Top News & Analysis New Jersey

  • NEW YORK-- The night busted open in New York City as Bruce Springsteen and other Rock and Roll Hall of Famers helped Steven Van Zandt celebrate his Big Man of the Year award. "What a liar," Van Zandt retorted with a grin.

  • NEW YORK-- A surprisingly strong housing report helped push the stock market mostly higher Wednesday, even as weak earnings reports from Intel and IBM weighed on the Dow Jones industrial average.

  • MADISON, N.J.-- Quest Diagnostics Inc.' s third-quarter earnings slipped 5 percent, as restructuring costs and a drop in clinical testing revenue hurt the medical laboratory operator's performance. Overall, the company earned $163.1 million, or $1.01 per share, in the three months that ended Sept. 30.

  • ALBANY, N.Y.-- Federal authorities say a central New York farmer and a New Jersey waste management company owner have been found guilty of conspiring to illegally dump tons of asbestos-contaminated construction debris on wetlands near the Mohawk River in 2006..

  • The Atlantic City Alliance, the new marketing arm of the casinos, says its multimillion-dollar advertising campaign shows people in New Jersey, New York, Pennsylvania and Baltimore, Md., are improving their perceptions of Atlantic City. That money is now being used to promote Atlantic City more aggressively than ever before.

  • JERSEY CITY, N.J.-- Knight Capital Group Inc. reported a large loss in its third quarter because of the fallout from a disastrous software glitch. The glitch in Knight Capital's trading software, which occurred in August, flooded the market with erroneous trades. Knight Capital takes orders from big brokers like TD Ameritrade and E-Trade.

  • PARSIPPANY, N.J.-- Shares of Watson Pharmaceuticals Inc. reached new highs Tuesday after the Federal Trade Commission cleared its acquisition of Swiss drugmaker Actavis Group. Watson and Actavis will sell three approved products to Sandoz, a unit of Novartis AG, including generic versions of the antidepressant Wellbutrin XL and the anxiety drug Ativan.

  • Johnson& Johnson's third-quarter profit fell 7 percent as litigation and acquisition costs and factory upgrade expenses related to its consumer product recalls offset higher medicine and medical device sales.

  • There are lots of ways fungus could have gotten inside the Massachusetts compounding pharmacy whose steroid medication has been linked to a lethal outbreak of a rare fungal form of meningitis. Company spokesman Andrew Paven said by email that criminal investigators from the Food and Drug Administration were at the pharmacy in Framingham, Mass., on Tuesday.

  • Realogy priced 40 million shares at $27 apiece, and the stock soared more than 25 percent in its trading debut on Thursday. Realogy on Tuesday announced the IPO's closing, and said that the $1.2 billion raised was net of underwriters' discounts and commissions, as well as estimated offering expenses.

  • BOSTON-- Investors, concerned about PNC Financial Services Group Inc.' s ability to grow profit amid record-low interest rates and increasing expenses, drove down the bank's shares Tuesday after its third-quarter results.

  • NEW YORK-- Shares of Tumi, which makes pricey luggage, fell Tuesday after the company said some shareholders, including the company's CEO and CFO, plan to sell stock.

  • TRENTON, N.J.-- A New Jersey Senate panel narrowly passed a resolution Monday that would ask voters to approve a minimum wage increase next year along with automatic yearly adjustments.

  • CONCORD, N.H.-- The New Hampshire attorney general's office says it's been notified that TD Bank's potential data breach could affect 43,750 customers in New Hampshire. TD Bank says it's monitoring the situation. TD Bank has eight million customers.

  • Johnson& Johnson's third-quarter profit fell 7 percent as litigation and acquisition costs and factory upgrade expenses related to its consumer product recalls offset higher medicine and medical device sales.

  • MONTPELIER, Vt.-- Don't let the bright eyes and bushy tails fool you. In southern Vermont, Clarence Boston said he hasn't seen such an infestation of pests in the 33 years he has been an orchardist on 60 farms in five states. This year's squirrel boom in parts of Vermont followed two seasons of bountiful acorn and beechnut crops and last year's mild winter.

  • SHORT HILLS, N.J.-- Investors Bancorp Inc. has closed on its $135 million acquisition of Marathon Banking. "The addition of Marathon more than doubles our branch network in the New York market and provides opportunities for us to enhance our commercial franchise," Investors Bancorp President and CEO Kevin Cummings said in a statement.

  • The NCAA announced Monday that it would find new hosts for five championships scheduled to be held in New Jersey next year.

  • TRENTON, N.J.-- New Jersey's Health Department says it's issuing its first license to allow a medical marijuana dispensary to open. Officials announced Monday that Greenleaf Compassionate Care Center in Montclair has cleared all the hurdles to open. Health Commissioner Mary O'Dowd says she expects the dispensary will not be able to open immediately.

  • 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.