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SBA says economy added 266K jobs in Nov.: ‘U.S. is powering through global shutdown’

The United States economy added 266,000 jobs in November, surpassing economists' predictions of only 187,000 jobs in the month, according to the U.S. Small Business Administration. The national unemployment rate also fell to a low...

The DAK Group sells N&S Supply to a large HVAC/R distributor

The DAK Group, a Rochelle Park-based investment banking firm, announced the sale of its client, N&S Supply, to Watsco Inc., a large distribution network for heating, air conditioning and refrigeration products. DAK's team of Alan...

Nonprofit Profile: NJ CAR, helping auto dealers adopt apprenticeship model to train techs

Origin The New Jersey Coalition of Automotive Retailers, founded in 1918, is a nonprofit organization serving approximately 510 neighborhood new car and truck dealerships throughout New Jersey. NJ CAR promotes the principles of commercial honor...

Marine Corps veteran caps logistics career by becoming Amazon Delivery Service Partner

Jose Mercado Jr. served his country for nearly a decade.  Now, as a business owner, he is excited about giving back to his community.  “That, to me, is the biggest joy,” he said.  Mercado is president of...

Siemens announces 3rd series of R&D student fellowship challenges

Siemens Corporate Technology, a research and development hub in Princeton, announced on Monday the third series of its R&D student fellowship challenges. The FutureMakers Fellowship 3.0 was created, Siemens said, to foster innovative ideas and...

Story, one of N.J.’s top female CEOs, to retire from American Water on April...

Susan Story will retire from her position as CEO and president of American Water, the largest publicly traded U.S. water and wastewater utility company, on April 1, 2020, she announced Tuesday. Story, one of only...

Tavarez Distributors expands in Passaic with EDA lease assistance

Tavarez Distributors announced recently it was provided support from the New Jersey Economic Development Authority's Lease Assistance Program and has expanded its footprint in Passaic. The grocery business began in 2013 when founder Carlos Tavarez...

Clearway Energy acquires Carlsbad Energy Center

Clearway Energy Inc., a development and operations platform with an office in Princeton, announced Monday it has acquired a 527 megawatt energy center in Carlsbad, California, from Global Infrastructure Partners III for $184 million. The...

NJMEP receives approval to offer first CNC apprenticeship program in N.J.

The New Jersey Manufacturing Extension Program announced on Monday it will begin offering the first registered Industrial Management Production Technical Apprenticeship program in the state. The CNC Apprenticeship program, which will be offered through NJMEP's...

Arctic Glacier expands ice products business with acquisition

Montclair-based packaged ice products company Arctic Glacier LLC has acquired a pair of Indiana companies to expand its presence in the Midwest, it announced this week. The deal for Cosner Ice Co. Inc. and Cosner...

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,...