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Stakeholders speculate on expected conditional veto of corporate incentives overhaul

Chris Christie speaks at a February 2013 budget address. - (Photo By Aaron Houston / NJBIZ)Now that a bill to remake the state's business incentives has cleared the Legislature, stakeholders have turned their attention to how and when Gov. Chris Christie will tweak the Economic Opportunity Act through an expected conditional veto.


Tech jobs growing like weeds in N.J.

Tech Job Growth NJJudging from job openings, New Jersey’s technology sector has grown enough to put the state in the same league as California, Texas, Virginia and New York, according to recent Bureau of Labor Statistics data.

"We’re all a little surprised," said Scot Melland, CEO of Dice, "but I guess we shouldn’t be."


Lots of grant and loan money waiting for Sandy-damage applicants

2013-08-08 Michele BrownHey, New Jersey businesses, still feeling the wrath of Hurricane Sandy? Still footing the bills for all those post-storm repairs?

The state wants to hear from you. Hint: There could be cash in it.

The New Jersey Economic Development Authority has $260 million in grants and $100 million for loans for businesses that qualify - and, believe it or not, not nearly as many takers as you might expect.


Health plan pricing through Affordable Care Act coming next month

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.


Bausch & Lomb new world headquarters will be near its current Madison location

Bausch-LombThe 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.


Fixing Flood Insurance for the Nation | 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.