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New Jersey

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  • Gov. Christie: Don't react to polls, lead them   Thursday, 21 May 2015 | 7:33 AM ET
    Gov. Christie: Don't react to polls, lead them

    Gov. Chris Christie, (R) New Jersey, shares his thoughts on economic policy and entitlement reform. Also Christie weighs in on wage stagnation and protecting the middle class.

  • South Jersey Gas reapplies to build Pinelands pipeline Thursday, 21 May 2015 | 6:59 AM ET

    UPPER TOWNSHIP, N.J.— South Jersey Gas is again seeking permission to build a 22- mile natural gas pipeline in New Jersey's Pinelands. The company argues the pipeline to the B.L. England Generating Station in Upper Township meets standards for approval. In a statement, New Jersey Sierra Club director Jeff Tittel called the company's decision "outrageous."

  • ATLANTIC CITY, N.J.— The crucial summer season will start with three Atlantic City casinos in bankruptcy and one beset by regular pickets and protests. Union members picketed Thursday evening outside the Trump Taj Mahal, in their seventh protest against the casino or soon-to-be-owner Carl Icahn over health insurance and pension benefits canceled by a...

  • WASHINGTON, May 21- A surge in bank repossessions of properties last month pushed overall foreclosure activity across the United States to an 18- month high, according to a report by industry firm RealtyTrac released on Thursday. "In this particular market, an influx of distressed inventory could actually help stimulate sales during the spring and summer...

  • NEW YORK— A second-generation employee of Bernard Madoff who was one of the earliest government cooperators after the massive Ponzi scheme was revealed was sentenced Wednesday to nine months of home detention. Eric Lipkin, who said he "cannot apologize enough" for his crimes and its impact on thousands of investors, was sentenced in Manhattan by U.S.

  • WASHINGTON— If there was one thing most economists agreed on at the start of the year, it was this: Plunging oil prices would boost the U.S. economy. At $2.71 a gallon, the average price of gas nationwide is nearly $1 lower than it was a year ago. Consider what Federal Reserve Chair Janet Yellen said in December: Lower gas prices, Yellen declared, are "certainly good for...

  • Ex-DEA agent, worker accused of running strip club on sly Wednesday, 20 May 2015 | 11:36 AM ET

    NEW YORK— A high-ranking agent and a telecommunications specialist for the Drug Enforcement Administration were arrested Wednesday on charges they flouted their duties by running a lucrative strip club in New Jersey where prostitution was captured on security video. A criminal complaint unsealed in federal court in New York City identifies David Polos...

  • Stockton head passes on Maine job to unravel Showboat mess Wednesday, 20 May 2015 | 10:57 AM ET

    ATLANTIC CITY, N.J.— The acting president of Stockton University is giving up a university presidency in Maine to help unravel the New Jersey school's stalled deal to convert a former Atlantic City casino into a satellite campus. Harvey Kesselman was named acting president on April 28, with the understanding he would leave Stockton to become president of the...

  • Got a baby? Need some gear? Tips from the NY Baby Show Wednesday, 20 May 2015 | 9:08 AM ET

    NEW YORK— How new or expectant parents navigate the megaworld of baby gear and its precursor, the megaworld of pregnancy gear, is an individual quest. Outfitting a nursery for the first time can be overwhelming, but separating need and want is simple, said Vanessa Antonelli, a nursery designer and baby gear expert. "You can fold it away, take it on the go with you when you...

  • ATLANTIC CITY, N.J.— A New Jersey radio host has missed his show for the first time in 56 years. Pinky Kravitz called out sick from WOND-AM in Atlantic City on May 15. Longport Media President and General Manager Dave Coskey tells The Press of Atlantic City Kravitz underwent heart surgery Monday.

  • Bill Baroni was one of his appointees to the Port Authority of New York and New Jersey. Former Port Authority official David Wildstein, a Christie associate, pleaded guilty this month and said he, Baroni and Kelly concocted the scheme to close access lanes to the bridge from Fort Lee to punish the town's Democratic mayor for not endorsing Christie's re-election...

  • NEW BRUNSWICK, N.J.— Johnson& Johnson is predicting big returns from its prescription drug business, both financially and medically, as it develops treatments and strategies to intervene earlier and prevent or reduce the damage from several conditions, including Alzheimer's disease and diabetes. "We believe we will continue to deliver above-industry growth...

  • Community banks whose customers include small businesses are at a disadvantage because of regulations under the Dodd-Frank Act implemented following the 2008 banking crisis, says Jim Angleton, owner of Aegis FinServ, a Miami- based financial services company. The number of small banks in the U.S. dropped 14 percent after Dodd-Frank was enacted in 2010,...

  • The current authorization to spend money from the federal Highway Trust Fund, which finances most aid to states, expires May 31. A Senate vote is expected later this week. Unable to find a politically acceptable solution, Congress has kept the trust fund teetering on the edge of insolvency since 2008. The extension passed by the House would expire July 31, when...

  • Christie entered a 15- year contract with lottery marketing and sales company Northstar New Jersey Lottery Group in 2013 to oversee parts of the state lottery, but revenues have been missing projections. Treasurer Andrew Sidamon-Eristoff presented the state Senate Budget Committee on Tuesday with the latest revenue figures showing the lottery is...

  • ATLANTA— United Parcel Service Co. agreed to pay more than $25 million to settle complaints that it kept false records to hide late deliveries and collect more for overnight packages to government customers. The Department of Justice said Tuesday that the payment settles a whistleblower lawsuit filed by a former UPS employee, who will get $3.75 million.

  • WASHINGTON, May 19- UPS has agreed to pay $25 million to settle some allegations that it submitted false claims to the U.S. government in an attempt to hide late deliveries, according court documents unsealed on Tuesday and released by the U.S. Department of Justice. The federal government as well as nineteen states, the District of Columbia and the cities of...

  • House panel unveils $578.6 billion for defense spending Tuesday, 19 May 2015 | 10:38 AM ET

    The spending bill, which mirrors the broad defense policy bill the House passed last week, is to be considered Wednesday by the defense subcommittee of the House Appropriations Committee. "This bill makes the most of a very tight budget, utilizing all resources to ensure that our military remains the best in the world and that they are ready and able to protect all...

  • TRENTON, N.J.— New Jersey drivers won't have to pump their own gas any time soon. Senate President Steve Sweeney said on Tuesday that recently introduced measures to roll back the law requiring gas station attendants to pump gas will not be posted as long as he's in charge. Republican Assemblyman Declan O'Scanlon and Sen.

  • "The public would never accept an airline operation with a single person in the cockpit," the Brotherhood of Locomotive Engineers and Trainmen said in a statement. Brandon Bostian, 32, was alone in the locomotive of Train 188 when it derailed May 12, about 10 minutes after departing Philadelphia for New York. Amtrak hasn't had a second crew member in the locomotive...