NJTV
NJTV News
Watch

Business & Economy

Tyson moving forward with Hillshire deal

7-2-14
SPRINGDALE, Ark. (AP) — Tyson Foods Inc. has signed a definitive deal to purchase Hillshire Brands Co. for $7.75 billion, two days after the maker of Jimmy Dean sausages and Ball Park hot dogs was let out of its agreement to buy Pinnacle Foods. ...

Drugs close 2 Atlantic City Boardwalk stores

7-2-14
ATLANTIC CITY, N.J. (AP) — Officials have closed two stores on the Atlantic City Boardwalk after police say they were selling synthetic drugs that were banned two years ago. Police also arrested the owners of the businesses and two clerks on drug ...
140701AC

Triathlon Brings More Than Gamblers to AC

7-1-14
The inaugural Challenge Atlantic City Triathlon attracted visitors to the city that might not be interested in gambling and might not have otherwise come.

4 men charged in unemployment claims fraud scheme

7-1-14
TRENTON, N.J. (AP) — State prosecutors say four northern New Jersey men conspired to steal more than $180,000 by filing false unemployment claims. The scheme allegedly was developed by 53-year-old Paramus resident Stephen Pirrone, who authorities ...

Christie: Benefits will ‘eat us alive’

7-1-14
JERSEY CITY, N.J. (AP) — Gov. Chris Christie is doubling his call for state pension and benefits reforms one day after signing a $32.5 billion budget that vetoed tax hikes and cut planned pension fund contributions. Appearing on CNBC's "Squawk ...

New Jersey Sandy fund announces $7M in grants

7-1-14
MORRISTOWN, N.J. (AP) — The Hurricane Sandy New Jersey Relief Fund is giving 27 grants totaling $7.3 million. One of the largest recipients is the Ocean County Long Term Recovery Group. The organization is getting $1.5 million to assist 700 ...

Christie touts budget vetoes at Caldwell town hall

7-1-14
TRENTON, N.J. (AP) — New Jersey Gov. Chris Christie defended his new $32.5 billion state budget on national TV and at a local town hall meeting Tuesday. Christie touted his vetoes of Democratic tax hikes and railed against public employee benefits ...

Pinnacle Foods lets Hillshire out of sale pact

6-30-14
NEW YORK (AP) — Pinnacle Foods says it is scrapping its sale to Hillshire Brands, freeing Hillshire to be acquired by Tyson Foods. Pinnacle, which makes Birds Eye frozen vegetables, Duncan Hines cake mixes and Hungry-Man frozen dinners, says it ...

New Jersey hotel settles Sandy price gouging claim

6-30-14
TRENTON, N.J. (AP) — State authorities say a northern New Jersey hotel will pay $110,000 to resolve claims that the business gouged dozens of customers following Superstorm Sandy. Acting Attorney General John Hoffman announced the settlement with ...

Princeton HealthCare System settles suit

6-30-14
PRINCETON, N.J. (AP) — The U.S. Equal Employment Opportunity Commission says the New Jersey operator of a hospital and several medical facilities will pay more than $1 million to settle a disability discrimination lawsuit. The EEOC announced Monday ...