Business & Economy

Even tougher New Jersey budget issues loom in 2015

TRENTON, N.J. (AP) — Officials in Gov. Chris Christie's administration are suggesting that the state budget to be debated next year will be even more difficult than the one currently being considered. Cabinet members have told lawmakers in hearings ...

Toll Collectors Say Privatizing Their Jobs Will Hurt Their Bottom Line

Toll collectors say they work in constant fear that their jobs will be on the chopping block if the Christie administration goes forward with its plan to privatize toll collection.

Seaside Park Boardwalk Reconstruction at Standstill

Because the Seaside Park boardwalk is privately owned, its reconstruction has been delayed as property owners negotiate.

Verizon VP: NJ is Most Wired State in the Country

Verizon Vice President of State Government Affairs of NJ/NY/CT Leecia Eve says that 99 percent of New Jersey has broadband service and that the state is the most wired in the country.

Man gets prison term for scamming air charter firm

NEWARK, N.J. (AP) — Federal prosecutors in New Jersey say a Florida man is headed to prison for posing as a high-level executive with a financial firm to improperly obtain charter jet flights and limo rides. Dante Dixon, a 46-year-old Miami ...

Women get prison terms for bank fraud conspiracy

NEWARK, N.J. (AP) — Two northern New Jersey women involved in a scheme to write more than $500,000 in counterfeit checks are now headed to prison. Federal prosecutors say 29-year-old Latisha White received a 26-month sentence on Tuesday, while ...

Firm: Credit cards OK’d 44 pct for NJ online bets

ATLANTIC CITY, N.J. (AP) — It has been difficult to use a credit card to fund an online betting account since New Jersey began Internet gambling in November. New statistics from a company that routes these payments show just how hard it has been. ...

Dem: Budget adjustments could total $800M

TRENTON, N.J. (AP) — The head of the Senate Budget Committee says New Jersey is facing significant late-year budget cuts because Gov. Chris Christie's administration overestimated how much tax revenue the state would receive. Sen. Paul Sarlo says ...

Turnpike board hears from foes of privatization

WOODBRIDGE, N.J. (AP) — Some New jersey lawmakers have spoken out against a plan to privatize toll collections on the Garden State Parkway and New Jersey Turnpike. The New Jersey Turnpike Authority, which operates both roadways, held its monthly ...

NJ tax collections fall far shy of projections

TRENTON, N.J. (AP) — New Jersey's Treasury Department anticipates that tax collections will be off by $807 million for the fiscal year ending June 30, forcing late cuts to keep the budget in balance. The sobering recalculation came Monday, after ...