Business & Economy

Former NJ drug execs sentenced in stock scheme

NEWARK, N.J. (AP) — Two former pharmaceutical and medical technology firm executives have been sentenced for their involvement in an insider trading scheme. New Jersey's U.S. attorney's office says Mark Cupo and 44-year-old Mark Foldy, both of ...

Seaside Heights Mayor: Increased Staff Would Speed Up Sandy Recovery

Seaside Heights Mayor Bill Akers says he thinks staffing should be increased to speed up the Sandy recovery process because it would make the turnaround process quicker.

Traffic scandal firm donated to Christie-led group

TRENTON, N.J. (AP) — The law firm that concluded New Jersey Gov. Chris Christie had no involvement in shutting down traffic lanes for political retribution has given $10,000 to a national political group where he is chairman. Gibson, Dunn & ...

Millstone goat farmer admits improper care

MILLSTONE, N.J. (AP) — The Monmouth County man who owns a goat farm has been told to thin the herd after he admitted improperly caring for animals. Authorities cited 45-year-old Christopher Vaccaro in February after they said they found nearly 200 ...

Wawa convenience stores mark 50th anniversary

PHILADELPHIA (AP) — Wawa convenience stores are celebrating the company's 50th anniversary, but customers will be getting the gifts. The chain is offering free cups of coffee on Wednesday to mark a half-century since the first shop opened in ...

NJ Set E-Filing Record for Filing Tax Returns

According to the IRS, 3.1 million tax returns out of 3.5 million were filed electronically in New Jersey.

FDA OKs Merck tablet to reduce grass allergies

WHITEHOUSE STATION, N.J. (AP) — Merck & Co. says the Food and Drug Administration has approved its new tablet for grass allergies, Grastek, for patients five to 65 years old. Meant as an alternative to weekly allergy shots, the tablet dissolves ...

NJ taxpayers paying bridge investigation lawyers

TRENTON, N.J. (AP) — New Jersey taxpayers are paying five law firms to represent state employees as lawmakers and prosecutors investigate lane closures near the George Washington Bridge. The state Attorney General's Office said in a statement that ...

J&J Q1 net up 8 percent on sales jump, lower costs

NEW BRUNSWICK, N.J. (AP) — Johnson & Johnson says its first-quarter profit rose 8 percent, because of restrained costs and a big jump in prescription drug sales. The world's biggest maker of health care products easily beat Wall Street expectations ...

Home Depot workers honor late customer

HAMILTON, N.J. (AP) — Employees at a Home Depot store in New Jersey constructed a monument to a favorite customer who lost his battle to liver cancer. Handyman William Abbott frequently shopped at the Home Depot store in Hamilton. Workers sprang ...