Moody’s upgrades NJCU’s outlook from ‘negative’ to ‘stable’
Twenty months after declaring a financial emergency that seemingly had the school on the verge of bankruptcy, New Jersey City University received a stunningly positive review from Moody’s, which upgraded its outlook from “negative”...
TD Bank to buy First Horizon in $13 billion deal
TD Bank is acquiring First Horizon Corp. of Tennessee in a deal valued at $13.4 billion, according to a Monday announcement.
Formally known as Toronto-Dominion Bank, TD — which has headquarters in Cherry Hill —...
Lionsgate Films awarded 1st Studio Partner designation under film and digital media tax incentive...
The first-ever Studio Partner designation under the Garden State Film and Digital Media Jobs Act has been awarded to Lionsgate Films Inc., according to a Wednesday announcement from the New Jersey Economic Development Authority.
Lionsgate...
Dunn launches Wall-based corporate aircraft brokerage firm
Industry veteran Dan Dunn has announced the launch of Adyson Aviation Group, a transaction-focused corporate aircraft brokerage in Wall.
The combination of industry experts from the U.S., Europe, the Middle East and Africa will give...
Kevin Hart’s Gran Coramino tequila disburses over $1M to over 100 underresourced small business...
Gran Coramino Tequila, a Jersey City-based ultrapremium tequila founded in 2022 by Kevin Hart and 11th-generation tequila maker Juan Domingo Beckmann, has awarded over $1 million in grant funds to over 100 Black and...
Pa. company buys Ridgewood third-party admin firm
A Ridgewood-based third-party administration firm has been acquired by Ascensus, the Pennsylvania-based savings solutions provider announced Tuesday.
INTAC Actuarial Services Inc. will become part of Ascensus’ TPA Solutions division, according to a news release. INTAC...
S&P gives state its 2nd credit upgrade in 13 months, elevates N.J. to ‘A’...
S&P Global Ratings on Wednesday became the third of the three major credit ratings to upgrade the rating on New Jersey’s general obligation bonds one level.
S&P moved the state from “A-” to “A,” its...
Prager Metis strengthens indirect tax capabilities with appointment of Steve McCrindle as partner
Prager Metis, a leading global advisory and accounting firm with a heavy presence in New Jersey, on Monday announced the appointment of Steve McCrindle as a partner in the firm's Indirect Tax Practice.
McCrindle will...
Loew’s Theatre in Jersey City approved to receive $42.27M in tax credits from NJEDA
Loew’s Theatre in Jersey City on Wednesday was named the first recipient of an award under the Historic Property Reinvestment Program.
The project, approved by the New Jersey Economic Development Authority board, is expected to...
OpenDoor names former Fidelity exec its CTO
OpenDoor Securities LLC, a Jersey City-based order book for U.S. Treasuries, has named a former Fidelity Capital Markets Technology executive as its chief technology officer, it announced.
OpenDoor said in a news release that Carson...