Business & Economy


Dems, Unions Say Money Managers Sucking the Juice Out of State Pension Investments

The Senate Legislative Oversight Committee heard from union representatives and state employees about New Jersey's pension fund performance during a hearing Thursday.

Assembly Committee Holds Hearing on ExxonMobil Settlement in Bayonne

Members of the Assembly Judiciary Committee heard testimony regarding the state's proposed $225 million settlement with ExxonMobil over pollution. Some residents and politicians say the deal goes too easy on the company that polluted Bayonne, Linden and Elizabeth.

Hard Rock Outlines Plans for Meadowlands Casino Complex

Hard Rock International unveiled plans for a casino complex built around the Meadowlands Racetrack. Some New Jersey lawmakers hope to put a question on the ballot in November to permit gaming outside of Atlantic City to make the plans reality.

Business Leaders, Unions Say South Jersey Pipeline Would Be a Boon to Local Economy

Supporters of a natural gas pipeline through the Pinelands from South Jersey Gas say it will help the region get rid of a coal-burning plant in favor of a high efficiency gas-burning plant. Opponents say the project will increase global warming pollution.

Democratic Lawmakers Push for North Jersey Casinos

North Jersey lawmakers want a question on the ballot that would let voters permit casinos outside of Atlantic City. They want up to three allowed, possibly in Hudson, Essex and Bergen counties, to recapture the gaming marketshare.

Sen. Lesniak Supports Bloustein Study on Tax Incentives, Casino Ballot Question

Sen. Ray Lesniak says he supports the Bloustein School investigating the EDA tax incentive program since it's an independent organization. He also wants to put a question on the November ballot asking voters if casinos should be allowed outside of Atlantic City.
The American Dream Meadowlands project is now being developed by Triple Five affiliates. - (AARON HOUSTON)

EDA grants extension for updated American Dream project incentives application

The Economic Development Authority has given Triple Five until June 17 to submit a fully updated application for the modified American Dream project.

Racino Proposed for North Jersey

Jeff Gural has proposed creating the Hard Rock Casino Meadowlands, which would combine a casino with the racetrack. In order for that to become a reality, New Jersey voters would have to approve of casinos outside of Atlantic City.

HomeFront Begins Construction for New Family Campus

Social service agency HomeFront, which serves the working poor and homeless in New Jersey, is working to obtain additional funds necessary to finish creating a space for families.

Health Care Workers Push for Greater Workplace Safety

Statistics show those working in the health care and social service industries are more likely to experience workplace violence than others in the private sector. Now they're pushing for legislation that they believe will improve their safety at work.