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Morning Roundup News Archive Page 2

Morning Roundup News

ICMYI: The money municipalities don't know they have coming — How Airbnb could impact the New Jersey economy

By February 10, 2016 08:30 AM

Suzanne and Jeffrey Cameron bought their three-story townhouse with a garden apartment in Jersey City back in 1998, when they were looking for a place for them and their two young boys that was near New York City. CONTINUE READING

(Most-read) EDA approves $22M in incentives for two Jersey City projects

By February 10, 2016 08:29 AM

The Economic Development Authority voted Tuesday to approve more than $22 million in incentives for two projects based in Jersey City. CONTINUE READING

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Serendipity Labs coworking space coming to Ridgewood, Pinnacle Cos. says

By February 10, 2016 08:28 AM

New Jersey is getting its first Serendipity Labs coworking space, in Ridgewood, according to real estate developer The Pinnacle Companies. CONTINUE READING

Talks under way to avoid tax battle between hospitals, N.J. towns

By February 10, 2016 08:28 AM

Talks are under way to avert a potentially protracted tax battle between non-profit hospitals and the communities that host them, said the prime sponsor of a bill that tried unsuccessfully last month to work out a solution. CONTINUE READING

American Pharoah’s second life as a $200k-a-night stud

By February 10, 2016 08:26 AM

“We have never seen interest like this in a horse,” says Richard Barry, the stallion manager at Ashford Stud, a 2,200-acre farm in Versailles, Kentucky, and an Irishman who’s worked with plenty of celebrated stallions over the past 40 years. “Even Cigar—no disrespect to him—didn’t generate excitement even remotely close to this.” CONTINUE READING

Lesniak and environmental groups file new ExxonMobil appeals

By February 10, 2016 08:25 AM

Environmental groups are joining Senator Ray Lesniak (D-20) in calling for stiffer penalties for ExxonMobil over the destruction of marshlands in the Bayway section of Linden and Bayonne. Lesniak filed his appeal of the New Jersey Superior Court’s decision on the matter this Monday, citing the state’s original estimate of $8.9 billion in damages. CONTINUE READING

Christie campaign contemplating future after lackluster N.H. primary finish

By Andrew George
February 10, 2016 08:21 AM

Gov. Chris Christie’s presidential campaign appears to now be on life support following a sixth-place finish in Tuesday night’s long-awaited New Hampshire primary. CONTINUE READING

Beachfront eminent domain fights headed to court

By February 10, 2016 08:20 AM

New Jersey has the authority to take private beachfront property for a massive storm protection project, but it isn't trying to turn the tracts into public land, attorneys for the state contend. CONTINUE READING

2 female Pennsylvania residents test positive for Zika virus

By February 10, 2016 08:15 AM

Two female Pennsylvania residents tested positive for the Zika virus, however they are mild cases and the public is not as risk, Pennsylvania health authorities said on Tuesday. CONTINUE READING

Could N.J.'s joint military base face another threat to close?

By February 10, 2016 08:15 AM

President Barack Obama is trying one last time to begin a new round of military base closings, a move that could threaten Joint Base McGuire-Dix-Lakehurst, and would act even if Congress didn't. CONTINUE READING

New Asbury Park hotel may signal a long-awaited revival

By February 10, 2016 08:14 AM

Like a broken carousel, this boardwalk-lined beach resort has often seemed to be stuck in place. Sweeping plans to revive its waterfront have been floated since the 1980s, when most of the city’s rides and games closed. But those proposals have produced few lasting or notable results. The Asbury, a major new hotel, however, has some residents saying they’re more optimistic about a turnaround than they’ve been in years. The hotel, set to be completed in May, comes after a string of other redevelopment projects. CONTINUE READING

The high consequences of low interest rates

By February 10, 2016 08:14 AM

At the start of 2016, Americans were bracing for interest rates to rise significantly for the first time since the financial crisis. CONTINUE READING

Viacom CEO rails against 'naysayers' as sales miss estimates, shares tumble

By February 10, 2016 08:13 AM

Viacom Inc. CEO Philippe Dauman railed at critics of his leadership after a fifth straight quarter missing Wall Street's sales estimates on Tuesday, unnerving investors and sending the media company's shares down more than 21 percent to a five-year low. CONTINUE READING

Dunkin' Donuts in N.J., NYC sued over sales tax charges

By February 10, 2016 08:11 AM

Dunkin’ Donuts franchises in New Jersey and New York City have been accused of sweetening their profits by charging extra money — in the guise of taxes — for non-taxable items. CONTINUE READING

Taming drug prices by pulling back the curtain online

By February 10, 2016 08:10 AM

Americans have come to rely on their smartphones to help them do seemingly everything, like hailing a taxi and comparing prices of dog food. But when it comes to buying prescription drugs, consumers still find the process maddeningly antiquated. CONTINUE READING

Donald Trump and Bernie Sanders win in New Hampshire

By February 10, 2016 08:09 AM

Donald J. Trump and Senator Bernie Sanders of Vermont harnessed working-class fury on Tuesday to surge to commanding victories in a New Hampshire primary that drew a huge turnout across the state. CONTINUE READING

NJIT names longtime administrator its new SVP, CFO

By Eric Strauss
February 9, 2016 04:15 PM

New Jersey Institute of Technology has named a new chief financial officer, the Newark university announced Wednesday. CONTINUE READING

(Most-read) The money municipalities don't know they have coming: How Airbnb could impact the New Jersey economy

By February 9, 2016 08:32 AM

Suzanne and Jeffrey Cameron bought their three-story townhouse with a garden apartment in Jersey City back in 1998, when they were looking for a place for them and their two young boys that was near New York City. CONTINUE READING

Should your business take a snow day?

By Roger DuPuisFebruary 9, 2016 08:30 AM

Schools do it. Government offices do it. Should businesses also take snow days? CONTINUE READING

Joined by AAA, Sweeney again pushes for meeting on transportation fund

By February 9, 2016 08:26 AM

Democratic state lawmakers said Monday a survey from AAA which found that 45 percent of New Jersey residents believe their commute has gotten worse in recent years, adds new urgency to their efforts to find a funding solution for the Transportation Trust Fund. CONTINUE READING

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