NJTV
NJTV News
Watch

Business & Economy

J&J beats Street 3Q forecasts

10-14-14
NEW BRUNSWICK, N.J. (AP) — Johnson & Johnson (JNJ) on Tuesday reported third-quarter earnings of $4.75 billion. J&J also raised its 2014 earnings forecast. On a per-share basis, the New Brunswick, New Jersey-based company said it had net income of ...

Judge will rule Friday on Taj Mahal casino future

10-14-14
WILMINGTON, Del. (AP) — A federal bankruptcy judge will decide Friday whether to terminate the union contract of Atlantic City's Taj Mahal Casino Resort, something the struggling casino says is necessary to avoid shutting down next month. U.S. ...
141013Hughes

Rutgers Economist: NJ Needs to Reinvent the Suburbs

10-13-14
Dean of Rutgers Bloustein School of Public Policy James Hughes says New Jersey needs to reinvent the suburbs to provide the equivalent of urban areas in the suburbs because that's what people want.

3 hurt in blast, fire at New Jersey business

10-13-14
MOONACHIE, N.J. (AP) — Three people suffered concussions when an explosion and fire damaged a commercial building in northern New Jersey. The four-alarm blaze broke out around 4:30 p.m. Monday at the Crest Foam Industries building on Carol Place ...

Commuter train engineers reach deal with SEPTA

10-13-14
PHILADELPHIA (AP) — Engineers who operate commuter trains in the Philadelphia area have reached a tentative contract with the regional transit agency. The Brotherhood of Locomotive Engineers and Trainmen and the Southeastern Pennsylvania ...

Pier Shops latest Atlantic City discount sale

10-13-14
ATLANTIC CITY, N.J. (AP) — The Pier Shops at Caesars is the latest Atlantic City attraction to sell for pennies on the dollar. Philadelphia developer Bart Blatstein says he's buying the multi-level retail and entertainment pier that juts out over ...

Developer says he’s buying Pier Shops at Caesars

10-12-14
ATLANTIC CITY, N.J. (AP) — Philadelphia developer Bart Blatstein says he plans to buy the Pier Shops at Caesars in Atlantic City. Blatstein tells the Press of Atlantic City (http://bit.ly/1v0TGZd) on Sunday that he has an agreement to buy the ...

New Jersey gas prices still falling

10-11-14
TRENTON, N.J. (AP) — Motorists continue to see sharply lower prices at the pumps in New Jersey. AAA Mid-Atlantic says the average price of a gallon of regular gasoline in the state on Friday was $3.07, down 8 cents from last week. That's also lower ...

Music producer convicted of investment fraud in NY

10-10-14
NEW YORK (AP) — A music producer who once worked with stars including Tom Cruise and Whitney Houston has been convicted of ripping off investors in gold and diamonds. Charles Huggins was convicted Friday of wire fraud and conspiracy to commit wire ...
141010Flan

Sweeney Rejects Billionaire’s Offer for Taj Mahal

10-10-14
Senate President Steve Sweeney said Carl Icahn shouldn't make demands of union casino workers to save Taj Mahal from bankruptcy.