New Jersey


  • *Investors fret over Argentina default fallout, Russia tensions. Problems in overseas economies added to the bearish tone, with Argentina defaulting on its debt for the second time in 12 years.

  • *Investors fret over Argentina default fallout, Russia tensions. Problems in overseas economies added to the bearish tone, with Argentina defaulting on its debt for the second time in 12 years.

  • Network planned to bring shale power to East Coast Thursday, 31 Jul 2014 | 1:46 PM ET

    HARRISBURG, Pa.— PPL Corp. said Thursday it wants to spend billions of dollars to build a 725- mile system of electric transmission lines that will bring energy from the booming Marcellus Shale natural gas fields to customers on the heavily populated Eastern Seaboard.

  • WASHINGTON, July 31- The new head of the U.S. derivatives regulator on Thursday pledged he would be a tough cop now that the agency has largely finished a raft of new rules to oversee the $710 trillion global swaps market.

  • ADP 4Q profit climbs as revenue improves Thursday, 31 Jul 2014 | 12:25 PM ET

    ROSELAND, N.J.— Automatic Data Processing Inc.' s fiscal fourth-quarter net income climbed 27 percent as revenue improved across its businesses. The Roseland, New Jersey company's net income increased to $288.7 million, or 60 cents per share, from $227 million, or 47 cents per share, a year ago.

  • Home owned by Trump holdout auctioned for $530,000 Thursday, 31 Jul 2014 | 1:02 AM ET

    The woman who became a folk hero for resisting decades-long efforts by big-name developers like Trump to displace her Atlantic City boardinghouse is now 86 and, at last, has sold.

  • Judge tosses lawsuit by NY ports' largest operator Wednesday, 30 Jul 2014 | 1:24 PM ET

    The ruling rejected claims made in 2012 by Maher Terminals that the Port Authority charged excessive and discriminatory fees. Maher Terminals has operated at the Elizabeth-Port Authority Marine Terminal for more than 60 years and leases a 445- acre terminal from the Port Authority that it uses to load and unload cargo containers.

  • July 30- Hess Corp said on Wednesday it would form a master limited partnership for its North Dakota oil and natural gas storage facilities and processing plants, taking advantage of a key financial trend in the energy sector to generate cash.

  • Prison for fraudster who lied about booking Bieber Wednesday, 30 Jul 2014 | 3:56 AM ET

    NEW YORK— A New York man who stole millions of dollars from clients by falsely promising to book performances by world-famous recording artists like Rihanna, Lady Gaga and Justin Bieber has been sentenced to five to 10 years in prison. Manhattan District Attorney Cyrus Vance Jr. announced the sentencing of 39- year-old Meceo McEaddy on Tuesday.

  • Terror threats at chemical plants underestimated Wednesday, 30 Jul 2014 | 2:40 AM ET

    The yearlong investigation by Republican staff on the Senate Homeland Security Committee paints a portrait of inspection delays, government errors in risk assessment and industry loopholes in a $595 million terror prevention program passed by Congress in 2006..

  • Ticket me Elmo: NYC weighs street character law Wednesday, 30 Jul 2014 | 1:39 AM ET

    NEW YORK— A summer spike in costumed characters behaving badly in Times Square— most recently a Spider-Man accused of punching a police officer— has turned up the heat on plans to regulate the legions of Elmos, Cookie Monsters and Statues of Liberty who often demand money for posing in photos with tourists.

  • Vending firm ex-official sentenced in Pepsi scheme Tuesday, 29 Jul 2014 | 7:05 PM ET

    NEWARK, N.J.— A former official of a New Jersey- based vending company has been sentenced to prison time for his role in a scheme that defrauded the Pepsi Bottling Group of $2.9 million over a 10- year period.

  • *Wall St little changed as industrials, techs weigh; telecoms gain. NEW YORK, July 29- World share markets hovered just below all-time highs on Tuesday as investors drew encouragement from a rally in China, while Russian stocks enjoyed some respite after three days of heavy selling.

  • NEW YORK, July 29- The U.S. dollar hit fresh eight-month highs against the euro on Tuesday and rose slightly against the yen and Swiss franc as traders awaited U.S. economic data and a potentially more hawkish tone from the Federal Reserve.

  • Disabled commuter train to NYC cleared from tracks Tuesday, 29 Jul 2014 | 9:24 AM ET

    The Northeast Corridor train, carrying about 1,000 passengers, was scheduled to arrive at Penn Station at 8:39 a.m. but broke down near 10th Avenue, said NJ Transit spokesman William Smith.

  • Merck 2Q profit more than doubles Tuesday, 29 Jul 2014 | 7:28 AM ET

    The maker of popular Type 2 diabetes pill Januvia said Tuesday that net income increased to $2 billion, or 68 cents per share, from $906 million, or 30 cents per share, in the same quarter a year earlier.

  • Indian senior community part of growing niche Tuesday, 29 Jul 2014 | 5:04 AM ET

    TAVARES, Fla.— When Arun and Usha Pancholi were deciding where to spend their retirement years, they wanted a place that combined the culture and camaraderie of life in India with the comforts and conveniences they had grown accustomed to after nearly five decades in Minnesota and Ohio.

  • Safety board finds fault in derailment, response Tuesday, 29 Jul 2014 | 3:31 AM ET

    Systemic errors led to a 2012 train derailment in New Jersey that released a dangerous gas into the air, sickening residents and emergency responders, the National Transportation Safety Board said Tuesday in a scathing report. NTSB member Robert Sumwalt said in the meeting in Washington that he often describes emergency responses as "organized chaos."

  • WASHINGTON, July 28- Nasdaq OMX's chief urged U.S. regulators on Monday to re-examine the pricing model that stock exchanges use to attract trading, joining the debate about a fee-based incentive for traders that has come under scrutiny in recent months. New Jersey Republican Representative Scott Garrett to explore potential equity market reforms.

  • House bill lets airlines advertise pre-tax fares Monday, 28 Jul 2014 | 2:32 PM ET

    WASHINGTON— In a victory for airlines and their workers' unions, the House rejected consumers' complaints and easily passed legislation Monday letting airline advertising emphasize the base price of tickets, before taxes and fees are added.