- 2021-03-10
- NJ Advance Media for NJ.com
New Jersey should earmark at least $500 million of the state’s federal windfall to lessen the pain of struggling businesses and energize the state’s economic recovery, the state chamber of commerce urged lawmakers Wednesday.
Congress on Wednesday passed President Joe Biden’s $1.9 trillion stimulus package, which includes $350 billion to state and local governments. With an estimated $6.3 billion in federal aid likely headed to New Jersey’s state coffers and billions of dollars in unspent borrowing in Gov. Phil Murphy’s proposed budget, there’s no shortage of ideas for spending the bounty.
- 2021-02-28
- NBC News
The first shots of Johnson & Johnson's coronavirus vaccine could be administered as early as Tuesday, senior Biden administration officials said Sunday.
The drugmaker, which got sign off over the weekend for emergency use of its vaccine from both the Food and Drug Administration and the Centers for Disease Control and Prevention, is expected to deliver 4 million shots this week.
- 2021-02-23
- NJ Spotlight News
Murphy signs legislation to legalize marijuana for adults in NJ. Questions linger as to how that will work
What was originally considered to be a slam-dunk quickly bogged down into three tortuous years of fits and starts. Some chalked up that delay to Trenton’s version of the democratic process, while others called it a baffling case study in excessive political gaucherie.
- 2021-02-10
- ROI-NJ
Paycheck Protection Program loans will be tax exempt at the state level — and recipients will be allowed to deduct business expenses that were paid with the tax-exempt loan proceeds, thereby enhancing the tax benefits of the loans, Gov. Phil Murphy and state Treasurer Elizabeth Maher Muoio said Tuesday afternoon.
- 2021-02-04
- NJ Advance Media for NJ.com
Gov. Phil Murphy’s public schedule for Friday lists that he will sign “outdoor dining expansion legislation.”
While the governor’s advisory doesn’t list the specific bill, an office spokesperson confirmed it is the outdoor dining expansion bill that both houses of the state Legislature passed last month following Murphy’s veto of a similar bill.
- 2021-02-03
- NJ Advance Media for NJ.com
For the first time in months, New Jersey foodies will soon be able to dine out past 10 p.m.
Gov. Phil Murphy announced Wednesday morning an executive order that relaxed dining restrictions and lifted the 10 p.m. indoor dining ban that has been in place since November.
- 2021-01-27
- ROI-NJ
Average loan amount for Garden State firms is just over $106K
A total of 8,599 loans for a combined $916,748,129 have gone to New Jersey companies during the second round of the Paycheck Protection Program, the Small Business Administration reported Wednesday afternoon.
- 2021-01-20
- NJ Spotlight News
COVID-19, taxes, climate: The president-elect has signaled he is in a hurry to make big changes on these and other issues
When he becomes president Wednesday, Joseph Biden is expected to make immediate changes in policy areas upended by President Trump — first through executive orders, then through an aggressive push with a Congress controlled by Democrats.
- 2021-01-11
The SBA reopened its web portal for business loans under the Paycheck Protection Program. It has loan details and guidance. The SBA says it will forgive loans if the borrower meets employee retention criteria and uses funds for eligible expenses. Consult with your local lender as to whether it is participating in the program.
- 2021-01-05
- Yahoo Finance
Yahoo Finance’s Zack Guzman and Akiko Fujita discuss New Jersey’s minimum wage increase with Tom Bracken, New Jersey Chamber of Commerce President & CEO.