Business & Economy

Claridge Hotel in AC sold, will run without casino

A deal to sell the former Claridge Casino Hotel in Atlantic City to a Florida real estate firm has been completed. TJM Atlantic City completed its purchase of the Claridge on Monday. It used to be its own casino but most recently was part of Bally's ...

Golden Nugget AC holding ‘emergency’ job fair

ATLANTIC CITY, N.J. (AP) — Atlantic City's casino industry may be struggling, but one casino is staging an "emergency" jobs fair this week for positions that start as soon as this weekend. The Golden Nugget is interviewing on Wednesday and Thursday ...

NJ debt highlighted on eve of Christie budget

TRENTON, N.J. (AP) — The Assembly's budget committee is hearing from the Legislature's fiscal expert on the growing amount of state debt. But the panel will have to wait until Gov. Chris Christie gives his budget address on Tuesday to hear about ...

NJ firm to pay $400K in female plumber bias case

TRENTON, N.J. (AP) — A mechanical contracting firm in southern New Jersey has agreed to pay $400,000 to settle allegations it discriminated against female plumbers. The state attorney general's office said Monday that Falasca Mechanical of ...

NJ Assembly panel holds salary hike bill

TRENTON, N.J. (AP) — A bill giving pay raises to members of Gov. Chris Christie's cabinet and tweaking the pension law to benefit some elected officials has stalled. The bill scheduled to be fast-tracked through the Legislature this week was held ...

A battered Christie to unveil NJ budget proposal

TRENTON, N.J. (AP) — New Jersey's politically battered Gov. Chris Christie is set to deliver his annual budget address this week. The Republican governor's speech Tuesday comes as state tax revenues are expected to rise, although much of the ...

Real estate consultant sentenced in fraud scheme

CAMDEN, N.J. (AP) — Federal prosecutors say a real estate consultant who says he helped five people defraud banks — including a former NFL star and his mother — has been sentenced to 20 months in prison. William Barksdale of Burlington also ...

Owner shuts down Sandy-damaged amusement park

SEA ISLE CITY, N.J. (AP) — A southern New Jersey amusement park that was severely damaged by Superstorm Sandy has been shut down by its owner. Jay Gillian told The Press of Atlantic City (http://bit.ly/1mA85sS) that the storm damage was among ...

AAA Mid-Atlantic: NJ gas prices rise sharply

TRENTON, N.J. (AP) — Motorists are seeing sharply higher 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 $3.34, up 7 cents from last week. But that's much lower ...

Obama pitches minimum wage hike with Dem governors

WASHINGTON (AP) — President Barack Obama is promoting his effort to raise the minimum wage to Democratic governors. At a White House meeting Thursday, Obama said an increase, quote, "is not just good policy, it also happens to be good politics." ...