EDA releases tax breaks for 31 companies

The state’s Economic Development Authority released $52.7 million in tax breaks to 31 companies even as the agency ramps up its scrutiny of New Jersey’s now-expired corporate incentive programs to make sure businesses are following the rules. Only 10 of the projects involved, amounting to $11.6 million, received awards under the Grow New Jersey program. ...

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Murphy: India trip brings 1,250 jobs to New Jersey

Three India-based technology consulting companies with operations in New Jersey will expand their presence, adding approximately 1,250 jobs. The new jobs are a direct result of face-to-face meetings Gov. Phil Murphy has conducted during his seven-day trade mission in India, according to his office. The companies have decided to increase their presence without any tax ...

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Munoz calls for release of vetting documents on Corbett tax break

Assemblywoman Nancy Munoz, R-21st District, is calling on the Murphy administration to release NJ Transit President Kevin Corbett’s vetting documents. Corbett is being scrutinized for receiving a sizable tax break from Mendham Township because he raises sheep on 5.5 acres of his 6.24 acre home under New Jersey’s Farmland Assessment Act. “It’s time they step ...

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Garden State experiences lowest monthly unemployment rate since recordkeeping began in 1976

August marked the fifth consecutive month that New Jersey’s unemployment rate continued its downward trend. The state’s unemployment rate edged lower by 0.1 of a percentage point to 3.2 percent – the lowest monthly rate since state-level records began in 1976 – and remained below the national unemployment rate of 3.7 percent, according to estimates ...

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Gov. Murphy announces two partnerships with Indian institutions

Gov. Phil Murphy announced a partnership Thursday between the National Research Development Corporation and Rowan University to collaborate on research and development. Murphy says this partnership will promote, develop, and commercialize inventions, patents, and processes emanating from research and development institutions and universities. Murphy is visiting India on an economic mission trip to tout New ...

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Michele Siekerka, president and CEO, NJBIA.

Most employees believe men and women have equal opportunities in the workplace, NJBIA survey says

About a third of women feel they have fewer opportunities at work than men, according to a survey by Taft Communications and the New Jersey Business & Industry Association. The fourth annual New Jersey State of Diversity Survey also found that 21 percent of men believe women have more opportunities than men. Younger respondents were less likely ...

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Pallone secures enrollee expansion for the 9/11 World Trade Center health program in continuing resolution

Energy and Commerce Chairman Frank Pallone, Jr., D-6th District, announced on Wednesday that the Continuing Resolution just introduced to fund the federal government beyond the end of the 2019 Fiscal Year includes a provision he fought to have included that will increase enrollment numbers for the 9/11 World Trade Center Health Program. The increase was ...

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E Cigarette Vaping Electronic Cigarette Vaporizer

Sweeney challenges tobacco companies to take immediate action to curb vaping by young people

Senate President Steve Sweeney, D-3rd District,  met with officials from the three top tobacco companies, where he challenged them to take immediate action to reduce the use of e-cigarettes and other electronic smoking devices by young people. Senator Sweeney summoned officials from Juul, Altria and Reynolds to a meeting in Trenton, where he urged them to ...

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Perth Amboy left out of $12M NJ tax break deal, mayor says

Perth Amboy officials contend that they were left out of negotiations between the state Economic Development Authority and online food company Gourmet Nut – which had been eyeing a move out of Brooklyn – resulting in the city getting a shorter end of the stick on the agreement. State officials approved the $12.1 million corporate ...

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