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Saint Michael’s hospital files for Ch. 11; hopes move will hasten sale to Prime

Saint Michael's Medical Center in Newark has filed for Chapter 11 bankruptcy protection, which it hopes will expedite its sale to Prime Healthcare.

Surflight Auction Generates High Public Interest, But Low Bid

The bankruptcy auction for the shuttered Surflight Theatre yielded a high bid of $2 million, which is below the amount of secured debt on the property. The highest bidder also hasn’t said what he would do with the property should his bid get accepted.

Christopher’s Law Would Clarify Private Student Loans in Event of Death

Christopher's Law would require private student loans to have clear language explaining the consequences if the borrower or co-signer dies.

NJ Real Estate Market on the Rebound, But Challenges Still Exist

Realtors say New Jersey's housing market is improving but there are still challenges, including failed inspections and people moving out of state.

SEC Vote Will Require Companies to Disclose Wage Gap Between Workers, CEOs

The Securities and Exchange Commission voted to require most public companies to compute and disclose the pay ratio between chief executive officers' pay and that of a midpoint employee.

Wall Township Farm Features Alpacas

Arrow Acres Farm in Wall Township has many alpacas. The owners use their fleece to make yarn.

Jersey City to Start Citi Bike Program

Jersey City Citi Bike, a bike sharing program, will launch in September. It's linked to New York City's program.

Nearly Half of NJ Lottery Retailers Experienced Outage

From Friday to mid-day Monday, nearly half of New Jersey Lottery retailers were unable to sell tickets after a scheduled system upgrade of printer terminals.

State Offers Help for Homeowners with Hard-to-Handle Mortgage Debts

Up to $50,000 in aid may be available to those hit with big interest rate increases, depressed property values or economic hardship such as job loss.

American Pharoah Not the Only Winner at Monmouth Park

Triple Crown winner American Pharoah attracted thousands of spectators to Monmouth Park Racetrack who also spent money at local businesses.