Business & Economy

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 ...

AP: Buyer of PokerStars, NJ to talk license

ATLANTIC CITY, N.J. (AP) — New Jersey's top casino regulator tells The Associated Press his agency will begin talks Thursday with the company that's buying the PokerStars online gambling web site. The talks are aimed at getting the world's largest ...

Democrats Offer Alternatives to Cutting Pension Payment

Senate Democratic leaders say they want to fully fund the state's pension system and proposed increasing income taxes for wealthier New Jerseyans.

NJ Pays Highest Health Insurance Premiums Through Obamacare

According to a report from the Department of Health and Human Services, New Jerseyans pay 55 percent more than the average monthly premium for health insurance through the federally-facilitated marketplace set up by the Affordable Care Act.

Sandy Victims Oppose Summer Construction Ban

Ocean Beach III, a private club, has banned major construction for the summer season, but those who are still trying to rebuild their homes after Hurricane Sandy say it's unfair.