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Government

Apr 8, 2013

Storm will bring spending to N.J., but may not be economic rebound

It's clear that Hurricane Sandy will bring tens of billions of dollars of new recovery spending into New Jersey's economy, and give a much-needed lifeline to the construction industry and other sectors still reeling from the 2008 recession.

Apr 8, 2013

Pay to delay puts Big Pharma, generics in same corner

Pharmaceutical companies and their generic competitors, often courtroom adversaries, are fighting on the same side to protect their right to settle patent disputes out of court through cash payments.

Apr 8, 2013

Executives racing to assess how insurance reform will change benefits plans, costs

With time ticking, employers are now grappling with complex — and potentially punitive — rules under the Affordable Care Act, which in 2014 levies fines on employers with 50 or more workers who either don't provide health insurance, or whose employees receive federal subsidies to buy coverage because their employer's plan isn't...

Apr 5, 2013

Economist Job stagnation not worrisome yet

The nation's unemployment rate went virtually unchanged as U.S. employers added a meager 88,000 jobs in March, the Department of Labor reported today, for a total that's nearly half the average monthly job growth from the past 12 months.

Apr 5, 2013

Study reveals populations most in need of health insurance assistance

The expansion of the state's Medicaid program and other Affordable Care Act initiatives will open up health care access to many people, but the state must understand which sociodemographics are most likely to need coverage in order to have a significant impact.

Apr 5, 2013

Touhey recalls darkest days of recession as he leaves NJBA

Tim Touhey makes no secret of the threat faced by the New Jersey Builders Association as the Garden State navigated “what probably was the most devastating time in the history of housing,” the 2008 recession. The group maintained its ranks, but “the concern from our perspective was how long that downturn would have a severe...

Apr 4, 2013

Offshore tax havens cost small businesses thousands, study says

Offshore tax havens cost the average New Jersey small business owner nearly $4,000 in taxes each year, according to a new report.

Apr 4, 2013

Income, casino taxes divide sides in budget battling

The Assembly Budget Committee heard testimony today from the top finance officers of the Legislature and Gov. Chris Christie's cabinet.

Apr 3, 2013

Commercial fishing operations still reeling from Sandy

Much of the focus of Sandy recovery has been on restoring the state’s tourism industry, but another economic engine for Shore communities also is reeling.

Apr 2, 2013

Sandy victims get another extension to register for federal aid

Once again, New Jersey residents and business owners have been given an extension to register for disaster assistance for damages incurred during Hurricane Sandy.

Apr 2, 2013

Christie vetoes bill allowing employer deductions of intern wages

Gov. Chris Christie this week conditionally vetoed legislation that would have allowed businesses to deduct the wages of interns against their tax liabilities, saying the bill's costs outweigh its unproven benefits.

Apr 2, 2013

Hill gets 2.3M deal to oversee NJ Transit Sandy recovery effort

Marlton-based Hill International, a construction risk management company, announced Monday it will provide project management oversight for NJ Transit in connection with its Hurricane Sandy recovery efforts.