Business & Economy


Fishermen’s Energy COO: Off-Shore Wind Farm Project Will Go to Court

Fisherman's Energy COO and General Counsel Paul Gallagher says that the company is going to have the matter of its off-shore wind farm proposal litigated in court.

Unemployment drops in New Jersey

TRENTON, N.J. (AP) — New Jersey officials say the state unemployment rate dropped to 6.9 percent for April, its lowest level in more than five years. The report released Thursday by the state Labor Department and based on data collected by the U.S. ...

Camden students walk out over teacher layoffs

CAMDEN, N.J. (AP) — Hundreds of students from Camden high schools left class to protest layoffs of more than 200 teachers and dozens of other school employees. The students on Wednesday walked to the district office and shouted for Superintendent ...

Business execs skeptical of Christie’s chances

LAS VEGAS (AP) — Chris Christie is dismissing his administration's traffic scandal as "a footnote" in his political future. The GOP's elite business class isn't so sure. Republican donors gathered for a hedge fund conference in Las Vegas share a ...

Online gambling revenue shows first decline in NJ

ATLANTIC CITY, N.J. (AP) — New Jersey's fledgling Internet gambling industry saw its first monthly decline in April, falling slightly to $11.4 million. In March, which had one more day than did April, Internet gambling brought in $11.9 million. ...

Insurance broker admits stealing nearly $1 million

TRENTON, N.J. (AP) — Federal prosecutors say an insurance broker has admitted stealing nearly $1 million while selling health care coverage he knew was fake. Seventy-year-old David Clark of Morristown pleaded guilty Wednesday to conspiracy to ...

Moody’s downgrades New Jersey’s bond rating

TRENTON, N.J. (AP) — It's going to get more expensive for New Jersey's state government to borrow money. For the third time since April, a bond rating agency has downgraded the state's general obligation bonds. Moody's Investors Service is now ...

Christie to speak at national fiscal summit

TRENTON, N.J. (AP) — New Jersey Gov. Chris Christie is heading to Washington to discuss the economy and politics. Christie will join former President Bill Clinton and other top political figures Wednesday at the annual Peter G. Peterson ...

Workers sickened at south Jersey produce factory

HAMMONTON, N.J. (AP) — It's not clear what sickened about 30 employees at a produce repacking facility in southern New Jersey. Police found workers complaining of nausea and dizziness at Buffalo Repack in Hammonton on Tuesday. The employees were ...

Homes Remain Abandoned After Sandy in Brick Township

Officials estimate 300 homes are uninhabitable and abandoned in Brick Township. They have adopted an ordinance giving them additional tools to deal with the properties.