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Latest Headlines

Jul 13, 2012

CEO Pending legal review, Revel may roll dice on sports betting

Revel, Atlantic City's newest resort and casino, could be among the few venues in New Jersey that seek to establish sports betting later this year, the resort's top executive said.

Jul 13, 2012

Report South Jersey office market sees improvement

Leasing and sales activity in the southern New Jersey office market improved in the second quarter of 2012 compared to the same period last year, though positive absorption is still minimal and vacancy is on par with the rest of the state,...

Jul 13, 2012

Trinity Solar announces it will rehire laid-off workers

New Jersey's solar lifeline legislation already is boosting business, even though it hasn't yet been signed into law.

Jul 13, 2012

Deals and Moves July 13

Distribution center financing, retail site ownership, wave energy development.

Jul 12, 2012

Survey Businesses having trouble hiring for high-tech positions

Businesses in New Jersey's technology industry are increasingly looking to hire employees with experience in developing network infrastructure and mobile capabilities, but lack the resources to find or train people in those technical skills, according to an industry employment survey today released by the New Jersey Technology Council,...

Jul 12, 2012

State offers 24.5M incentive to retain electrical product maker ASCO

Florham Park-based Automatic Switch Co., or ASCO, would receive $24.5 million in Grow New Jersey Assistance Program tax credits if it stays in the state under an incentive approved by the New Jersey Economic Development Authority.

Jul 12, 2012

N.J. foreclosure activity jumps, but expert says timing is perfect

Foreclosure activity in New Jersey in the second quarter of 2012 significantly increased compared to the same period in the previous year, according to a report from Irvine, Calif.-based RealtyTrac.

Jul 12, 2012

Deals and Moves July 12

Medical acquisition, manufacturing partnership, human resource contract.

Jul 11, 2012

Experts Benefits under health care reform, but costs, restrictions will impede biotechs

Though biopharmaceutical firms in New Jersey will benefit from expansion in Medicaid enrollment and the creation of health insurance exchanges under the Patient Protection and Affordable Care Act of 2010, increased pressure to lower drug costs and greater restrictions in the number of drugs covered under Medicaid will hurt revenues and...

Jul 11, 2012

In Atlantic City, high hopes that tourist interest is rising

Though gaming and tourism in Atlantic City were just about static in June, compared to figures from a year ago, a tourism official said the spike in visitors to the Atlantic City Convention & Visitors Authority's Web, mobile and social media platforms should bring more visitors to the Boardwalk in July and August.

Jul 11, 2012

CPV breaks ground on Woodbridge power plant, to be fueled by subsidy

Competitive Power Ventures, which is building a power plant under a New Jersey program to subsidize the creation of additional electricity capacity, broke ground today on its natural gas-fired plant in Woodbridge.

Jul 11, 2012

Coates spurns Okla., seeks tax deal for manufacturing site elsewhere

Coates International, a Wall Township engineering company that develops fuel-efficient engines, said it has decided not to accept incentives from Oklahoma to open a manufacturing facility, and is now talking to another state. It could not immediately be learned if New Jersey is under consideration.