NJBIZ

Jun 13, 2012

Deals and Moves June 13

Food supplier acquisition, sports marketing ranking, office property sale.

Jun 12, 2012

Tax Foundation Millionaire’s tax will curb economic growth

As New Jersey legislators continue to push conflicting versions of a tax cut proposal under the looming June 30 budget deadline, a new study by the nonpartisan Tax Foundation shows a plan by Assembly Democrats to use a so-called "millionaire's tax" to fund a tax credit would hinder economic growth in the state.

Jun 12, 2012

Tourism flat in Atlantic City despite Revel’s opening

Despite the hype around the opening of the city's newest casino and the "Do AC" advertising campaign, Atlantic City's nongaming tourism business climate held steady in May, according to a report released Monday by the Atlantic City Convention & Visitors Authority.

Jun 12, 2012

EDA approves 37M Urban Transit Hub grant to Cablevision

The board of the state Economic Development Authority today approved a new $37 million Urban Transit Hub tax credit to entice Cablevision Systems Corp. to keep more than 500 jobs in Newark, and approved an additional $87 million worth of Grow New Jersey awards for three projects to retain and add jobs in the state.

Jun 12, 2012

Fidelity marks opening of Jersey City office building

Fidelity Investments today marked the official opening of its new, 185,000-square-foot office space in Jersey City, according to the company.

Jun 12, 2012

Deals and Moves June 12

Retail pricing selection, technology branch opening, toy licensing deal.

Jun 11, 2012

Rutgers names negotiation team to reshape merger legislation

Rutgers University on Monday announced the team of board members that will help negotiate with lawmakers on sweeping legislation to realign Rutgers, Rowan University and the University of Medicine and Dentistry of New Jersey.

Jun 11, 2012

Over faculty objections, Rowan trustees signal approval of Rutgers merger

Rowan University’s board of trustees today unanimously endorsed proposed legislation to designate Rowan as a research institution and create a joint board between Rutgers University’s Camden campus and Rowan, with the clause that the legislation still retains "the individual autonomy of both institutions and their...

Jun 11, 2012

Broad unemployment metric puts N.J. in middle of pack

The government's broadest measure of unemployment and under-employment shows the labor situation in New Jersey is about average.

Jun 11, 2012

Business advocate’s desire for research institution tempered by reality

The ability of a nationally recognized research institution to drive a local economy is well documented, but one of New Jersey's business advocates is tempering her support for the higher education restructuring.

Jun 11, 2012

Marlboro officials Shop local, save on property taxes

To support local businesses and put downward pressure on residential property taxes, Marlboro officials said the township will launch a property tax reward program June 21.

Jun 11, 2012

Top court’s decision keeps COAH alive, for now

New Jersey's Supreme Court has rejected a request by Gov. Chris Christie's administration to stay an Appellate Division decision to reverse Christie's affordable housing reorganization plan, meaning the Council on Affordable Housing won't be going away anytime soon.