NJTV
NJTV News with Mike Schneider
Watch

Business & Economy

140407Wanko

Barnegat Bay Has Big Impact on NJ Economy

4-7-14
The waters of Barnegat Bay generate as much as $6 billion per year for New Jersey in activities such as fishing, crabbing and boating.

$12.5M price tag for former Claridge casino sale

4-7-14
ATLANTIC CITY, N.J. (AP) — Bally's Atlantic City has revealed how much a buyer paid for the former Claridge casino hotel in Atlantic City. In a filing with state casino regulators made public Monday, Bally's says TJM Properties paid $12.5 million ...

Opposition briefs filed in LG tower height case

4-7-14
FORT LEE, N.J. (AP) — Several conservation groups have filed legal briefs in the fight over a planned electronics company building along the Palisades by the Hudson River. The New Jersey Conservation Foundation says about a dozen environmental and ...

Atlantic City casino earnings fell 35 pct in 2013

4-7-14
ATLANTIC CITY, N.J. (AP) — Atlantic City's casinos saw their earnings decline by nearly 35 percent last year, despite a late boost from Internet gambling revenue. The 12 casinos that operated in 2013 (the Atlantic Club shut down in January of 2014) ...

Rutgers AD bashes struggling newspaper

4-7-14
NEW BRUNSWICK, N.J. (AP) — Rutgers University's athletic director has told a class that it would be "great" if New Jersey's largest newspaper went out of business. The university says Julie Hermann's remarks to a media ethics and law class in ...

Mohegan Tribe protects benefits with casino empire

4-6-14
UNCASVILLE, Conn. (AP) — A gambling slump is eating into the profits of Mohegan Sun, but the 2,000 tribal members who draw benefits from the massive casino aren't feeling the pinch. Under a strategy that began before the downturn hit Connecticut's ...

As Rutgers transforms, philosophy gets a boost

4-6-14
NEW BRUNSWICK, N.J. (AP) — Rutgers University is getting $3 million for a new professor of philosophy. The position will become the first humanities faculty job to be funded with a $27 million pledge made three years ago to create named faculty ...

AAA: March gas prices lowest since 2010

4-5-14
TRENTON, N.J. (AP) — Gas prices in New Jersey and across the country continue to creep higher, but they're still at their lowest level since 2010. AAA Mid-Atlantic says in its weekly report that the average price at the pump was $3.51 per gallon ...

Task force to study online gambling, sports bets

4-5-14
BILOXI, Miss. (AP) — Mississippi's chief gambling regulator is leading a group that will gather data on how Internet gambling and sports betting are working other states. Allen Godfrey, executive director of the Mississippi Gaming Commission, is ...
140404Duffy

Federal Government Audits Some Ocean County Towns

4-4-14
Little Egg Harbor and Beach Haven have been audited by the Federal Government for Sandy Aid that they received.