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Government

Jun 10, 2015

Amended incentives reform bill to be heard before Senate panel Thursday

Though state Sen. Raymond Lesniak announced late last month that he would no longer be pursuing a moratorium on the state's economic incentive programs, a bill he's sponsoring calling for such a measure and other reforms to the programs is scheduled to come before the Senate Economic Growth Committee on Thursday.

Jun 10, 2015

State nearly doubles April’s job growth in May

New Jersey added 7,300 private-sector jobs in May, according to the latest report from ADP.

Jun 10, 2015

EDA approves 16M in incentives for jewelry maker’s Secaucus project

The Economic Development Authority voted Tuesday to approve a 10-year, $16 million Grow New Jersey award for jewelry manufacturer Frederick Goldman to build a 59,500-square-foot facility in Secaucus instead of West Nyack, New York.

Jun 9, 2015

VaxInnate Small Cranbury company ready to take on the giants

Sure, pharmaceutical companies have a complex legal and regulatory framework to navigate.

Jun 9, 2015

Sapirstein Small pharma has some big advantages

More than three decades into his career, James Sapirstein is right where he wants to be: on the small side of New Jersey's pharmaceutical companies.

Jun 9, 2015

American Water Works gets 164 million EDA award for Camden HQ project

American Water Works, a Voorhees-based national water utility, received approval Tuesday from the state Economic Development Authority for a 10-year, $164 million Grow New Jersey award to build a new 250,000-square-foot headquarters facility in Camden.

Jun 9, 2015

State won’t have to make full pension payment, top court says

The state Supreme Court has sided with Gov. Chris Christie's administration in the battle over payments to New Jersey's ailing pension system, ruling Tuesday the state doesn't have to make the full contribution required by a sweeping reform law Christie signed in 2011.

Jun 8, 2015

Noted economist to serve as NJBIA’s top economic adviser

Well-known New Jersey economist Joel Naroff has been named the top economic adviser for the New Jersey Business & Industry Association, the business organization announced recently.

Jun 8, 2015

Christie accused of revealing grand jury information, breaking law, report says

David Wildstein, the former Port Authority official at the center of the George Washington Bridge lane closure scandal, is claiming Gov. Chris Christie broke a federal law by disclosing information pertaining to a grand jury proceeding, the New York Times reported Sunday.

Jun 8, 2015

Urban Renewal Incentives to build

Since New Jersey retooled its incentive offerings with the passage of the Economic Opportunity Act in 2013, awards have been approved for several big-ticket projects across the state.

Jun 8, 2015

Hard Rock unveils Meadowlands casino project

Hard Rock International officially unveiled last week its much-discussed proposal for a casino at the Meadowlands Racetrack that it says, if built, could generate over $400 million in new tax revenues for the state.

Jun 8, 2015

Why not Irvington? Old hospital site could be key to transforming town

Call it a case of promise over perception.