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Business & Economy

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.

Port Authority to Replace Toll Equipment, Making Way for Cashless Tolls

The Port Authority board agreed to replace 19-year-old toll collecting equipment. The new system will be capable of collecting cashless tolls for drivers who don’t have E-ZPass.

Dueling Press Conferences Highlight Divisions on TTF Deal

Opponents of the Assembly Transportation Trust Fund proposal spoke out on the same day Gov. Christie praised the plan.

AC Council President Proposes Eliminating Two At-Large Seats

Atlantic City Council President Marty Small wants to eliminate two at-large council positions to save the city $120,000 per year.

Delayed Bayonne Bridge Project Impacts Residents, Port Business

Residents living near the Bayonne Bridge say the project to raise it has gone on longer than anticipated and is impacting their homes. The delays could also cost the Port of Newark big boat business.

Second Chance Pell Offers Prisoners Grants for College Education

A pilot program allows people incarcerated in state and federal prisons to receive Pell Grants: federal funding toward a college education.