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Top News & Analysis New Jersey

  • NEW YORK, Jan 19- New Jersey's new governor, Phil Murphy, signed an executive order on Friday calling for an evaluation of the state's corporate tax break programs by the comptroller's office before year-end. Newark has offered the company a hefty incentives package, and the state recently enacted a law that would provide Amazon tax incentives to locate its "HQ2"...

  • NEW YORK, Jan 19- The dollar's drop to three-year lows this week after prolonged weakness in 2017 is expected to further boost profits at big U.S. companies when investor optimism is already high over corporate tax cuts. Investors are keeping an eye out for signs of the dollar's impact on company earnings as fourth quarter reporting ramps up next week.

  • NEW YORK, Jan 19- New Jersey's new governor, Phil Murphy, signed an executive order on Friday calling for an evaluation of the state's corporate tax break programs by the comptroller's office before year-end. Newark has offered the company a hefty incentives package, and the state recently enacted a law that would provide Amazon tax incentives to locate its "HQ2"...

  • *Chicago plans $661 mln bond sale, down from $898 mln. Jan 19- Chicago will hit the U.S. municipal market next week with a downsized version of a bond issue that originally had been slated to sell this week. Chicago's Sales Tax Securitization Corp plans to sell $661 million of tax-exempt and taxable bonds, according to a market source familiar with the deal.

  • Senator Robert Menendez, a Democrat from New Jersey, exits federal court in Newark, New Jersey, U.S., on Wednesday, Oct. 11 2017.

    A jury was deadlocked during a trial in November.

  • NEW YORK, Jan 19- The dollar's drop to three-year lows this week after prolonged weakness in 2017 is expected to further boost profits at big U.S. companies when investor optimism is already high over corporate tax cuts. Investors are keeping an eye out for signs of the dollar's impact on company earnings as fourth quarter reporting ramps up next week.

  • The order came just a day after Seattle- based Amazon named Newark one of 20 finalists for its second headquarters and after the Democrat-led Legislature and previous Gov. It was difficult to miss the implied criticism of Christie, whom Murphy succeeded on Tuesday and under whom New Jersey pledged billions of dollars in tax credits to lure big companies, like...

  • Jan 19- Wall Street's main indexes rose on Friday, powered by gains in Amazon and Nike, while investors shrugged off fears of a looming U.S. government shutdown. The bill has yet to be approved by the Senate, where it faces an uncertain future. The House has a deal and the Senate maybe an issue.

  • The bill has yet to be approved by the Senate, where it faces an uncertain future. "Naturally there are concerns, the House has a deal and the Senate maybe an issue. But investors are betting something will get done to avert a shutdown, "said Andre Bakhos, managing director at New Vines Capital LLC in Bernardsville, New Jersey.

  • Cities such as Detroit, Memphis, Tennessee; and Gary, Indiana, failed to make Amazon's first cut as the online giant narrowed its list to 20 prospective sites for the $5 billion project that could employ up to 50,000 people. Larry Hogan floated an incentive package of more than $5 billion to lure the second headquarters to Montgomery County. New Jersey's pitch...

  • The U.S. Department of Health and Human Services created a new Conscience and Religious Freedom Division within its Office of Civil Rights to enforce the rights of doctors, nurses and others who invoke such objections. James Blumstein, a professor at Vanderbilt Law School in Tennessee, said the administration's plan could remedy what he described as years of...

  • Amazon said on Thursday that Toronto and 19 U.S. locales made the first cut in a contest to find a second headquarters where it promises to invest $5 billion and create 50,000 jobs. As it reviews Toronto, Amazon must weigh whether advantages including Canada's open immigration policy, top technical schools and universal healthcare outweigh any potential...

  • Amazon said on Thursday that Toronto and 19 U.S. locales made the first cut in a contest to find a second headquarters where it promises to invest $5 billion and create 50,000 jobs. As it reviews Toronto, Amazon must weigh whether advantages including Canada's open immigration policy, top technical schools and universal healthcare outweigh any potential...

  • NEW YORK— The Latest on the aftermath of a snowstorm at New York's JFK Airport:. The agency that runs New York's Kennedy Airport is asking airlines, terminal operators and baggage delivery companies to beef up their efforts to reunite travelers with lost baggage after a storm disrupts airport operations. Port Authority of New York and New Jersey Executive...

  • High-tax states still fighting Trump's tax law

    Rep. Josh Gottheimer (D-N.J.) discusses his proposal for turning property tax bills into charitable deductions.

  • Austin, Texas

    Mayors and elected officials are already making their pitch.

  • TRENTON, N.J.— Several major not-for-profit hospital groups are trying their own solution to drug shortages and high prices: creating a company to make cheaper generic drugs. The not-for-profit drug company initially will be backed by four hospital groups— Intermountain Health, Ascension and two Catholic health systems, Trinity Health and SSM Health— plus the...

  • Jan 18- Amazon.com Inc has short-listed 20 cities and regions, including Canada's Toronto, for the construction of a second headquarters that it says will generate 50,000 new, high-paying jobs in a $5 billion investment. Major U.S. centers including New York City, Los Angeles, Chicago and Washington D.C. also made it onto the list announced on Thursday, and smaller...

  • WASHINGTON, Jan 18- The Trump administration is finalizing its long-awaited infrastructure plan, which would push most of the financing of projects to private investment and state and local taxpayers, according to sources familiar with the proposal taking shape. The total investment that could be generated could reach as much as $1.85 trillion, a White House...

  • FORT WORTH, Texas— American Airlines says it will upgrade its daily flights between Chicago and New York to shuttle service starting this spring. From Chicago's Midway Airport, Southwest Airlines makes about six daily trips to LaGuardia and five to Newark. American also operates shuttle service between New York and Boston, New York and Washington, and...