Latest Headlines

Jan 14, 2015

Izod Center to close for at least 2 years, move some events to Pru Center

The state-owned Izod Center in East Rutherford would close for at least two years under a proposed deal with the Prudential Center in Newark, whose owners would pay the New Jersey Sports & Exposition Authority during that time while taking on events scheduled for the shuttered venue, NJBIZ has learned.

Jan 14, 2015

Automated parking system company names new CEO, CFO

Boomerang Systems Inc., a designer and manufacturer of an automated parking system called RoboticValet, announced Wednesday it has appointed two new members to its senior leadership team.

Jan 14, 2015

7M Americans have utilized Obamacare, but many uninsured have issues with ACA, survey finds

More than 7 million Americans have purchased health coverage through the online insurance exchanges created by the Affordable Care Act, but the 17 percent of Americans who remain uninsured cite affordability, disagreement with the ACA, lack of knowledge that the ACA requires them to get covered and uncertainty about how to apply, among their top...

Jan 14, 2015

Overnight PATH service won’t be cut, Port Authority chair says

A controversial cost-cutting proposal to eliminate overnight PATH service has been indefinitely tabled by Port Authority Chairman John Degnan.

Jan 14, 2015

Basking Ridge biotech merging with California company

Basking Ridge-based biotech Regado Biosciences Inc. is merging with a California biopharmaceutical company, they announced Wednesday.

Jan 14, 2015

As Medicaid coverage increases in N.J., concern about fraud grows, too

A Medicaid fraud guilty plea announced this week by the state attorney general's office highlights an emerging issue: As Medicaid coverage in New Jersey is expanded under the Affordable Care Act, vigilance is needed to avoid an increase in fraud.

Jan 13, 2015

State of the State Christie praises incentives, omits Transportation Trust Fund

Namedropping recent incentive-driven projects involving the likes of Subaru and the Philadelphia 76ers in Camden and Forbes Media in Jersey City, Gov. Chris Christie said in Tuesday's annual State of the State address that the streamlining of incentives under the Economic Opportunity Act has “better targeted them to areas of our state that...

Jan 13, 2015

AtlantiCare expands network of outpatient surgery centers

With the opening last week of its third outpatient surgery center, AtlantiCare now offers same-day surgery in Ocean, Atlantic and Cape May counties and can provide this lower-cost option closer to where patients live.

Jan 13, 2015

Mental Health Association starts help line for heroin, painkiller addiction

The Mental Health Association in New Jersey has launched NJ Connect for Recovery, a free, confidential help line for individuals and families coping with addiction to heroin and prescription painkillers.

Jan 13, 2015

Georgia offered Mercedes more than 23M in incentives to move, report says

So how exactly did Christopher M. Carr — commissioner of the Georgia Department of Economic Development — lure Mercedes-Benz USA away from its headquarters in Montvale to Atlanta?

Jan 13, 2015

Pearson Education beginning Hoboken move this month

Educational publishing company Pearson Education is starting its move to Hoboken on Jan. 26, the company said Monday.

Jan 12, 2015

Why it’s costing you more to ship your packages #8212 and how Unishippers can help

Starting Jan. 1, FedEx and UPS have expanded the number of packages to which dimensional weight pricing applies, to include most domestic ground shipments — meaning shipping and warehouse costs for New Jersey businesses could increase an estimated 30 percent.