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Top News & Analysis New Jersey

  • GUERNSEY, WYOMING, June 26- A gallon of gasoline that allows a driver on the U.S. East Coast to travel about 25 miles has already navigated thousands of miles from an oil field to one of the world's largest fuel markets. Or the journey to an East Coast gas pump might start instead in North Dakota's Bakken shale fields- which means it could take up to three months,...

  • Richard Anderson, who spearheaded Delta's growth into the world's largest airline by market value when he retired as chief executive in May 2016, will become president and co-CEO on July 12, two days after Amtrak launches the rebuilding program at New York City's Pennsylvania Station. The repairs, estimated to cost $30 million to $40 million over several years,...

  • TRENTON, N.J.— New Jersey lawmakers approved a bill Monday that would bar employers from asking about salary history, a move supporters say is intended to close the wage gap between men and women. "This provides a means of narrowing the wage gap by making it less likely for employers to unintentionally perpetuate the gap by basing salary offers for new hires on...

  • WASHINGTON— A decade after setting Delta Air Lines on a post-bankruptcy resurgence, the airline's former chairman and chief executive officer is taking on another transportation challenge: Amtrak. When Anderson left Delta in 2016, the airline posted an 18 percent operating-profit margin, better than rivals American Airlines and United Airlines.

  • The leadership change comes as Amtrak's repair program at Penn Station in New York City is expected to cause major service disruptions this summer for commuters across the metropolitan region. A rift is growing between Amtrak, which owns Penn Station, and the two states that use most of the hub's track space, New York and New Jersey. During his tenure, Delta...

  • Avis Budget Group Inc. said Monday that it will provide fleet support and maintenance services for Waymo's program at its Avis and Budget car rental locations. Waymo, owned by Google parent company Alphabet Inc., will continue to own and run its self-driving cars and will continue with its existing partnerships. Shares of Avis Budget jumped more than 9 percent...

  • GUERNSEY, WYOMING, June 26- A gallon of gasoline that allows a driver on the U.S. East Coast to travel about 25 miles has already navigated thousands of miles from an oil field to one of the world's largest fuel markets. Or the journey to an East Coast gas pump might start instead in North Dakota's Bakken shale fields- which means it could take up to three months,...

  • GUERNSEY, WYOMING, June 26- A gallon of gasoline that allows a driver on the U.S. East Coast to travel about 25 miles has already navigated thousands of miles from an oil field to one of the world's largest fuel markets. Or the journey to an East Coast gas pump might start instead in North Dakota's Bakken shale fields- which means it could take up to three months,...

  • JACKSON, N.J.— A lawsuit seeking to block a Six Flags theme park in New Jersey from cutting down nearly 15,000 trees to make way for a solar farm to power the park has been dismissed. A Superior Court judge said in a ruling Monday that the local governing boards in deciding to approve the project proposed by Six Flags Great Adventure and KDC Solar could weigh the...

  • NEW YORK, June 23- Oil futures climbed almost 1 percent on Friday on lift from a falling dollar but remained down for a fifth week in a row and close to a 10- month low as OPEC- led production cuts have failed to substantially reduce a global crude glut. Brent futures were up 40 cents, or 0.9 percent at $45.62 a barrel by 11:52 a.m. EDT, pushing the front-month out of...

  • MUMBAI, June 23- An internal investigation by India's Infosys into alleged improprieties related to two acquisitions by the IT services company found no evidence of wrongdoing, it said on Friday. Those accusations included improprieties in the acquisitions of Panaya, a New Jersey- based automation technology provider, and Silicon Valley start-up Skava, as...

  • MUMBAI, June 23- An internal investigation by India's Infosys into alleged improprieties related to two acquisitions by the IT services company found no evidence of wrongdoing, it said on Friday. Those accusations included improprieties in the acquisitions of Panaya, a New Jersey- based automation technology provider, and Silicon Valley start-up Skava, as...

  • *UnitedHealth biggest drag on the Dow. June 23- U.S. stocks were mostly lower on Friday, dragged lower by healthcare and consumer staples shares. At 9:48 a.m. ET, the Dow Jones Industrial Average was down 46.92 points, or 0.22 percent, at 21,350.37, the S&P 500 was down 2.2 points, or 0.09 percent, at 2,432.3.

  • *Oil rises slightly from 10- month lows. June 23- Wall Street was set to open little changed on Friday as investors awaited economic data and speeches by Federal Reserve policymakers for clues on interest rate hikes amid concerns over oil prices. "There is a concern that economy maybe struggling slightly, with oil prices hitting lows," said Andre Bakhos, managing...

  • COLUMBUS, Ohio— Governors in several states that opted to expand Medicaid under former President Barack Obama's health care law are wary of the Senate Republican plan to end the added federal funding for it within seven years. The proposal released Thursday calls for a slower phase-out of the Medicaid expansion than a bill adopted earlier by the House.

  • The rules, issued on the one-year anniversary of the law's signature by President Barack Obama, set standards for how the EPA will identify and evaluate high-priority chemicals and impose reporting requirements for industry. The EPA said last year it will review such common chemicals as asbestos and trichloroethylene that for decades have been known to...

  • Long's lawyers acknowledged that he illegally took proprietary materials from United Technologies and traveled back and forth to China with the documents. Authorities said Long was recruited by state-run universities in China in 2013 and 2014 and leveraged information he obtained from United Technologies in his efforts to get a job in China.

  • UNION, N.J. _ Bed Bath& Beyond Inc. on Thursday reported fiscal first-quarter profit of $75.3 million. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 66 cents per share. Bed Bath& Beyond shares have declined 17 percent since the beginning of the year, while the Standard& Poor's 500 index has risen nearly 9 percent.

  • DALLAS— State-owned Qatar Airways is attempting to buy 10 percent of American Airlines, a surprising move that would trigger an antitrust review by the U.S. government and carry political and trade-policy implications. Qatar Airways, however, said it sees a "strong investment opportunity" in American and plans to be only a passive investor with no role in...

  • TRENTON, N.J.— The owner of a New Jersey computer training center has admitted stealing $2.8 million from a program designed to help veterans find employment. The 52- year-old Morganville, New Jersey, resident faces up to 10 years in prison when she's sentenced Sept. 25. Honig owns the Eatontown- based Computer Insight Learning Center.