New Jersey


  • School spending by affluent is widening wealth gap Tuesday, 30 Sep 2014 | 12:40 PM ET

    WASHINGTON— Education is supposed to help bridge the gap between the wealthiest people and everyone else. Ask the experts, and they'll count the ways:. When the Great Recession struck in late 2007 and squeezed most family budgets, the top 10 percent of earners— with incomes averaging $253,146— went in a different direction: They doubled down on their kids' futures.

  • Johnson & Johnson buying Alios for $1.75B Tuesday, 30 Sep 2014 | 9:08 AM ET

    NEW BRUNSWICK, N.J.— Johnson& Johnson is buying the biopharmaceutical company Alios BioPharma Inc. for about $1.75 billion.

  • Viagra ads target women for 1st time Tuesday, 30 Sep 2014 | 5:02 AM ET

    TRENTON, N.J.— The maker of the world's top-selling erectile dysfunction drug on Tuesday will begin airing the first Viagra TV commercial that targets the less-obvious sufferers of the sexual condition: women.

  • California becomes first state to ban plastic bags Tuesday, 30 Sep 2014 | 3:00 AM ET

    Alex Padilla, D- Los Angeles, credits the momentum for statewide legislation to the more than 100 cities and counties, including Los Angeles and San Francisco, that already have such bans. The measure marks a major milestone for environmental activists who have successfully pushed plastic bag bans in cities across the U.S., including Chicago, Austin and Seattle.

  • Revel casino auction to continue on Tuesday Tuesday, 30 Sep 2014 | 1:58 AM ET

    ATLANTIC CITY, N.J.— A bankruptcy court auction for Revel, the failed luxury casino-hotel on the Atlantic City Boardwalk, is scheduled to resume. The lone bid made public thus far is $90 million from Florida developer Glenn Straub, who envisions a gathering place for "geniuses" tackling a number of problems, with or without a casino.

  • Sept 29- The Florida developer who entered the first bid in an auction for Atlantic City, New Jersey's Revel Casino Hotel, which closed its doors this month, said on Monday he plans to challenge the results if he loses, because the process lacked transparency.

  • Bidder for AC's Revel to contest auction if he loses Monday, 29 Sep 2014 | 6:11 PM ET
    The Revel Casino in Atlantic City on July 30, 2014.

    The Florida developer who entered the first bid in an auction for Atlantic City, New Jersey's Revel Casino Hotel says the process lacked transparency.

  • Another card system hack at Supervalu, Albertsons Monday, 29 Sep 2014 | 5:44 PM ET

    NEW YORK— Card data of Supervalu and Albertsons shoppers may be at risk in another hack, the two supermarket companies said Monday. Supervalu said the malware was installed on a network that processes card transactions at several chains, but it believes data was only taken from certain checkout lanes at four Cub Foods stores in Minnesota.

  • Wal-Mart: Morgan wasn't wearing seatbelt in crash Monday, 29 Sep 2014 | 4:41 PM ET

    NEWARK, N.J.— An attorney representing actor-comedian Tracy Morgan says it's "appalling" that Wal-Mart calls Morgan partly to blame for injuries he suffered in a New Jersey highway accident involving one of the company's trucks.

  • WASHINGTON, Sept 29- Bras, girdles and leggings infused with caffeine and sold as weight loss aids were more decaf than espresso, and the companies that sold them have agreed to refund money to customers and pull their ads, U.S. regulators said on Monday.

  • AP: Mayor nixes tax break to save Taj Mahal casino Monday, 29 Sep 2014 | 12:36 PM ET

    ATLANTIC CITY, New Jersey— Billionaire Carl Icahn is considering spending $100 million to save the Trump Taj Mahal casino from closing.

  • Report: Gambling industry paid out $38B in taxes Monday, 29 Sep 2014 | 12:19 PM ET

    LAS VEGAS— The gambling industry nationwide paid out a jackpot-worthy $38 billion in federal, state and local taxes in 2013, according to a report from the American Gaming Association. The Associated Press obtained a copy of the report's tax revenue figures before its release Tuesday.

  • JetBlue and El Al Israel to broaden cooperation Monday, 29 Sep 2014 | 11:18 AM ET

    NEW YORK— JetBlue and El Al Israel Airlines plan to expand their partnership, allowing El Al sell seats on some JetBlue flights to and from the New York area. If approved, El Al plans to put its "LY" code on certain JetBlue- operated flights to and from John F. Kennedy International Airport in New York and Liberty airport in Newark, New Jersey.

  • Macy's joins others in a big holiday hiring spree Monday, 29 Sep 2014 | 8:46 AM ET

    The department store chain, which also operates Bloomingdale's, said Monday that the growth is being fueled by its expanding online business.

  • For 1 New Jersey candidate, the issue is gold Monday, 29 Sep 2014 | 8:33 AM ET

    NEW BRUNSWICK, N.J.— Republican Jeff Bell spent three decades in Washington working on policy and wrote a book promoting all aspects of social conservatism. But so far his campaign for the U.S. Senate has centered on just one issue: returning the United States to the gold standard.

  • HERZOGENAURACH, Germany, Sept 28- Adidas needs world-class designers, brand experts and technical whizzkids to improve its image against U.S. rival Nike, but persuading them to move to its headquarters in rural Germany is difficult.

  • Fatality near NY-New Jersey bridge snarls traffic Friday, 26 Sep 2014 | 6:39 AM ET

    RIDGEFIELD PARK, N.J.— A fatal crash on a New Jersey interstate near the George Washington Bridge has snarled traffic headed to Manhattan and New England. Trooper Alina Spies with the New Jersey State Police says a tractor-trailer and an SUV crashed on Interstate 95 just before 5 a.m. Friday in the northbound lanes in Ridgefield Park.

  • At a glance: Gasoline prices by state Thursday, 25 Sep 2014 | 4:56 PM ET

    The usual autumn decline of the price of gasoline is getting an assist from lower global oil prices. Up to 30 states could see an average price below $3 a gallon by the end of the year. Source: AAA, OPIS and Wright Express.

  • Christie pension commission warns of shortfalls Thursday, 25 Sep 2014 | 4:27 PM ET

    TRENTON, N.J.— A commission convened by Gov. Chris Christie to look into the health benefits and pension liabilities for public employees reported Thursday that the costs threaten to put a $90 billion drain on New Jersey's future state budgets.

  • NEW YORK/ BEIRUT, Sept 25- French fighter jets struck Islamic State targets in Iraq on Thursday and the United States hit them in Syria, as a U.S.-led coalition to fight the militants gained momentum with an announcement that Britain would join.