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Government

Federal government shutdown slows private-sector employment growth in N.J., economists say

Small business gains were notably meager — a trend economists blame mostly on uncertainty caused by the federal government shutdown. Rutgers University economics professor Joseph Seneca said national indicators are consistent with New Jersey, where the job market is progressing with “a light foot on the accelerator.” “We’re stuck — not in neutral, but certainly ...

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Tel-Instrument gets additional 1.24M in Navy orders

The new orders come as part of a contract worth up to $9.5 million to the company. The contract is in support of the U.S. Navy, U.S. Marine Corps, U.S. Army and various foreign military sales customers.According to the announcement, with the three delivery orders announced last week, the U.S. Navy has placed orders for ...

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Law firm Archer Greiner breaks into lobbying business

The governmental and public affairs affiliate was formed to help clients with their strategic planning and to advocate for them at all levels of government, according to the firms’ senior executives. “Governmental and regulatory agencies affect people every day,” Archer & Greiner’s president, Christopher Gibson, said in a statement. “In an increasingly complex world of ...

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Updated HUD announces 1.46B in additional Sandy funds

The funding is the second wave of relief from Washington, D.C., after the $1.8 billion that was allocated to the state in February and has since been put to work by state agencies like the Economic Development Authority. The latest round will support many of the housing, economic development and infrastructure needs that have gone ...

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Paid sick leave’s healthy returns

Granted, with only two employees plus himself, Stamborski’s Gallerie Hudson framing shop falls below the 10-worker minimum established in Jersey City’s law. But he still offers his employees paid sick time nonetheless. “If you take care of your employees, they’ll take care of you,” Stamborski said. Jersey City Mayor Steven Fulop made Jersey City the ...

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They had gas, but credit was on empty

“We were down to, like, $7,000 in our bank account, and we had, like, $23 million in receivables,” CEO Paul Riggins said. “We had all the trucks and all the fuel, but the suppliers are only going to go so far out with giving you credit.” Riggins Oil was in a fortunate situation after the ...

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Obamacare changes the business of insurance

Horizon Blue Cross Blue Shield of New Jersey is interested in picking up previously uninsured people — the intended goal of the ACA. But the company has been investing millions of dollars the past few years in an attempt to transform itself into a more consumer-oriented company. Horizon is envisioning a new world where people ...

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