Business & Economy

Former bank officer sentenced for accepting bribes

CAMDEN, N.J. (AP) — A former bank officer who accepted more than $50,000 in bribes return for assisting customers in corrupt financial transactions and bank fraud is now headed to federal prison. Jose Dominguez of Newark was sentenced Wednesday to ...

Former executive gets prison term for tax evasion

NEWARK, N.J. (AP) — Federal prosecutors say a former executive with an independent wholesale food distributor in New Jersey and New York City is headed to prison for evading taxes on income he got from third parties. John Annetta received a ...

Pension not only cuts in Christie’s budget plan

TRENTON, N.J. (AP) — Gov. Chris Christie's plan to bridge a budget gap over the next 13 months relies heavily on slashing pension contributions, but that is not the only measure. State Treasurer Andrew Sidamon-Eristoff told lawmakers on Wednesday ...

‘Normal’ for some eludes others at Jersey shore

UNION BEACH, N.J. (AP) — With the second summer after Superstorm Sandy almost here, "normal" means different things to different people. Some storm victims have rebuilt or repaired their homes, many by raising them higher than before. But many ...

Assembly Budget Committee Gets Revenue Update

The Assembly Budget Committee held a hearing to get a revenue update from the Office of Legislative Services and the state treasurer.

NJ budget problems add to Christie 2016 challenge

NEW YORK (AP) — New Jersey Gov. Chris Christie is confronting major budget problems that threaten to complicate an already messy second term — and his presidential prospects. The Republican governor already faces state and federal investigations ...

After a year’s absence, Fleet Week returns to NYC

NEW YORK (AP) — Well, hello, sailor! Fleet Week is returning to New York City after a year's absence. Three Navy ships and two Coast Guard cutters are scheduled to arrive in New York Harbor on Wednesday morning, the start of the week. The usually ...

Christie Proposes Reducing Pension Payment to Balance Budget

Gov. Chris Christie says he wants to reduce both this year and next year's pension payments to close the state's budget deficit.

AC Man Fights CRDA Eminent Domain Seizure

Charlie Birnbaum is fighting to keep his Atlantic City home. The Casino Reinvestment Development Authority is trying to take the three-story apartment building through eminent domain.

Homeless Turn to Motels for Housing

Many people find themselves having to live in motels because they can't afford permanent housing.