Reforms in the New York budget have made that state a better place for business, according to Tax Foundation analysis. Which state came in last?» Read More
*Appeals court says case did not belong in New Jersey. *Diane Sawyer, Michael Bloomberg, Rahm Emanuel were victims. The 3rd U.S. Circuit Court of Appeals said the prosecution of Andrew Auernheimer did not belong in New Jersey, hundreds of miles from his alleged crimes, and as a result, his November 2012 conviction and 41- month prison sentence could not stand.
Andrew Auernheimer, who was living in Arkansas at the time, should not have been indicted in New Jersey, the 3rd U.S. Circuit Court of Appeals found.
LOS ANGELES— Comedian and writer Carol Leifer has something serious to say in her new book, "How to Succeed in Business Without Really Crying." Third, it's more fun to read a how-to guide with anecdotes about Jerry Seinfeld, Bryan Cranston and Frank Sinatra than one without them.
April 10- Phibro Animal Health Corp's initial public offering was priced at $15 per share, an underwriter said, below its expected price range of $16- $18 per share. Backed by UK private equity firm 3 i Group Plc, Teaneck, New Jersey- based Phibro is selling 7.352 million shares in the offering.
WASHINGTON, April 10- More than 7.5 million people are expected to sign up for private health coverage this year under President Barack Obama's healthcare law, the top U.S. health official said on Thursday.
ROSELAND, N.J.— ADP will spin off into a separate, publicly traded company its business that provides services to auto dealerships. The business that is being carved off provides retail and digital marketing services to automakers and dealers and has nearly $2 billion in revenue a year.
Democrats countered with a plan that would leave Obama's health care plan and rapidly growing health programs like Medicare intact, relying on $1.5 trillion in tax hikes over the coming decade to bring deficits down to sustainable but still-large levels in the $600 billion range.
"The more accurate we can make our premiums the more savings we can provide," said Kristina Baldwin, an assistant vice president at the Property Casualty Insurers Association of America, a trade group.
UNION, N.J.— Bed Bath& Beyond Inc. reported that weaker sales helped drive its fiscal fourth-quarter profit down nearly 11 percent. Bed Bath& Beyond earned $333.3 million, or $1.60 per share, for the quarter that ended March 1. Bed Bath& Beyond has 1,496 stores in North America under its namesake brand, as well as Cost Plus, buybuy Baby and others.
April 9- Kristin Dolan, a Cablevision executive who is also married to Chief Executive Officer James Dolan, will become chief operating officer, the cable TV provider said on Wednesday. Cablevision has not had a chief operating officer since Tom Rutledge left in 2011. He later became chief executive of Charter Communications.
*Alcoa's results help boost sentiment, shares rise 3.8 percent. Stocks on Wall Street jumped, with the Nasdaq rising more than 1 percent, and prices for U.S. government debt fell.
NEWARK, N.J.— In a story April 8 about the sale of matzo maker Manischewitz, The Associated Press reported erroneously that the company also makes wine. NEWARK, N.J.— Matzo maker Manischewitz has been sold, just in time for the Passover Seder meal.
*Alcoa's results boost sentiment, shares rise 3.5 percent. U.S. stocks rose for a second session, buoyed after Alcoa late Tuesday reported quarterly results that topped analysts' expectations, even though the company's adjusted profit fell due to declining aluminum prices.
*Alcoa's better-than-expected results boost investor sentiment. NEW YORK, April 9- U.S. and European equity markets rose on Wednesday after Alcoa's better-than-expected results boosted investor sentiment on first-quarter corporate earnings, while the dollar gained on hopes for higher U.S. economic growth after a bitter winter.
ATLANTIC CITY, N.J.— Atlantic City's main casino workers' union says Revel Casino Hotel is worth between $25 million and $73 million. The casino, which is seeking a buyer, cost $2.4 billion to build. "We want potential buyers to fully understand Revel's financial position," said Ben Begleiter, a research analyst for the union.
NEW YORK, April 9- U.S. stocks edged higher on Wednesday, putting the S&P 500 on track for a second straight advance, in the wake of earnings from Alcoa and ahead of the minutes from the last Federal Reserve meeting.
TRENTON, N.J.— Judge: Governor's ex-aides not required to produce documents on New Jersey lane closures.
*U.S. to sell $21 billion in 10- year note supply. *Fed to buy $900 million to $1.15 billion in long-dated bonds. NEW YORK, April 9- U.S.
LOWER ALLOWAYS CREEK TOWNSHIP, N.J.— Workers have manually shut down the Salem 1 nuclear power plant in southern New Jersey after they saw lower steam generator water levels. The Nuclear Regulatory Commission says Wednesday night's action followed a problem with a steam generator feedwater pump.
WASHINGTON— Draft messages produced for a Twitter- like service in Cuba that the U.S. government secretly funded were overtly political, documents obtained by The Associated Press show, even though the Obama administration has said the program had a more-neutral purpose.