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Business & Economy

Montvale-based A&P files for chapter 11 bankruptcy

The Great Atlantic & Pacific Tea Co. filed for Chapter 11 bankruptcy protection for the second time since 2010.

Sen. Menendez Outlines Plan for Transportation Funding

Sen. Bob Menendez discussed a bill he's proposed to dedicate $115 billion over six years for transportation.

Union Spokesman: Casino Workers Willing to Strike to Restore Benefits

UNITE HERE Local 54 Spokesman Ben Begleiter says Taj Mahal casino workers voted to authorize a strike after they were stripped of pensions and health benefits.

Pension Study Commission Member: Changes Must be Made to Pension System

Pension and Health Benefits Study Commission member Tom Byrne says the pension system deficit is so large changes need to be made now to ensure state workers get what they're entitled to.

NJ Transit Board Votes to Increase Fares, Cut Some Service

NJ Transit fares will increase starting Oct. 1 an average of 9 percent with some service cuts going into effect Sept. 1.

Changing Landscape Makes Business Difficult for Supermarkets

Because more retail outlets are selling groceries, profit margins for supermarkets have shrunk causing some to close their doors.

Thunderstorm Cuts Belmar’s Sandcastle Contest Short

Although a thunderstorm cleared the beach in Belmar during the 29th New Jersey Sandcastle Contest, people still participated and will be awarded prizes.

Officials Consider Reopening SBA Loan Applications After Sandy

Federal officials are considering a bill that would reopen applications for loans through the Small Business Administration for companies that haven't been able to rebuild after Hurricane Sandy.

Seton Hall Law Professor: Ruling Puts Hospitals’ Tax Exemption Status in Question

Seton Hall Law Professor John Jacobi says that a judge's recent ruling stripping Morristown Medical Center of its tax exemption status could have larger consequences.

Barnabas-RWJ merger approved by both boards

The boards of Barnabas Health and the Robert Wood Johnson Health System have approved a merger that would create New Jersey's largest health network, according to a source.