Morning Roundup

Christie bases latest budget on rapid economic growth

February 21, 2012 08:53 PM

Gov. Chris Christie has proposed a $32.1 billion budget for the next fiscal year that's based on rapid economic growth that would drive both tax cuts and revenue increases.

Source: NJBIZ
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J&J announces retirement of CEO

February 21, 2012 08:55 PM

Johnson & Johnson CEO William C. Weldon will step down in April, the company announced Tuesday afternoon.

Source: NJBIZ
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Turnover is the new game plan at Toys R Us

February 21, 2012 09:05 PM

The latest departure of a top-ranking Toys R Us executive has toy industry insiders wondering this week why there has been so much turnover in the executive suites at the Wayne-based retailer.

Source: The Record
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Borgata optimistic after report shows 4Q growth for first time in four years

February 21, 2012 09:09 PM

In the fourth quarter of 2011, Borgata's net revenues rose more than 4 percent to $176.4 million, while operating profits increased 11 percent to $37.9 million, compared to the same period in 2010, parent Boyd Gaming Corp. reported.

Source: Press of Atlantic City
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CRDA approves nearly $10M in resort improvements

February 21, 2012 09:07 PM

More than $9.8 million was approved for initiatives aimed at improving the resort’s appearance and attractions during the first meeting of the Casino Reinvestment Development Authority board since the tourism district master plan was finalized earlier this month.

Source: Press of Atlantic City
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N.J.'s top Wall Street cop reaches out to adviser firms

February 21, 2012 09:00 PM

Financial planners and money managers coming under the watch of New Jersey this year can view state oversight and examinations as something of a seal of approval, according to the head of New Jersey’s Bureau of Securities.

Source: The Star-Ledger
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