Business & Economy


Environmentalists Upset with Plans to Divert Passaic River Funds

Environmentalists are upset with apparent plans to divert millions of dollars intended to restore the polluted Passaic River to help balance New Jersey's budget.

Sprinkler company seeks to end work at Taj Mahal

ATLANTIC CITY, N.J. (AP) — A Pennsylvania company that oversees sprinkler systems, fire alarms and other crucial safety equipment at the Trump Taj Mahal Casino Resort wants to end its contract with the bankrupt casino. Tozour Energy Systems is ...

Atlantic City plans layoffs to help with budget

ATLANTIC CITY, N.J. (AP) — Atlantic City plans to ask the state for permission to lay off some city workers. It also wants to re-open most of the union contracts for city workers to achieve salary and benefit reductions. The Press of Atlantic City ...

SEC alleges insider trading in coal acquisition

CHARLESTON, W.Va. (AP) — Federal regulators allege in a lawsuit that three men illegally profited from Arch Coal's acquisition of International Coal Group. The U.S. Securities and Exchange Commission's lawsuit says Frank Tamayo and two other men ...

Bill Would Offer Incentives for People to Live Where They Work

Officials are considering a bill that would encourage police officers, firefighters, teachers and sanitation workers to live where they work by giving them a $10,000 interest-free loan to buy a house.

NJ Farms Attract Tourists with Corn Mazes, Pumpkin Picking

New Jersey ranks ninth nationwide in total agritourism dollars.

New Jersey looks to give military a tax delay

TRENTON, N.J. (AP) — Deployed military members from New Jersey could soon be able to defer one big expense. A state Assembly committee on Monday advanced a bill that would allow those on deployment to delay paying property taxes until 90 days after ...

Insurance adjuster pleads guilty in fraud scheme

NEWARK, N.J. (AP) — The owner of an insurance adjusting firm has pleaded guilty to mail fraud charges stemming from a scheme to defraud the New Jersey Turnpike Authority and several insurers. Federal prosecutors say 54-year-old Robert Napolitano, ...

Trump Entertainment seeks OK to sell Plaza equip

ATLANTIC CITY, N.J. (AP) — The parent company of Trump Plaza wants permission from a bankruptcy court to sell off its assets, including gambling equipment and furniture. Trump Entertainment Resorts filed a motion in federal bankruptcy court in ...

Hundreds speak out on New York casino plans

COLONIE, N.Y. (AP) — Supporters and critics of proposals for an Albany area casino are weighing in as three days of public hearings on casinos planned for upstate New York get underway. The board tasked with picking the winning projects met Monday ...