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Business & Economy

US to close south NJ warehouse, costing 200 jobs

12-7-13
BURLINGTON TOWNSHIP, N.J. (AP) — Federal cost-cutting is resulting in the closing of a huge government warehouse in southern New Jersey and the loss of about 200 jobs. The U.S. General Services Administration announced it will phase out operations ...

Gas price holds steady in NJ, drop predicted

12-7-13
TRENTON, N.J. (AP) — The average price of a gallon of regular gasoline in New Jersey remains unchanged from a week ago at $3.27. AAA Mid-Atlantic says that's still lower than the price from a year ago, when motorists were paying $3.45 a gallon. The ...

Bankrupt NJ casino has $17.7M assets, $16.8M debts

12-7-13
ATLANTIC CITY, N.J. (AP) — The Atlantic Club Casino Hotel, which hopes to sell itself at a bankruptcy court auction this month, has laid out its assets and liabilities for the court. The casino formerly known as the Atlantic City Hilton listed ...
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Study Finds Rutgers, NJIT Spending Increased More for Athletics Than Academics

12-6-13
Both Rutgers and NJIT increased spending on its sports programs more than it did for its academics, according to the Knight Commission.

Port Authority official resigns amid traffic probe

12-6-13
WEST PATTERSON, N.J. (AP) — A Port Authority of New York and New Jersey official is resigning his post effective Jan. 1, saying a controversy over a mysterious traffic problem on the George Washington Bridge has become "a distraction." David ...
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Baraka Joins Union Members at Workers’ Rights Rally

12-5-13
Newark mayoral candidate Ras Baraka attended a union rally at Newark Airport where workers spoke up about raising their wages.
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Special Olympics to be Held in NJ for First Time

12-5-13
New Jersey will host the week-long 2014 Special Olympics in June and officials believe it will bring visitors and an economic boon to the area.

Owners weigh changes to Ledger, sister operations

12-5-13
NEWARK, N.J. (AP) — The publisher of the Star-Ledger says New Jersey's largest newspaper, its online business and its sister publications need to find ways to work together more effectively. Publisher Richard Vezza says in an interview with the ...

Bill would let NJ oversee foreign net bet firms

12-5-13
ATLANTIC CITY, N.J. (AP) — A New Jersey lawmaker introduced a bill Thursday that would let his state's casino regulators oversee foreign Internet gambling companies if they move their operations to Atlantic City. State Sen. Raymond Lesniak says ...

Groups sue feds over foreclosure fighting tactic

12-5-13
NEWARK, N.J. (AP) — The American Civil Liberties Union has sued a federal agency, asking it to disclose efforts to stop municipalities from using eminent domain to bail out underwater homeowners. The ACLU and the Center for Popular Democracy filed ...