Business & Economy

Revel auction still taking bids, did not adjourn

ATLANTIC CITY, N.J. (AP) — The bankruptcy auction of Atlantic City's former Revel Casino Hotel is continuing to weigh bids, and did not adjourn until next week as one participant said it would. Late Tuesday night, the attorney for Florida developer ...

Supervalu, Albertsons disclose new data breach

NEW YORK (AP) — The parent companies of the Supervalu and Albertsons supermarkets say they have uncovered another breach of their computer networks, potentially compromising data from consumers. The companies say that in late August or early ...

Attorney: ‘Appalling’ for Wal-Mart to blame Morgan

NEWARK, N.J. (AP) — An attorney representing actor-comedian Tracy Morgan says it's "appalling" that Wal-Mart calls Morgan partly to blame for injuries he suffered in a New Jersey highway accident involving one of the company's trucks. Morgan filed ...

Tropicana demands big union givebacks

ATLANTIC CITY, N.J. (AP) — Atlantic City's main casino workers' union says the Tropicana is demanding major givebacks in its next contract to avoid the fate of four casinos that have shut down so far this year. Bob McDevitt, president of Local 54 ...

AP: Mayor nixes tax break for Taj Mahal casino

ATLANTIC CITY, N.J. (AP) — Atlantic City's mayor says he can't offer massive tax breaks that the owner of the Trump Taj Mahal and would-be owner Carl Icahn are demanding to keep the casino open. Mayor Don Guardian tells The Associated Press that ...

Report: Gambling industry paid out $38B in taxes

LAS VEGAS (AP) — Gambling officials say the industry paid out a jackpot-worthy $38 billion in federal, state and local taxes in 2013. It's the first time the American Gaming Association has added tribal casinos and casino game makers into the mix ...

For 1 New Jersey candidate, the issue is gold

NEW BRUNSWICK, N.J. (AP) — New Jersey's short-funded Republican U.S. Senate candidate is trying to make his bid against incumbent Democrat Cory Booker a one-issue race. Jeff Bell wants to bring back the gold standard. He says he does not have ...

New Jersey gas prices still falling

TRENTON, N.J. (AP) — Motorists continue to see lower prices at the pumps in New Jersey. AAA Mid-Atlantic says the average price of a gallon of regular gasoline in the state on Friday was $3.17, down 4 cents from last week. That's also lower than ...

New Jersey to receive $543K in drug settlement

TRENTON, N.J. (AP) — New Jersey will receive more than $500,000 as part of a nationwide settlement with a drugmaker over allegations that the company improperly promoted medications including the attention deficit disorder drugs Adderall XR. ...

Law Enforcement Concerned About Smartphone Encryption

The FBI director said he's worried that so-called unlockable systems for smartphones will impede investigations.