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Daily News Archive Page 2

Dr Pepper Snapple replaces Bai Brands' founder as its CEO

By Eric Strauss
June 22, 2017 11:12 AM

Bai Brands founder Ben Weiss is out as CEO of the drink company, according to Dr Pepper Snapple Group Inc., which bought the Hamilton-based business earlier this year. CONTINUE READING

Industry leaders predict future of office market at MAREJ event

By Mario Marroquin
June 21, 2017 01:22 PM

The Mid Atlantic Real Estate Journal held its Commercial Real Estate Forecast Summit on Tuesday at the APA Hotel Woodbridge. CONTINUE READING

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NJBIZ names the Healthcare Heroes award winners

By NJBIZ STAFF
June 21, 2017 01:15 PM

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Triple Play: 3 ways to encourage female empowerment in the workplace

By June 16, 2017 02:03 PM

Three thoughts from Corrine Cooke, a top leader in the state. CONTINUE READING

Quick Hits: Our take on the week's top headlines

By June 16, 2017 02:01 PM

Headlines include Toys R Us, Uber and Metlife, Face Time and more. CONTINUE READING

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Editorial: Time will tell if N.J. wins on sports betting, but it should

By June 16, 2017 01:59 PM

Sports betting lives! Or not. New Jersey will get some indication a week from now, as the U.S. Supreme Court is expected to announce June 26 whether it will hear the state's appeal. CONTINUE READING

Christie nominates Michele Brown to replace Mary O'Dowd on Horizon BCBSNJ board

By Eric Strauss
June 16, 2017 01:19 PM

Gov. Chris Christie has nominated Michele Brown, the head of Choose New Jersey, to be the public member of the Horizon Blue Cross Blue Shield of New Jersey board of directors, the Office of the Governor announced Friday. CONTINUE READING

iCIMS promotes CFO to president and chief operating officer

By Eric Strauss
June 16, 2017 12:49 PM

The Matawan-based talent acquisition company iCIMS Inc. has named a new president and chief operating officer, it announced Friday. CONTINUE READING

Rhodium Capital buys office building in Jersey City for $20M

By Mario Marroquin
June 16, 2017 12:06 PM

Commercial real estate firm Rhodium Capital Advisors announced it has completed a $20 million purchase of an 85,000-square-foot, eight-story office building in Jersey City. CONTINUE READING

Hampshire Cos. sells $147M portfolio; largest industrial sale in 2017

By Mario Marroquin
June 16, 2017 11:36 AM

Commercial real estate firm The Hampshire Cos. recently completed the sale of a 1.2 million-square-foot, six-building industrial portfolio in New Jersey for $146.85 million to an undisclosed buyer. CONTINUE READING

Campbell adds three to leadership team as it tweaks internal operations

By Eric Strauss
June 16, 2017 11:27 AM

Campbell Soup Co. is adding three executives to its leadership team as it continues to grapple with a challenging, evolving environment for its food products, it announced Thursday. CONTINUE READING

New Jersey employment slumps by more than 13,000 jobs

By Eric Strauss
June 16, 2017 11:07 AM

New Jersey lost more than 13,000 jobs in May, the state Department of Labor and Workforce Development said this week. However, the unemployment rate held steady at 4.1 percent, below the national rate of 4.3 percent. CONTINUE READING

Amazon to buy Whole Foods for $13.7B

By Eric Strauss
June 16, 2017 09:32 AM

Amazon’s influence on New Jersey is about to become even greater, as the e-commerce giant announced Friday that it is buying Whole Foods Market Inc. for about $13.7 billion. CONTINUE READING

Inspira using $1M gift to pay off student loans for med students who commit to four years in Vineland

By Anjalee Khemlani
June 15, 2017 03:46 PM

Inspira Health Network is announcing Thursday afternoon a new program that will pay off a yet-undetermined portion of student loans incurred by medical students if they commit to working in Vineland for four years. CONTINUE READING

Rutgers elects new chair, vice chair for board of governors

By Eric Strauss
June 15, 2017 01:46 PM

Rutgers University has elected a pair of alumni with prominent business backgrounds to lead its board of governors, it announced Thursday. CONTINUE READING

Parsippany-based RB completes acquisition of Mead Johnson

By NJBIZ STAFF
June 15, 2017 12:45 PM

RB extended its reach as global market leader in consumer health and hygiene with the acquisition of Mead Johnson Nutrition Company on Thursday. CONTINUE READING

Villa Chapman acquires two properties in Marlton for $7.55M

By Mario Marroquin
June 15, 2017 11:58 AM

Colliers International recently announced it has completed the sale of two properties at the South Crossing Office Complex in Marlton to Villa Chapman Apartments for $7.55 million. CONTINUE READING

Philly Fed: Regional activity continues to expand

By NJBIZ STAFF
June 15, 2017 11:39 AM

The Federal Reserve Bank of Philadelphia reported in its Monthly Manufacturing Business Outlook Survey that regional manufacturing activity in the region has continued to expand in June. According to the survey, the indexes for current general activity fell from its readings in May and also ones seen at the beginning of the year, but has remained positive and continued to reflect growth. The indexes for future new orders and shipments were mixed, with the future new orders index decreased this month while the future shipments index was unchanged from May. Firms also reported an increase in manufacturing employment, but the current employment index fell slightly. The index has, however, remained positive for the past seven months. The survey said the diffusion index for prices has barely changed, but more firms have reported increases in their own products this month. CONTINUE READING

Key Properties acquires land, warehouse in Saddle Brook

By Mario Marroquin
June 15, 2017 11:36 AM

Commercial real estate firm Key Properties recently announced that, through a fee-simple acquisition of four acres at 270 Market St., Saddle Brook, it has assumed full ownership of a 78,000-square-foot warehouse. CONTINUE READING

Poll finds Murphy leads Guadagno among voters, while Christie sinks to a new low in approval

By Eric Strauss
June 15, 2017 11:11 AM

Republicans may want to close their eyes and ignore the results of a recent political poll by Quinnipiac University. They aren’t pretty for the GOP. CONTINUE READING

Organization finds niche as provider of medical claims data

By Anjalee Khemlani
June 15, 2017 10:42 AM

In an age where there is a thirst for greater transparency in the health care space, but no one provider or insurer has taken the step to reveal its cards, FAIR Health is finding itself a league ahead. CONTINUE READING

Studies find changing interest in high-deductible health plans

By Anjalee Khemlani
June 14, 2017 02:17 PM

When consumers were only buying health plans based on the price point, usually leading them to high-deductible plans, experts found there was low utilization of these plans because of the high out-of-pocket burden for actually seeking care. CONTINUE READING

Prudential promotes Reddy to chair The Prudential Foundation

By Emily Bader
June 14, 2017 01:43 PM

Prudential Financial Inc. announced it has named Lata Reddy, head of corporate social responsibility, to chair The Prudential Foundation. CONTINUE READING

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