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NJBIZ Morning Roundup

Cambrex to acquire Halo in $425M deal

East Rutherford-based Cambrex Corp. will acquire Halo Pharma of Whippany for $425 million.

West Side's story illustrates Asbury Park's tale of two sides (subscriber content)

From the July 23 issue of NJBIZ!

As Asbury Park’s East Side continues to experience an economic recovery dating back years, its West Side sits in sharp contrast, hopeful of new...

Cushman & Wakefield brokers Newark parking garage trade

Cushman & Wakefield has completed the $7.25 million sale of a downtown Newark structured parking facility.

For indie Holy Name, value-based care critical to survival (subscriber content)

From the July 23 issue of NJBIZ

One of the few remaining independent hospital systems in the state, Holy Name has been expanding. It recently added a wound healing institute and...

‘Sin taxes’ are unlikely to deliver revenue bonanza to New Jersey

Source: NJ Spotlight

Tax revenue from legalized sports betting and e-cigarettes is now impacting New Jersey’s budget due to recent policy changes in Trenton, and...

Mega-warehouse plans stir fear of rumbling traffic in rural Burlington County

Source: Philly.com

As two more Amazon centers and a few other mega-warehouses move south into Burlington County, the residents in the rural towns that would host their...

Swiss, German drugmakers join US price freeze

Source: Reuters

The European announcements follow similar moves from Novartis, Pfizer and U.S. drugmaker Merck.

Group wins zoning dispute over real-estate developer in Jersey City

Source: The Jersey Journal

Real-estate developer Peter Mocco lost a big case in front of the Zoning Board on Thursday when the board narrowly voted in support of a neighborhood...

Murphy, public union ink $34M contract

Gov. Phil Murphy’s administration announced Thursday that it has signed a $34 million contract with 6,500 state workers from the American...

EDA, Rutgers unveil skeptical tax credit report

Are economic incentives and tax credits actually helping New Jersey?