NJBIZ - NJBIZ Daily News http://www.njbiz.com/section/daily NJBIZ Daily News News en-us Copyright 2014 NJBIZ Thu, 18 Sep 2014 22:34:42 EST Thu, 18 Sep 2014 22:34:42 EST http://www.njbiz.com/article/20140918/NJBIZ01/140919716&source=RSS In Year One, Christie says, EO13 has been 'so far, pretty good' It was one year ago this week that Gov. Chris Christie put pen to paper on the Economic Opportunity Act of 2013, a major overhaul of the state's incentives offerings that streamlined five existing programs down to two. Thu, 18 Sep 2014 14:24:00 EST http://www.njbiz.com/article/20140918/NJBIZ01/140919716&source=RSS http://www.njbiz.com/article/20140918/NJBIZ01/140919717&source=RSS Jersey City, developer aim to fill 40M funding gap and jump-start 179M Powerhouse project A developer is pushing ahead with plans to transform Jersey City's historic Powerhouse building into a retail and entertainment destination, but the firm and city officials are first focused on filling a 40 million funding gap for the project. Thu, 18 Sep 2014 14:13:00 EST http://www.njbiz.com/article/20140918/NJBIZ01/140919717&source=RSS http://www.njbiz.com/article/20140918/NJBIZ01/140919718&source=RSS Christie would welcome Trump back to Atlantic City Taking questions from reporters on Thursday, Gov. Chris Christie said he would welcome Donald Trump back to Atlantic City if the real estate mogul wants to return. Thu, 18 Sep 2014 13:49:00 EST http://www.njbiz.com/article/20140918/NJBIZ01/140919718&source=RSS http://www.njbiz.com/article/20140918/NJBIZ01/140919721&source=RSS Updated Sloan Kettering breaks ground on N.J. cancer center, which will cost 217M and create 160 jobs Editor's note This story was updated at 345 p. m. with additional details about the center. Memorial Sloan Kettering Cancer Center broke ground Thursday in Middletown for its second New Jersey outpatient cancer center, a 285,000-square-foot facility expected to open in late 2016. Thu, 18 Sep 2014 13:17:00 EST http://www.njbiz.com/article/20140918/NJBIZ01/140919721&source=RSS http://www.njbiz.com/article/20140918/NJBIZ01/140919727&source=RSS Updated Christie brings back Fox as head of Department of Transportation Editor's note This story was updated at 110 p. m. with additional comments from Fox and others. Gov. Chris Christie has tapped former state Department of Transportation Commissioner Jamie Fox to return to that role, replacing longtime department chief James Simpson. Thu, 18 Sep 2014 11:57:00 EST http://www.njbiz.com/article/20140918/NJBIZ01/140919727&source=RSS http://www.njbiz.com/article/20140918/NJBIZ01/140919728&source=RSS HackensackUMC at Pascack Valley's CEO returning to co-owner's home office Hackensack University Health Network announced Thursday that HackensackUMC at Pascack Valley CEO Chad Melton is leaving the hospital to return to co-owner LHP Hospital Group, Inc. 's Texas headquarters. Thu, 18 Sep 2014 11:44:00 EST http://www.njbiz.com/article/20140918/NJBIZ01/140919728&source=RSS http://www.njbiz.com/article/20140918/NJBIZ01/140919729&source=RSS 356M Port Authority project bringing rail shipping system to Jersey City's Global Terminal A new system to move shipping containers by rail is coming to Jersey City's Global Terminal under a 356 million project by the Port Authority of New York and New Jersey. Thu, 18 Sep 2014 11:27:00 EST http://www.njbiz.com/article/20140918/NJBIZ01/140919729&source=RSS http://www.njbiz.com/article/20140918/NJBIZ01/140919730&source=RSS NJII, Osler partner to bring new IT system to N.J. physicians The New Jersey Innovation Institute, part of the New Jersey Institute of Technology, in partnership with Osler Health physician network, plans to provide New Jersey medical practices an information technology system to help them improve quality of care they provide, streamline their delivery services and substantially reduce health care costs. Thu, 18 Sep 2014 11:25:00 EST http://www.njbiz.com/article/20140918/NJBIZ01/140919730&source=RSS http://www.njbiz.com/article/20140918/NJBIZ01/140919731&source=RSS NJEDA holds second Founders Funders event The NJEDA held its second Founders Funders event Wednesday at the Commercialization Center for Innovative Technologies in North Brunswick, which was organized by its Technology Life Sciences team. The event included 30 early-stage companies and 17 angel investors and venture capitalists. Thu, 18 Sep 2014 11:04:00 EST http://www.njbiz.com/article/20140918/NJBIZ01/140919731&source=RSS http://www.njbiz.com/article/20140918/NJBIZ01/140919735&source=RSS Stockton College seeks university status The Richard Stockton College of New Jersey announced Wednesday that it has begun taking steps towards changing its official name and designation to that of a university to better represent its current status. Thu, 18 Sep 2014 10:21:00 EST http://www.njbiz.com/article/20140918/NJBIZ01/140919735&source=RSS http://www.njbiz.com/article/20140918/NJBIZ01/140919737&source=RSS Hudson City makes more leadership changes Hudson City Bancorp Inc. announced Thursday that Anthony J. Fabiano was named president and chief operating officer of the company and its subsidiary, Hudson City Savings Bank, effective immediately. Thu, 18 Sep 2014 09:52:00 EST http://www.njbiz.com/article/20140918/NJBIZ01/140919737&source=RSS http://www.njbiz.com/article/20140918/NJBIZ01/140919739&source=RSS Cargo carrier moving HQ to Chatham Cargo carrier Shipco Transport is moving its global headquarters to Chatham, real estate company The Garibaldi Group announced Wednesday. Thu, 18 Sep 2014 09:45:00 EST http://www.njbiz.com/article/20140918/NJBIZ01/140919739&source=RSS http://www.njbiz.com/article/20140917/NJBIZ01/140919752&source=RSS Developer wants to build hotel instead of condos to complete Wall site A subsidiary of Amboy Bank has applied to build a new extended-stay hotel at site of a half-built condominium complex in Wall Township. Wed, 17 Sep 2014 14:36:00 EST http://www.njbiz.com/article/20140917/NJBIZ01/140919752&source=RSS http://www.njbiz.com/article/20140917/NJBIZ01/140919759&source=RSS Atlantic County lawmakers suggest sports betting fee that would go to leagues Two lawmakers from Atlantic County are proposing a sports betting fee that they say would go to sports leagues to protect the integrity of their games. Wed, 17 Sep 2014 12:11:00 EST http://www.njbiz.com/article/20140917/NJBIZ01/140919759&source=RSS http://www.njbiz.com/article/20140917/NJBIZ01/140919761&source=RSS Updated Three N.J. health care organizations earn millions of dollars in bonuses for saving Medicare money Three New Jersey health care consortiums are among 64 nationwide that have generated savings for Medicare, and they will receive millions of dollars in shared savings from the program. Wed, 17 Sep 2014 11:31:00 EST http://www.njbiz.com/article/20140917/NJBIZ01/140919761&source=RSS http://www.njbiz.com/article/20140917/NJBIZ01/140919762&source=RSS Doctors responding to health care changes by merging practices, but there are risks to that, too As the health care system strives both to improve quality and rein in spending, physicians are merging into larger groups or with hospitals to compete in what could be a future of declining reimbursements for the medical care they deliver. Wed, 17 Sep 2014 11:19:00 EST http://www.njbiz.com/article/20140917/NJBIZ01/140919762&source=RSS http://www.njbiz.com/article/20140917/NJBIZ01/140919763&source=RSS Louis Berger breaks ground on America Samoa power plant project Morristown-based engineering and consulting firm Louis Berger announced Wednesday that it has broken ground on the Satala power plant in Pago Pago, America Samoa. Wed, 17 Sep 2014 11:06:00 EST http://www.njbiz.com/article/20140917/NJBIZ01/140919763&source=RSS http://www.njbiz.com/article/20140917/NJBIZ01/140919765&source=RSS 8 N.J. companies named to 2014 Working Mother 100 Best Companies Eight New Jersey companies have been named to the 2014 Working Mother 100 Best Companies by Working Mother Magazine, exemplifying the very best in flexibility and benefits for working women and men. Wed, 17 Sep 2014 10:51:00 EST http://www.njbiz.com/article/20140917/NJBIZ01/140919765&source=RSS http://www.njbiz.com/article/20140917/NJBIZ01/140919768&source=RSS Merck reaches licensing agreement for psoriasis drug Sun Pharmaceutical Industries Ltd. has acquired the worldwide rights to Merck Co. , Inc. 's psoriasis drug tildrakizumab for 80 million, the two companies announced Wednesday. Wed, 17 Sep 2014 10:27:00 EST http://www.njbiz.com/article/20140917/NJBIZ01/140919768&source=RSS http://www.njbiz.com/article/20140917/NJBIZ01/140919771&source=RSS EO13 roundtable Lauren Moore, Ted Zangari and Jon Whiten discuss and debate the Economic Opportunity Act's first year This week, NJBIZ talked to Economic Development Authority President Tim Lizura about the Economic Opportunity Act of 2013's hits and misses in its first year of implementation since being signed into law by Gov. Chris Christie last September. Wed, 17 Sep 2014 10:08:00 EST http://www.njbiz.com/article/20140917/NJBIZ01/140919771&source=RSS