The family decided to take a lump sum payment of $14 million, which is worth about $10 million after taxes.» Read More
CoreLogic, a private real estate data provider, also said Tuesday that prices rose 0.3 percent in August from July, the sixth straight monthly gain. Housing prices are rising in most areas, according to CoreLogic.
NEWARK, N.J.-- Authorities say an executive with the NBA's New Orleans Hornets has been charged with criminal possession of a weapon after a handgun was found in his checked baggage at New Jersey's Newark Liberty International Airport.
CHICAGO-- Mandolin player and composer Chris Thile learned the hard way that when you get a call from the 312 area code this time of year, you should probably answer the phone. Thile is among 23 recipients of this year's MacArthur Foundation "genius grants," which are given in a secrecy-shrouded process.
SUMMIT, N.J.-- Shares of Celgene Corp. rose Tuesday after the company said its cancer drug Abraxane slowed the progression of melanoma in a late-stage clinical trial. Celgene said patients who were treated with Abraxane had greater progression-free survival than patients who were treated with the chemotherapy drug dacarbazine.
NEW YORK-- Toys R Us will offer a price matching guarantee on all of its toys and products in stores this holiday season, the toy seller said Monday. Toy analysts say retailers are being tight with inventory this year, so those wanting in-demand toys like Monster High dolls and the LeapPad2 tablet should buy early.
PRINCETON, N.J.-- Church& Dwight said Monday that it completed its acquisition of Avid Health Inc., which makes gummy types of vitamins and supplements, for $650 million in cash. Church& Dwight Co. Inc. makes Arm& Hammer baking soda, Aim toothpaste and other products. Church& Dwight shares rose 19 cents to $54.18 in afternoon trading.
TRENTON, N.J.-- A New Jersey state Senate committee on Monday again advanced a bill to set up a state-run insurance exchange as a way to give uninsured people a way to buy health plans as part of the federal health insurance overhaul.
Hertz said it plans to use the offering's proceeds to finance part of its tender offer for Dollar Thrifty Automotive Group Inc.' s shares and refinance some of that company's existing debt. In August, Park Ridge, N.J.- based Hertz reached a deal to buy Tulsa, Okla.- based Dollar Thrifty for $87.50 per share, or about $2.3 billion.
TRENTON, N.J.-- New Jersey's second-largest public employee union has ratified a new contract that the Christie administration says reflects financial realities and budget constraints.
TRENTON, N.J.-- Former Johnson& Johnson CEO James E. Burke, who steered the health care giant through the Tylenol poisonings in the 1980 s that resulted in the first tamper-resistant product packaging, has died.
NEW YORK, Oct 1- The U.S. manufacturing sector expanded in September, shaking off three months of weakness as new orders and employment picked up, an industry report showed on Monday. PETER JANKOVSKIS, CO-CHIEF INVESTMENT OFFICER AT OAKBROOK INVESTMENTS LLC IN LISLE, ILLINOIS. DAVID SLOAN, ECONOMIST, 4 CAST LTD, NEW YORK.
NEW YORK, Oct 1- The U.S. manufacturing sector expanded in September, shaking off three months of weakness as new orders and employment picked up, an industry report showed on Monday. STORY: TABLE COMMENTS: DAVID SLOAN, ECONOMIST, 4 CAST LTD, NEW YORK. JOSEPH TREVISANI, CHIEF MARKET STRATEGIST, WORLDWIDE MARKETS, WOODCLIFF LAKE, NEW JERSEY.
NEW YORK, Oct 1- The U.S. manufacturing sector expanded in September, shaking off three months of weakness as new orders and employment picked up, an industry report showed on Monday. JOSEPH TREVISANI, CHIEF MARKET STRATEGIST, WORLDWIDE MARKETS, WOODCLIFF LAKE, NEW JERSEY. CRAIG DISMUKE, CHIEF ECONOMIC STRATEGIST, VINING SPARKS, MEMPHIS, TENNESSEE.
NEW YORK-- Macy's Inc. plans to hire about 80,000 seasonal workers this holiday season, a 2.5 percent increase from last year when the Cincinnati- based operator of Macy's and upscale Bloomingdale's hired 78,000 workers.
Americans paused again Tuesday to mark the 11th anniversary of the Sept. 11, 2001, terror attacks with familiar ceremony, but also a sense that it's time to move forward after a decade of remembrance.
For the first time, elected officials won't be allowed to speak at a 9-11 commemoration at Ground Zero, an occasion that had allowed them a solemn turn in the spotlight.
Less than five months after opening with distressingly low revenues, Atlantic City's newest casino is seeking some breathing room from its lenders.
Austan Goolsbee, University of Chicago economics professor and former C.E.A. chairman, offers insight on Governor Romney's budget plan. "The way that Bowles-Simpson did not have a big give-away to high income people -- is they actually significantly raised the tax on capital income," he says. "If you compare that to Romney, he's doing the opposite."
TrueCar.com, an automotive information website, conducted a study of the most popular vehicles in the most affluent zip codes. Check out what they found.
Which locations have Wall Street companies chosen for their mid-level operations? Read ahead to find out.