Business & Finance

June 22, 2020

NEWARK, NJ — As New Jersey’s COVID-19 epicenter and a municipality that suffered some of the most disproportionate death rates, Newark set stringent reopening measures for its small business community this past May.    As reopening progresses, businesses must fill out a six-page application ...

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NEWARK, NJ — When Gov. Phil Murphy closed all non-essential businesses in the state on March 16 in response to the COVID-19 pandemic, no one knew what it would lead to, or how long it would last. “At first when we closed, the word on the street was you have to close up for two weeks and we’ll be ...

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NEWARK, NJ — For the past two months, the Newark Downtown District (NDD) has been delivering fresh meals to people in need throughout Newark as part of a new "From the Heart" program. Residents throughout the entire city are experiencing hunger resulting from the impacts of decreased employment ...

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NEWARK, NJ — When the pandemic touched down in March, Tonnie Rozier, owner of Tonnie’s Minis boutique bakery on Halsey Street, just about emptied his personal accounts making sure every customer who needed a refund, received one.  “I wasn’t going to tell someone that I can’t give them back their ...

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NEWARK - Amazon recently announced it has hired more than 80,000 employees across the U.S. to meet the surge in demand from people relying on Amazon’s service during this stressful time, particularly those most vulnerable to being out in public. This includes nearly 6,000 new employees in New ...

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NEWARK, NJ — Just two weeks before New Jersey entered lockdown to stifle the spread of the coronavirus, Audible celebrate its 30,000 “Lunch Out” Wednesday visit, a program that has supported local restaurants in downtown Newark.  Now, as the pandemic ravages the business sector and leaves ...

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NEWARK, NJ — If there’s one skill the family behind Mel Gambert Custom Shirtmakers has become expert at since opening their first shop on Springfield Avenue in 1933, it wouldn’t necessarily be drafting patterns — it’s perseverance. Joe Gambert, the family patriarch, became Newark’s custom shirt ...

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NEWARK, NJ — Kleen Kutz on Bergen Street is a business divided into two hemispheres: On one side, the sound of clippers collides with raucous male debate, and next door, women exchange banter while they receive any number of hair services.  Usually, there is laughter handy regardless of which ...

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Ferry Street, Newark's pulsing bar and restaurant artery, resembled a street in a ghost town on Monday night after a regional declaration of coronavirus restrictions shut down bars and strictly regulated restaurants in a neighborhood renowned for its ethnic cuisine and bustling nightlife. "Who's ...

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NEWARK, NJ — As COVID-19 chaos continues to send industries across the economic spectrum into crisis, the Port of New York and New Jersey is feeling the impact and preparing for a continued slow-down as its top trade partners’ factories remain shuttered.  Now several weeks into the outbreak, ...

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NEWARK, NJ — Considering the appearance of coffee bars, ping pong tables and cafeterias featuring multinational cuisine in offices over the past decade, it would be fair to argue that companies are going to great lengths (and paying top dollar) to keep their employees in the building.  Instead, ...

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NEWARK, NJ — A look inside Off The Hanger and ANÉ, a combined decor studio and luxury fashion boutique on Linden Street in the heart of downtown Newark, immediately hits your eyes with a kaleidoscope of color working to serve the cause of commerce. Amidst the combination of funky clothing and ...

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NEWARK, NJ — Anybody who comes from the Ironbound neighborhood of Newark (a.k.a. Down Neck) knows that in all aspects of life, it's all about relationships. For Chris Licata, ConnectOne Bank senior vice president, his deep family roots in the Ironbound is helping him and his co-workers extend ...

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NEWARK, NJ — An award-winning craft ramen and Japanese Izakaya restaurant group will open later this year in Newark's historic Hahne & Co. building on Halsey Street. L+M Development Partners, Prudential Financial and Goldman Sachs Urban Investment Group have announced Ani Ramen House has ...

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NEWARK, NJ — As part of a push for a new tax incentives program that would overhaul the state’s system of lenient corporate tax breaks, Gov. Phil Murphy toured and spoke at Launch Pad Newark on Thursday presenting optimism that reforms will yield more coworking spaces and reward local hiring across ...

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NEWARK, NJ — Bill Scully, Irish immigrant, teller of tales, well of wit, and longtime bartender at McGovern's Tavern in Newark, was doing his job with speed, skill and grace on the day the beloved bar reopened after its renovation. On this day, by happenstance, All Saints' Day, Scully, a holy man ...

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NEWARK, NJ - Domenico Luccarelli has been in the retail business for most of his life. But when his family market in Holmdel was sold, he wanted to find a new line of work. Interested in running his own business, he began exploring franchise opportunities, and eventually settled on Sweetwaters ...

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NEWARK, NJ - Bank of America has committed $1 million over a four-year period to support transfer students in the Honors Living-Learning Community (HLLC)  at Rutgers University–Newark. Created in 2015, the HLLC has established itself as a transformational college access program by challenging ...

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NEWARK, NJ - A new task force has been created that will begin to plan for a universal basic income pilot program in Newark, Mayor Ras Baraka announced.  Baraka first hinted at the program during his state of the city address in March, and it's still unclear what the program will look like in ...

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A new building supply company slated to open on Doremus Avenue in Newark's Ironbound is looking to hire local residents. Kuiken Brothers, one of the state’s leading suppliers of residential and commercial building supplies, plans to open a new distribution center at 500 Doremus Avenue by the end ...

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NEWARK, NJ - An initiative that assists low-income Newark families and individuals to file taxes for free, has helped residents receive more on their tax returns and save millions in tax preparation fees.  The Newark Free Tax Prep program, an initiative between the Newark Asset Building ...

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NEWARK, NJ - The state will host a summit in Newark to connect businesses owned by minorities, women, veterans and LGBTQ people with $1 billion in contracting opportunities.  The NJ Connects summit is being organized by the state Office of Diversity and Inclusion, which was created by Gov. Phil ...

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NEWARK, NJ -  Amazon didn't select Newark for its second headquarters, but a new report says that doesn’t mean the city wouldn’t be appealing to another big corporation.  The Brick City would still be the best bang for the buck should another large corporation want to plop its headquarters here, ...

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NEWARK, NJ - A prominent union leader who successfully fought to get Newark Liberty International Airport employees a $19 minimum wage has died.  Hector Figueroa, president of 32 BJ Service Employees International Union (SEIU), died suddenly last night in New York of an apparent heart attack, a ...

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NEWARK, NJ - Residents will have the opportunity on Saturday to review the city's proposed $710 million budget, ask questions and share their opinions.  This is the first year the city will hold a community meeting ahead of the regularly scheduled budget hearings with each department. The ...

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