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Hills settle with USDOL over InterArch profit-sharing mismanagement

A U.S. Department of Labor investigation determined the couple violated its fiduciary duties, in particular finding they overinvested in Metro Bank and Republic First Bank – two financial institutions that were headed by Vernon Hill – while failing to sell shares even as prices for each institution fell.

Read the full story

Former New Jersey Gov. Jim Florio dies at 85

Florio, a Democrat, was governor from 1990 to 1994 after serving eight terms representing the 1st congressional district in the House of Representatives.

Murphy highlights $49M New Brunswick train station upgrades

The governor called attention to the spending from the state's Fiscal Year 2023 budget, which will include extending and replacing passenger platforms, rehabilitating escalators and elevators, installing energy-efficient lighting, and upgrading heating and air-conditioning systems at the Hub City train station.

NJBIZ Conversations: Leslie Hirsch

The president and CEO of Saint Peter's Healthcare System discusses the provider's failed deal, what comes next and the state of the market in New Jersey.

NJ businesses dealing with another cost: minimum wage increase

When the state recently announced the move to $14.13 per hour for most employees, effective Jan. 1, 2023, it was not a shock, but it did add to an ever-more challenging economic climate.

Hills settle with USDOL over InterArch profit-sharing mismanagement

A U.S. Department of Labor investigation determined the couple violated its fiduciary duties, in particular finding they overinvested in Metro Bank and Republic First Bank – two financial institutions that were headed by Vernon Hill – while failing to sell shares even as prices for each institution fell.

Read the full story

Former New Jersey Gov. Jim Florio dies at 85

Florio, a Democrat, was governor from 1990 to 1994 after serving eight terms representing the 1st congressional district in the House of Representatives.

Murphy highlights $49M New Brunswick train station upgrades

The governor called attention to the spending from the state's Fiscal Year 2023 budget, which will include extending and replacing passenger platforms, rehabilitating escalators and elevators, installing energy-efficient lighting, and upgrading heating and air-conditioning systems at the Hub City train station.

NJBIZ Conversations: Leslie Hirsch

The president and CEO of Saint Peter's Healthcare System discusses the provider's failed deal, what comes next and the state of the market in New Jersey.

NJ businesses dealing with another cost: minimum wage increase

When the state recently announced the move to $14.13 per hour for most employees, effective Jan. 1, 2023, it was not a shock, but it did add to an ever-more challenging economic climate.



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