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Top News & Analysis New Jersey

  • VIENNA- European Central Bank Board Member Sabine Lautenschlager will participate in strategy panel "CROs im Dialog mit Spitzenvertretern der Aufsicht, Notenbank und Politik" at 25. BRUSSELS- European Central Bank Board Member Daniele Nouy will deliver an introductory statement on the occasion of the presentation of the ECB Annual Report on supervisory...

  • NEW YORK, March 23- PricewaterhouseCoopers LLP has settled a $3 billion negligence lawsuit over the October 2011 collapse of MF Global Holdings Ltd, the futures and commodities brokerage once run by former New Jersey governor Jon Corzine. It also ends a trial that began on March 7 in the U.S. District Court in Manhattan, where several witnesses including Corzine...

  • NEW YORK, March 23- PricewaterhouseCoopers LLP has settled a $3 billion lawsuit in which the bankruptcy administrator of MF Global Holdings Ltd accused the auditor of malpractice that led to the collapse of the brokerage run by former New Jersey governor Jon Corzine. Terms were not disclosed, but the case was "settled to the mutual satisfaction of the parties,"...

  • NEW YORK— The trial between bankrupt brokerage MF Global, run by former New Jersey Governor Jon Corzine, and its former accounting firm, PwC, came to an unceremonious end on Thursday, with both parties saying they have reached a settlement. The trial, in the U.S. District Court of the Southern District of New York, was supposed to last five weeks. At the center of the...

  • RUTHERFORD, N.J. _ Cancer Genetics Inc. on Thursday reported a loss of $2.8 million in its fourth quarter. The Rutherford, New Jersey- based company said it had a loss of 15 cents per share. Keywords: Cancer Genetics, Earnings Report.

  • NJ public bank plan brings money back to citizens: Phil Murphy

    Phil Murphy, democratic candidate for governor of New Jersey, shares his plans to create a public bank to invest in the Garden State.

  • March 23- Financial market concerns are rising about the pace of policymaking in Washington under U.S. President Donald Trump and fellow Republicans in Congress, with investors focused on knock-on effects from any setbacks in Trump's Obamacare rollback plan. April 3: Senate Judiciary Committee expected to vote on Supreme Court nominee Neil Gorsuch, sending...

  • VIENNA- European Central Bank Board Member Sabine Lautenschlager will participate in strategy panel "CROs im Dialog mit Spitzenvertretern der Aufsicht, Notenbank und Politik" at 25. BRUSSELS- European Central Bank Board Member Daniele Nouy will deliver an introductory statement on the occasion of the presentation of the ECB Annual Report on supervisory...

  • VIENNA- European Central Bank Board Member Sabine Lautenschlager will participate in strategy panel "CROs im Dialog mit Spitzenvertretern der Aufsicht, Notenbank und Politik" at 25. BRUSSELS- European Central Bank Board Member Daniele Nouy will deliver an introductory statement on the occasion of the presentation of the ECB Annual Report on supervisory...

  • Shares of the company closed down 12.3 percent at $7.98 on the Nasdaq. The managing director of a Bangladesh- based textile firm said his company is using only a handful of its production lines to manufacture products for Sears' 2017 holiday sales. Mark Cohen, the former chief executive of Sears Canada and director of retail studies at Columbia Business School in...

  • NEW YORK, March 22- If the swoon this week in financials was one sign of the Trump trade running out of fuel, recent weakness in transportation and infrastructure shares is another. Along with financials, those names helped lead a post-election U.S. stock market rally, fueled by Republican Donald Trump's promises of increased infrastructure spending, tax reform...

  • March 22- Financial market concerns are rising about the pace of policymaking in Washington under U.S. President Donald Trump and fellow Republicans in Congress, with investors focused on knock-on effects from any setbacks in Trump's Obamacare rollback plan. April 3: Senate Judiciary Committee expected to vote on Supreme Court nominee Neil Gorsuch, sending...

  • March 22- Sears Holdings Corp's disclosure that it could lack the financial strength to continue as a going concern is turning attention to the key difference maker for any cash-strapped retailer: vendors. The managing director of a Bangladesh- based textile firm said his company is using only a handful of its production lines to manufacture products for...

  • The attorney for a Pennsylvania man charged in a bribery scheme involving construction projects at military bases says the man will plead not guilty. The U.S. attorney's office in New Jersey alleges Kevin Leondi, of Stroudsburg, received $125,000 in bribes in the form of cash, the sale of unneeded equipment and work performed at his personal property.

  • NEW YORK, March 22- Most U.S. and European share indexes fell on Wednesday as concerns over potential delays to President Donald Trump's pro-growth policies again unnerved investors, while safe-haven gold, U.S. President Donald Trump and Republican congressional leaders struggled on Wednesday to get enough support in the House of Representatives to win...

  • CHICAGO— Workers dreaming of early retirement are getting the jitters as Washington debates replacing the Obama-era health care law with a system that could be a lot more expensive for many older Americans. Others who already left jobs with health benefits before reaching Medicare age are second-guessing their move to self-employment.

  • NEWARK, N.J.— A Pennsylvania man took more than $100,000 in bribes in a scheme involving construction projects at two New Jersey military bases, the U.S. attorney's office said in a criminal complaint released Wednesday. Kevin Leondi, 56, of Stroudsburg, was charged with conspiracy to accept bribes and defraud the United States, which carries a maximum five-year...

  • In a 3-0 decision, the 3rd U.S. Circuit Court of Appeals in Philadelphia said the plaintiffs may proceed to trial on their failure-to-warn claims, and a lower court judge erred in finding the claims pre-empted by federal law. The Kenilworth, New Jersey- based company changed the label four months after an outside task force hired by the U.S. Food and Drug...

  • WASHINGTON— The Supreme Court on Wednesday sided with hundreds of former workers at a New Jersey trucking company who said they were unfairly denied a claim for lost wages after the company filed for bankruptcy protection. The justices ruled 6-2 that a bankruptcy court should not have approved a plan allowing Jevic Transportation Inc. to settle other legal...

  • NEW YORK— Sears, a back-to-school shopping destination for generations of kids, has said that after years of losing money that there is "substantial doubt" it will be able to keep its doors open. It was still a dramatic acknowledgment from the chain that owns Sears and Kmart stores, which has long held fast to its stance that a turnaround is possible, even as many of its...