaders met at an Atlantic City summit to discuss the economic crisis in the city. They plan to meet again in 45 days.

Officials Worry About Economy if Military Bases Close

Officials say military bases are a major part of the economy in New Jersey and they're worried about the impact if they close.

Asbury Park Business Owners Like Parking Meters

Business owners in Asbury Park say parking meters create turnover for parking spaces, which leads to more sales.

Christie begins Atlantic City future meeting

ATLANTIC CITY, N.J. (AP) — Gov. Chris Christie says Atlantic City is undergoing a natural transformation it needs to make in order to change from a gambling-only resort. Christie convened a summit meeting on the resort's future that was closed to ...

Christie: Casinos, tracks can offer sports betting

ATLANTIC CITY, N.J. (AP) — New Jersey Gov. Chris Christie has issued a directive allowing his state's casinos and racetracks to immediately offer sports betting without fear of criminal or civil liability. But his action is likely to be challenged ...