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NJBIZ Daily News Archive Page 3

Christie on list as possible Sessions successor, CBS reports

Former New Jersey Gov. Chris Christie is among those being considered to replace Jeff Sessions as the next U.S. Attorney General, two sources told...

MRC closes $67.5M loan for Harrison multifamily projects

Madison Realty Capital announced Thursday it has closed a $67.5 million loan for the acquisition and construction of two multifamily development...

Seton Hall launches Buccino Leadership Institute

Seton Hall University has launched the Buccino Leadership Institute, a four-year certificate program focused on strategic development, the South...

NJMEP keynote: NJ companies lacking alternative supply chains

Many New Jersey companies lack alternative supply chains, inhibiting their ability to be more flexible, author Lora Cecere told attendees at the New...

Elnahal: Administration eyeing statewide health care intranet

When it comes to a strategy for the future of health care in the state, New Jersey's top health official said it's important to ask these questions:...

Acquisition of auto-parts wholesaler first for KSI

Auto parts distributor KSI Trading Corp. has signed a definitive agreement to acquire Richmond Tidewater Bumper, of Mechanicsville, Va., upping its...

NJ tops in US in fall Leapfrog hospital safety grades

New Jersey led the nation with the highest percentage of hospitals with an A grade in the latest fall Leapfrog Hospital Safety Grade released...

D'Avanzo joins Pashman Stein's Westchester office

Trial attorney Joseph D’Avanzo has joined Hackensack-based Pashman Stein Walder Hayden as managing partner of its office in Purchase, N.Y.

Horizon adds Quest to its preferred provider network

Horizon Blue Cross Blue Shield of New Jersey will add Quest Diagnostics as an in-network provider of diagnostic information services for its 2.8...

Rutgers Cancer Institute gets $50K grant

The Rutgers University Cancer Institute of New Jersey received a $50,000 infrastructure grant from the St. Baldrick’s Foundation to provide...

Newell Brands selling off two businesses for $2.5B

Consumer goods manufacturer Newell Brands signed definitive agreements to sell two businesses, Pure Fishing and Jostens, it announced Wednesday.

Election Night 2018: What you need to know

Incumbent Democrat Bob Menendez won a third term with 1,470,379 votes, or 53.12 percent. Republican candidate Bob Hugin won 1,210,986...

Murphy, Baraka decry Amazon reports as 'speculation'

Gov. Phil Murphy and Newark Mayor Ras Baraka cast as “speculation” published reports that Amazon has chosen sites in New York and...

Report: Investors exploring possible sale

Investors Bancorp Inc., parent of Investors Bank, is looking at a possible sale and has hired deal adviser Keefe, Bruyette & Woods Inc., which could...

Destination Maternity to close 117 stores

Destination Maternity announced it plans to close 117 stores by the end of fiscal year 2018 as part of a multiyear strategic plan.

TD to fund $6M for veterans housing

TD Bank has provided the Affordable Housing and Services Collaborative Inc. and Peabody Properties Inc. a $6 million construction loan for the...

Hospitals asked to participate in $12M housing partnership

The New Jersey Housing and Mortgage Finance Agency has asked hospitals in the state to participate in a $12 million partnership program designed to...

NJ Transit engineer recruitment results in more than 5,000 applications

New Jersey Transit has received more than 5,000 applications in response to its efforts to hire train engineers.

NJIT creates School of Applied Engineering and Technology

The New Jersey Institute of Technology is creating the School of Applied Engineering and Technology within the university’s Newark College of...

Lawmakers look to boost state's manufacturing training programs

State legislators want to provide a financial boost to the manufacturing training programs in New Jersey, a move proponents argue will help employers...

Retailers expecting fruitful holiday season, survey says

More than 87 percent of store managers polled by North Plainfield-based Levin Management Corp. said they expect their holiday sales to meet or exceed...

NJ Devils and FanDuel team up

FanDuel and the New Jersey Devils have entered into a partnership—the gaming company’s first sports betting agreement with a National...

30 adenovirus cases reported at Wanaque Center

The New Jersey Department of Health reported late Monday that laboratory tests have confirmed another medically fragile child with adenovirus as part...

Poll: Menendez holds 15 point lead over Hugin with independents

Less than 24 hours before voters head to the ballots, a new poll shows U.S. Sen. Bob Menendez holding a 15 point lead over his GOP challenger among...

2 NJ teachers file suit alleging union dues collected without consent

A federal court is being asked to strike down New Jersey's Workplace Democracy Enhancement Act, a law enacted in May to serve as the state's...

Summit Medical: Patient data may have been compromised

Summit Medical Group said Monday it is looking into an incident of a possible security leak of patient data.

Newark 'moving forward' despite reports Amazon eyeing HQ2 in Virginia

Despite indications Amazon plans to open its second North America headquarters in northern Virginia instead of Newark, the city’s mayor said it is “moving forward.”

Health workers ratify new contract with Hackensack Meridian

Nurses and health professionals at Palisades Medical Center have ratified a new three-year contract after seven months of bargaining with Hackensack Meridian Health.

Rutgers researchers discover technique to improve balance in Gulf War vets

Gulf War veterans with unexplained illnesses that cause fatigue, headaches, respiratory disorders and memory problems can improve their balance with a device developed by Rutgers University researchers, the university announced Monday.

5 adenovirus cases confirmed at Voorhees facility

The New Jersey Department of Health reported Monday that laboratory tests have confirmed another case of adenovirus among pediatric patients as part of an ongoing outbreak investigation at the Voorhees Pediatric Facility.

Hill Wallack opens Red Bank office

Princeton-based law firm Hill Wallack LLP has expanded to Red Bank with a new office.

AG: Georgia vendor liable for exposing Virtua patient files

Attorney General Gurbir Grewal and the state Division of Consumer Affairs on Friday announced a $200,000 settlement with a now-defunct company responsible for a security lapse that allowed the public to view online patient records belonging to more than 1,650 individuals treated by doctors with Virtua Medical Group.

NJ Transit to explore how to redevelop its land under new law

New Jersey Transit will begin examining how to turn the land it owns into revenue-generating opportunities under a bill Gov. Phil Murphy signed into law Thursday.

EDA chief: Growth hinges on closing inequality gaps, investing in innovation

New Jersey’s prospects for economic growth center on investments in innovation and paring down racial and gender inequality, according to Tim Sullivan, chief executive officer of the New Jersey Economic Development Authority.

28 adenovirus cases confirmed at Wanaque Center

The New Jersey Department of Health said Thursday laboratory tests have confirmed another child has been stricken with adenovirus, bringing to 28 the number of known pediatric cases at the Wanaque Center for Nursing and Rehabilitation in Haskell.

Stockton poll shows Menendez with 12-point lead

A Friday poll from Stockton University shows incumbent Democratic U.S. Sen. Bob Menendez widening his lead to 12 points over GOP challenger Bob Hugin.

Cyclacel, MD Anderson enter into clinical studies partnership

Berkeley Heights-based Cyclacel Pharmaceuticals Inc. and The University of Texas MD Anderson Cancer Center have entered into a three-year agreement that will enable clinical evaluation for safety and efficacy of three Cyclacel medicines in patients with hematological malignancies, several advanced leukemias.

Disabled Amtrak train in Hudson Tunnel snarls NJ Transit trains

New Jersey Transit riders experienced delays Friday morning due to an Amtrak work train becoming disabled in the North Tube of the Hudson River tunnel.

Wiley completes $200M Learning House acquisition

Global publishing company John Wiley & Sons Inc. announced Friday the completion of its $200 million cash acquisition of Learning House from Weld North Holdings.

Southern Ocean nurses to vote on union representation

Registered nurses at Hackensack Meridian Health Southern Ocean Medical Center will vote on whether to remove the Health Professionals and Allied Employees as their bargaining representative on Nov. 13 and 14 in an election conducted by The National Labor Relations Board, HMH said Friday.

Rutgers partners on scholarship program for Dreamers

Rutgers University-New Brunswick is partnering with TheDream.US, a nonprofit scholarship fund, to offer financial aid to undocumented students who qualify for the U.S. Deferred Action for Childhood Arrivals program, the university said Friday.

Realogy CFO Hull to retire

Anthony Hull, executive vice president, chief financial officer and treasurer for Madison-based Realogy Holdings Corp., will retire from his position effective Nov. 5, the company announced Friday.

NY Waterway expands free ferry bus service near One Park condos

DMG Investments, developer of One Park condominium complex in Bergen County, has entered into an agreement with NY Waterway to expand the ferry operator’s complimentary shuttle-bus service between its main terminal at Port Imperial in Weehawken and the condos.

Sussex County resident named to VE board

Virtual Enterprises International has announced the appointment of Sussex County resident Maureen Gillan-Myer to its board of directors.

FDA approves Aquestive treatment for LGS seizures

Aquestive Therapeutics Inc., based in Warren, received full approval from the U.S. Food and Drug Administration for Sympazan (clobazam) oral film formulation, making it the first oral film approved for the treatment of seizures associated with Lennox-Gastaut syndrome patients 2 years of age or older.

Saint Peter's gets $150K grant from Investors Foundation to improve athletic facilities

Saint Peter’s University has received a grant of $150,000 from Investors Bank’s Investors Foundation to expand and improve its athletic and recreational facilities.

Overhyped or sound investment: Experts debate Opportunity Zones at Sax event

A panel of three real estate development professionals shared mixed perspectives on the federal Opportunity Zone program as a key to spurring development at a real estate industry event Thursday sponsored by accounting, tax and advisory company Sax at the ON3 building in Nutley.

New federal regulations do not pre-empt NJ consumer-protection laws, state says

The New Jersey Department of Banking and Insurance issued two bulletins advising the public that federal regulations aimed at weakening consumer protection provisions of the Affordable Care Act do not supersede New Jersey law.

Aldi rolls out NJ delivery with Instacart

German grocer Aldi is the newest adopter of grocery delivery in New Jersey.

Manasquan, Metuchen banks complete merger

Metuchen Savings Bank is now part of Manasquan Bank following the completion of a merger between the institutions’ holding companies.

RVCC, TCNJ sign exercise science program transfer agreement

Raritan Valley Community College and The College of New Jersey have entered into an agreement to offer Raritan Valley graduates the opportunity to transfer 64 credits into TCNJ’s exercise science program.

Soltage closes Round 1 of investment for solar portfolio

Renewable energy provider Soltage has closed the first round of investment for a 38-project, 100-megawatt solar portfolio.

Provident Bank names Moran executive vp, director of retail banking

Josephine Moran has joined Provident Bank as executive vice president and director of retail banking, the Jersey City-based financial institution said Thursday.

10th death reported at Wanaque Center; assemblywoman demands probe

The New Jersey Department of Health has confirmed that a 10th child has fallen victim to adenovirus infection at the Wanaque Center for Nursing and Rehabilitation in Haskell.

Seton Hall schools receive training grant related to opioid use disorders

Seton Hall University’s College of Nursing, School of Health and Medical Sciences and the Hackensack Meridian School of Medicine at Seton Hall University have been awarded an interprofessional training grant designed to expand patient access to medication-assisted treatment for opioid use.

Jets, MGM Resorts unveil sports-betting partnership

The New York Jets inked a sports-betting partnership with MGM Resorts International, the gambling and hotel giant which owns the Borgata Hotel Casino & Spa in Atlantic City.

Third Point says it would consider Campbell split

New York-based hedge fund Third Point LLC said it will consider splitting Campbell Soup Co. into two “better focused” companies, one grocery and the other snacks, should it successfully replace the company’s board of directors with its own independent slate.

Rutgers program guarantees admission to medical school

Rutgers University has eliminated the Medical College Admission Test this semester for a cohort of nine first-year students who are being offered a guaranteed seat in medical school.

Portal Bridge gets stuck, brings NJ Transit trains to standstill

The 108-year-old Portal Bridge became stuck Tuesday night in the open position, halting New Jersey Transit trains.

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