Business & Economy

5 takeaways from Chris Christie’s Mexico trip

MEXICO CITY (AP) — New Jersey Gov. Chris Christie's trade mission to Mexico this week was billed as an opportunity to foster new business relationships between the United States' southern neighbor and his state. But it also gave the potential ...

New Jersey’s credit rating lowered – again

TRENTON, N.J. (AP) — New Jersey's credit rating has been lowered for the second time this year by Wall Street. Fitch Ratings on Friday dropped the state's credit rating one step to A. It cited the state's poor economic performance and Gov. Chris ...

Report: PATH System More Expensive to Operate Than Subway

According to the Citizens Budget Commission, a major problem facing the PATH system is a growing deficit.

Rainforest Cafe sues to stay at Trump Plaza

ATLANTIC CITY, N.J. (AP) — A popular restaurant at Trump Plaza is suing the Atlantic City casino, asking a judge to permit it to keep operating after the casino shuts down on Sept. 16. The Rainforest Cafe, whose parent company owns the Golden ...

APNewsBreak: Trump Plaza online bets can continue

ATLANTIC CITY, N.J. (AP) — New Jersey casino regulators will let Betfair continue to take Internet bets after its brick-and-mortar casino partner, Trump Plaza, closes down later this month. David Rebuck, director of the state Division of Gaming ...

Firm eyes possible Showboat purchase

ATLANTIC CITY, N.J. (AP) — A Florida company that develops restaurant and entertainment complexes says it's interested in the former Showboat casino in Atlantic City. Latitude 360, a Jacksonville company, says the newly closed casino is one of ...

TSA appoints new safety director for NJ, Delaware

NEWARK, N.J. (AP) — The Transportation Security Administration has appointed a new federal security director for airports in New Jersey and Delaware. Thomas Carter will have oversight of security at Newark Liberty, Atlantic City International, ...

Maine man gets jail in scallop scheme

NEWARK, N.J. (AP) — The owner of a Maine seafood company who admitted conspiring to conceal the harvesting of nearly 80,000 pounds of scallops off the coasts of New Jersey and Massachusetts has been sentenced to jail. Seafood wholesaler D.C. Air & ...

Christie continues Mexico trade mission

MEXICO CITY (AP) — New Jersey Gov. Chris Christie is continuing a trade mission to Mexico with more closed-door meetings and a visit to one of the country's most cherished Catholic sites. Christie began Thursday with a breakfast with the Mexican ...

Former A&P executive sentenced for ticket scam

NEWARK, N.J. (AP) — A former senior vice president of a supermarket chain who sold more than $1.2 million worth of concert and sports tickets meant for the store for his own gain has been sentenced to three years in prison. U.S. District Judge ...