NJ ChamberEdge
NJ ChamberEdge Sponsor
Business Insights & Inspiration
Business Insights & Inspiration
NJ ChamberEdge Sponsor

 

The Edge for April 2018

An Exclusive Article for NJ ChamberEdge

New Jersey’s Most Seasoned News Reporters Give Business Leaders a Unique Look into the State’s Biggest Issues

It has become a popular tradition at the annual Walk to Washington for the N.J. Chamber of Commerce to present a panel of news reporters, some of whom have covered politics for decades, to offer a candid look at the direction the state is headed - the good, the bad and the ugly.

THE PANEL
Michael Aron David Cruz Anjalee Khemlani
Michael Aron
Chief Political Correspondent, NJTV
David Cruz
Correspondent, NJTV News
Anjalee Khemlani
Managing Editor, ROI-NJ
     
Herb Jackson Jonathan D Salant Stacie Sherman
Herb Jackson
Washington Correspondent, The Record, NorthJersey.com & USA Today Network
Jonathan D. Salant
Washington Correspondent, NJ Advance Media for NJ.com and The Star-Ledger
Stacie Sherman
New Jersey Bureau Chief, Bloomberg News
Photos by Russ DeSantis Photography and Video

This year’s roundtable, held on March 2, and hosted by NJTV’s Chief Political Correspondent Michael Aron, featured a look at the state’s looming budget battle; an analysis of Gov. Murphy’s disputes with President Trump and state Senate President Steve Sweeney; and a preview of the upcoming fight for the U.S. Senate seat held by Bob Menendez.

 

NJ Chamber Reporters Roundtable 06

Gov. Murphy’s Battles

There was much talk about Gov. Murphy, who is still settling in to the state’s executive office.

It remains unclear what kind of governor he will be, but Michael Aron, who has covered Trenton politics for 35 years, wondered whether both Gov. Murphy and Sen. Cory Booker “need to tone down the rhetoric with Trump” if they expect Washington to support New Jersey’s needs. One example is funding for a new rail tunnel under the Hudson River – part of the $30 billion Gateway project that New York and New Jersey are pursuing aggressively.

NJ Chamber Reporters Roundtable 05“Gov. Murphy wants tunnel money - federal aid for the Gateway project - from the president, but he has been spending a lot of time ripping Trump,” Aron said.

Still, it was interesting that Gov. Murphy chose not to continue his attacks on Trump’s federal tax reform legislation during his March 1 address at the New Jersey Chamber’s Congressional Dinner in D.C., noted Jonathan Salant, Washington correspondent for The Star-Ledger and nj.com. “We heard about pressing forward on Gateway and Sandy aid, but we didn’t hear about (the federal tax reform),” Salant said.

The State Budget Fight

That’s not to say Murphy is shying away from all fights. Murphy is maintaining his call for a controversial income tax increase on high-income individuals (a so-called “millionaire’s tax”) in his proposed state budget, despite opposition from Senate President Steve Sweeney who can block the measure.

“The Democratic governor and Democratic senate president are dancing around each other and feeling out each other,” said David Cruz, correspondent for NJTV News. “I don’t know whether it’s a personal issue or a political issue or both. It will be interesting to see how it pans out.”

Stacie Sherman2

Having the same party in power in New Jersey’s legislative and executive branches simply does not translate into smooth sailing, said Stacie Sherman, the New Jersey bureau chief at Bloomberg News.  “There are agendas and there are egos,” Sherman said.

In 2006, when Democrats controlled both branches, a budget standoff between Gov. Jon Corzine and legislative leaders led to a government shutdown, Sherman reminded the audience. Corzine and the Legislature clashed on the issue of raising the state sales tax to help balance budget.

Criticism of a governor’s budget by legislative leaders is a customary part of the budget process, said Herb Jackson, Washington Correspondent for The (Bergen) Record. Legislative leaders resist in hope of forging compromises with the governor before the July 1 deadline to adopt a state budget.

“If you just agree with the governor right off the bat, you get nothing,” Jackson said. Still, “the executive often wins shutdown fights.”

For now, Senate President Sweeney, “in his own friendly and subtle way, is letting the governor know who is boss,” Cruz said.

NJ Chamber Reporters Roundtable 04

Menendez and the Midterm Elections

In Washington, meanwhile, U.S. Senator Bob Menendez will face a formidable challenger for his seat in the form of Republican Bob Hugin, a U.S. Marine veteran and former CEO of Celgene.

“Menendez has followers and he is a fighter but Hugin has the money to fight back,” Sherman said.

What Hugin doesn’t have is a popular president to campaign for him. There is even the question of whether Hugin would even want President Trump stumping for him.

However, much can happen between now and the midterm elections on Nov. 6, the reporters said.

NJ Chamber Reporters Roundtable 09

“If Trump passes a major gun control bill – something Obama and Bush couldn’t - that could change the calculous of the midterms in 2018,” Jackson said. “Maybe Hugin would even ask Trump to come to New Jersey to campaign for him.”

Cruz added: “If Hugin brings Trump to campaign for him in New Jersey, you know the dynamic has changed. Barring that, I don’t see Menendez losing.”

Aron would not discount Hugin though. “Hugin makes a good presentation,” Aron said. “He is a serious guy. You don’t get to be a CEO of Celgene by being a slouch.”

The State of the News Media

The roundtable concluded with a discussion on the state of the news media, which has sustained budget cuts, newspaper closings and layoffs in recent years.

“There is not enough of us to the great detriment to democracy,” Cruz said. “There is the lack of local newspapers covering city hall, education, police.”

Further, there are not enough reporters doing the time-consuming investigative pieces – “the deeper dives,” said Anjalee Khemlani, managing editor for ROI-NJ newspaper. “That is where New Jersey misses out.”

Jackson, The Record reporter, said, “You lose something when you don’t have eyeballs. People don’t want to pay for news.”

Salant, the Washington Correspondent for The Star-Ledger, said, “Our job is to watch public officials to make sure they are serving the public. If we don’t do that, nobody will.”

Cruz, of NJTV News, boiled it down. “Newsrooms are disappearing,” he said. “Newsrooms once served as a place that young reporters can learn institutional knowledge from veteran reporters. Now young reporters are filing six stories a day and they are not copy edited.”

NJ Chamber Reporters Roundtable panel

Responses for this article were edited for space and clarity.

Search the Edge Archive

Newsmakers


Maureen Schneider has been named interim CEO of Atlantic Health CentraState Medical Center in Freehold, the system announced. Schneider is formerly the president of Atlantic Health Chilton Medical Center in Pompton Plains. Stephanie Schwartz, president of Atlantic Health Overlook Medical Center, will serve as interim president at Chilton, a role she held before taking over Overlook in 2021.


Tim Hillmann, who served as Gov. Phil Murphy’s chief of staff from 2024 to 2026, has joined RWJBarnabas Health as vice president of corporate affairs. As chief of staff, Hillmann effectively served as the state’s COO, overseeing a $58 billion budget and more than 65,000 employees.


RWJBarnabas Health launched New Jersey’s first Street Medicine Program at Trinitas Regional Medical Center, bringing medical care to unhoused residents in Elizabeth.


AtlantiCare and Stockton University announced the creation of the Stockton-AtlantiCare College of Community Health in Atlantic City, aimed at aligning education, clinical care and workforce development. AtlantiCare committed an initial $15 million to support academic programming and workforce initiatives. The partnership will expand Stockton’s nursing, health sciences, social work and public health programs.


Thomas Edison State University announced the appointment of Jeff Harmon as its new provost. Harmon, who currently serves as the university’s vice provost for strategic initiatives and institutional effectiveness, will succeed Cynthia Baum, who is retiring.


EisnerAmper announced the appointment of Tax Partner Ramya Bala as its global tax technology leader. The newly created role underscores the firm’s commitment to technology and artificial intelligence as essential components of how modern tax services are delivered.


Public Service Enterprise Group has again been named to the Dow Jones Best-in-Class North America Index, marking the 18th consecutive year the utility has earned the recognition. The index, compiled by S&P Global, evaluates companies on sustainability practices, workforce development and corporate citizenship.


American Water, the water and wastewater utility company, has been recognized on the Forbes 2026 list of America’s Best Employers for Company Culture. This marks the second consecutive year Forbes has recognized American Water in this category.


Johnson & Johnson has donated $100,000 to the Stockton University Foundation, the school announced. Half of the funding will create the Johnson & Johnson Nursing Scholarship, while the remaining $50,000 will support the university’s food assistance program and housing essentials for students facing financial hardship.


Prudential Financial recognized 100 grant recipients at its 4th annual Newark Community Grants reception. Prudential's grants program provides micro-grants to support neighborhood projects. Since 2022, the Prudential Foundation has committed $2.3 million to the Community Foundation of NJ to fund organizations and small businesses.


Adanma Akujieze, with more than two decades of experience in leadership positions at private equity-owned and publicly traded companies, has been named CFO at T&M Associates, the engineering and technical services firm based in Middletown. She will oversee the planning and management of the finance department.


New Jersey Natural Gas announced that Helen Ayotte has been appointed vice president of engineering, construction and asset management. Ayotte will succeed John Wyckoff, vice president of energy delivery, who is retiring July 1. New Jersey Natural Gas is a subsidiary of New Jersey Resources.


Rowan University announced a shift in campus commerce, naming Rally House and eCampus.com to lead its retail and textbook operations beginning in July. Rally House will assume control of the two-story Rowan Boulevard storefront now operated by Barnes & Noble Collegiate, while eCampus.com will provide course materials through its online platform.


JAG Physical Therapy, one of the Northeast’s fastest-growing comprehensive physical and occupational therapy practices, has opened its newest facility in Chester. It's the organization’s eighth clinic location in Morris County.


Archer & Greiner announced that Anthony Talarico has been certified by the Supreme Court of New Jersey as a Criminal Trial Attorney. The prestigious designation is held by fewer than 2% of licensed attorneys in the state, marking Talarico as a top-tier specialist in the field of criminal litigation.


As New York and New Jersey prepare for the FIFA World Cup, New Jersey Institute of Technology has expanded its 'fan sentiment platform' into a digital guide to help visitors navigate the tournament experience. The site includes information on events, transit information, dining options, watch parties and other World Cup-related activities. The platform also tracks fan reactions and conversations surrounding the tournament. MetLife Stadium will host eight matches, including the final.


Goya Presents Flag Cities, in partnership with Hackensack Meridian Health, has received a $1.3 million grant from Choose New Jersey to expand its FIFA World Cup fan festival series. New events will be held in Bayonne on June 28 and at Hinchliffe Stadium on July 3, bringing the series to seven cities. Village People and Soulja Boy are scheduled to headline events in Jersey City and Newark, respectively.


Merck & Co. on May 5 said it completed its $6.7 billion acquisition of Terns Pharmaceuticals Inc., a Foster City, Calif.-based drugmaker. The deal adds TERN-701, a promising leukemia treatment, to the pharmaceutical giant’s pipeline, strengthening its oncology portfolio as it looks to expand its range of targeted cancer therapies.


Bristol Myers Squibb has entered a partnership with Chinese drugmaker Hengrui Pharma, worth up to $15.2 billion, to develop treatments in oncology, hematology and immunology. Bristol Myers will pay $600 million upfront to advance 13 early-stage programs spanning both companies’ pipelines. Under the agreement, Bristol Myers gains worldwide rights to Hengrui-developed assets outside mainland China, Hong Kong and Macau, while Hengrui receives exclusive rights to certain Bristol Myers programs in those markets.


Moody’s Ratings and S&P Global Ratings affirmed strong credit ratings for Kean University, citing financial stability, enrollment growth and strategic leadership as the school prepares to finalize its merger with New Jersey City University.


New Jersey American Water announced that 21 volunteer fire and EMS departments across its service areas will share about $50,000 in grant funding. The utility's annual awards are intended to improve firefighter safety, strengthen emergency response capabilities and help local departments purchase lifesaving equipment.


South Jersey Industries (SJI) announced that its employees successfully raised $34,000 to support the Southern New Jersey Chapter of the American Heart Association.


MikeWorldWide has hired former Weber Shandwick executive Dave Aglar to serve in the newly created role of chief integrated media & innovation officer.


Bayer joined forces with country music superstar Luke Bryan to launch their 2026 campaign aimed at fighting food insecurity. Bayer has pledged to donate 1 million meals through Feeding America to support rural communities across the U.S.


Wyndham Rewards and Applebee’s have launched a partnership offering free delivery to hotels for Wyndham Rewards members who place Applebee’s To Go orders of $15 or more through the Wyndham mobile app. More than 1,100 Applebee’s locations are within five miles of a Wyndham hotel.


Afternoon traffic is becoming a bigger growth engine for Starbucks, the company said, as it pushes deeper into a key part of CEO Brian Niccol’s turnaround strategy. The coffee giant is seeing more customers visit U.S. stores after 2 p.m., with the strongest growth window coming between 3 p.m. and 5 p.m., according to data shared with CNBC.


Amazon is rolling out "ultra-fast" deliveries to get packages to consumers in 30 minutes or less in dozens of cities across the U.S., the company announced, marking its most aggressive push yet into quick commerce. Amazon said in a blog post it’s expanding the service to Austin, Texas, Denver, Minneapolis and Phoenix – and more parts of Seattle, Philadelphia, Dallas and Atlanta. The company started piloting the service, called Amazon Now, in some American cities in December.