Top News & Analysis New Jersey

  • WASHINGTON— United Airlines is paying $2.4 million to settle civil charges stemming from allegations the airline reinstated a direct flight from New Jersey to South Carolina as a personal favor to an official with a nearby vacation home. The SEC said that Continental Airlines had dropped the route before its 2010 merger with United, and another analysis by...

  • Dec 2- A federal appeals court on Friday threw out an antitrust verdict that ordered medical device maker Becton Dickinson and Co to pay rival Retractable Technologies Inc $340 million in damages over its marketing of safety syringes. The 5th U.S. Circuit Court of Appeals in New Orleans called Retractable's claim that Becton violated the Sherman Act by trying...

  • WASHINGTON, Dec 2- United Airlines' parent company will pay $2.4 million to resolve civil books and records violations after it reinstated an unprofitable flight route to accommodate the chairman of the Port Authority of New York and New Jersey, the U.S. securities regulator said. The U.S. Securities and Exchange Commission said United Airlines' decision in...

  • Dec 2- The U.S. Supreme Court on Friday agreed to hear appeals by Christian-affiliated hospital systems of lower court rulings that gave the green light to employee lawsuits accusing them of wrongly claiming a religious exemption from federal pension law. New Jersey- based St. Peter's Healthcare System, Illinois- based Advocate Health System and California-...

  • Dec 2- The U.S. Supreme Court on Friday agreed to hear appeals by Christian-affiliated hospital systems of lower court rulings that gave the green light to employee lawsuits accusing them of wrongly claiming a religious exemption from federal pension law. New Jersey- based St. Peter's Healthcare System, Illinois- based Advocate Health System and California-...

  • Dec 2- The S&P 500 and the Nasdaq rose for the first time in three days, supported by gains in technology and health stocks, but Dow slipped after a rally in bank stocks paused. Major Wall Street indexes have hit a series of record highs over the past three weeks, sparked by Donald Trump's victory in the U.S. presidential election as investors bet that his policies...

  • Dec 2- The S&P and the Nasdaq rose for the first time in three days, helped by gains in healthcare and consumer staples stocks, but the Dow was weighed down by Goldman Sachs. Major Wall Street indexes have hit a series of record highs after Donald Trump won the U.S. presidential election as investors bet that his policies would be market friendly.

  • TRENTON, N.J.— Thomas Edison's door key to the 19th century lab in New Jersey where he invented the phonograph goes up for auction this weekend, along with lightbulbs he perfected. Six keys in all from the famous inventor's Menlo Park home and work place will be auctioned Saturday in Dallas, along with five lightbulbs, including two that he created.

  • *Ulta Salon top pct gainer on S&P. Dec 2- The S&P 500 and the Nasdaq rose in morning trade on Friday, lifted by gains in consumer staples and utility stocks, while the Dow was weighed down by declines in bank shares. Industrial and banks stocks have been the biggest gainers of a post-election rally as investors expect these sectors to benefit the most from...

  • MAHWAH, N.J. _ Ascena Retail Group Inc. on Thursday reported fiscal first-quarter net income of $14.4 million, after reporting a loss in the same period a year earlier. Ascena Retail expects full-year earnings in the range of 60 cents to 65 cents per share. Ascena Retail shares have fallen 41 percent since the beginning of the year.

  • ALBANY, N.Y.— Tioga Downs Casino will open to the public Friday, the first of four new gambling halls launching in upstate New York amid an increasingly saturated gambling market. The racetrack and electronic gambling hall in Nichols received state permission to expand into a full resort casino last year. Other casino projects are close to completion and expect...

  • WASHINGTON, Dec 1- Carnival Corp's Princess Cruise Lines will plead guilty to seven felony charges of polluting the seas and trying to cover it up, and pay a record $40 million criminal penalty, the U.S. Justice Department said on Thursday. U.S. investigators began to probe the ship's actions after a whistle-blower engineer reported an illegal dump off the coast...

  • NEW YORK— After Finegold Alexander Architects began winning awards for its work on synagogues, calls started coming in from congregations around the country. ' "firm partner Tony Hsiao recalls the rabbis and executive directors asking. The Boston- based firm has won more than 150 architecture-related awards for a variety of building projects in its more than...

  • But their objections were overwhelmed by an alliance among Republicans, many Democrats and the White House for a 996- page measure that bore wins for both parties. The Senate's expected final approval next week would mark an uncommon episode of cooperation between the GOP- run 114th Congress— which plans to adjourn next week— and President Barack Obama in their...

  • TRENTON, N.J.— New Jersey towns have an obligation to provide homes that weren't built during a 16- year period when the state agency in charge of setting the requirements failed to do so, advocates argued before the state Supreme Court on Wednesday. The court heard oral arguments in an affordable housing case challenging a ruling that towns are not required to...

  • President-elect Donald Trump is expected to name Wilbur Ross, a billionaire known for his investments in distressed industries, to head the Commerce Department, a Republican source familiar with the decision told Reuters on Tuesday. Ross, 78, a staunch supporter of Trump and an economic adviser, has helped shape the Trump campaign's views on trade policy,...

  • NEWARK, N.J.— Two New York men have been charged with forcing people in the country illegally to work at their Halal chicken slaughterhouse in New Jersey. Mohammad Abdul Wahid and Mohammed Iqbal Kabir were charged by federal prosecutors in Newark on Tuesday. Prosecutors say they paid workers $290 for 70 to 100 hours of work per week at their Halal slaughterhouse...

  • *OPEC meeting, Italian referendum, Fed meeting eyed. NEW YORK, Nov 29- The dollar fell on Tuesday as it consolidated its position against most major currencies after a roller-coaster 24 hours which traders say may be a precursor to three weeks of risk-packed events including the Federal Reserve's December policy meeting. GDP report was unable to drive the dollar...

  • Mehmet Oz on Tuesday under a largely untested Georgia food libel law, objecting to his claims that much of the imported extra virgin olive oil sold in U.S. supermarkets may be fake. Some members of the trade group conduct business in Georgia. The suit said Oz, host of a popular daytime TV talk show devoted to health issues, violated the Georgia law when he stated that...

  • LOS ANGELES/ CHICAGO, Nov 29- Scores of demonstrators were arrested on Tuesday as U.S. workers from fast-food chains staged nationwide protests for higher pay, union rights and immigration reform in their first major action since Donald Trump was elected president. McDonald's Corp restaurants in 340 cities were prime rally targets, while baggage handlers,...