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Business & Economy

NJ Budget Officer: Tax Revenues $1.1B Lower Than Projections

During the Assembly Budget Committee hearing, New Jersey Budget Officer Frank Haines said tax revenues were coming in $1.1 billion lower than originally projected for the remainder of this fiscal year and next.

Amazon Fresh Delivers Questions From Competitors

The roll out of Amazon Fresh, along with the addition of more Amazon fulfillment centers, has other food service companies focusing on keeping their current customers.

PSE&G Wants More Solar Farms in New Jersey

PSE&G owns a solar farm at the Meadowlands and wants 10 more like it. The company filed for another 100 megawatts of solar grid-connected projects on landfills and brownfields. It needs approval from the New Jersey Board of Public Utilities.

AC Rescue Deal Still in the Works

Assembly Speaker Vincent Prieto and Senate President Steve Sweeney confirmed that an Atlantic City rescue bill deal is still being discussed.

Framework of an Atlantic City Deal Appears to be in Place

While no formal Atlantic City rescue bill has been presented, Assembly Speaker Prieto and Senate President Sweeney, along with other Democrats, have come to an agreement on the terms of a new deal.

Does a Decline in Landline Use Affect Striking Verizon Workers?

The percentage of households with landlines and no cellphones is shrinking while wireless only households are on the rise.

Network Center Prepares for Spike During Political Conventions

The Global Network Operations Center, or GNOC, is outfitting Cleveland and Philadelphia for a spike in internet usage during political conventions by deploying antenna systems across the city.

Route 35 Project $76M Over Budget, 1 Year Over Deadline

The total price tag to repair a 12.5-mile stretch of Route 35 from Bay Head to Seaside Heights devastated by Superstorm Sandy will be $341 million, an estimated $27 million per mile.

An Atlantic City Deal Appears Close, Or Not, Depending on Who You Talk To

Lawmakers haven't come to an agreement on what to do with Atlantic City, but some say a deal is close.

Christie Announces Business Tax Break, Talks AC and Trump Transition Team

At an event where he announced another business tax break, Gov. Christie also talked about the ongoing financial crisis in Atlantic City and Donald Trump's decision to name him head of his transition team.