Christie administration to render unemployment trust fund solvent next week

It’s a move he said will save employers $211 million by sparing them from “drastic tax increases” under the Federal Unemployment Insurance Tax Act. The administration claims that between its reforms in antifraud measures, misconduct standards, debit card and direct deposit use, and implementation of the Federal Treasury Offset Program, the state was able to ...

Read More »

Asbury Park gets 3.6 million federal grant to repair boardwalk

The grant comes from the Federal Emergency Management Agency and will cover 90 percent of the project cost. Pallone estimates Sandy damaged 66,000 square feet of the city’s boardwalk. After the storm hit, the city scrapped some areas of the boardwalk and temporarily repaired others until a permanent fix was made available. Monmouth County-based GCS ...

Read More »

Christie helps break ground on 845M natural gas plant in Woodbridge

The 700-megawatt facility is expected to open by early 2016 and generate enough electricity to power 700,000 homes, company representatives said. CPV, a Silver Spring, Md.-based energy firm, is developing the plant with Toyota Tsusho Corp. and ArcLight Capital Partners, whose subsidiary will operate the facility. Executives and public officials gathered for a ceremony today ...

Read More »

Shore business owners star in ad to block minimum-wage hike

The new television spot, which can be seen on NoOn2.com, features comments from two Jersey Shore small-business owners — Bill Gehlhaus, in Keansburg, and Bobby Stewart, in Seaside Heights. “We had two bad hits this year,” Stewart says in the ad. “We had Sandy, we had the fire. This amendment would be the third bad ...

Read More »

Paid sick-leave fight headed to Newark

Similar to Jersey City’s, Ramos’ ordinance would allow for employees to earn up to one hour of paid sick time for every 30 hours worked. Under the ordinance, there would be a cap at 40 hours per year for businesses with 10 or more employees, or ones that offer childcare, food service or direct care. ...

Read More »

Business, government leaders in Elizabeth say more preparation needed for next Sandy

The event was held in response to President Barack Obama’s national climate change initiative, which he presented in June. The plan calls for investment in clean and efficient energy and places limits on carbon emissions from power plants. Joe DeNicholas, vice president of operations and logistics for locally based Atalanta Corp., said Sandy caused the ...

Read More »