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Time is running out to save N.J.’s tax incentive programs

Policymakers, including the Legislature and the Governor’s Office, all agree — tax incentives are an important and effective tool in New Jersey’s economic development toolkit. In fact, everyone agrees that the absence of an effective...

OceanFirst Bank appoints Svizeny president of Greater Philadelphia region

Red Bank-based OceanFirst Bank, a wholly-owned subsidiary of OceanFirst Financial Corp., announced Tuesday it has appointed Susanne Svizeny as president of the Greater Philadelphia region. Svizeny will lead the bank's expansion in the metropolitan Philadelphia...

Menendez backs Murphy’s look at EDA incentives: ‘I applaud him’

U.S. Sen. Bob Menendez, appearing with Gov. Phil Murphy on Friday in Lavallette to discuss the impact of the joint federal and state efforts to help New Jersey’s shoreline, spoke out in defense of...

Sweeney on how incentives have spurred N.J. — and how legislation really gets done

What’s next for tax incentives in the state? As the calendar runs down on the Grow New Jersey and Economic Redevelopment and Growth programs, the state could be without tax incentives. Top Democratic legislators have said...

N.J.’s Asian Americans gaining influence — but not all in same way, report emphasizes

A new report released Thursday highlighted the growing influence of Asian Americans in New Jersey, as well as attempts to open a dialogue to highlight the differences between the various subgroups that make up...

Sweeney announces EDA incentive committee in Senate, noting it’s bipartisan (4 Dems, 3 GOP)

State Senate President Steve Sweeney announced the members of his bipartisan committee to analyze the state's tax incentive programs, which are administrated by the New Jersey Economic Development Authority, in a statement Wednesday. The committee was established last week by a Senate...

Newark is 1st city to get Opportunity Zone grant aimed at socially responsible investment

Newark has been awarded a grant of nearly $1 million from the Rockefeller Foundation and Prudential Financial as part of an initiative to help U.S. cities attract responsible private investment in economically distressed communities...

WBL’s CEO knows effort to craft regulation may be controversial, but he’s convinced he’s...

Doug Naidus, CEO of World Business Lenders, knows his efforts seem confusing. Why is an unregulated lending company trying to help craft legislation that would regulate it? Especially a company that was recently accused of...

Kemly named chairman of NJ Bankers for 2019-20

Thomas Kemly, the CEO and president of Columbia Bank, has been named chairman of the New Jersey Bankers Association for its 2019-2020 fiscal year, the group announced. Thomas Shara, the CEO and president of Lakeland...

Pru names new chief information officer

Prudential Financial Inc. has named a new chief information officer, the Newark-based financial services giant said Monday. Stacey Goodman will serve as executive vice president and CIO, starting July 15. In her new role, she...

Latest Articles

Kenvue moving Neutrogena operations to N.J., closing L.A. office and cutting jobs

Kenvue, the Johnson & Johnson spinoff that operates as a fully independent company and is based in Skillman, is closing its Neutrogena office in...

The push — and the need — for statewide participation in AI Hub from...

The state’s well-chronicled history of innovation — along with Princeton University’s equally impressive connection to major computer science advances — made New Jersey and...

Responsible AI: There need to be guardrails, Microsoft expert says

Artificial intelligence — especially with the rise of programs such as ChatGPT — can quickly teach you how to do anything. Like build a bomb...

Exchange Place Alliance installs thought-provoking artwork along Jersey City waterfront

Whether you are an art aficionado or not, a new sculpture installation along the Jersey City waterfront will not only catch your attention, but...

Denholtz Properties breaks ground on new coastal living community in Atlantic Highlands

Executives from Red Bank-based Denholtz Properties were joined by project partners, investors and prospective residents to celebrate the start of construction on Brant Point,...