NJTV News with Mike Schneider

Business & Economy

Legal online betting begins to take hold in NJ

ROSELLE PARK, N.J. (AP) — Internet gambling is taking hold in New Jersey on its first full day. New Jersey is the third state after Nevada and Delaware to offer online betting, but it is by far the largest legal market in the U.S. thus far. A ...

Storm threatens travel, wind endangers NY parade

NEW YORK (AP) — Thanksgiving travelers are scrambling to book earlier flights to avoid a sprawling storm bearing down on the East Coast. And high winds are threatening to ground giant balloon versions of Snoopy and SpongeBob SquarePants in the ...

Sales outlook brightens in NJ for 4th year

TRENTON, N.J. (AP) — New Jersey's sales outlook has improved for the fourth consecutive year. The New Jersey Business and Industry Association's 2014 outlook survey released Tuesday finds businesses more confident about their future than at any ...

Irvington Officials Consider Using Eminent Domain to Help Residents Facing Foreclosures

Irvington Mayor Wayne Smith wants to seize foreclosed homes through eminent domain, not for public use but for their families.

NJ OKs statewide Internet gambling for 6 casinos

ATLANTIC CITY, N.J. (AP) — New Jersey gambling regulators have given six casinos permission to begin immediate statewide Internet gambling but say the Golden Nugget still has work to do before it can join them. State Gaming Enforcement director ...

Fla. man charged in NJ with alleged Ponzi scheme

TRENTON, N.J. (AP) — Federal authorities say a Florida man has been arrested on charges he allegedly operated an $18 million Ponzi scheme involving victims from New Jersey. New Jersey's U.S. attorney says Louis J. Spina was arrested Monday and ...

Asbury Realtor dies in fall from fire escape

ASBURY PARK, N.J. (AP) — Police say a real estate agent in Asbury Park fell to his death from a ninth-floor fire escape in the building where he lived. Police are investigating what led to Jay Bernstein's death. Police Capt. Marshawn Love tells the ...

Gamblers optimistic for NJ Internet betting

ATLANTIC CITY, N.J. (AP) — Many gamblers are optimistic about the future of Internet betting in New Jersey, which is expected to go statewide Tuesday. Despite some initial glitches as a test period started last week, many gamblers say they managed ...

NJ nuke plant back online after maintenance work

LACEY TOWNSHIP, N.J. (AP) — The nation's oldest operating nuclear plant has been returned to service after crews completed some planned maintenance work there this week. Officials at the Oyster Creek plant in Lacey Township say its reactor resumed ...

Eminent domain to fight foreclosures is divisive

IRVINGTON, N.J. (AP) — The idea of using eminent domain to fight foreclosures is gaining traction nationwide. Irvington, N.J., last week became the second city to say it's going to use the tactic. Richmond, Calif., was the first. Cities including ...