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Top News & Analysis New Jersey

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  • NJ Senator: Take politics out of minimum wage hike Monday, 15 Oct 2012 | 2:19 PM ET

    TRENTON, N.J.-- New Jersey Senate President Steve Sweeney says minimum wage increases should not be decided by politicians. It would ask voters to raise the wage by $1, to $8.25 per hour, and tie yearly increases to national economic data, called indexing. The Gloucester County Democrat says he decided to try to amend the constitution after Gov.

  • Celgene downgraded on potential acquisitions Monday, 15 Oct 2012 | 2:17 PM ET

    NEW YORK-- An Oppenheimer& Co. analyst downgraded shares of Celgene Corp. on Monday, saying he thinks the biotechnology company is getting ready to make some pricey new acquisitions. Peaker said he expects continued growth in sales of the cancer drug Revlimid, Celgene's biggest product, in the coming years.

  • Study: Privatized Medicare would raise premiums Monday, 15 Oct 2012 | 1:07 PM ET

    WASHINGTON-- Nearly six in 10 Medicare recipients would pay higher premiums under a hypothetical privatized system along the lines of what Republican presidential candidate Mitt Romney has proposed, according to a study released Monday.

  • NJ Transit ending freebies for some Monday, 15 Oct 2012 | 11:08 AM ET

    NEWARK, N.J.-- New Jersey Transit will stop providing free rides for some employees and retirees. NJ Transit says the move could bring in an additional $1.6 million annually. Similar measures have been approved by the New Jersey Turnpike Authority, Delaware River Port Authority and Port Authority of New York and New Jersey.

  • Rocking at 50: Rolling Stones to tour again Monday, 15 Oct 2012 | 10:04 AM ET

    The shows will take place on Nov. 25 and 29 at London's O2 Arena, followed by gigs on Dec. 13 and 15 at the Prudential Center in Newark, New Jersey, just outside of New York. The shows mark the first time in five years that the Stones have performed live, with Mick Jagger, Keith Richards, Charlie Watts and Ronnie Wood all coming together once more.

  • Rolling Stones to play Newark's Prudential Center Monday, 15 Oct 2012 | 9:59 AM ET

    NEWARK, N.J.-- The Rolling Stones are coming to "The Rock." Mick Jagger and the band will perform two concerts at Newark's Prudential Center on Dec. 13 and 15.. Presale tickets will be available at noon on Oct. 20.

  • NJ Transit to vote on ending freebies for some Monday, 15 Oct 2012 | 9:49 AM ET

    NEWARK, N.J.-- New Jersey Transit officials may soon decide whether they will stop providing free rides for some employees and retirees. NJ Transit says the move could bring in an additional $1.6 million annually. Similar measures have been approved by the New Jersey Turnpike Authority, Delaware River Port Authority and Port Authority of New York and New Jersey.

  • Salmonella fear spurs firm to recall dog treats Saturday, 13 Oct 2012 | 6:04 PM ET

    TRENTON, N.J.-- A pet food company is voluntarily recalling dog treats that could be contaminated with salmonella.

  • Mass. pharmacy founder had background in recycling Saturday, 13 Oct 2012 | 11:57 AM ET

    NECC was founded in 1998 by Barry Cadden and Gregory Conigliaro as a compounding pharmacy, a laboratory that custom-mixes solution, creams and other medicines in dosages and forms that often are unavailable from pharmaceutical companies.

  • TD Bank says 260K customers exposed in data breach Friday, 12 Oct 2012 | 10:03 PM ET

    CHERRY HILL, N.J.-- TD Bank has begun notifying about 260,000 customers from Maine to Florida that the company says may have been affected by a data breach. Still, TD Bank has not ruled out the possibility and is monitoring the situation. TD Bank has eight million customers.

  • NPS Pharma jumps ahead of Gattex FDA review Friday, 12 Oct 2012 | 6:34 PM ET

    NEW YORK-- Shares of NPS Pharmaceuticals Inc. surged to their highest price in more than six years Friday as investors hope that a Food and Drug Administration advisory panel will recommend that the FDA approve NPS' bowel drug Gattex.

  • *Orbcomm had $10 million insurance policy on mission. CAPE CANAVERAL, Fla., Oct 12- An experimental communications satellite flying piggyback aboard a Space Exploration Technologies' Falcon 9 rocket fell out of orbit and burned up in the atmosphere following a problem during liftoff, satellite operator Orbcomm said on Friday.

  • Satellite destroyed following SpaceX rocket glitch Friday, 12 Oct 2012 | 3:59 PM ET

    *Orbcomm had $10 million insurance policy on mission. CAPE CANAVERAL, Fla., Oct 12- An experimental communications satellite flying piggyback aboard a Space Exploration Technologies' Falcon 9 rocket fell out of orbit and burned up in the atmosphere following a problem during liftoff, satellite operator Orbcomm said on Friday.

  • Oct 12- The deadly outbreak of fungal meningitis expanded to 12 states with the first case confirmed in Texas, the Centers for Disease Control and Prevention said on Friday, bringing the total of cases to 184..

  • Such a move would force the new Astoria plant to boost its offer price for capacity, leading to major power price increases that would harm consumers, the New York Public Service Commission said in a release Thursday.

  • CDC: Meningitis outbreak growing, 14 people dead Friday, 12 Oct 2012 | 8:30 AM ET

    J. Todd Weber of the Centers for Disease Control and Prevention said as the death toll reached 14.. The other case is an ankle infection discovered in Michigan; steroid shots also can be given to treat aching knees, shoulders or other joints.

  • Violent street gang: US targets finances of MS-13 Friday, 12 Oct 2012 | 8:19 AM ET

    The Treasury Department formally designated MS-13, or Mara Salvatrucha, a transnational criminal organization.

  • J&J 3Q report to focus on pharmaceutical business Friday, 12 Oct 2012 | 6:39 AM ET

    TRENTON, N.J.-- Johnson& Johnson will likely discuss the health of its prescription-drug business and progress on its manufacturing problems when it reports third-quarter results before the stock market opens Tuesday.

  • Celgene gets new Abraxane marketing approval Friday, 12 Oct 2012 | 12:04 AM ET

    SUMMIT, N.J.-- Celgene Corp. said Friday it won a new marketing approval for its drug Abraxane. Shares of Celgene advanced $1.66, or 2.1 percent, to $79.38 in morning trading.

  • *Minnesota woman sues pharmacy in federal court. WASHINGTON/ BOSTON, Oct 11- The pharmacy at the center of a deadly U.S. meningitis outbreak possibly linked to tainted steroid injections faced mounting federal and state scrutiny on Thursday, including a potential criminal investigation, as the national death toll climbed to 14..