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Ratings agency projects 'modest' sports betting tax revenue

Ratings agency projects 'modest' sports betting tax revenue

Despite patrons wagering over $57 million on sports bets since New Jersey began accepting legalized sports wagering in mid-June, the numbers may only boil down to “modest” tax revenue for the state, according to Fitch Ratings, one of the three Wall Street ratings agencies.

Princeton University gets $2.4M HHS grant

Princeton University gets $2.4M HHS grant

Princeton University will be the recipient of a $2.4 million federal grant in support of its mosquito research, U.S. Senators Cory Booker and Robert Menendez said in a joint statement.

Many CEOs using layoffs to pad paychecks, Rutgers study finds

Many CEOs using layoffs to pad paychecks, Rutgers study finds

Chief executive officers who are paid less than their peers are far more likely to lay off their employees to increase their own pay, a Rutgers University study found.