Lottery outsourcing attracts only one bidder, Treasury says
Only one bidder submitted a proposal to take over the sales and marketing operations of the New Jersey Lottery: Northstar New Jersey, a joint venture that includes GTECH Corp., which for nearly 30 years has supplied lottery technology to New Jersey.
A budget plan that became a washout
State revenue is trailing the lofty projections included in the annual budget — and that was before Hurricane Sandy washed ashore in October, burying conventional wisdom in a wave of uncertainty.
American Dream inches closer to becoming reality
The hulking, garish complex once known as Xanadu remains dormant in East Rutherford, two years after state officials tapped Triple Five to rescue the failed project.
Deals and Moves Dec. 28
In the cloud, needle network, homes sale.
Briefcase podcast Feds
Pushing education off the fiscal cliff, insurance for when the lights go out, and looking to Katrina to solve Sandy. Those stories and more in this week's NJBIZ Briefcase.
Katrina cleanup offers lessons for Sandy-slammed companies
“New Jersey doesn’t have to start from scratch,” said Lee Youngblood, communications director for the disaster recovery division of the Mississippi Development Authority.
Lottery bids expected this afternoon
Several would-be operators are expected to file bids today in the state’s plan to privatize its $2.8 billion lottery system, despite ongoing protests from a retail group and skepticism from some lawmakers.
Rutgers, Pearson partner to expand global course offerings
Though Rutgers University has offered online courses to students enrolled at its three campuses for more than a decade, a new public-private partnership with educational technology company Pearson Inc. will enable the university to provide degrees entirely through online programs and extend its reach outside of New Jersey.
Sandy’s aftermath leaves businesses taking on water
Increasingly, New Jersey business groups are turning to Washington, D.C., to provide help as they search for ways to rebuild following the devastation of the hurricane.
Deals and Moves Dec. 27
Syringe pickup, pharma deal, commercial rights. North Medical technology company BD, in Franklin Lakes, announced Wednesday the completion of its acquisition of Safety Syringes Inc., of California. Terms were not disclosed. Central NovaDel Pharma Inc., of Bridgewater, on Wednesday announced a preliminary agreement to sell its NovaMist technology to SUDA LTD, an Australian pharmaceutical company. [[...]
Podcast NJBIZ Briefcase 059 – Feds
Pushing education off the fiscal cliff, insurance for when the lights go out, and looking to Katrina to solve Sandy. Those stories and more on NJBIZ Briefcase - Episode 059: Feds.
IT spending up overall, but lags for pharma
Corporate investment in information technology software and services across the United States grew in 2012, although spending was down in the pharmaceutical sector, according to a survey by Montvale-based Data Inc.