Business & Economy

New Jersey will OK real-money skill gambling

ATLANTIC CITY, N.J. (AP) — Those free games people download and play on their phones could be the next big thing in gambling. New Jersey casino regulators say they are ready to approve gambling on social games that involve an element of skill. ...

Conference Highlights Women Entrepreneurs

The Women Entrepreneurship Conference shows that many females have started their own businesses.

Former NJSEA Chair: North Jersey Casino Tax Revenue Would Help Atlantic City

Former chair of the New Jersey Sports and Exposition Authority Carl Goldberg says tax revenues gained from a casino in North Jersey could be used to redevelop Atlantic City, so it does not depend on gaming to survive.

Sept. 2014 Atlantic City casino revenue

Sept. 2014 revenue for Atlantic City's casinos, compared with Sept. 2013 Borgata: $58.4 million, up 13 percent Harrah's: $31.2 million, up 5.9 percent Caesars: $26.1 million, up 9.6 percent Tropicana: $23.4 million, up 15.8 percent Bally's: $19.6 ...

Atlantic City casino closings hurt revenue toll

ATLANTIC CITY, N.J. (AP) — The loss of four casinos began to show up in Atlantic City's gambling revenues in September, which were nearly 13 percent less than they were a year ago before the closings started happening. Including Internet gambling ...

Ex-financial analyst facing insider trading charge

NEW YORK (AP) — Prosecutors say a former senior finance analyst at Merck & Co. is facing an insider trading charge in New York federal court for passing along secrets that earned $722,000 in illegal profits. Manhattan prosecutors announced Tuesday ...

New Jersey Senate approves sports-betting bill

TRENTON, N.J. (AP) — The state Senate has passed a measure that could clear the way for sports betting in the state. Lawmakers cast their votes Tuesday afternoon. The measure is the latest in a yearslong effort to authorize sports wagering and ...

NJ Transit will pay woman $6.5M for amputated leg

TRENTON, N.J. (AP) — New Jersey Transit's board has voted to pay $6.5 million to settle a lawsuit from a woman who had to have her leg amputated after she was hit by a bus. NJ.com reported (http://bit.ly/ZC9NjJ ) that the board approved the ...

State delays action on Lockheed Martin tax break

TRENTON, N.J. (AP) — State economic officials have delayed action on a bid by defense contractor Lockheed Martin Corp. to get $107 million in New Jersey tax breaks for a facility in Camden. The New Jersey Economic Development Authority was due to ...

J&J hikes 2014 forecast for a third time

Johnson & Johnson is raising its 2014 earnings forecast a third time after trumping analyst expectations for its recently concluded quarter. The world's biggest maker of health care products says it now expects earnings adjusted for one-time items to ...