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Top News & Analysis New Jersey

  • NEW YORK, May 18- George Gagliardi knows the old adage about the shoemaker with barefoot kids: The financial adviser has two adult sons bunking at home. Imparting financial advice to his own offspring. Stop telling me what to do, "said Gagliardi, who founded Coromandel Wealth Management in Lexington, Massachusetts.

  • TRENTON, N.J.— New data shows New Jersey added 1,900 jobs last month and the unemployment rate fell to 4.1 percent from 4.2 percent. Bureau of Labor Statistics preliminary reports announced on Thursday show the state jobless rate was the lowest since 2001.. The Treasury department's chief economist, James Wooster, says the monthly report shows the state's labor...

  • SECAUCUS, N.J. _ The Children's Place Retail Stores Inc. on Thursday reported fiscal first-quarter earnings of $36.2 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.65 per share. For the current quarter ending in August, The Children's Place expects its per-share earnings to range from 70 cents to 75...

  • CARLSTADT, N.J.— Authorities have released the name of a crew member killed along with a colleague when the plane they were flying crashed this week at a small airport outside New York City. Bergen County officials said Wednesday that 33- year-old Jeffrey Alino was co-piloting the Learjet that crashed Monday afternoon in an industrial area near Teterboro...

  • Massachusetts, New York City and Philadelphia have passed laws that bar employers from asking applicants about their salary history. And several states, including California, Mississippi and Pennsylvania, have proposed similar legislation this year. "I would not be surprised if we see other states and cities consider it," says Christine Hendrickson, an...

  • ATLANTIC CITY, N.J.— The Miss America Organization on Wednesday promoted two executives to top roles in the group that stages the iconic pageant each year in Atlantic City. Josh Randle was named president and Eli Popicg was named chief financial officer of the Miss America Organization. Before that, he was the inaugural national executive director of The Duke of...

  • NEW YORK— When Snapchat went public this year, it was a reminder to many small business owners that they need to be part of the social media evolution. There's no' one size fits all,' "says Michelle Vroom, whose eponymous public relations company in the Philadelphia suburb of Horsham advises small businesses on how to use social media. "They need to think about where...

  • NEW YORK— An escalating battle between Apple and Qualcomm over money and patent rights is drawing in Taiwanese contractors that assemble Apple's iPhones. Apple claims that Qualcomm is overcharging for patent-related license fees on iPhone sales, a point Qualcomm disputes. "As Apple continues to collect billions of dollars from consumer sales of its...

  • NEW YORK— Goya Foods has decided not to sponsor New York City's annual Puerto Rican Day parade, calling the move a business decision. Jersey City, New Jersey- based Goya Foods had sponsored the parade every year for its 60- year existence, including the first parade in 1958. He was a member of the ultranationalist group Armed Forces of National Liberation, or FALN,...

  • Attorney William Fitzpatrick in New Jersey, resolves claims by the federal government and 28 states arising out of a whistleblower lawsuit filed under the False Claims Act. The deal resolved civil claims arising from what the U.S. government said was Omnicare's submission of false claims for payment for drugs under the Medicare Part D and Medicaid programs...

  • WASHINGTON, May 16- Democrats are striking back at the U.S. Congress and White House over their push to cut regulations, as Republicans ratchet up attacks on rules they say hurt business and give bureaucrats too much power. New Jersey Senator Cory Booker, a Democrat, on Tuesday introduced legislation to kill the Congressional Review Act, a law Republicans used...

  • WASHINGTON, May 16- Democrats are striking back at the regulation-cutting blitz in the U.S. Congress and White House, as Republicans ratchet up attacks on rules they say hurt business and give bureaucrats too much power. New Jersey Senator Cory Booker, a Democrat, on Tuesday will introduce legislation to kill the Congressional Review Act, a law Republicans used...

  • NEW YORK— Stores can't keep them in stock. "It just took off," says Richard Gottlieb, a consultant at Global Toy Experts in New York. Shannan Rowell, a sixth-grade special education teacher, says that after a weeklong break in late April more than half of her 25 students suddenly had one.

  • BEIJING— When the sister of President Donald Trump's son-in-law Jared Kushner promoted investment in her family's new skyscraper from a Beijing hotel ballroom stage earlier this month, she was pitching a controversial American visa program that's proven irresistible to tens of thousands of Chinese. She used the money from the sale to invest $500,000 in a...

  • May 15- A county in New York state has sued Purdue Pharma LP, Johnson& Johnson and other drugmakers, accusing them of engaging in fraudulent marketing that played down the risks of prescription opioid painkillers, leading to a drug epidemic. Those misrepresentations about drugs like Purdue's OxyContin and Endo's Opana ER led Orange County to incur health care,...

  • MORRISTOWN, N.J. _ Pernix Therapeutics Holdings Inc. on Monday reported a loss of $29.5 million in its first quarter. Pernix Therapeutics shares have nearly tripled since the beginning of the year. Keywords: Pernix Therapeutics, Earnings Report.

  • Oil rose to the highest level in more than three weeks after top exporters Saudi Arabia and Russia said supply cuts needed to last into 2018, a step toward extending an OPEC- led deal to support prices for longer than originally agreed. "The oil markets are acting well and that's helping," said R.J. Grant, head of trading at Keefe, Bruyette& Woods in New York, who also...

  • Surveillance video from a nearby business shows the moment a jet crashed near a small airport outside New York City and burst into flames. The Learjet 35 went down Monday afternoon near Teterboro Airport, killing both crew members. No one else was onboard the aircraft, which was coming from Philadelphia.

  • CARLSTADT, N.J.— A jet trying to land at a small airport near New York City crashed less than a mile from the runway among small warehouses and industrial buildings Monday, killing two crew members and sparking a fire that sent thick, black smoke spewing into the air. Police said no passengers were aboard the Learjet 35 when it went down around 3:30 p.m. a...

  • Lidl said in February it planned to open its first 20 U.S. stores in North Carolina, South Carolina and Virginia, with 80 more to follow in the United States within the first year. Lidl is owned by Germany's privately held Schwarz Group. According to the company's website, it is hiring workers in 38 cities in the eastern U.S. states of Delaware, Georgia, Maryland, New...