HUD awards N.J. organizations $404K for housing counseling programs

The U.S. Department of Housing and Urban Development announced more than $12.5 million in supplemental housing counseling grants awarded nationwide, including more than $400,000 awarded to New Jersey organizations. The grants will support quality housing...

Cross River offers borrowers assistance, gives employees $500 stipend

Add Fort Lee-based fintech Cross River Bank to the list of companies trying to help out amid the COVID-19 pandemic sweeping the state and region. The company announced Wednesday that it is offering borrowers assistance...

Labor Dept.: N.J. unemployment benefit payouts hit $3.4B, number of new cases declines

The New Jersey Department of Labor & Workforce Development announced on Thursday it has distributed $3.4 billion worth of unemployment benefits in New Jersey since the COVID-19 pandemic began mid-March. In the nine weeks since...

Female entrepreneurs get opportunity to pitch to the pros

Crystal Pressley worked various jobs, spending time both in Corporate America and as a corrections officer. She felt each workplace had one thing in common: All the employees seemed to defer their dreams. So, when Pressley...

Lake Como-based financial services firm inks SVP of sales

Lake Como-based Four Springs Capital Markets, a financial services firm, announced Monday it has appointed Jeff Noblin as senior vice president of sales. Noblin will be responsible for covering the South and Central region of...

Bipartisan group offers recommendations on tax structure

A new bipartisan report analyzing the inefficiencies of state and local government and the hefty property tax burden on residents was released Thursday afternoon by a group of legislators and experts around the state. “The...

Financial transaction tax is wrong for N.J.

It was front page news when several New York-based stock exchanges threatened to pull their facilities out of New Jersey if Gov. Phil Murphy and the Legislature move forward with a financial transaction tax....

MassMutual NJ – NYC honors founders at gala

MassMutual New Jersey – NYC recognized its original founding team at its 20th Anniversary Gala, held earlier this week at the Legacy Castle in Pompton Plains. The team, led by Michael Vesuvio, general agent, MassMutual...

Rumors of credit union branches’ demise have been greatly exaggerated

Industry watchers have regularly sounded the death knell for the brick-and-mortar side of the financial sector. One would expect, then, that the largest credit union based in the state, Affinity Federal Credit Union, would be...

Strangfeld retiring as Prudential CEO; Lowrey to take over

John Strangfeld will retire as CEO of Prudential Financial Inc. on Nov. 30, the Newark-based financial services giant announced Wednesday morning. The board of directors said Charles Lowrey, executive vice president and chief operating officer,...

Latest Articles

Montclair State searching for new head of Feliciano Center for Entrepreneurship & Innovation

Montclair State University is in the process of selecting a new executive director for the Feliciano Center for Entrepreneurship & Innovation. And Kimberly Hollister...

CSIT awards $450K to 16 early-stage STEM companies

The New Jersey Commission on Science, Innovation and Technology awarded a total of $450,000 to 16 early-stage companies through the state’s Small Business Innovation Research...

Luxury rental property in historic bank building opens in Hackensack

A new luxury rental property in Hackensack has opened, according to developer Heritage Capital Management LLC. The company celebrated the grand opening of 210 Main,...

Mount Laurel-based chemical/pharma company buys nitroglycerin maker

PMC Group International Inc., an independent arm of Mount Laurel-based PMC Group Cos., has acquired the Pennsylvania maker of nitroglycerin, it announced recently. PMC Group,...

Q&A: Manufacturers ask N.J. officials about workforce training programs, reopening state, incentives for making...

The New Jersey Manufacturing Extension Program worked hard to get 32 state officials to participate in its virtual state-of-the-state of manufacturing event Thursday —...