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Top News & Analysis New Jersey

  • While the New Jersey Supreme Court didn't address the constitutionality of the internet ban, it characterized it as "overbroad" and ruled the plaintiff deserved a full parole board hearing. The case has similarities to a North Carolina case recently argued before the U.S. Supreme Court in which a convicted sex offender mounted a First Amendment challenge to a...

  • TRENTON, N.J.— A lawsuit claims that a New Jersey- based auto dealer that specializes in high-end used cars sold customers warranties that did not exist and pocketed the thousands of dollars customers paid for them. Lawyer Susan Chana Lask says her clients are seeking more than $5 million from Richard Catena Auto Wholesalers. The lawsuit was filed March 10 in...

  • PARAMUS, N.J. _ Movado Group Inc. on Monday reported fiscal fourth-quarter net income of $5.2 million. Movado expects full-year earnings to be $1.40 to $1.55 per share, with revenue in the range of $515 million to $530 million. Movado shares have dropped 18 percent since the beginning of the year.

  • NEW YORK— A plane from Chicago that landed at LaGuardia Airport on Saturday got stuck in a snowdrift while turning off the runway and had to be pulled out by a tug. The pilot of the Republic Airline flight operating under Delta was trying to leave the runway in order to taxi to the gate when the plane got stuck. There were 73 passengers on board and no one was injured, and...

  • BOSTON— Boston College's chancellor, the Rev. He was Boston College's longest-serving president. "Monan devoted more than four decades of his life to Boston College, playing a decisive role in its reorganization and increased recognition in American higher education," Leahy said in a statement.

  • The Consumer Financial Protection Bureau has taken enforcement actions against many financial companies, angering the industry and Republican lawmakers, who accuse it of overreaching its authority. The Justice Department filed a legal brief with the court Friday arguing that the agency's structure violates the Constitution because it gives excessive...

  • March 17- A New Jersey pastor and a Florida software engineer were convicted on Friday of scheming to help an illegal bitcoin exchange avoid having banks and regulators look into its activities. Pastor Trevon Gross, 47, and programmer Yuri Lebedev, 39, were convicted of conspiracy and bribery charges by a jury in Manhattan federal court after a week of...

  • NEW YORK, March 17- U.S. stocks dipped on Friday as bank shares fell alongside Treasury yields while Adobe helped buoy the S&P tech sector and the Nasdaq Composite. Analysts say investors are expecting a catalyst to thrust stocks higher after bets on President Trump's promises of tax cuts and a fiscal stimulus drove Wall Street to all-time highs on a weeks-long...

  • J.C. Penney on Friday released a list of the 138 locations that will close in the coming months as part of its plan to cut costs. Riverview Mall in Bullhead City. Fort Morgan Main Street in Fort Morgan.

  • NEW YORK, March 17- The dollar fell to a five-week low on Friday, remaining under pressure for a third straight session after the Federal Reserve quashed hopes for a further currency bull run by keeping a gradual rate-hiking pace. "At the moment, the dollar remains in correction mode, which we had fully expected," said Fawad Razaqzada, market analyst, Forex.com in...

  • March 17- A New Jersey pastor and a Florida software engineer were convicted on Friday of scheming to help an illegal bitcoin exchange avoid having banks and regulators look into its activities. Pastor Trevon Gross, 47, and programmer Yuri Lebedev, 39, were convicted of conspiracy and bribery charges by a jury in Manhattan federal court after a week of...

  • *Tiffany rises on 4th- qtr profit beat. March 17- U.S. stocks were little changed on Friday as a slide in Amgen dragged down the healthcare sector, offsetting gains in technology shares. At 9:41 a.m. ET, the Dow Jones Industrial Average was up 13.29 points, or 0.06 percent, at 20,947.84, the S&P 500 was up 1.25 points, or 0.05 percent, at 2,382.63 and the Nasdaq Composite...

  • ATLANTIC CITY, N.J.— The boot has been booted, the wheelbarrow has been wheeled out, and the thimble got the thumbs down in the latest version of the board game Monopoly. More than 4.3 million voters from 146 countries weighed in on which tokens they wanted to see in future versions of the property-acquisition game, which is based on the real-life streets of Atlantic...

  • Finance ministers and central bank heads from the Group of 20 major economies meet in Germany for two days to discuss the world economy. "Today it appears as though we're going to have another day like yesterday, where the market is looking for something substantial to create the next move," said Andre Bakhos, managing director at Janlyn Capital in Bernardsville,...

  • NEW YORK, March 16- New York City Mayor Bill de Blasio on Thursday said the city would suffer huge cuts to a wide array of services and capital funding, jeopardizing everything from housing inspections and senior services to transit projects and counter-terrorism efforts, under President Donald Trump's proposed federal budget. "New York City is directly in the...

  • WASHINGTON— In a story March 15 about health care legislation, The Associated Press reported erroneously that FreedomWorks, which organized a demonstration near the Capitol against the House Republican bill, is backed by the billionaire Koch brothers. GOP leaders acknowledge health bill changes, may delay vote. Ryan told reporters that GOP leaders could now...

  • *Dollar falls to multi-week lows against major currencies. NEW YORK, March 16- The dollar dropped to a five-week low against a basket of currencies on Thursday, still reeling from the previous session, when a statement from the U.S. But James Chen, head of research at Forex.com in Bedminster, New Jersey, said the dollar's weakness should be short-lived.

  • Marathon Pharmaceuticals, sharply criticized for getting an inexpensive old steroid drug officially approved for treating Duchenne Muscular Dystrophy and then setting a U.S. list price of $89,000 per year, is selling rights to the drug to a company focused on rare genetic conditions. Now Marathon, based in Northbrook, Illinois, has sold Emflaza's rights to...

  • SOUTH PLAINFIELD, N.J. _ PTC Therapeutics Inc. on Thursday reported a loss of $26.8 million in its fourth quarter. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 99 cents per share. PTC Therapeutics shares have decreased slightly since the beginning of the year.

  • WASHINGTON— As a new president who has vowed to keep his campaign promises, Donald Trump knows he'll be judged on whether he can repeal the so-called Obamacare law and replace it with something new. Dealing with skepticism from conservatives and moderates alike, the White House is considering changes to the bill that might reassure conservatives, all in an...