Latest New Jersey News
- Thursday, August 1, 2013
- Beth Fitzgerald / NJBIZ
Small businesses and individuals shopping for government-subsidized health plans on New Jersey’s exchange will learn the details — and pricing — for those new plans and their prices in mid-September, according to the Center for Medicare & Medicaid Services of the federal Department of Health and Human Services.
- Monday, July 29, 2013
- Alexi Friedman / The Star-Ledger
The Canadian drugmaker Valeant Pharmaceuticals said it will move the headquarters of Bausch & Lomb to New Jersey as part of its $8.7 billion purchase of the eye care company.
Yesterday’s announcement didn’t say where the new main office will be located, but a spokeswoman for Valeant said lit will be somewhere between Baush & Lomb’s current facility in Madison and the Bridgewater Township building where Valeant now maintains its U.S. base.
- Monday, July 29, 2013
- Michael Hecht and Thomas Bracken / Roll Call, Guest Commentary
In recent months, it has become clear that congressional action is needed to address unintended, drastic increases to National Flood Insurance Program rates for home and business owners along our coasts and rivers.
A confluence of the Biggert-Waters Act of 2012 (meant to stabilize the NFIP), incomplete and inaccurate Federal Emergency Management Agency maps and questionable actuarial calculations has led to premium increases of up to 5,000 percent and more — for policyholders who have built to code and never flooded.
- Tuesday, July 23, 2013
- Brendan Prunty / The Star-Ledger
In one month, the PGA Tour will set up shop in New Jersey to host The Barclays for the fifth time since leaving its roots across the Hudson River. But the first leg of the tour's FedEx Cup Playoffs is expected to have a consistent presence in the Garden State through the end of the decade.
According to multiple sources, the state's three host sites — Liberty National Golf Club in Jersey City, Ridgewood Country Club in Paramus and Plainfield Country Club in Edison — all have contracts on the table to keep The Barclays in the state through 2019.
- Wednesday, June 26, 2013
- Jared Kaltwasser / NJBIZ
New Jersey could lose tens of thousands of jobs in the next decade if a constitutional amendment to boost the minimum wage and link further increases to the consumer price index is enacted.
That was the message from a coalition of business groups, which released a report today calculating the damage the amendment could have on the business climate.
- Monday, June 24, 2013
- Susan K. Livio / The Star-Ledger
New Jersey is the fifth best state in America to raise a child, with fewer kids in poverty, more attending preschool and more graduating high school on time than the national average, a new report released today shows.