Business & Economy

Utility regulators approve storm improvements

NEWARK, N.J. (AP) — State regulators have approved a $1 billion plan by New Jersey's largest utility to raise rates over five years to strengthen electric and gas systems to protect them from future storms. Public Service Electric and Gas initially ...

Assembly Budget Committee Grills State Treasurer on Shortfalls

Members of the Assembly Budget Committee asked State Treasurer Andrew Sidamon-Eristoff about the Christie administration's budget decisions.

Government Provides Victims of Violent Crimes with Financial Assistance

The New Jersey Victims of Crime Compensation Office provides New Jerseyans with financial assistance after they have been victimized.

PSE&G President: Energy Strong Will Lead to Long-Term Savings

PSE&G President Ralph LaRossa says that the Energy Strong project, which the BPU recently approved, will help customers save money in the long run.

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 ...