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Climate change, post-Sandy planning discussed at rebuilding event
Efforts to recover from Hurricane Sandy will only succeed if government leaders take the long view and incorporate a wide swath of stakeholders — including the private sector, experts said today at event focused on rebuilding the Jersey Shore.
U.S. adds jobs, despite Hurricane Sandy impact
Though economists expected Hurricane Sandy to devastate November employment, the private sector held its hiring pace steady last month, adding 147,000 jobs to the U.S. economy and edging down the unemployment rate to 7.7 percent, from 7.9 percent in October, the U.S. Department of Labor's Bureau of Labor Statistics reported today.
Deals and Moves Dec. 7
Human resources selection, financial trading acquisition, accounting merger.
Christie vetoes bill to create state-run health insurance exchange
Gov. Chris Christie this afternoon vetoed legislation to establish a state-run health insurance exchange in New Jersey, citing a lack of information from the federal government on all options provided to states in the Affordable Care Act.
Assembly committee probes insurers’ Sandy response
It’s too early to be sure, but insurance commissioner says premiums could rise as a result of hurricane’s impact.
Atlantic City delays vote on Boardwalk Hall contract
The Atlantic City Convention & Visitors Authority has delayed its vote on procuring a new operating contract for Boardwalk Hall and the Atlantic City Convention Center, while the company managing the facilities for nearly two decades continues its challenge of the process through which the contract is awarded.
Citigroup cuts will affect 300 N.J. employees
Nearly 300 of Citigroup's 4,200 New Jersey employees will be laid off in the company's plan to close six Garden State branches, a spokesman said.
Senate committee hammers utility companies on Sandy response
Among other problems, BPU chief says “the grade on communications is still an ‘F’ ” for the companies.
Foundation aims to expand opportunities for families of veterans
A scholarship fund created by the New Jersey Bankers Association to help the dependents of soldiers killed in Iraq or Afghanistan is trying to find more people who might need financial help to go to college, or attend vocational or technical school.
Rutgers admitted to research consortium
It’s estimated roughly $9 billion of funded research is performed annually at CIC member institutions.
Weak jobs report blamed on Sandy’s devastation
According to ADP’s monthly report, Hurricane Sandy cost the U.S. private-sector economy 86,000 jobs in November, mostly on the small-business side.
