Two days after JPMorgan Chase said it had dropped plans to build two new office towers for $6.5 billion in midtown Manhattan, reportedly because New York City refused the company’s request for tax breaks, New Jersey’s economic development team sprang into action.
A letter from Lt. Gov. Kim Guadagno, Governor Christie’s jobs czar, went out to 275 financial services companies in New York and Philadelphia, touting the "benefits of investing in New Jersey."
Haier America, a subsidiary of the Haier Group, a Chinese global appliance and consumer electronics company, officially opened its new North American headquarters in Wayne on Monday.
In moving its headquarters last month from Manhattan to Wayne, the company is now the sole occupier of a retrofitted 56,000-square-foot facility on Valley Road. Though the relocation brought roughly 200 jobs along with it from New York to New Jersey, a smaller Manhattan office will still be maintained.
(Editor's Note: This story was updated at 4:45 p.m. with comments from several New Jersey lawmakers.) After all but uniting on a backup plan to legalize sports betting — only to have the bill vetoed by Gov. Chris Christie — state lawmakers rejoiced Monday after the governor opened a new avenue to create the offering at New Jersey's casinos and racetracks.
Gov. Chris Christie, a potential presidential contender looking to build some international credentials, kicked off a three-day trade mission to Mexico on Wednesday with talks that touched on national Republican priorities as well as meat-and-potato New Jersey business issues.
In a trip billed as vitally important to New Jersey’s economic interests, Chris Christie will be shaking hands with Mexico’s president and talking with CEOs from the country’s largest companies when he arrives Wednesday for a three-day trade mission.
PSE&G's $8.1 billion investment in its infrastructure in New Jersey will end up boosting the state's economy, creating thousands of jobs and generating revenue for the government, according a report released Wednesday.
Richard S. Mroz, president of the state Board of Public Utilities since 2014, discussed New Jersey's Energy Master Plan and… Read More