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  • COLUMN-Oil in Arcadia: John Kemp Monday, 24 Nov 2014 | 9:05 AM ET

    Some of that crude came from states such as North Dakota, Texas and Alaska, and the rest from foreign suppliers like Canada, Saudi Arabia, Venezuela and Nigeria. On Saturday, the New York Times published a carefully researched essay chronicling "The Downside of the Boom" about how " North Dakota took on the oversight of a multi-billion dollar oil industry with a...

  • Health care M&A leads global deal surge Sunday, 23 Nov 2014 | 9:01 AM ET

    "Health care has been a sleepy niche of M&A until recently, but the giant has been awakened," says Ken Menges, a senior partner handling M&A at law firm Akin Gump in New York. To a large extent, the deals are being driven by "cost pressure on the entire health care system," as insurers and government health plans increasingly hold down or even reduce reimbursements to drug,...

  • New Jersey's licensed Internet gambling sites Saturday, 22 Nov 2014 | 4:16 PM ET

    A list of New Jersey's licensed Internet gambling sites:. Caesars Interactive Entertainment-Bally's Atlantic City:. Caesars Interactive Entertainment-Caesars Atlantic City:.

  • Taj Mahal offers to restore workers' health care Saturday, 22 Nov 2014 | 2:38 PM ET

    ATLANTIC CITY, N.J.— The Trump Taj Mahal casino is offering to restore health insurance to its workers as part of a last-ditch effort to keep the struggling Atlantic City casino open. Trump Entertainment Resorts said Saturday it has offered to restore health insurance to its 3,000 workers for at least two years if the union will drop its appeal of a court order...

  • New Jersey again rejects offshore windmill plan Friday, 21 Nov 2014 | 3:16 PM ET

    ATLANTIC CITY, N.J.— New Jersey energy regulators on Friday rejected for the third time a proposed windmill power project off the coast of Atlantic City. The board twice before had rejected the proposal to put five windmills about three miles off the coast of Atlantic City. The U.S. Department of Energy promised up to $47 million for the project in May to the...

  • NYC man gets prison for role in cybercrime ring Friday, 21 Nov 2014 | 1:04 PM ET

    TRENTON, N.J.— A New York City man was sentenced Friday to more than three years in prison for his role in an international cybercrime ring that prosecutors say hacked into the computers of more than a dozen financial institutions and the U.S. military's payroll service. Richard Gundersen received a 41- month prison term and was ordered to pay $88 million in...

  • Desaulniers named AP's New England media director Friday, 21 Nov 2014 | 1:01 PM ET

    BOSTON— Dwayne Desaulniers, a former business and technology director for The Associated Press, has been named the news cooperative's director of local media for New England. "Dwayne brings a great mix of news, technology and entrepreneurial experience to our New England market, as well as an in-depth understanding of AP services and our mission to inform the...

  • US--APNewsAlert, US Friday, 21 Nov 2014 | 12:00 PM ET

    TRENTON, N.J.— US judge nixes plan to allow sports betting at New Jersey casinos, tracks; appeal expected.

  • Unemployment rates fall in two-thirds of US states Friday, 21 Nov 2014 | 10:35 AM ET

    The Labor Department said Friday that unemployment rates rose in just 5 states, the fewest since April. Employers added jobs in 38 states and cut them in 12. The biggest gains occurred in California, which added 41,500; Texas, which gained 35,200; and Florida, which added 34,400.. Nevada reported the largest job loss, a decline of 7,300, followed by New York, where...

  • WASHINGTON, Nov 20- Soon after President Barack Obama announced his immigration plans on Thursday evening, Democrats and Republicans who might be angling for his job in 2016 weighed in on an issue that is almost certain to be at the center of their campaigns. Hillary Clinton, who lost the Democratic nomination to Obama in 2008 and is expected to make a run to be the...

  • Kozy Shack recalls some puddings over labeling Thursday, 20 Nov 2014 | 9:02 PM ET

    ARDEN HILLS, Minn.— Pudding maker Kozy Shack Enterprises is recalling some of its puddings because they are not labeled as containing milk. The product was distributed to 20 states— Connecticut, Florida, Georgia, Illinois, Iowa, Kansas, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Virginia, West...

  • Man admits $20 million Ponzi scheme in New Jersey Thursday, 20 Nov 2014 | 5:47 PM ET

    TRENTON, N.J.— A central New Jersey man has admitted running a $20 million Ponzi scheme. The U.S. attorney's office says the 57- year-old Colts Neck resident persuaded 36 investors to invest $20 million based on promises they would earn 9 percent to 14 percent monthly. Spina was accused of putting only $9.5 million into a trading account and using the remaining...

  • Hertz names John Tague as new CEO Thursday, 20 Nov 2014 | 5:20 PM ET

    NEW YORK— Hertz, which is the midst of correcting past accounting problems, said Thursday that it named John Tague as its new chief executive officer. Hertz announced in June that it needed to review financial reports from the last three years and restate 2011 results. Carl Icahn, the activist investor whose hedge fund owns an 8.5 percent stake in Hertz, said in a...

  • NJ: No proof that Pala CEO knew of cheating Thursday, 20 Nov 2014 | 4:34 PM ET

    ATLANTIC C ITY, N.J.— New Jersey's chief gambling regulator says a preliminary investigation has found no proof that the CEO of a tribal Internet gambling company was involved in or knew of an online cheating scandal at a previous job. David Rebuck, director of the state Division of Gaming Enforcement, said Jim Ryan, chief executive of Pala Interactive, was CEO of a...

  • Family gets $6.75 million in Botox treatment case Thursday, 20 Nov 2014 | 3:41 PM ET

    The verdict, in U.S. District Court in Burlington, came three days after the announcement that Parsippany, New Jersey- based drugmaker Actavis would acquire Botox maker Allergan for $66 billion, one of the biggest acquisitions announced this year. Thursday's verdict came four years after Irvine, California- based Allergan agreed to pay $600 million, pleading...

  • Philly area factories growing by most in 21 years Thursday, 20 Nov 2014 | 10:23 AM ET

    WASHINGTON— Manufacturing in the Philadelphia region grew at the fastest pace in nearly 21 years, a sign that factory output may be picking up nationwide. The Federal Reserve Bank of Philadelphia says its index of regional factory activity jumped to 40.8 in November from 20.7 in October. Jim O'Sullivan, chief U.S. economist at High Frequency Economics, warned...

  • Future dim for Taj Mahal, former Revel casinos Thursday, 20 Nov 2014 | 10:03 AM ET

    Trump Entertainment Resorts has said it will close the casino Dec. 12. Judge Kevin Gross issued an order late Wednesday scheduling the hearing on whether it's time to pull the plug on Trump Entertainment, which is about to close its last remaining casino. Gross also said that the main parties to the case— Trump Entertainment, billionaire Carl Icahn as its main...

  • Experts: Home, baby cameras not secure worldwide Thursday, 20 Nov 2014 | 7:39 AM ET

    LONDON— A child playing in Bucheon, South Korea. The site takes advantage of the fact that camera users receive default passwords to get devices working— such as "1234." Many manufacturers also put default passwords online, Britain's Information Commissioner's Office said Thursday. The ICO is joining with its counterparts in the United States, China, Australia...

  • The Children's Place beats Street 3Q forecasts Thursday, 20 Nov 2014 | 7:09 AM ET

    SECAUCUS, N.J. _ The Children's Place Retail Stores Inc. on Thursday reported fiscal third-quarter profit of $36.9 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.80 per share. For the current quarter ending in January, The Children's Place expects its per-share earnings to range from 83 cents to 93 cents.

  • Judge allows Port Authority toll increase Thursday, 20 Nov 2014 | 6:01 AM ET

    NEW YORK— Motorists will soon pay more to use the Port Authority of New York and New Jersey's bridges and tunnels. A federal judge in Manhattan on Wednesday denied a request by the American Automobile Associations of New York and North Jersey to block next month's toll increase that's part of a four-year phased-in plan that was approved by Port Authority...