Business & Economy

Port Authority keeps weekend ferry service

JERSEY CITY, N.J. (AP) — The Port Authority of New York and New Jersey will continue weekend ferry service that it started to help travelers who normally take PATH trains into and out of Manhattan. PATH service between Jersey City's Exchange Place ...

More non-gambling fun planned for AC this summer

ATLANTIC CITY, N.J. (AP) — Volleyball Olympians, boxing matches between police and firefighters, a sand sculpting competition, free concerts on the beach, and daredevil plane pilots are just some of the non-gambling attractions Atlantic City has ...

NJ Transit says it lost $5.6M on Super Bowl

TRENTON, N.J. (AP) — The head of New Jersey Transit says transporting fans to and from February's Super Bowl cost the agency $5.6 million. Executive Director Ronnie Hakim told a state Senate committee on Thursday that the agency's expenses for ...

Yogi Berra’s New Jersey home up for sale

MONTCLAIR, N.J. (AP) — It's not the house that Yogi Berra built. But it is the place in New Jersey that Berra, his wife and three sons called home for almost 40 years. The six-bedroom, 3½-bathroom colonial in Montclair is for sale for $888,000. ...

NJ credit rating drops on news of budget shortfall

TRENTON, N.J. (AP) — New Jersey's credit rating has been lowered one notch by Wall Street after the state announced an anticipated $807 budget shortfall. Fitch Ratings dropped the state's credit rating one step to A+ on news of the shortage ...

Senate Budget Committee Discusses NJ Fiscal Health

Democratic Sen. Paul Sarlo blames the latest credit rating downgrade on overly optimistic revenue projections by the Christie administration.

Former NJ Transit Director: Transportation Trust Fund Will Run Out of Money by July 2015

Former Deputy Executive Director of NJ Transit Martin Robins says that the Transportation Trust Fund will run out of money by July 2015 and officials may be forced to increase the gas tax to meet the state's transportation needs.

NJ: Anti-fraud measures help restore jobless fund

TRENTON, N.J. (AP) — The simple process of cross-checking unemployment insurance recipients against a national directory of new hires has saved New Jersey hundreds of millions of dollars. The Christie administration says the anti-fraud measure ...

PSE&G reaches deal over storm improvements

NEWARK, N.J. (AP) — New Jersey's largest utility says it has reached a $1.2 billion settlement to protect and strengthen its electric and gas systems from storms. Public Service Electric & Gas had sought to invest $2.6 billion during five years to ...

Boyd Gaming narrows 1Q loss on Vegas strength

LAS VEGAS (AP) — Boyd Gaming reports its first-quarter loss narrowed thanks to improvements in Las Vegas casinos and excitement in the city's redeveloping downtown. The casino operator reported Wednesday that it lost $6.2 million, or 6 cents per ...