Business & Economy

AAA Mid-Atlantic: Iraq civil war upping gas prices

TRENTON, N.J. (AP) — Widespread violence in Iraq is causing pain at the gas pump for consumers in New Jersey. AAA Mid-Atlantic says in its weekly report that average gas prices rose in the state by five cents over the last week, to $3.54 per ...

Resorts inks deal with 2 firms for online betting

ATLANTIC CITY, N.J. (AP) — An Atlantic City casino that was thwarted in its efforts to join the Internet gambling market is preparing to make a big splash online. Resorts Casino Hotel announced partnerships late Friday with European firms Sportech ...

Week capsulizes changes buffeting Atlantic City

ATLANTIC CITY, N.J. (AP) — This past week, three big things happened in Atlantic City that show the big changes buffeting the nation's third-largest casino market. Revel Casino Hotel filed for bankruptcy and warned it will close if a buyer can't be ...

Kentucky receiving $900K for workforce database

FRANKFORT, Ky. (AP) — Kentucky's Education and Workforce Development Cabinet is receiving more than $900,000 to help with a database to link workforce and education information. The U.S. Labor Department grant is part of nearly $6 million being ...

Lawyer: Revel ‘a melting ice cube’ that needs help

CAMDEN, N.J. (AP) — A bankruptcy lawyer says Atlantic City's Revel Casino Hotel is "a melting ice cube" that needs immediate help to stay open until a buyer can be found. The $2.4 billion casino is back in bankruptcy court for the second time in ...

Revel files 2nd bankruptcy in 2 years

ATLANTIC CITY, N.J. (AP) — Atlantic City's Revel Casino Hotel has filed for bankruptcy for the second time in as many years.The $2.4 billion casino filed a Chapter 11 petition Thursday first obtained by The Associated Press. The filing says the ...

Asm. Schaer: Budget Needs to Meet the People’s Needs

Assemblyman Gary Schaer says that when forming the state budget, the first priority has to be meeting the needs of the people.

Assembly budget plan funds pensions, raises taxes

TRENTON, N.J. (AP) — The New Jersey Assembly is crafting its own state budget proposal that fully funds the public worker pension obligation and restores funding to women's health centers and other core Democratic constituencies. Assembly Speaker ...

NJ arrests more than 12 in alleged kickback scheme

NEWARK, N.J. (AP) — More than a dozen people have been arrested in what New Jersey authorities say was a scheme to pay illegal kickbacks to doctors in exchange for patient referrals. New Jersey's attorney general says the owner of numerous MRI ...

Unemployment dips to 6.8 percent in New Jersey

TRENTON, N.J. (AP) — New Jersey officials say the state unemployment rate inched down to 6.8 percent in May, its lowest level in more than five years. The report released Thursday by the state Labor Department and based on data collected by the ...