The award is a slice of the $573 million settlement being split among 47 states, the District of Columbia and five U.S. territories.
Read More »
Government
Supreme Court agrees to hear PennEast pipeline case
New Jersey environmental officials have long opposed the 116-mile project which has the potential to deliver roughly 1.1 billion cubic feet of gas per day from a shale formation in Pennsylvania to roughly 5 million customers in the region.
Read More »Murphy to loosen rules on restaurants and other indoor businesses (updated)
Gov. Phil Murphy said Feb. 3 that indoor dining capacity limits will be raised from 25% to 35% and the 10 p.m. curfew will be lifted in advance of the Super Bowl.
Read More »Murphy admin adds $5M to small business rent aid program
Under the “Small Business Lease - Emergency Assistance Grant Program - businesses in the state’s 64 most at-need towns and cities are eligible to apply for grants capped at $10,000.
Read More »Choose NJ says it’s drawn 33 businesses to stay, move to NJ
Combined, these businesses brought 1,455 jobs and $607 million of capital investment into building new facilities or expanding the existing ones.
Read More »NJEDA, Philly Fed project aimed at propping up minority-owned businesses (updated)
The Research in Action Lab program explores a particular issue related to poverty and economic mobility in a given community, and its members explore business ideas that could serve to rectify those problems.
Read More »Biden’s $1.9T COVID relief vs. GOP’s $600B, what that means for NJ
President Joe Biden is slated to meet with the 10 GOP senators over a scaled-down version of a landmark COVID-19 federal relief bill.
Read More »Get ready
Many challenges are coming for employers in New Jersey and nationally with the Democrats now controlling both the White House and Congress. Management needs to take out the crystal ball and start preparing for the inevitable.
Read More »Jobless claims fall as NJ sends out $450M of CARES Act unemployment
For the week ending Jan. 23, there were 13,916 unemployment claims, down from 16,769 the week ending Jan. 16, according to the USDOL. Claims soared to above 20,000 for the last week of December and the first half of January, after staying in the teens since Halloween.
Read More »NJ pension fund surges in 2nd half of 2020 amid COVID recession
Figures released by the State Investment Council showed a 14.8% ROI during the second half of 2020, double the assumed 7.3% rate of return for the system.
Read More »NJ House delegation renews calls for repealing federal SALT cap
The State's 12 House members have asked Speaker Nancy Pelosi and Senate Majority Leader Chuck Schumer to include the SALT deduction restoration in the next coronavirus-relief package.
Read More »NJ to now get 130K COVID vaccine doses for next 3 weeks
The Biden administration has vowed to ramp up distribution meaning NJ will see an increase in its vaccine allocation helping the state to plan dispensation in a more thorough and efficient manner than scrambling with week-to-week allocations.
Read More »