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  • Philly to find out whether it gets a second casino Sunday, 16 Nov 2014 | 10:46 AM ET

    Gamblers from southeastern Pennsylvania and across the border into New Jersey already have their pick of four nearby casinos. "There's no way this market can handle another casino," said Alan Woinski, president of Gaming USA, a New Jersey- based consulting and publishing company. Two want to build downtown, while two others propose building near the sports...

  • Year 2 of exchanges: Experience but new challenges Sunday, 16 Nov 2014 | 10:09 AM ET

    TRENTON, N.J.— The second time around for the health insurance exchange means New Jersey advocates for the program have experience, but it also brings the challenge of trying to persuade more people to sign up when those most willing already have. Coupled with a surge in Medicaid enrollment driven by expanded eligibility and people attempting to sign up for the...

  • Nov 16- Just how much of Harold Hamm's fortune was amassed through his skill and hard work? That was a key question that Oklahoma divorce judge Howard Haralson had to weigh in his decision last week, when he ordered Hamm, the chief executive officer of Continental Resources- and Oklahoma's richest person- to hand over more than $1 billion in cash and assets to his...

  • Health care push comes to bars, nail salons Saturday, 15 Nov 2014 | 12:24 PM ET

    "We've had great success at laundromats," said Robin Stockton, the navigator program director for the Center for Family Services, a nonprofit based in Camden, New Jersey. The Obama administration aims to have 9.1 million paying customers enrolled in 2015. That's well below the 13 million that the Congressional Budget Office had projected.

  • Bane of the Northeast Corridor is due for upgrade Saturday, 15 Nov 2014 | 11:31 AM ET

    A regular cause of delays on the heavily traveled Northeast Corridor between Washington, D.C., and Boston, the 104- year-old Portal Bridge over the Hackensack River in northern New Jersey is viewed as the embodiment of aging railroad infrastructure in dire need of upgrading to accommodate increasing demand in the region. While major projects such as the...

  • Could tight market push NY to go slow on casinos? Saturday, 15 Nov 2014 | 10:42 AM ET

    After New York voters approved four upstate casinos last November, four Atlantic City casinos have closed, gambling profits plunged from Connecticut to Mississippi, and new casinos opened or were greenlighted in Maryland, Pennsylvania and Massachusetts. "Gaming revenues are going to Connecticut, Pennsylvania, New Jersey," said Jeffrey Hyman of the proposed...

  • Zoetis adopts shareholder rights plan Friday, 14 Nov 2014 | 5:47 PM ET

    Zoetis Inc. said Friday that it has adopted a one-year shareholder rights plan. Zoetis said the plan would enable existing shareholders a right to buy preferred stock if a person or group acquires at least 15 percent of the company's stock and tries to buy more. Shares of Zoetis fell 10 cent to close at $43.14 Friday.

  • Court papers filed to close Trump Taj Mahal casino Friday, 14 Nov 2014 | 4:00 PM ET

    In filing a revised reorganization plan in Delaware bankruptcy court, Trump Entertainment Resorts said its board has approved a shutdown of the casino by Dec. 12. "The debtors have initiated appropriate steps to cease operations at the Taj Mahal consistent with that time frame," Trump Entertainment attorneys wrote. "I want them to know that the city of Atlantic...

  • Ultimate Gaming closes Nevada online poker site Friday, 14 Nov 2014 | 1:54 PM ET

    After shutting down its operations in New Jersey, the company announced Friday that it had closed its Ultimate Poker online business in Nevada, too, citing trouble making a profit as long as online gambling is limited to a pool of players in single states, so far just three nationwide. The company, owned by Las Vegas- based neighborhood casino-hotel company...

  • Movado slashes outlook as demand for watches falls Friday, 14 Nov 2014 | 9:05 AM ET

    PARAMUS, N.J.— Slowing sales of its watches prompted Movado to warn Friday that its third- and fourth-quarter results are likely to come in below Wall Street expectations. Movado said its namesake watches are not selling well overseas. "I am disappointed in our third quarter performance and our expectations for this trend to continue into the fourth quarter,"...

  • Gulf of Mexico, but a companion bill in the Senate may lack votes to pass next week. The Senate could take up the bill next week, possibly on Tuesday. Mary Landrieu, a Louisiana Democrat and chair of the Senate energy panel, led the effort to approve the bill in her chamber, but it appeared on Thursday that she did not yet have enough votes for passage.

  • NEW YORK, Nov 13- An information technology engineer at Wilson Sonsini Goodrich& Rosati pleaded guilty on Thursday to insider trading based on information he learned while working at the prominent Silicon Valley law firm. Dimitry Braverman, 41, pleaded guilty in New York federal court to one count of securities fraud, two years after another Wilson Sonsini...

  • Atlantic City casino revenue down 4.4 pct in Oct. Thursday, 13 Nov 2014 | 2:24 PM ET

    The casinos took in $207 million, compared to $216 million in October 2013. Four of the city's 12 casinos have shut down so far this year— The Atlantic Club, the Showboat, Revel and Trump Plaza. He also touted non-gambling attractions and investments as evidence that Atlantic City is transitioning from a gambling resort to a more diversified one.

  • Taxes, schools, casinos key to Christie AC plan Thursday, 13 Nov 2014 | 1:23 PM ET

    Chris Christie to help Atlantic City calls for setting predictable tax payments for casinos, temporarily freezing taxes on non-gambling property, giving schools more aid if they reduce costs and temporarily halting contributions to employee pension plans. "Extraordinary state and local support is required in the transition phase of the Atlantic City...

  • AP: Taj Mahal closes Dec. 12 if union keeps appeal Thursday, 13 Nov 2014 | 10:33 AM ET

    ATLANTIC CITY, N.J.— Trump Entertainment Resorts said it will close the Taj Mahal on Dec. 12 if its main union doesn't drop an appeal of a court-ordered savings package. CEO Robert Griffin told The Associated Press on Thursday that the company has notified the state Division of Gaming Enforcement of the planned shutdown date. The company said relief from health...

  • Lawmakers pass bills stemming from bridge closure Thursday, 13 Nov 2014 | 1:45 AM ET

    TRENTON, N.J.— New Jersey lawmakers passed a pair of measures Thursday stemming from the politically motivated lane closures near the George Washington Bridge last year. "The Port Authority has been a dysfunctional agency plagued with abuse and mismanagement for many years," she said, pointing out that toll prices on the George Washington Bridge are slated to...

  • New York City jobs growth fastest in 24 years -report Thursday, 13 Nov 2014 | 12:00 AM ET

    NEW YORK, Nov 13- New York City is experiencing its fastest rate of job growth in nearly 25 years, but most of the jobs are being created in low-paying industries, according to a report by the city's top financial watchdog on Thursday. A report last year by the United States Conference of Mayors estimated the size of the metropolitan economy, which includes northern...

  • Christie faces Iowa pressure on pig crate ban Wednesday, 12 Nov 2014 | 6:04 PM ET

    But there are millions in the early presidential voting state of Iowa. But Christie's decision is being watched closely in Iowa, the nation's largest pork producer and home of 2016' s first presidential nominating contest. In particular, Christie has received pressure from Iowa Gov.

  • Cherry Hill beats 3Q profit forecasts Wednesday, 12 Nov 2014 | 4:57 PM ET

    MOORESTOWN, N.J. _ Cherry Hill Mortgage Investment Corp. on Wednesday reported third-quarter earnings of $2.8 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 50 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Pew: People feel loss of control of personal info Wednesday, 12 Nov 2014 | 4:30 PM ET

    NEW YORK— It's been 15 years since Sun Microsystems CEO Scott McNealy infamously quipped "You have zero privacy anyway. "It's a trade-off," said Bill Scully, 47, from Boston, while waiting for a train inside New York's Penn Station. The survey by the Pew Research Center's Internet Project asked 607 U.S. adults about their privacy perceptions following Edward...