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Recent Articles from Daniel J. Munoz
Health Care
August 17, 2020
French drugmaker Sanofi buys Principia for $3.4B
Principia's most advanced drug is rilzabrutinib, which is meant to treat a variety of autoimmune disorders and just entered Phase 3 of testing.
Government
August 14, 2020
Middlesex County rolls out $30M in small business COVID-relief grants
Applications open Monday for the aid, available to companies deemed "non-essential" at the onset of the pandemic to reimburse costs and loss of revenue.
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August 14, 2020
NJ contact tracers still hitting brick wall, getting little cooperation, Murphy says
Meanwhile, the state has seen its highest numbers of new daily cases of the virus in weeks, with more than 3,000 accounted for over the past seven days.
Latest Headlines
August 13, 2020
Delayed filing date inflates state tax revenues in July
Income tax came in at $3.4 billion, a 254 percent increase from the $948 million the state took in last year. Corporate business tax collections came in at $589 million, a 231 percent increase from the $177 million the state saw last July.
Latest Headlines
August 13, 2020
Camden County adds $5M in small business COVID-relief grants (updated)
With such a small group of applicants missing out on the initial $20 million in funding, there could be plenty to go around—a rare scenario at a time where government aid is in high demand.
Latest Headlines
August 13, 2020
NJ jobless claims fall for second consecutive week
“The virus is still out there, people are still hesitant to return to their normal,” said Rutgers School of Management and Labor Relations economist Michael Merrill. “At some point the return to work is going to top out, and we’re going to be stuck there until we can figure out how” to take control of the virus.
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August 12, 2020
Online gambling still rules even with casinos open again
Revenue for all nine Atlantic City gaming halls totaled $264 million in July, a steep drop from last year when they took in nearly $335 million.
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August 12, 2020
Murphy welcomes ruling on bonds; critics warn against new debt
“This means that when I present my new budget for the 2021 fiscal year in roughly two weeks, our schools can be funded, our residents and communities can be protected, and our state can move forward,” the governor said at a briefing in Trenton.
Latest Headlines
August 11, 2020
Murphy admin looks to cover small business costs for NJ-made PPE (updated)
"By encouraging sourcing from N.J.-based wholesalers, a greater percentage of the funds will stay in New Jersey and support local job creation and business growth,” reads a memo from the Agency's board. “Over time, these subsidies can help provide N.J.-based manufacturers and small wholesalers with the scale they need to compete more broadly in the PPE marketplace."
Latest Headlines
August 11, 2020
Big Ten postpones football season amid global pandemic (udpated)
The announcement also includes men's and women's cross country, field hockey, men's and women's soccer and women's volleyball, along with championship games and conference tournaments.
Government
August 11, 2020
NJ COVID self-quarantine advisory adds 3, drops 5 locales
The list now stands at 31 states, along with Puerto Rico and the Virgin Islands.
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August 11, 2020
Lawmakers eye labor department audit over COVID unemployment delays
The state's system has been fraught with delays stemming from the historic demand for benefits and the agency’s dependence on a 60-year-old computer language known as COBOL.
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