Business & Economy

Firm cancels plan to buy closed Revel Hotel Casino

ATLANTIC CITY, N.J. (AP) — A Toronto-based company is abandoning its plan to buy the former Revel Casino Hotel in Atlantic City. Brookfield Asset Management said Wednesday in a brief statement that it had "terminated the Revel acquisition." The ...

Casino Workers Demonstrate Over Taj Mahal Closure

About 1,000 demonstrators gathered in Atlantic City to protest billionaire Carl Icahn's assertion that he'll only keep the Taj Mahal open if Local 54 drops its lawsuit over ending benefits.

Pala tribe begins Internet gambling in New Jersey

ATLANTIC CITY, N.J. (AP) — A California Indian tribe became the first to offer Internet gambling in New Jersey on Wednesday. The Pala Band of Mission Indians began a test of their PalaCasino.com site. The tribe's online gambling arm, Pala ...

New Jersey legislative leaders discuss agenda

ATLANTIC CITY, N.J. (AP) — New Jersey's Democratic and Republican legislative leaders may differ on some issues, but they all agree that they're not standing in Gov. Chris Christie's shadow. Senate President Steve Sweeney and Assembly Speaker ...

Atlantic City casino workers march against Icahn

ATLANTIC CITY, N.J. (AP) — Hundreds of Atlantic City casino workers are marching on the Boardwalk against the planned shutdown of the Trump Taj Mahal and billionaire investor Carl Icahn's role in the process. Local 54 of the Unite-HERE union ...

Executive Director Discusses 99th League of Municipalities Convention in AC

New Jersey League of Municipalities Executive Director Bill Dressel says that the 99th annual convention in Atlantic City has been looking good and that the league has been impressed with city officials.

Gas Prices at Lowest Since 2010

New Jersey's average price for a gallon of regular gas is $2.74, compared to $3.16 a year ago.

Gaming Commission Chairman Optimistic AC Can Be Saved

Governor's Advisory Commission on Gaming Chairman Jon Hanson says he is optimistic that Atlantic City can be saved.

Carl Icahn bought home of woman who took on Trump

ATLANTIC CITY, N.J. (AP) — Billionaire investor Carl Icahn is the person who bought an Atlantic City property that earned its owner folk hero status for resisting decades of overtures from developers including Donald Trump. Citing real estate ...

New Jersey toll collectors’ jobs spared

WOODBRIDGE, N.J. (AP) — Officials have decided not to privatize toll collection on the New Jersey Turnpike and Garden State Parkway. Turnpike Authority executive director Joseph Mrozek tells NJ.com (http://bit.ly/1yPFcee ) two unions representing ...