Business & Economy

New Jersey reviewing hiring of investment firm

TRENTON, N.J. (AP) — New Jersey officials are reviewing whether it was proper to hire a venture capital firm where an executive is a candidate for governor of Massachusetts who once donated money to the New Jersey Republican State Committee. It is ...

Tyson makes rival $6.2B bid for Hillshire Brands

NEW YORK (AP) — Hillshire Brands has another suitor. Tyson Foods Co. is offering to buy Hillshire for $50 per share. That's $5 per share higher than Pilgrim's Pride offer earlier this week. Hillshire Brands, which makes Ball Park hot dogs and Jimmy ...

Comptroller faults pay in some NJ fire districts

TRENTON, N.J. (AP) — New Jersey's comptroller found some of the state's fire districts pay their employees more than the average in New York City and Philadelphia. The watchdog released a report Wednesday that examined fire districts in ...

5 New Milford students charged in bogus bills case

NEW MILFORD, N.J. (AP) — Five New Milford high school students are facing charges stemming from a counterfeiting scheme. Counterfeit $20 bills with the same serial numbers began surfacing at local businesses over a four-week period. Police ...

Incidents force security changes at Trade Center

NEW YORK (AP) — Recent incidents of illegal access to the World Trade Center tower have led to a security shake-up. The Port Authority of New York and New Jersey announced Wednesday that a company that provides unarmed security at the region's ...

Medical Equipment Suppliers Feel Squeeze in New Medicare Bidding Process

A new process of bidding to supply medical equipment to Medicare patients has cut down on business' profits.

Chlorine odor spurs ‘unusual event’ at nuke plant

LACEY TOWNSHIP, N.J. (AP) — Operators at the nation's oldest nuclear plant have terminated an "unusual event" status that was briefly declared after staffers detected an odor of chlorine at the plant's intake structure. The declaration at the ...

Harsh winter took toll on Port Authority budget

NEW YORK (AP) — Last winter took a toll on the Port Authority of New York and New Jersey's finances. Overtime numbers were released for the first quarter on Wednesday, and the weather was blamed for pushing civilian overtime 200,000 hours over ...

False radiation reading at Jersey City plant

JERSEY CITY, N.J. (AP) — Officials believe a sensor erroneously detected radiation in an empty shipping container at a recycling plant in Jersey City. The reading triggered a large emergency response on Tuesday. A spokesman for Sims Metal ...

Port Authority delays vote on 3 WTC rebuilding

NEW YORK (AP) — The Port Authority is delaying a vote on 3 World Trade Center to allow time to reach a deal that involves more private funding. A World Trade Center subcommittee met Wednesday before deciding on the postponement. The agency ...