The family decided to take a lump sum payment of $14 million, which is worth about $10 million after taxes.» Read More
James Whelan, a former Atlantic City mayor, and Assemblymen Vince Mazzeo and Chris Brown wrote Tuesday to the state Casino Control Commission asking for the delay.
RALEIGH, N.C.— An information technology consulting company plans to create 250 jobs in Charlotte within five years as it hopes to serve the city's big banks.
NEWARK, N.J.— Federal officials say United Airlines repeatedly put workers at Newark Liberty International Airport in danger of being injured by falls or by falling objects and other workplace hazards. OSHA said some of the citations are for repeat violations that were first cited in 2011..
*EU threatens Russia with more sanctions, but words ring hollow. NEW YORK, July 22- U.S. stocks rose on Tuesday as inflation data was seen keeping the Federal Reserve in an equities-friendly tone, while hopes rose for an easing of tensions in Ukraine.
When U.S. and European airlines quickly canceled flights to Israel Tuesday, they showed both a skittishness and a new sense of urgency in dealing with global trouble spots following last week's downing of a passenger plane over Ukraine.
NEW YORK— CIT Group will buy privately owned OneWest Bank in a $3.4 billion cash-and-stock deal. IMB shareholders will receive $2 billion in cash and 31.3 million CIT Group shares that are currently valued at $1.4 billion. OneWest will merge with CIT Group's banking subsidiary CIT Bank, and all locations will operate under the CIT Bank sign.
NEW BRUNSWICK, N.J.— Johnson& Johnson, the world's biggest maker of health care products, plans to buy back up to $5 billion of the company's common stock. Johnson& Johnson's shares have risen strongly over the past two years, from about $68 to a July 7 all-time closing high of $106.47.
Microsoft makes design central to its future. Before Ralf Groene helped devise the look and feel of Microsoft's Surface tablet, he designed food— or "food concepts," he says, such as dried noodles that come wrapped around a pair of chopsticks and a fork that squeezes out sauce.
ATLANTIC CITY, N.J.— Yomary Blanco cleans rooms at Trump Plaza, one of three Atlantic City casinos that could shut down by September. Her husband works the buffet at the Showboat, which is scheduled to close on Aug. 31.
So Campbell is turning to organic varieties that come in rectangular cartons to help boost its struggling soup sales. In hopes of addressing that perception, Campbell has also been revamping recipes to improve taste and in late 2012 rolled out a line of "Go" soups that come in pouches and can be microwaved in a few minutes.
HARRISBURG, Pa.— Pennsylvania received its third bond downgrade in two years Monday, after Gov.
Developers of the program say New Orleans is the first U.S. city to participate in a large-scale recycling effort launched in Canada last year. Trenton, New Jersey- based recycling company TerraCycle Inc. developed the program in 2012. The first citywide receptacles were placed in Vancouver, British Columbia, in November 2013.
NEW YORK, July 21- Major global stock markets fell and bond prices rallied on Monday as worries over conflict in the Gaza Strip and Ukraine raised uncertainty for investors and kept them away from riskier assets.
NEW YORK, July 21- U.S. stocks fell on Monday, following the sharpest moves in indexes in the past three months during the two previous sessions, as developments in Ukraine and Gaza continue to garner investor focus.
*EMC jumps on report of activist investor stake. NEW YORK, July 21- U.S. stocks fell on Monday, following the sharpest moves in indexes in the past three months during the two previous sessions, as developments in Ukraine and the Gaza Strip continue to garner investor focus.
Here is a look at how gambling revenue and employment have changed since casinos launched in Atlantic City in 1978:. Dec. 29, 1979: Bally's Atlantic City opens. Aug. 13, 1980: Sands Casino Hotel opens.
ATLANTIC CITY, N.J.— Even before a slew of casino closings hit Atlantic City, gambling operators, government officials and regulators had been working to improve the resort's prospects.
ATLANTIC CITY, N.J.— The rapid disintegration of Atlantic City's casino market might be an early indicator of what could happen in other parts of the country that have too many casinos and not enough gamblers. James Whelan, a former Atlantic City mayor.
Millions of Americans with shoddy credit records are obtaining used car loans, resembling the subprime mortgage mess, The NYT found.
A Congressional Budget Office report earlier this year lent some support for that view. It found that a minimum wage of $10.10 an hour, as President Obama supports, could cost 500,000 jobs nationwide.