A federal bankruptcy court judge voided a union contract with Atlantic City's Trump Taj Mahal Casino Resort on Friday.» Read More
ATLANTIC CITY, N.J.— The CEO of Caesars Entertainment said Wednesday a new $125 million meeting center his company is building will help define Atlantic City's future, even as he pointedly refused to say whether his company is done closing casinos there. Gary Loveman said the center next to Harrah's Resort Atlantic City will be ready by next summer and should...
TRENTON, N.J.— New Jersey's Council on Affordable Housing on Monday rejected new rules proposed by Gov. The move defies both the governor and the state Supreme Court he's often at odds with over affordable housing. New Jersey's Supreme Court ruled in 1975 that the state's towns could not use zoning laws to exclude the poor.
ATLANTIC CITY, N.J.— The Trump Taj Mahal Casino Resort may survive after all, but it's likely to do so with angry employees. A federal bankruptcy judge in Delaware on Friday voided the struggling casino's contract with its union workers, giving owner Trump Entertainment Resorts a big part of its plan to keep the casino open and save its 3,000 jobs.
WASHINGTON— Their legacy already established in politics, Mitt Romney and his wife, Ann, are working to leave a lasting mark on neuroscience. Boston's Brigham and Women's Hospital on Tuesday will announce the launch of the Ann Romney Center for Neurologic Diseases, a venture funded by the Romneys and their expansive political network that will assemble scores...
Montclair, N.J., Sept 24- The New York City suburb of Montclair, New Jersey, may be picturesque, but its roads are a mess. Just paving them would cost $9 million, not including curbs and other features, Montclair Mayor Robert Jackson told state lawmakers on Wednesday.
Sept 10- Atlantic City's Revel casino-hotel, which closed earlier this month after filing for bankruptcy, reached a deal to sell itself to a Florida developer for $90 million in cash, a fraction of the billions of dollars it cost to build.
*Trump Entertainment Resorts files for Chapter 11. Sept 9- Trump Entertainment Resorts Inc, which runs two casinos in Atlantic City, filed for bankruptcy protection for a third time, in another blow to the city's crumbling casino industry.
ATLANTIC CITY, N.J., Sept 8- Governor Chris Christie pushed past a sea of angry protesters on Monday to meet with business leaders and politicians on ways to save troubled Atlantic City, which has lost a quarter of its 12 casinos already this year.
A turn of legal events in regards to sports betting in New Jersey, with CNBC's Dominic Chu.
Sept 5- Fitch Ratings cut its credit rating on New Jersey one notch to' A' on Friday because of the state's budget gaps and a broken promise to make a full contribution into its public pension system.
Aug 27- New Jersey's Atlantic County, which includes the struggling gambling mecca of Atlantic City, saw the biggest employment drop of all U.S. metropolitan areas in July compared to the same time last year, according to preliminary U.S. Labor Department data on Wednesday.
Aug 26- As hopes for a last-minute buyer dim, Atlantic City's Revel casino has laid out its closure plans, from disposing of opened bottles of alcohol to cashing unredeemed poker chips.
With four casinos shutting down in Atlantic City by October, New Jersey is suddenly awash in plans for, well, more casinos. The NYT reports.
Aug 16- When the $2.4 billion Revel Casino opened its doors in 2012, the curvy blue-glass tower was hailed as the wave of the future for Atlantic City, New Jersey.
CNBC anchors, corporate leaders and even New Jersey Governor Chris Christie participated in the ice bucket challenge to raise awareness for ALS, or Lou Gehrig's disease. The ALS Association reports receiving $9.5 million from July 29th to August 15th of this year.
Christie and New Jersey Democrats have said Atlantic City's economy, heavily dependent on casinos, needs to be broadened.
Aug 13- New Jersey Governor Chris Christie said on Wednesday he would convene a bipartisan summit in September to seek ways to rescue Atlantic City from a slump in its mainstay casino business. Atlantic City has struggled with casino closures as neighboring states have lured gamblers away.
A look at Twitter CEO Dick Costolo and CNBC's Carl Quintanilla's video accepting the ice bucket challenge to raise awareness for ALS. Quintanilla has nominated Jeff Bezos, Warren Buffett and John Legere.
New Jersey Gov. Chris Christie posted on his Facebook page a video showing two of his kids dumping a bucket of ice water on his head.
Aug 7- The bankrupt Revel Casino Hotel in Atlantic City, New Jersey, has postponed an auction of the 1,400- room property by a week to Aug. 14 to allow more time to evaluate bids, according to a court filing late on Wednesday.