Business & Economy

Lt. gov.’s new claim: NJ tourism up in ’13

ATLANTIC CITY, N.J. (AP) — Tourism promoters and members of the Christie administration have been saying for months that tourism was down last year as a result of Superstorm Sandy. But Lt. Gov. Kim Guadagno told the state's annual tourism ...

Hess selling north Jersey ‘tank farms’

EDGEWATER, N.J. (AP) — The Hess Corp. is in negotiations to sell its three former terminals in northern New Jersey. Real estate developers are eying the waterfront properties that house tank farms in Edgewater, Secaucus and Bogota (ba-GOH'-tah) as ...

NJ KOs plan for wind power farm off Atlantic City

ATLANTIC CITY, N.J. (AP) — New Jersey energy regulators have taken the air out of a $188 million plan to build a wind power farm off the coast of Atlantic City. The state Board of Public Utilities rejected a proposal by Fishermen's Energy to build ...

Union turning up heat on Revel as sale looms

ATLANTIC CITY, N.J. (AP) — The main union representing Atlantic City casino workers is turning up the heat on the non-union Revel Casino Hotel. The effort is an attempt to save as many jobs as possible if the struggling casino is sold or goes ...

Wrong March madness for NJ without sports betting

ATLANTIC CITY, N.J. (AP) — By this time, New Jersey figured it would be raking in the bets on professional and college sports. But with its two-year bid to offer legal sports betting stalled and relying on a longshot U.S. Supreme Court appeal, the ...

Feds: Inside info exchanged on napkins, then eaten

NEWARK, N.J. (AP) — Federal prosecutors in New Jersey have accused the managing clerk of a New York City law firm and a stock broker of netting nearly $6 million through an insider trading scheme. FBI agents on Wednesday arrested 40-year-old Steven ...

Asm. Schaer: Christie’s Taking a Back Seat on Tesla Issue

Chairman of the Assembly Budget Committee Gary Schaer finds it surprising that Gov. Christie seems to be taking a back seat with a decision to prohibit Tesla from selling electric cars directly to consumers.

Roofing company to build plant in Moberly, Mo.

MOBERLY, Mo. (AP) — A leading shingle manufacturing company says it will build a new production facility in the central Missouri town of Moberly. GAF Roofing said Tuesday that the 320,000-square-foot facility will have the largest production ...

Tropicana plans $35M renovation in Atlantic City

ATLANTIC CITY, N.J. (AP) — The Tropicana Casino and Resort plans a $35 million renovation to its Atlantic City buildings which will include the addition of an LED light show on its exterior. The project also would re-do the 434 hotel rooms in the ...

IRS: Worker took home personal info on 20k workers

WASHINGTON (AP) — The Internal Revenue Service is reporting a potential security breach involving personal information about 20,000 IRS workers, former workers and contractors. IRS Commissioner John Koskinen said Tuesday an employee took home a ...