Business & Economy

NJ eyes ban on fracking waste from any state

TRENTON, N.J. (AP) — New Jersey lawmakers are considering a ban on treating or storing waste products created by hydraulic fracturing operations in the natural gas exploration industry. A state Senate committee advanced a bill on Monday that would ...

NJ unemployment rate falls to 7.1 percent

TRENTON, N.J. (AP) — Revised federal data suggests New Jersey's unemployment rate declined more gradually last year than previously reported. A report using numbers collected by the federal government was issued Monday by the state Labor ...

Man admits role in $40.8M mortgage loan fraud

CAMDEN, N.J. (AP) — Federal prosecutors say a southern New Jersey has admitted his role in a $40.8 million mortgage fraud conspiracy. Robert Serao faces up to 30 years in prison and a $1 million fine when he's sentenced June 24. The 48-year-old ...

Jersey shore rentals slow in 2nd post-Sandy season

TOMS RIVER, N.J. (AP) — Summer rentals in some of the Jersey shore spots hit by Superstorm Sandy are still available because of a market that's developing more slowly than usual this year. Factors include a bothersome project to rebuild a state ...

Democrats accuse Christie of trying to raise taxes

New Jersey Democrats are accusing Republican Gov. Chris Christie of trying to create new taxes, for a change. The governor's $34.4 billion budget proposal calls for imposing a tobacco tax on e-cigarettes for the first time and making out-of-state ...

AAA Mid-Atlantic: NJ gas prices down slightly

TRENTON, N.J. (AP) — Motorists are seeing slightly lower 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 $3.38, down a penny from last week. That's also lower ...

Scutari: Legalizing Recreational Use of Marijuana Would Benefit NJ

Sen. Nicholas Scutari plans to introduce a bill that would legalize the recreational use of marijuana in the state. He says it would be an economic benefit for New Jersey, as it has been for Colorado.

Widow of NJ mall carjacking victim files lawsuit

NEWARK, N.J. (AP) — The widow of an attorney who was shot dead during a carjacking at an upscale New Jersey mall is suing the mall owners and a first aid squad. Jamie Schare Friedland filed a wrongful-death lawsuit in Newark this week in the death ...

Jersey shore residents hail flood insurance bill

BRICK, N.J. (AP) — Homeowners in parts of the Jersey shore hit hard by Superstorm Sandy say a new flood insurance law will help them remain in their homes and fix them. Congress passed a law Thursday scaling back what had been drastic increases in ...

Twin pharmacists in NJ sentenced in fraud case

NEWARK, N.J. (AP) — Twins who owned a northern New Jersey pharmacy are going to federal prison for 42 months for conspiring to commit health care fraud. Prosecutors say Robert and William Carlucci reaped at least $1/5 million by defrauding ...