Business & Economy


NJ Technology Council Holds App Forum

Eight of 10 winners who submitted apps to the New Jersey Technology Council Mobile Applications Forum, sponsored by AT&T, were from the Garden State.

Judges: Retirees have right to pension increases

NEW BRUNSWICK, N.J. (AP) — A New Jersey appeals court has ruled that retired public workers have a right to cost-of-living increases in their pensions. But in an opinion Thursday, a three-judge panel leaves it to a lower court judge to decide ...

New Jersey lawmakers approve budget as veto looms

TRENTON, N.J. (AP) — Both houses of New Jersey's legislature have approved a $34.1 billion state budget that raises some major taxes but makes a full previously agreed-upon payment to pension funds for public employees. Republican Gov. Chris ...

Perelman loses Hudson News founder inheritance bid

HACKENSACK, N.J. (AP) — A New Jersey judge has rejected a bid by the daughter of billionaire Revlon chairman Ronald Perelman to receive a larger slice of an inheritance from the estate of her grandfather who founded the Hudson News newsstands ...

Judge Rules Christie Can Cut $900M from Pension Payment

Judge Mary Jacobson ruled that Gov. Christie can cut $900 million from this year's payment into the state pension plans.

Supreme Court Ruling Doesn’t Stop Effort to Get Sports Betting in NJ

Despite the Supreme Court's refusal to legalize sports betting in New Jersey, Sen. Lesniak has introduced a bill that would allow the practice only at racetracks and casinos.

S&P Director: NJ Has Lower Than Average Funded Pension Plan

S&P Managing Director of Public Finance Ratings Robin Prunty says New Jersey isn't at the bottom of the list, but it has a lower than average funded pension system.

Fair Lawn Company Uses Ice to Cool Buildings

CALMAC creates ice at night and uses it during the day to cool buildings to save money since the highest electricity costs occur during the day.

Deal reached to finish 3 World Trade Center tower

JERSEY CITY, N.J. (AP) — An agreement has been reached to pay for the completion of the stalled 3 World Trade Center project. The Port Authority of New York and New Jersey on Wednesday approved a deal with developer Larry Silverstein after months ...

Free Wi-Fi approved at New York City’s airports

NEWARK, N.J. (AP) — Free Wi-Fi is coming to the New York City metro area's major airports. The Port Authority of New York and New Jersey on Wednesday approved a plan to offer free access at Newark Liberty International, John F. Kennedy ...