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  • The PATCO Speedline between suburban New Jersey and downtown Philadelphia has resumed operations after a storm-related power outage halted service for the morning rush hour. PATCO trains typically run every 3-5 minutes from downtown Philadelphia during rush hour. Service remains suspended on SEPTA's Media/ Elwyn regional rail line and between Radnor...

  • Trim gym trend turning fitness fans into business owners Wednesday, 24 Jun 2015 | 4:30 AM ET

    NEW YORK— Slim one-room gyms are in, and the low cost of starting them is turning gym rats and workout instructors into entrepreneurs. Classes can be pricy, at about $30 each, but that's not keeping people away. "We started this with zero dollars," says Brittany Blum, co-owner of yoga studio Ritual San Francisco.

  • Massachusetts' first slots parlor is open for business Wednesday, 24 Jun 2015 | 2:03 AM ET

    PLAINVILLE, Mass.— Massachusetts jumped into the casino game Wednesday as the state's first slots parlor opened for business to a large and eager crowd of gamblers. state Gaming Commission Chairman Stephen Crosby declared, calling it a "momentous" day for Massachusetts, which became the 40th state to offer casino gambling. Massachusetts has been lagging way...

  • JERSEY CITY, N.J.— A lawyer representing a New Jersey nonprofit that offers so-called "gay conversion" therapy called several men suing the group "flat-out liars" during closing arguments of a civil trial Wednesday, while their attorney characterized the group as "amateurs using scalpels" on the minds of young gay men. The lawsuit filed in 2012 accuses Jews...

  • Ikea raises minimum wage for US workers 2nd year in a row Wednesday, 24 Jun 2015 | 12:05 AM ET

    Starting Jan. 1, Ikea's average minimum hourly wage will increase to $11.87, which is $4.62 above the current federal wage and marks a $1.11 increase, or 10 percent, from this year's average minimum pay. The pay raise comes as several retailers, including Wal-Mart Stores Inc., have announced wage hikes and other incentives to attract workers and to stay...

  • CHARLESTON, S.C., June 23- Prominent U.S. flag makers said on Tuesday they will stop manufacturing and selling Confederate battle flags in the wake of last week's attack on worshipers at a black church in Charleston, South Carolina. Reggie VandenBosch, vice president of sales at the privately owned Valley Forge Flag, said the Pennsylvania- based company came to the...

  • June 23- A long-running battle between LG Electronics Inc and environmentalists ended on Tuesday when LG agreed to halve the height of its planned North American headquarters so it will not obstruct views of the New Jersey Palisades cliffs. The South Korean conglomerate said it would redesign the building in Englewood Cliffs, New Jersey, so that it will not...

  • BERKELEY TOWNSHIP, N.J.— The death of a teenager killed when a stone slab weighing about 650 pounds fell on him at a southern New Jersey business last weekend has been ruled an accident. The Ocean County prosecutor's Office announced its finding Tuesday. Investigators concluded that 17- year-old Jared Marchiano, of Berkeley Township, was trespassing at Stone N'...

  • Ex-Cendant chairman fails to overturn fraud conviction Tuesday, 23 Jun 2015 | 11:55 AM ET

    NEW YORK, June 23- A federal appeals court on Tuesday refused to overturn the fraud conviction of former Cendant Corp Chairman Walter Forbes for his role in one of corporate America's largest accounting scandals. The 2nd U.S. Circuit Court of Appeals in New York rejected Forbes' argument that a new trial was warranted because newly discovered evidence from a...

  • ENGLEWOOD CLIFFS, N.J.— An electronics company will sharply reduce the height of its planned 143- foot corporate tower in a northern New Jersey community, resolving concerns raised by critics. The agreement announced Tuesday by LG Electronics USA calls for a five-story north wing in Englewood Cliffs that will be just shy of 70 feet in height.

  • Tired of high state taxes? Maybe it's time to move Tuesday, 23 Jun 2015 | 10:00 AM ET
    Moving van

    A CNBC analysis shows that many states with the highest per capita in taxes are also seeing the most net migration to lower-tax states.

  • COLUMBUS, Ohio— A proposal by Ohio lawmakers would do away with taxes on feminine care products. Greta Johnson, an Akron Democrat, said at a news conference that women spend $6 to $10 of taxable dollars every month on the products, and it's time to help them save money on the essential purchases. Maryland, Massachusetts, Pennsylvania, Minnesota and New Jersey already...

  • TRENTON, N.J.— The drama over New Jersey's spending blueprint is heading to Act 2, with lawmakers saying the Legislature's budget will result in Gov. Assembly and Senate budget committees approved the Democratic leadership's $35.3 billion plan on Tuesday, setting up votes in each chamber on Thursday. Republicans in the Legislature have guaranteed the same...

  • LONDON, June 22- European private equity fund CVC and Singaporean sovereign wealth fund Temasek are to buy a controlling stake in the pharmaceutical firm Alvogen, its chairman and chief executive said. Robert Wessman, former CEO of Actavis, founded the New Jersey- based generic drugs firm in 2009.. The transaction is the latest sign of the hectic pace of...

  • LONDON, June 22- European private equity fund CVC and Singaporean sovereign wealth fund Temasek are to buy a controlling stake in the pharmaceutical firm Alvogen, its chairman and chief executive said. Robert Wessman, former CEO of Actavis, founded the New Jersey- based generic drugs firm in 2009.. The transaction is the latest sign of the hectic pace of...

  • LONDON, June 22- European private equity fund CVC and Singaporean sovereign wealth fund Temasek are to buy a controlling stake in the pharmaceutical firm Alvogen, its chairman and chief executive said. Robert Wessman, former CEO of Actavis, founded the New Jersey- based generic drugs firm in 2009.. The fast-growing company currently has 350 generic products on...

  • WASHINGTON, June 21- Surging investment by Chinese companies in U.S. research labs is yielding a fast-growing trove of patents, part of a push to mine America for ideas to help China shift from being the world's factory floor to a driver of innovation. Even without a treaty, China is pouring capital into U.S. research as well as buying other assets.

  • On Monday, the National Association of Realtors is expected to report strong growth in existing home sales for May. On Wednesday, Lennar, the No. 2 U.S. homebuilder is expected to report that it had a strong second quarter. Construction materials supplier Vulcan Materials has risen 35.8 percent so far this year and home improvement and building products firm...

  • WASHINGTON, June 19- The U.S. government's appeals process for reviewing flood insurance claim disputes is riddled with flaws, but there is no evidence of systematic underpayments by insurers to flood victims, an investigation by U.S. Senate staffers has found. "Despite widespread concerns, it does not appear that systematic incentives exist for any...

  • June 18- PBF Energy Inc agreed to pay $322 million to acquire the 189,000- barrel-per-day Chalmette oil refinery in Louisiana and related assets from Exxon Mobil Corp and Venezuela's national oil company, Petroleos de Venezuela SA. The purchase marks PBF's entrance into the U.S. Gulf Coast, where it had lost out on a bid in 2011 for Texas City Refinery, then owned...