Business & Economy


Officials Propose Changes to NJ Taxes

A proposal to increase the gas tax and one to cut the sales tax are before New Jersey lawmakers for consideration.

Junior Achievement of NJ Teaches Young People to Succeed in Global Economy

The non-profit mentoring group Junior Achievement of New Jersey strives to help students learn to succeed in the global economy with corporate role models.

Lot sells for $5M in Alpine

ALPINE, N.J. (AP) — Land doesn't come cheap in one of New Jersey's priciest communities. A 2-acre lot in Alpine has sold for $5 million. Seller Jane Huang tells The Record (http://bit.ly/1pfZT2s ) newspaper it was a good time to sell because ...

Pulaski Skyway commuters urged to use mass transit

JERSEY CITY, N.J. (AP) — Officials are advising commuters who use the Pulaski Skyway that this past week was the exception, not the norm. No major traffic problems have been reported since northbound lanes were closed on Saturday to repair the ...

FDA OKs Merck tablet to reduce ragweed allergies

WHITEHOUSE STATION, N.J. (AP) — U.S. regulators have again approved a Merck & Co. tablet for gradually reducing seasonal allergies, this time for ragweed pollen. Ragwitek tablets dissolve quickly under the tongue. Patients are to take one daily, ...

Fire in bathroom at Atlantic City’s Tropicana

ATLANTIC CITY, N.J. (AP) — No one was injured in a fire on the 57th floor of Atlantic City's Tropicana Casino and Resort. Firefighters tracked the fire to a bathroom just after 10 a.m. Thursday. Fire Chief Dennis Brooks tells The Press of ...

NJ unemployment rate inches up to 7.2 percent

TRENTON, N.J. (AP) — Preliminary data show New Jersey's unemployment rate inched up to 7.2 in March from 7.1 the previous month as the state lost 1,300 jobs. The report released Thursday by the state Labor Department shows private sector employment ...

Former NJ drug execs sentenced in stock scheme

NEWARK, N.J. (AP) — Two former pharmaceutical and medical technology firm executives have been sentenced for their involvement in an insider trading scheme. New Jersey's U.S. attorney's office says Mark Cupo and 44-year-old Mark Foldy, both of ...

Seaside Heights Mayor: Increased Staff Would Speed Up Sandy Recovery

Seaside Heights Mayor Bill Akers says he thinks staffing should be increased to speed up the Sandy recovery process because it would make the turnaround process quicker.

Traffic scandal firm donated to Christie-led group

TRENTON, N.J. (AP) — The law firm that concluded New Jersey Gov. Chris Christie had no involvement in shutting down traffic lanes for political retribution has given $10,000 to a national political group where he is chairman. Gibson, Dunn & ...