Top News & Analysis New Jersey

  • LONDON— Police and airline officials say two United Airlines pilots have been arrested for suspected intoxication before they were to fly 141 passengers from Scotland to the United States. United Airlines officials have confirmed Saturday's arrest of the pilots, aged 45 and 35, at Glasgow Airport. The Police Service of Scotland says both men are expected to...

  • SAN FRANCISCO, Aug 26- Wall Street will fixate on a wave of U.S. economic data next week, crested by payrolls data on Friday that could sway expectations about the timing of future interest rate hikes and spark volatility in record-high stock prices. Fed Chair Janet Yellen said the case for a rate hike is strengthening, but she left open the timing of what would be the...

  • Aug 26- A U.S. judge has ruled against investors who accused Paris- based AXA SA of charging excessive fees on variable annuity products, in one of the rare such cases to go to trial. District Judge Peter Sheridan in Trenton, New Jersey, said late Thursday that the investors did not show that AXA breached its fiduciary duties by keeping most fees charged for mutual...

  • ROCHESTER, N.Y.— A United Airlines ExpressJet flight from New Jersey to Toronto had to make an emergency landing in Rochester, New York, just hours after a previous flight carrying the same passengers had to return to the Newark airport. Atlanta- based ExpressJet, a regional affiliate of United, says the passengers had been on another Toronto- bound flight that had...

  • PORTLAND, Maine— Lobster and crab fishermen have baited traps with dead herring for generations, but an effort to find a synthetic substitute for forage fish is nearing fruition just as the little fish are in short supply, threatening livelihoods in a lucrative industry. With about $1 million in funding from the National Science Foundation, a small company has...

  • "Monday was a very challenging day for us," Richard Smyth, the Port Authority executive in charge of the LaGuardia renovation, acknowledged Thursday. But critics say the Port Authority must do more to ensure that the airport functions smoothly during the prolonged redevelopment. "They're just not doing a very good job right now, the traffic situation is spiraling...

  • Aug 25- Berry Plastics Group Inc said it would buy AEP Industries Inc, which makes stretch wraps and can liners, in a deal valued at $765 million, including debt, to expand its presence in North America. Based on Berry Plastics' close on Aug. 23, AEP shareholders will receive either $110 in cash or 2.5011 shares of Berry Plastics for each AEP share. In July, Berry Plastics...

  • PARAMUS, N.J. _ Movado Group Inc. on Thursday reported fiscal second-quarter earnings of $6.3 million. Movado expects full-year earnings in the range of $1.40 to $1.55 per share, with revenue in the range of $550 million to $560 million. Movado shares have fallen 7 percent since the beginning of the year.

  • BURLINGTON, N.J. _ Burlington Stores Inc. on Thursday reported fiscal second-quarter earnings of $20.4 million. For the current quarter ending in November, Burlington Stores expects its per-share earnings to range from 30 cents to 32 cents. Burlington Stores shares have climbed 83 percent since the beginning of the year.

  • MOORESTOWN, N.J. _ Destination Maternity Corp. on Thursday reported a loss of $2.5 million in its fiscal second quarter. Destination Maternity shares have declined 29 percent since the beginning of the year. Keywords: Destination Maternity, Earnings Report.

  • WASHINGTON— The world's key central banks have worked themselves into contortions to try to rev up economic growth, raise inflation and coax consumers and businesses to borrow and spend more. They've pumped trillions into financial systems and driven interest rates about as low as they can go— even below zero in Europe and Japan. "It's pushing on a string if...

  • "This bill is reflective of the relentless campaign by the Democratic legislature to make New Jersey as inhospitable as possible to lawful gun ownership and sales, and I refuse to allow that to happen," Christie said. "The Governor's conditional veto is proof that he is out of touch with the overriding sentiments of New Jersey residents, the majority of whom...

  • NEWARK, N.J.— Passenger traffic at New York's three major airports plus Atlantic City is on a record-setting pace. The Port Authority of New York and New Jersey says more than 60 million travelers used Newark Liberty, LaGuardia and JFK airports in the first six months of 2016.. JFK, Newark and LaGuardia all set individual passenger records in the first six months of...

  • *Some see volatility on OPEC jawboning of output freeze deal. Gasoline and distillate stocks also rose, the EIA said, driving down oil prices that had mostly risen in the past two weeks on speculation of an output freeze by OPEC. "I cannot continue to stress that at this time of year we are supposed to be getting draws," Tariq Zahir, oil trader at Tyche Capital Advisors in...

  • TRENTON, N.J.— Drugmaker Pfizer Inc. is continuing its shopping spree with its fourth acquisition since the April collapse of its planned $160 billion megadeal to buy rival Allergan PLC and move its headquarters, on paper, to Allergan's base in lower-tax Ireland. In its second deal this week, New York- based Pfizer said it's buying rights to Anglo-Swedish...

  • Montana was omitted from the list, which also includes Alabama, Mississippi, Nevada, Wyoming, and Utah. The grisly death of a 10- year-old boy on a Kansas water slide and a Ferris wheel accident in Tennessee this summer have led to renewed demands for tighter inspection rules for amusement rides. The grisly death of a 10- year-old boy on a Kansas water slide and a...

  • TRENTON, N.J.— Sky-high price hikes for EpiPen, the injected emergency medicine for severe allergic reactions to foods and bug bites, have made its maker the latest target for patients and politicians infuriated by soaring drug prices. Mylan N.V., which has headquarters in Hertfordshire, England, and Pittsburgh, has hiked prices as frequently as three times a year...

  • Roy Steinberg says employees at Sahara Sam's Oasis Water Park in West Berlin, Camden County, didn't properly instruct him on safety on a surfing ride. The state Supreme Court reinstated it. But the Supreme Court found the park could possibly be found grossly negligent because it didn't post safety signs the ride's manufacturer recommended.

  • *Nasdaq touches record intraday high. Aug 23- U.S. stock advanced on Tuesday, as gains in the tech sector helped lift the Nasdaq to a record intraday high and solid housing market data provided more evidence the economy may be strengthening. Federal Reserve Chair Janet Yellen's speech on Friday at Jackson Hole will be scrutinized for clues on the timing of a rate...

  • Aug 23- A former Fox News anchor claims in a lawsuit that former network Chairman Roger Ailes, who resigned amid allegations of sexual harassment and is reportedly advising Republican presidential candidate Donald J. Trump, fueled a misogynistic culture at the top-rated channel enforced by other executives. Andrea Tantaros said she was taken off the air in...