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Business & Economy

Christie Considers Withdrawing from Income Tax Agreement with Pennsylvania

Gov. Christie issued an executive order for the state treasurer to investigate how New Jersey could withdraw from a 38-year agreement with Pennsylvania that allows residents there to pay Pennsylvania income tax instead of the higher New Jersey income tax. He sees it as a way to increase revenue for New Jersey.

New Statewide Hispanic Chamber of Commerce Executive Director Talks Changes to the Organization

Jazlyn Carvajal is the first executive director of the Statewide Hispanic Chamber of Commerce of New Jersey in its 27-year history.

Christie Orders Stop Work on TTF-Funded Projects

Gov. Christie issued an executive order directing the DOT and NJ Transit to prepare for an immediate shutdown of work funded by the TTF.

Discussing the Impact of Christie’s Action on TTF, State Budget

Gov. Christie has ordered the stoppage of all projects funded by the Transportation Trust Fund and line item vetoed several parts of the state budget.

Taj Mahal Workers Go On Strike

Almost 1,000 Taj Mahal union workers walked off the job at 6 a.m. Friday after contract talks broke off with no deal in sight.

NJ Gets Final Installment of Sandy Recovery Money for Transit

Lawmakers celebrated the fourth and final installment of Sandy recovery funding for transit: over $400 million.

Christie Orders Transportation Trust Fund Project Shutdown

Gov. Chris Christie issued an executive order requiring an orderly shutdown of Transportation Trust Fund projects by Saturday at 11:59 p.m.

Senate Passes on Voting for a Transportation Trust Fund Fix

Members of the Senate didn't vote on a bill the Assembly passed that would have raised the gas tax to replenish the Transportation Trust Fund while lowering the sales tax in the state.

Senate President: TTF Deal Costs Too Much

Senate President Steve Sweeney said the Christie-Prieto deal the Assembly approved to raise the gas tax and lower the sales tax doesn't make financial sense for the state.

Four AC Casinos Reach Deal, Trump Taj Mahal Faces Strike

Tentative agreements with UNITE HERE Local 54 have been reached to avoid a strike at Harrah’s, Caesars, Bally’s and Tropicana. Trump Taj Mahal is still in talks to avoid a July 1 strike.