×

Top News & Analysis New Jersey

  • NEW BRUNSWICK, N.J.— The remaining condo owner in a failed New Jersey waterfront development has reached an undisclosed settlement with a New York- based real estate company tied to Republican President Donald Trump's son-in-law. NJ.com reports the settlement with the Kushner Cos. announced Tuesday stems from a 2012 fraud lawsuit that initially listed 33...

  • *Popeyes shares soar after $1.8 bln buyout agreement. Feb 21- U.S. stocks rose to fresh record highs on Tuesday, boosted by strong earnings reports from Wal-Mart and other retailers and continued optimism about the economic agenda of President Donald Trump. "There was a period last week, I think, where people were getting a little worried about whether the...

  • *Popeyes up after Restaurant Brands agrees to buy company. One in every six stocks on the S&P 500 hit a new 52- week high as a rally sparked by President Donald Trump's promise of tax reforms showed no sign of fading despite concerns around valuations. "There is no doubt in anyone's mind that the market has become over extended and is due for a pullback," said Quincy...

  • ATLANTIC CITY, N.J.— Bart Blatstein, the Philadelphia developer who's been buying up distressed Atlantic City properties and re-opening them, has added three more Boardwalk parcels for about $6 million. Blatstein also bought land in the Inlet district next to a new $40 million Boardwalk repair project. "It affords even more of an outdoor element for the Showboat,...

  • *Popeyes up after Restaurant Brands agrees to buy company. One in every six stocks on the S&P 500 hit a new 52- week high as a rally sparked by President Donald Trump's promise of tax reforms shows no sign of fading despite concerns around valuations. "There is no doubt in anyone's mind that the market has become over extended and is due for a pullback," said Quincy...

  • *Oil futures jump on OPEC stance on output cuts. Oil futures rose more than 1 percent after OPEC said it was sticking to its deal to reduce output. The rally in equity markets around the globe, led by Wall Street, has been stoked by hopes of tax cuts, infrastructure spending and looser regulations from U.S.

  • SECAUCUS, N.J. _ Eros International PLC on Tuesday reported fiscal third-quarter net income of $8.2 million, after reporting a loss in the same period a year earlier. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 14 cents per share. This story was generated by Automated Insights using data from Zacks...

  • PHILADELPHIA— Authorities say shipping has reached record levels at the Philadelphia port. Companies from Chile, Peru, and Panama export fruit to Philadelphia instead of Baltimore or Newark. Philadelphia has also seen a massive increase in containers carrying household appliances and beer.

  • LAMBERTVILLE, N.J.— A United Airlines lobbyist and longtime state official accused of conspiracy in a shakedown benefiting the former chairman of the agency that controls New York City- area airports has died. Jamie Fox, who held numerous governmental posts during his career, died Monday at age 62, the Van Horn-McDonough Funeral Home said.

  • Environmental groups and anti-drilling residents fear regulators are taking steps to lift a seven-year moratorium on natural gas development near the Delaware River, whose watershed supplies Philadelphia and half the population of New York City. The Delaware River Basin Commission, the agency that monitors and regulates the water supply of more than 15...

  • PORTLAND, Maine— A disagreement over the right to fish for scallops off New England is pitting small boats against big ones in one of the most lucrative fisheries in the U.S. Small boat fishermen say the conflict has arisen in the northern Gulf of Maine, a critically important fishing area stretching roughly from Boston to the border of Maine and Canada.

  • The plan "ensures more choices, lower costs and greater control over your health care," according to talking points GOP leaders handed lawmakers heading home to face constituents during this week's recess. Frank Pallone of New Jersey, the House Energy and Commerce Committee's top Democrat. The GOP package lacks details, which are a work in progress, and has no...

  • BOSTON— Native Americans hope President Donald Trump doesn't forget America's first inhabitants as he promises to put "America first." Five large tribes in Oklahoma— the Cherokee, Chickasaw, Choctaw, Muscogee Creek and Seminoles— have requested a meeting with the New York billionaire during his first 100 days in office so they can talk about ways to advance their...

  • TORRANCE, Calif.— An explosion and fire erupted Saturday at a California oil refinery, exactly two years after a blast that crippled the plant and led to higher gasoline prices, authorities said. No injuries were reported from the Torrance Refining Co. near Los Angeles, and there were no evacuations or damage to any buildings outside the refinery, Assistant Fire...

  • JERSEY CITY, N.J. _ Bel Fuse Inc. on Friday reported fourth-quarter net income of $3.4 million. On a per-share basis, the Jersey City, New Jersey- based company said it had net income of 27 cents. Bel Fuse shares have dropped nearly 4 percent since the beginning of the year.

  • CAMDEN, N.J. _ Campbell Soup Co. on Friday reported fiscal second-quarter earnings of $101 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 88 cents per share. Four analysts surveyed by Zacks expected $2.22 billion.

  • PISCATAWAY, N.J.— Rutgers University has apologized after turning students away from a career fair for wearing the wrong colored clothing. NJ.com reports that Rutgers Business School issued a formal apology in a statement on Thursday for barring students from entering a job fair who wore attire that violated a new dress code. Rutgers says it will help students...

  • WASHINGTON— The new leader of Newark's more than 1 million Catholics carried a strong message against President Donald Trump's immigration order as he joined the state's lobbyists on their annual schmooze-fest in Washington. Newark Archbishop Cardinal Joseph Tobin was one of the nearly 1,000 lobbyists, business people and politicians who rode the rails...

  • WASHINGTON, Feb 16- Outlets of Santander Bank, already under fire for lending practices, denied mortgages to women, minorities and low-income borrowers in the U.S. The Committee for Better Banks, a coalition of bank workers, consumer advocacy groups and unions, dug into government data on home loans in the U.S. Santander's Ann Davis said the main data source,...

  • Chris Christie delivered a stern warning to a gathering of New Jersey lobbyists, business people and politicians that the field of candidates looking to succeed him could be making too many promises. Christie spoke Thursday night at the state Chamber of Commerce's annual dinner after a daylong train ride from New Jersey to the nation's capital.