New Jersey


  • FAA investigates congressman's drone wedding video Wednesday, 16 Jul 2014 | 7:36 PM ET

    Sean Patrick Maloney, D- N.Y., by name, but said it was looking into "a report of an unmanned aircraft operation in Cold Spring, New York, on June 21 to determine if there was any violation of federal regulations or airspace restrictions." Maloney is a member of the House Transportation and Infrastructure Committee's aviation subcommittee, which oversees the FAA.

  • U.S. House passes spending bill with Dodd-Frank changes Wednesday, 16 Jul 2014 | 6:06 PM ET

    The Democrat-controlled Senate is not expected to approve the bill as it is now. Earlier this week, the White House said that President Barack Obama "strongly opposes House passage" of the appropriations bill and would veto it if the legislation reached his desk.

  • July 16- Love Culture Inc on Wednesday filed for Chapter 11 bankruptcy, becoming the latest women's apparel retailer to seek protection from creditors, and said it may be sold after having received interest from possible buyers.

  • *Intel gains on earnings, outlook; semiconductors rally. *Time Warner rebuffs $80 bln bid from 21st Century Fox. Time Warner Inc shares jumped 17.1 percent to $83.13 and ranked as the S&P 500' s best performer after Twenty-First Century Fox confirmed it made an $80 billion takeover offer for the company that was turned down.

  • July 16- Love Culture Inc on Wednesday filed for Chapter 11 bankruptcy and said it is up for sale, becoming the latest women's apparel retailer to seek protection from creditors.

  • Christie: 'Beware' of candidates who declare early Wednesday, 16 Jul 2014 | 3:22 PM ET

    NEW YORK— New Jersey Gov. Chris Christie insisted Wednesday that he hasn't decided whether he's running for president. Rand Paul and Texas Gov.

  • WASHINGTON, July 16- Federal Reserve Chair Janet Yellen defended the central bank's independence on Wednesday at a U.S. congressional hearing, handling tough questions from Republican lawmakers who want to rein in the Fed's authority.

  • Workers seek to keep endangered casinos open Wednesday, 16 Jul 2014 | 11:51 AM ET

    ATLANTIC CITY, N.J.— Now that the shock over the prospect of losing three Atlantic City casinos in coming months is starting to wear off, many workers and their union are mounting a growing effort to keep them open by attracting new buyers and offering flexibility in contract negotiations with a buyer.

  • U.S. senators urge Treasury to fix money fund tax concerns Wednesday, 16 Jul 2014 | 11:28 AM ET

    In a series of three letters dated July 15 and seen by Reuters, Democratic Senators Bob Menendez of New Jersey and Mark Warner of Virginia and Republicans Pat Toomey of Pennsylvania and Mike Crapo of Idaho said the Treasury needs to issue quickly guidance because it will help inform both the public and the SEC.

  • Christie to address Wall Street crowd Wednesday, 16 Jul 2014 | 7:57 AM ET

    NEW YORK— New Jersey Gov. Chris Christie will be speaking and lunching with a Wall Street crowd. Christie will be the luncheon speaker Wednesday at CNBC's Delivering Alpha conference in New York City.

  • Locally-grown foods look to bigger business Wednesday, 16 Jul 2014 | 3:05 AM ET

    But with a steady supply of locally grown food from the Common Market food hub, Jefferson now serves vegetables like bok choy and asparagus, creamy yogurts from Amish country and omelets with locally sourced cage-free eggs and spinach.

  • Falafel to go: Mideast food chains expand abroad Wednesday, 16 Jul 2014 | 2:45 AM ET

    DUBAI, United Arab Emirates— The super-sized malls that dot Dubai and other Gulf Arab cities are stuffed with foreign restaurants, from Burger King and Subway to suburban sit-down staples like IHOP and Red Lobster. A United Arab Emirates- based chain called Just Falafel opened its first branches in the United States and Canada last month.

  • NYC mayor's plan for rail strike? He's outta here Wednesday, 16 Jul 2014 | 1:58 AM ET

    NEW YORK— The city's tabloid newspaper front pages next week are easy to imagine: a photo of a nightmarish traffic jam caused by a strike at the nation's largest commuter railroad juxtaposed with a shot of Mayor Bill de Blasio sunning on an Italian beach.

  • NEW YORK, July 15- A New York trader claims he lost his job over the dramatic run-up in Cynk Technology Corp stock, which at one point last week had a market value of about $6 billion dollars before trading was halted on suspicion of manipulation.

  • Rating firm cuts NJ's online winnings estimate Tuesday, 15 Jul 2014 | 3:00 PM ET

    ATLANTIC CITY, N.J.— A Wall Street credit rating firm that was among the most pessimistic about the prospects for Internet gambling in New Jersey has cut its already-conservative estimate on the state's first-year online winnings by more than half.

  • NEW YORK, July 15- Retirement payouts for 19.3 million U.S. state and local government workers in coming years are not likely to look much different from the iron-clad pensions that former teachers and police now get.

  • Chris Christie releases mock movie trailer Tuesday, 15 Jul 2014 | 12:42 PM ET

    NEWARK, N.J.— New Jersey Gov. Chris Christie is channeling Hollywood in his push for more cuts to state workers' benefits. The governor's office released a trailer Tuesday for a fake summer blockbuster movie titled "No Pain.

  • J&J 2Q profit climbs 13 percent on new-drug sales Tuesday, 15 Jul 2014 | 8:23 AM ET

    Still, J&J shares fell in midday trading after company officials cited two drags on second-half revenue: the June 30 sale of its Ortho-Clinical Diagnostics business for about $4 billion, and expected new competition for Olysio, J&J's new treatment for chronic hepatitis C. In midday trading, shares were down $1.71, or 1.6 percent, at $103.67.

  • Albemarle buying Rockwood in $6.2B deal Tuesday, 15 Jul 2014 | 6:22 AM ET

    BATON ROUGE, La.— Specialty chemicals company Albemarle is buying counterpart Rockwood Holdings Inc. in a cash-and-stock deal valued at about $6.2 billion.

  • *Concerns ease over Portugal's top bank. Yellen, who will go before the Senate Banking Committee Tuesday to deliver the latest report to Congress on monetary policy, could take a hawkish stance on raising interest rates in response to strong June jobs data, analysts and investors said.