Business & Finance

May 13, 2021

ESSEX COUNTY, NJ — A cyberattack against a “vital” U.S. oil pipeline has contributed to a spike in already high gasoline prices. New Jersey gas prices now average $3.06 per gallon, according to AAA, compared to roughly $3.03 per gallon nationally.  In Essex County, the price at the pump hit ...

Read more »

TRENTON, NJ -- With COVID-19 numbers trending decisively in the right direction and New Jersey progressing toward its adult-age vaccination goals, Gov. Murphy on Monday announced an additional easing of restrictions, including a removal of all percentage capacity limits for indoor and outdoor ...

Read more »

LIVINGSTON, NJ — Demolition has officially begun at the former Northfield Baptist Church at the corner of South Livingston Avenue and East Northfield Road, where the township recently approved an application by Livingston Builders, LLC, to create a mixed-use residential and retail development at ...

Read more »

VERONA, NJ — Three local Essex County middle school students have turned a passion project into a business, launching JAÉ Candles and Co. Jada Bednar and Ellie Ghingo, seventh-graders at H.B.Whitehorne Middle School in Verona, and Ava Tsettos, a West Caldwell seventh-grader at Grover Cleveland ...

Read more »

NEW JERSEY — New Jersey was ranked as the state with the seventh highest overall tax burden, a 9.98% overall state tax, according to personal finance website WalletHub’s 2021 Tax Burden by State report. New York was the highest taxed state in the nation. What accounts for New Jersey's top ...

Read more »

WASHINGTON, D.C. — The Treasury Department and Internal Revenue Service announced Wednesday that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15 to May 17, 2021. The IRS will be providing formal guidance in the coming ...

Read more »

TRENTON, NJ -- In words that had to be music ot the ears of restaurateurs and other indoor business owners, Gov. Phil Murphy announced that effective Friday, March 19, restaurants, recreational/amusement facilities, gyms and fitness clubs, barber shops, salons, and other personal care ...

Read more »

NEW JERSEY -- New Jersey was rated the worst state to retire, according to personal finance website WalletHub's annual ranking of 2021’s Best States to Retire. What's the biggest reason for New Jersey's last place ranking? "The biggest reason New Jersey finished last is affordability. It has ...

Read more »

NEW JERSEY -- A new program called Sustain and Serve NJ has been launched by the NJEDA that enables struggling New Jersey restaurants to prepare meals that would be distributed to nonprofit organizations to feed for needy residents. Sustain and Serve NJ is a COVID-19 relief effort that helps ...

Read more »

ESSEX COUNTY, NJ —  Essex County is allocating $9 million to create the Essex County Small Business Lease Emergency Assistance Grant. This grant funding is designed to help small businesses and non-profit agencies in Essex County that have been negatively impacted by the coronavirus pandemic pay ...

Read more »

TRENTON, NJ – Gov. Phil Murphy announced today that he will sign an Executive Order giving municipalities and counties the option to regulate the operating hours of non-essential businesses after 8 p.m. He noted that often, as the night progresses, people let their guard down (when it comes to ...

Read more »

VERONA, NJ — Township manager Matthew Cavallo's municipal budget update at last week's Township Committee meeting revealed the areas in which Verona has fallen far short of projected revenue in 2020 thanks to the coronavirus crisis. The township's property tax collection as a whole has not been ...

Read more »

NEW JERSEY — Bar and restaurant owners across New Jersey will be able to toast this week to the latest expansion on liquor license permits - initially triggered to help businesses weather the coronavirus pandemic while serving outdoors.  “For many of our residents having the ability to serve ...

Read more »

TRENTON, NJ — After a review of fuel consumption statistics, the New Jersey Department of the Treasury announced on Friday that lower fuel consumption trends, caused by the COVID-19 pandemic, will result in a gas tax increase of 9.3 cents per gallon in October. The Treasury Department says that ...

Read more »

PISCATAWAY, NJ -- Gov.Phil Murphy today delivered his revised $32.4 billion Fiscal Year 2021 Budget -- 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 closing ...

Read more »

PARSIPPANY, NJ - The parent company of Kings Food Markets and Balducci's Food Lover's Market, KB US Holdings, Inc., announced it has filed for Chapter 11 proceedings in the U.S. Bankruptcy Court for the Southern District of New York. The filing follows a buyout offer from New York investment firm ...

Read more »

ESSEX COUNTY, NJ — The days of walking to Bloomfield Avenue or Eagle Rock Avenue to catch the 33 or 66R to Port Authority and Wall Street are on hold at least until September effective Aug. 7 according to a statement by DeCamp Bus Lines.  The 150-year-old Montclair based company which began ...

Read more »

NEW JERSEY — Jewish homes across New Jersey have been opening their mailboxes each week for generations, and receiving news of interest about the Jewish world around them in the New Jersey Jewish News: from the hyper local — such as start times for holiday services at different synagogues and who ...

Read more »

WEST ORANGE, NJ — Improvements to make the Junction Train Station at Turtle Back Zoo more handicap accessible have been completed, it was announced by Essex County on Tuesday. The improvements will be unveiled Wednesday morning, according to the office of Essex County Executive Joe ...

Read more »

VERONA, NJ - The Verona Department of Public Works will be doing maintenance in the Grove Avenue parking lot on Monday morning, which will include patching some large potholes, some needed landscaping and sweeping of the entire lot.  Also, a portion of the back area of that lot will be converted ...

Read more »

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 read more, visit njspotlight.com. New Jersey’s pandemic recovery process may have hit a speed bump, after a rise in the COVID-19 ...

Read more »

TRENTON, NJ -- Gov. 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 PPE ...

Read more »

WAYNE, NJ — On Monday, with little fanfare, but great relief to many, the doors of the Willowbrook Mall opened and the quiet halls filled with happy shoppers and even happier workers relieved to have their jobs back. For three months, the mall was closed and the grand halls, housing hundreds of ...

Read more »

TRENTON, NJ -- Although he planned to loosen restrictions on indoor dining in New Jersey on Thursday, July 2, Gov. Phil Murphy announced at his daily COVID-19 press conference Monday that he will delay the reopening. He provided no timetable of when indoor dining -- even at reduced capacity -- ...

Read more »

TRENTON, NJ— Amusement park rides, water parks and playgrounds will re-open in time for July 4th weekend, with 50% capacity and other COVID-19 protocols. “It's just a coincidence that it's a scorcher outside today, but today we are announcing that outdoor amusement parks and water parks will be ...

Read more »

NEW JERSEY - Elective surgeries and limited retail shopping have already returned statewide. But Gov. 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 our ...

Read more »

TRENTON, NJ -- Gov. 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.

Read more »

MONTCLAIR, NJ - The Montclair Township Council had a light agenda for its June 9 meeting, the final conference meeting of the current council under outgoing Mayor Robert Jackson. The meeting lasted longer than expected, however, by a seemingly endless barrage of calls during public comment from ...

Read more »

TRENTON, NJ -- The reopening process for the State of New Jersey continues as Gov. Phil Murphy on Frday announced that he has lifted restrictions for daycare centers, summer camps, and non-contact youth sports. The reopening dates are: Child care centers (June 15) Non-contact organized ...

Read more »

VERONA, NJ - The Verona Town Council opened the floor for community input during Thursday evening’s virtual council meeting to gauge public opinion on a current proposal to open a medical marijuana dispensary in town at 30 Pompton Avenue.  This proposal comes from Green Thumb Industries, a ...

Read more »