Business & Finance

November 9, 2020

S&P Global Ratings concerned about state’s ‘significant structural deficits’ as it prepares to borrow more than $4 billion. This story was written and produced by NJ Spotlight. It is being republished under a special NJ News Commons content-sharing agreement related to COVID-19 coverage. To ...

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NEW JERSEY — Standing before a wall of kegs Tuesday, Governor Phil Murphy spoke of a new $100 million in Coronavirus Aid, Relief, and Economic Security (CARES) Act funds that will go toward New Jersey businesses and residents hit the hardest by the global health crisis.  “We're ready to help ...

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OLD BRIDGE, NJ - The coronavirus pandemic hit many Middlesex County residents hard with a large number facing unemployment. To help county residents find their next job, the Middlesex County Office of Career Opportunity is holding a drive-thru job fair on Thursday, October 15 from 10 a.m. to 1 p.m.

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EAST BRUNSWICK, NJ - The sparkling new Care One residence on Cranbury Road in East Brunswick commemorated the 19th Anniversary of the 9/11 attacks by reaching out to the township's first responders, sharing community spirit and common effort.  Care One staff shared some lunch at the location's open ...

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SPOTSWOOD, NJ - The borough will hold its annual tax sale on October 28 at 10 a.m. at the Municipal Complex. The sale will take place in the Municipal Court Room. The annual tax sale is for all unpaid taxes and municipal charges in 2019. Spotswood's Municipal Complex is located at 77 Summerhill ...

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EAST BRUNSWICK, NJ - Slot car racing became synonymous with Americana in the 1960s—now, more than 60 years later, COVID-19 has brought families back to the tracks. The pandemic, said Frank Tiessen, President of North American operations for the slot car racing brand Carrera of America, has led to a ...

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TRENTON, NJ — Marking the milestone of six months since the confirmation of the first coronavirus case in New Jersey, Governor Phil Murphy kicked off the holiday weekend by signing an Executive Order to allow for the resumption of indoor dining, albeit at 25 percent capacity. The order also allows ...

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PISCATAWAY, NJ -- Governor Phil Murphy delivered his revised $32.4 billion Fiscal Year 2021 Budget on Tuesday including "revenue raisers," such as higher taxes on New Jersey millionaires, a "baby bond" of $1,000 for babies born in 2021, spending cuts, $4 billion in borrowing and a $2.2 billion ...

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TRENTON, NJ – The rate of daily positivity and the numbers of New Jersey residents in hospital ICUs and ventilators continues to trend downward, according to Governor Phil Murphy, who released the latest figures at his COVID-19 press briefing in Trenton on Wednesday. Murphy said that the daily ...

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NEWARK, N.J. – According to a press release issued Monday, PSE&G is expanding its claims policy due to the COVID-19 pandemic so that customers whose electrical service was interrupted by Tropical Storm Isaias for at least 72 hours can be reimbursed for spoiled food and medication. The tropical ...

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NEW JERSEY – Each year, the Garden State Journalists Association (GSJA) honors the best in print, online and broadcast journalism and, for 2020, TAPinto was recognized for excellence in reporting with six Memorial Journalism Awards. For 2020, Victoria Caruso of TAPinto South Plainfield earned ...

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BRIDGEWATER, NJ - Steve Kalafer, a successful businessman, philanthropist, founder and owner of the Somerset Patriots baseball team, a loving husband, proud father and grandfather who cares for the community as much as his family has been selected as an inductee with other prominent New Jerseyans ...

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NORTH BRUNSWICK, NJ - Are you ready for some pain au chocolat, stuffed escargot, stepladders, organic veggies, and Brooklyn-baked goods? Salsa music rocked the shoppers waiting on line at the opening of the new Lidl grocery store on Milltown Road in North Brunswick yesterday, as a new business ...

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NORTH BRUNSWICK, NJ – April Scelsa’s story mirrors those of thousands of small business owners whose nail salons, coffee houses and nutrition supplement boutiques wouldn’t have been able to re-open in the midst of the COVID-19 pandemic without a little help. Scelsa used money she got from the ...

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EAST BRUNSWICK, NJ - "A lavish lifestyle." That's what Senior Administrator Chris Slavicek promise for residents at the new Care One on Cranbury Road.  Indeed, care one is located right next to the luxurious Park Chateau and the new hotel that is going up beside it.  On a recent tour of the ...

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SPOTSWOOD, NJ - Make sure to check those Jersey Cash 5 Lottery tickets this week. The winning tickets for Tuesday's July 14 Jersey Cash 5 jackpot were sold in two Middlesex County stores including the Spotswood ShopRite on Old Stage Road. South Plainfield's Durham Avenue's Quick Chek sold the other ...

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NEW JERSEY -- The SBA and the Treasury Department, this week released detailed loan-level data regarding the 4.9 million small business loans made under the Paycheck Protection Program (PPP). Overall, PPP made $521 billion in forgivable loans to businesses nationwide. The average loan size was ...

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TRENTON, NJ -- Governor Phil Murphy surprised restaurant owners who had been preparing for the return of indoor dining on Thursday, July 2, by announcing just four days before that indoor seating would be delayed indefinitely.  Having spent money ordering food, retraining workers, and purchasing ...

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EAST BRUNSWICK, NJ - There was a bit of an eye to the future and somewhat of a nod to the past as the Brunswick Square Mall reopened on Monday.  "Anchor stores like J.C. Penney and Macy's have had a strong showing over the past two weeks, with JCP's East Brunswick location being one of the most ...

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EAST BRUNSWICK, NJ - Brunswick Square Mall will open today, Monday, June 29 with reduced hours of 11 a.m. to 7 p.m., Monday through Saturday, and noon to 6 p.m. on Sunday. Planned reopening dates for individual tenants may vary, so shoppers are encouraged  to call ahead and to follow along on ...

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EAST BRUNSWICK, NJ - East Brunswick’s Drama Salon is finally reopened for business. After three months of being closed due to the COVID-19 epidemic, the salon opened its doors on Tuesday, June 23. Regulars will be able to get their hair cut and styled once again - albeit with new ...

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NEW JERSEY - Elective surgeries and limited retail shopping have already returned statewide. But Governor Phil Murphy said Friday that in three days New Jersey’s nine million residents will face their biggest test yet toward safely congregating indoors.   “Salons and barbershops are going to be ...

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TRENTON, NJ -- Governor Phil Murphy announced during his daily COVID-19 press conference today that indoor portions of retail shopping malls may reopen on Monday, June 29. It won't be business as usual, however. He is requiring masks to be worn, and all stores will be limited to 50% capacity.

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EAST BRUNSWICK, NJ - Got greys? Flyaways? Unruly poufs that defy the laws of gravity? Well, there’s good news, salon devotees, for the future of your follicles. After three months of lock down, NJ’s approximately 10,000 hair and nail salons are back in business.  The state’s beauty shops have been ...

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BRIDGEWATER NJ -  Somerset Patriots Chairman Emeritus Steve Kalafer has been nominated for the New Jersey Hall of Fame Class of 2019-20. “I have used this line before, but for the Academy Awards, it’s an honor to just be nominated,” said Kalafer. “In all seriousness, to even be considered as a ...

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EAST BRUNSWICK, NJ - Limited service will return for bus trips to and from the Port Authority, with buses only stopping at Neilson Plaza in East Brunswick. Suburban Transit will resume limited service on the 100 Line and 300 Line effective June 15 and will look to expand service as demand warrants.

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TRENTON, NJ – Governor Phil Murphy outlined a series of guidelines Thursday for the thousands of bars and restaurants across the state to follow when they begin to welcome back patrons on June 15. Although non-essential retail businesses will follow familiar rules that have been observed for ...

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MIDDLESEX COUNTY, NJ – In order to assist local small businesses negatively impacted during the coronavirus pandemic, Middlesex County is offering a Small Business Grant program to help local businesses throughout the county. The grants utilize funding from the federal Community Development Block ...

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TRENTON, NJ — Garden State eateries continuing to hurt because of COVID-19 will get further relief June 15 when the state will begin allowing for in-person outdoor dining. Governor Phil Murphy, in announcing the executive order Wednesday, said he himself has a reservation for June 15 although he ...

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SOMERVILLE, NJ - Starting June 15, New Jerseyans can make themselves presentable again by getting a haircut before dining out at their favorite restaurant and after indulging off the menu, work out at the local gym the next day. They'll also be able to go inside and shop at their favorite ...

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