Top News & Analysis New Jersey

  • HOWELL, N.J.— Shoppers were looking to snap up bargains in the electronics department after their Thanksgiving dinners. Big-screen televisions were a hot item at a Best Buy store in Howell Township. Tanya Jordan said she was looking for a big-screen TV but also planned to browse the camera department, hoping to upgrade her current equipment if she could find the...

  • NEW YORK— After enjoying the Thanksgiving turkey, some Americans hit the stores for what retailers hope will be a new tradition to start the holiday shopping season. It was her seventh visit to New York but her first time shopping on Thanksgiving. Martin McDuffie, 34, came to a Walmart in suburban Columbia, South Carolina, for just one thing— a 60- inch television for...

  • ALBANY, N.Y.— President-elect Donald Trump has made big promises when it comes to building new highways, tunnels, bridges and airports in America— and New York Gov. Cuomo has embarked on projects to rebuild Penn Station and LaGuardia and Kennedy airports, and to replace the aging Tappan Zee Bridge. There are also plans to invest billions of dollars into upstate...

  • The U.S. Army Corps of Engineers told The Associated Press it awarded a contract Wednesday to Cranford, New Jersey- based Weeks Marine to perform the work in Margate, Longport and part of Ventnor. Ed Voight, a spokesman for the Army Corps, said construction should begin in January or February and be completed by October 2017. Six homeowners are suing the Army Corps...

  • NEW YORK— A motorcycle that Bruce Springsteen was riding when a group of veterans found him broken down on the side of a New Jersey road was built by none other than Billy Joel. Joel told an audience in New York on Monday he gave The Boss the motorcycle, which broke down on Veterans Day. Joel built the motorcycle for Springsteen at the 20th Century Cycles shop in Oyster...

  • NEWARK, N.J.— Travelers flying out of Newark Liberty International Airport this holiday weekend may be getting through security screenings quicker than expected. The Transportation Security Administration and Chicago- based United Airlines have opened four new automated screening lanes to help speed traffic at the checkpoints in Terminal C. Two of the...

  • *Dow hits intraday record high for third straight day. *Fed minutes to be released at 2 p.m. ET. NEW YORK, Nov 23- The U.S.

  • NEW YORK— This holiday season, elves and "joy" may be on the way out and "peace" and "hope" on the way in. Some retailers say they have seen a surge in feel-good items such as spa treatments, candles and comfort food, while executives at some major retailers like Wal-Mart, Target and Macy's have said there's no discernable shift in consumer behavior since the presidential...

  • NEW YORK— December's almost here, which means many fund investors are about to get a taxable lump in their accounts. The end of the year is distribution season for mutual funds and exchange-traded funds. The biggest mutual-fund family by assets, Vanguard, expects to send gains distributions for several dozen of its funds in late December, for example, running the...

  • *Eli Lilly tumbles 14 pct after Alzheimer's drug fails. *Nasdaq biotech index set for worst day in 3 weeks. Nov 23- U.S. stocks dipped on Wednesday as a drop in the healthcare sector took the shine off a post-election rally that had powered Wall Street to record levels.

  • *Eli Lilly tumbles after Alzheimer's drug fails. *Other health stocks, including Biogen, drop. Nov 23- Wall Street was poised for a quiet open on Wednesday, a day after the post-election rally powered major indexes to record highs as investors bet that the next U.S. government's policies would be more market friendly.

  • HAMILTON, N.J.— Soda giant Dr Pepper Snapple Group Inc. has agreed to purchase New Jersey's fast-growing Bai Brands for $1.7 billion. Dr Pepper Snapple officials say the acquisition will help the company expand into the low-calorie beverage market. Bai will operate within Dr Pepper Snapple's packaged beverages segment.

  • TRENTON, N.J.— The founder of a national police union who was convicted of stealing hundreds of thousands of dollars in union funds for his personal use is now headed to prison. Federal prosecutors say Assane Faye received a 37- month sentence on Tuesday. The 61- year-old Toms River man was convicted in May on two counts of embezzlement.

  • TRENTON, N.J.— State officials have permanently revoked the medical license of a New Jersey doctor who recently admitted concealing more than $3.6 million to evade taxes and pay kickbacks for referrals. The decision by the state Board of Medical Examiners was announced Tuesday. They found that Manoj Patharkar, who ran pain management clinics in Edison and...

  • ATLANTIC CITY, N.J.— The strike that preceded the shutdown of the Trump Taj Mahal casino helped drag Atlantic City's casino industry to a 10.6 percent decline in gross operating profits in the third quarter of this year. Gross operating profit reflects earnings before interest, taxes, depreciation and other charges, and is a widely accepted measure of...

  • *Deal value includes tax benefit of about $400 mln. *Bai to add $132 mln to 2017 net sales. Nov 22- Dr Pepper Snapple Group Inc said on Tuesday it would buy antioxidant beverages maker Bai Brands LLC for $1.7 billion in cash, the latest example of a soft-drinks maker investing in products that are perceived to be healthier.

  • NEW YORK— Dr Pepper Snapple Group will pay $1.7 billion for Bai Brands, a fruity drink maker that counts pop star Justin Timberlake as an investor. Dr Pepper Snapple's brands include its namesake Dr Pepper soda, A&W root beer and Canada Dry ginger ale. Dr Pepper Snapple Group Inc., based in Plano, Texas, expects Bai to generate about $425 million in sales next year.

  • Nov 22- Dr Pepper Snapple Group Inc said on Tuesday it would buy antioxidant beverages maker Bai Brands LLC for $1.7 billion, in cash, in the latest example of a soft-drinks maker investing in products that are perceived to be healthier. Dr Pepper Snapple, which also makes the 7 UP and Schweppes soft drinks, already has a roughly 3 percent stake in Bai.

  • CAMDEN, N.J.— Campbell Soup's first-quarter profit beat Wall Street's view, helped by reduced expenses and sharply lower restructuring charges. The maker of canned soup, Pepperidge Farm cookies and V8 juice earned $292 million, or 94 cents per share, for the three months ended Oct. 30. This topped the 95 cents per share that analysts surveyed by Zacks Investment...

  • PARAMUS, N.J. _ Movado Group Inc. on Tuesday reported fiscal third-quarter profit of $20.2 million. Movado expects full-year earnings to be $1.40 to $1.55 per share, with revenue in the range of $550 million to $560 million. Movado shares have increased slightly since the beginning of the year.