The billionaire investor may spend as much as $100 million to save the troubled casino, but the offer comes with considerable strings attached.» Read More
ATLANTIC CITY, N.J.— A New Jersey lawmaker has come up with a way to generate some new buzz in Atlantic City: Let people drink on the Boardwalk and beach. But he also said Atlantic City should loosen up about letting people carry open containers of alcohol.
Sept 24- The U.S. Food and Drug Administration issued warning letters to three privately held companies marketing treatments that claim to prevent or treat Ebola. The letters were sent to Newton, New Jersey- based Natural Solutions Foundation, Utah- based dTERRA International LLC and Utah- based Young Living.
Montclair, N.J., Sept 24- The New York City suburb of Montclair, New Jersey, may be picturesque, but its roads are a mess. Just paving them would cost $9 million, not including curbs and other features, Montclair Mayor Robert Jackson told state lawmakers on Wednesday.
Indexes added to gains and hit session highs after Chicago Federal Reserve Bank President Charles Evans said the central bank should be "exceptionally patient" in removing monetary policy accommodation at a Peterson Institute conference on labor market slack.
ATLANTIC CITY, N.J.— Games of mini-baccarat played at the Golden Nugget two years ago with unshuffled cards in which gamblers won $1.5 million did not violate any rules or laws, New Jersey casino regulators ruled.
EL PASO, Texas— An official at a Texas hospital where a nurse assistant potentially exposed more than 750 infants to tuberculosis said Tuesday that her symptoms were discovered in July but that more than a month passed before she was tested for the infectious lung disease.
The lawyer for a Florida developer who has offered $90 million for the former Revel Casino Hotel says multiple offers have been received for it, and an auction will be held Wednesday.
ATLANTIC CITY, N.J.— A bankruptcy court auction for Revel, the failed luxury casino-hotel on the Atlantic City Boardwalk, will resume on Tuesday. 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.
ATLANTIC CITY, N.J.— The lawyer for a Florida developer who has offered $90 million for the former Revel Casino Hotel in Atlantic City says multiple offers have been received for it, and an auction will be held Wednesday.
UNION, N.J.— Bed Bath& Beyond Inc. on Tuesday reported fiscal second-quarter profit of $224 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.14 per share. Analysts expected $2.9 billion, according to Zacks.
Trump Entertainment did not immediately respond to a request for comment Tuesday. As of Sept. 9, when Trump Entertainment filed for bankruptcy, the casino company owed Tozour $251,373.
NEW YORK/ LONDON, Sept 23- Gold rose on Tuesday after the first U.S.-led airstrikes against Islamic State and other militants inside Syria, but early gains evaporated amid a lack of followthrough buying.
Funding for transportation projects has long been simmering as an issue in New Jersey. Chris Christie nominated Democrat Jamie Fox to head the state's transportation department, and he was confirmed by the state Senate on Monday. The Port Authority of New York and New Jersey is paying for an additional $375 million in New Jersey projects.
CHARLESTON, W.Va.— Federal regulators claim that three men used insider information to profit illegally from Arch Coal's acquisition of International Coal Group. Frank Tamayo schemed with two other men to generate more than $5.6 million in profits from 13 mergers and acquisitions, the U.S. Securities and Exchange Commission says in a lawsuit.
Carl Icahn is mulling whether to infuse the Trump Taj Mahal with $100 million, but only with a specific set of caveats, the New York Post reports.
Thousands more are expected to pack New York's Times Square to watch his address in Hindi on big screens as well as smaller viewing parties around the country and on TV in India. The Indian diaspora hopes this visit by a leader who was until recently barred from the United States will signify India's importance not only on these shores but in wider the world too.
NEW YORK, Sept 22- A federal judge rejected Westgate Capital Management LLC founder James Nicholson's request to shorten his 40- year prison term for running a $140 million Ponzi scheme at his hedge fund firm, likening it to the much larger fraud run by Bernard Madoff.
Trump Entertainment Resorts filed a motion in federal bankruptcy court in Delaware on Monday, seeking permission to sell off items from Trump Plaza, which closed last week. Trump Entertainment CEO Bob Griffin said the proposed sale includes older slot machines from Trump Plaza, but could not say how many might eventually be sold.
NEW YORK, Sept 22- Concern about a potential economic slowdown in China pressured world stock indexes on Monday while Brent crude oil fell below $97 a barrel on sluggish demand and ample supplies.
MARLTON, N.J.— A southern New Jersey firm that manages construction projects around the world is planning to move its headquarters to Philadelphia in the latest move in a battle between New Jersey and Pennsylvania for businesses. Tom Corbett announced the move of Hill International Inc., on Monday.