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Investors says FDIC has approved deal for 8 Berkshire branches

Investors Bank — itself being acquired by Citizens Bank — is one step closer to adding eight Berkshire Bank branches to its holdings, after the Federal Deposit Insurance Corp. approved the acquisition, it announced...

SBA opens PPP direct forgiveness portal

The U.S. Small Business Administration announced late Wednesday that it is opening a new Paycheck Protection Program Direct Forgiveness Portal to streamline the forgiveness process for 6.5 million businesses with PPP loans of $150,000...

EDA announces $75M extension for commercial ERGs

The New Jersey Economic Development Authority announced Thursday an extension of the commercial components of the Economic Redevelopment & Growth program, better known as ERG. The extension, which is part of the cleanup process of...

In Hoboken, latest round of small business grants comes with bonus — if you...

Hoboken Mayor Ravi Bhalla announced Wednesday a second round of grants for small businesses hammered by the pandemic — with companies having 25 or fewer employees eligible to receive up to $10,000. But that’s not...

Investors Bank to be acquired by Citizens in $3.5B deal

Investors Bancorp announced Wednesday morning that it has entered into a definitive agreement to be acquired by Citizens Financial Group, the Providence, Rhode Island-based institution that is the parent company of Citizens Bank. The agreement...

Did cutting extra $300 help spur employment?

About how that extra $300 was de-incentivizing workers to find jobs and helping to create — or perpetuate — the unprecedented worker shortage that seemingly is facing every business as New Jersey and the...

Show & Tell: Tim Sullivan talks about the creation of the New Jersey Community...

Tim Sullivan is CEO of the New Jersey Economic Development Authority. He talked about the creation of the New Jersey Community Stage Relief Grant Program — a $17.5 million fund that will give grants of...

Nonprofit Security Grants Program worth $2.1M in 5th Dist.

Fifteen nonprofits in the state’s Fifth Congressional District — including houses of worship, schools and local community organizations — will received a total of $2.1 million from the new Nonprofit Security Grants Program, U.S....

119 venues in N.J. receive more than $115M in grants — and more is...

The Shuttered Venue Operator Grant program has awarded 195 venues in New Jersey more than $115 million, the U.S. Small Business Administration announced Monday. The SBA also updated individual SVOG grantees and award amounts, as...

O’Toole: Impact of $44M grant goes far beyond port

Let’s get straight to the economic numbers. The $44 million infrastructure grant the U.S. Department of Transportation awarded to the Port Authority of New York and New Jersey on Monday for the Port Street Corridor...

Latest Articles

German Doner Kebab to open 1st location in U.S. at American Dream

German Doner Kebab, a global fast-casual restaurant chain that says it is revolutionizing the kebab, will open its first restaurant in the United States...

CVS Health to increase minimum wage to $15 in July 2022

In a move that could have great impact in New Jersey, CVS Health announced Wednesday that all of its employees nationwide will make at least...

Geoponica Greens, indoor vertical farm, to open facility in Hamilton Twp.

Geoponica Greens, an indoor hydroponics vertical farm business based in Chesilhurst, is expanding its existing operations to the historic Mill One warehouse in Hamilton...

Pediatrician signs lease for medical office space in Parsippany

A pediatric provider has signed a lease for 1,377 square feet of medical office space at Parsippany Commons, according to real estate firm Larken...

Zoetis acquiring Australian maker of veterinary medicines

Zoetis, the Parsippany-based animal health company, has agreed to acquire a leading maker of livestock and companion animal medicines, it announced Wednesday. The deal would...