New Jersey


  • Final arguments set in NJ eminent domain case Tuesday, 21 Oct 2014 | 2:54 AM ET

    ATLANTIC CITY, N.J.— A Superior Court judge was scheduled to hear final arguments in an eminent domain case between a New Jersey man and the Casino Reinvestment Development Authority. The Atlantic City piano-tuner uses the first floor of the building, which sits in the shadow of the closed Revel Casino Hotel, for his business and rents the top two floors to tenants.

  • America says no to cappuccino potato chips Monday, 20 Oct 2014 | 10:01 PM ET

    Parent company PepsiCo Inc. says about 1 million total votes were cast online for the "Do Us A Flavor" promotion, a sales driver it has launched in more than a dozen countries. The winner, Meneko Spigner McBeth, was to be informed at a dinner for finalists Monday night in New York City, with an announcement from the company expected Tuesday. McBeth, a registered nurse...

  • Casino resisting Donald Trump's bid to remove name Monday, 20 Oct 2014 | 2:52 PM ET

    The real estate mogul and his daughter Ivanka Trump are suing Trump Entertainment Resorts, which he once ran, in state Superior Court, demanding that the Trump name come off the Taj Mahal as well. Ivanka Trump said on Monday that she and her father "vehemently disagree" with Trump Entertainment's stance regarding use of the Trump name and the claims the company...

  • Property fight goes on, even after Revel's closing Monday, 20 Oct 2014 | 9:55 AM ET

    ATLANTIC CITY, N.J.— A New Jersey man battling the state to save his family home in the shadow of the closed Revel Casino Hotel may soon get a resolution to his eminent domain fight. A Superior Court judge is scheduled to hear final arguments in Charlie Birnbaum's case against the Casino Reinvestment Development Authority on Tuesday, though it's unclear when a...

  • Panel votes no to new affordable housing rules Monday, 20 Oct 2014 | 3:30 AM ET

    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.

  • Urgent-care clinics ill-equipped to treat Ebola Monday, 20 Oct 2014 | 1:10 AM ET

    When a Dallas County sheriff's deputy who had entered the apartment of the first patient to die from Ebola in the U.S. started feeling ill himself, he didn't rush to the nearest hospital. So did a man who recently traveled to West Africa and was complaining of flu-like symptoms, prompting the suburban Boston urgent-care practice where he went to briefly shut down...

  • As debt mounts, Caesars in talks with lenders Friday, 17 Oct 2014 | 6:29 PM ET

    LAS VEGAS— Caesars Entertainment said Friday it is prepared to start formal discussions with some of its bank lenders as it works to reduce its debt and stave off what some see as near certain bankruptcy. In recent years the company has spun off multiple divisions in an attempt to shape up its finances, including Caesars Entertainment Resort Properties and...

  • Oct 17- The bankrupt Trump Taj Mahal casino received court approval on Friday to break its labor agreement, a key condition for a rescue deal with billionaire Carl Icahn, and the union promptly announced a plan to picket the Atlantic City, New Jersey hotel. Parent company Trump Entertainment Resorts Inc has said trimming $14.6 million from its annual union...

  • Man sentenced for part in global cybercrime ring Friday, 17 Oct 2014 | 2:16 PM ET

    TRENTON, N.J.— A Massachusetts man who was part of an international cybercrime ring that the government says hacked into the computers of more than a dozen financial institutions and the U.S. military's payroll service was sentenced Friday to 2½ years in prison. Lamar Taylor, 38, of Salem, Massachusetts, was also ordered to pay restitution of $338,649.

  • Oct 17- Honeywell International Inc, a diversified manufacturer of aircraft parts and electronic equipment, posted a better-than-expected third-quarter profit, helped partly by higher margins in its key aerospace business. It's just a matter of time and the stars lining up, " Tom Szlosek, senior vice president and chief financial officer at Honeywell, said in...

  • Honeywell tops Street 3Q forecasts Friday, 17 Oct 2014 | 7:12 AM ET

    MORRISTOWN, N.J. _ Honeywell International Inc. on Friday reported third-quarter earnings of $1.17 billion. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.41 per share. Honeywell expects full-year earnings in the range of $5.50 to $5.55 per share, with revenue in the range of $40.3 billion to $40.4 billion.

  • Judge voids Taj Mahal casino union contract Friday, 17 Oct 2014 | 2:07 AM ET

    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, Oct 17- The top 113 earners among staff at the Federal Reserve's Washington headquarters make an average of $246,506 per year, excluding bonuses and other benefits- more than Fed Chair Janet Yellen and nearly double the normal top government rate. Yellen, whose salary is set by Congress, earns $201,700 a year. "It certainly bolsters the case for more...

  • AtlantiCare helping laid off casino workers Thursday, 16 Oct 2014 | 5:33 PM ET

    ATLANTIC CITY, N.J.— Laid-off Atlantic City casino workers are getting some help with health care and insurance. The AtlantiCare health care system on Thursday unveiled a program to assist those who recently lost jobs and health coverage through one of the four Atlantic City casino closings this year at the Atlantic Club, Showboat, Revel and Trump Plaza.

  • Cytec beats Street 3Q forecasts Thursday, 16 Oct 2014 | 5:01 PM ET

    WEST PATERSON, N.J. _ Cytec Industries Inc. on Thursday reported net income of $53.6 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 73 cents per share. Analysts expected $504.7 million, according to Zacks.

  • New Jersey's unemployment rate drops slightly Thursday, 16 Oct 2014 | 11:48 AM ET

    TRENTON, N.J.— New Jersey's overall employment picture improved slightly last month despite the loss of more than 6,000 jobs in three Atlantic City casinos that shut down. The state says the unemployment rate dropped a tick to 6.5 percent in September as public-sector hiring picked up— largely because of state colleges and universities hiring.

  • Hackensack, Meridian Health planning merger Thursday, 16 Oct 2014 | 11:00 AM ET

    Meridian Health and Hackensack University Health Network officials said Thursday that they have signed a memorandum of understanding and are working toward a merger. "Today's announcement brings us one step closer to providing our counties and surrounding regions with a strong community and patient-focused health care system while becoming a national...

  • Factories in Philadelphia area grow more slowly Thursday, 16 Oct 2014 | 10:33 AM ET

    WASHINGTON— A measure of factory activity in the Philadelphia region slipped last month, but remained at a healthy level, evidence that U.S. manufacturing output is holding up despite signs of a global slowdown. The Federal Reserve Bank of Philadelphia said Thursday that its index of regional factory activity slipped to 20.7 from 22.5 in September.

  • Mayo Clinic files lawsuit against former executive Thursday, 16 Oct 2014 | 10:04 AM ET

    ROCHESTER, Minn.— A former top executive at the Mayo Clinic was secretly hired by a competitor but continued to work for the medical practice and research group so he could steal trade secrets, the Rochester- based clinic alleged in a lawsuit. Franklin R. Cockerill III, the president and CEO of Mayo Medical Labs for eight years, alleging misappropriation of trade...

  • New Jersey will OK real-money skill gambling Thursday, 16 Oct 2014 | 2:12 AM ET

    But New Jersey gambling regulators want to let you do it for real money. The state Division of Gaming Enforcement says it is seeking game developers' proposals to conduct real-money gambling on skill-based games, which would make New Jersey a nationwide laboratory for a betting phenomenon many have predicted will become the next big thing.