Gov. Chris Christie is once again scheduled to give a Washington D.C. keynote address when the New Jersey Chamber of Commerce takes its annual “Walk to Washington” in February.
Comcast Newsmakers' Jill Horner speaks with Tom Bracken, President/CEO from the NJ State Chamber of Commerce, about New Jersey's Transportation Trust Fund.
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."
Each day, millions of New Jerseyans travel the state’s rundown roads and drive across its crumbling bridges and trestles. They sit in traffic because streets are closed, are late for work because buses break down and spend hours stuck in terminals because there are not enough mass transit options. On June 30, 2015, less than a year from now, the state’s Transportation Trust Fund (TTF) will officially run out of money to fix any of these problems. Without identifying a solution to the crisis, we are putting our safety and livelihoods at risk.
State political leaders sat opposite business leaders this morning over breakfast to discuss some of the state economy's most pressing issues. Number one, according to the Chamber's president — a lack of funding for the Transportation Trust Fund. The fund pays to maintain our roads and bridges, and it's running out of gas.
Speaking Tuesday morning in Monroe at a breakfast event held by the New Jersey Chamber of Commerce, NJ Transit Executive Director Veronique “Ronnie” Hakim said $1.27 billion in federal Superstorm Sandy recovery funding awarded to the agency earlier this month will be put to good use.
Through several slated projects, the money will be used to harden signals, strengthen infrastructure along the heavily used Northeast Corridor and prepare the agency for the next big storm.
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.
NJ Forward includes gas tax increase as one funding option, urges merger of transportation agencies and more public-private partnerships
With New Jersey’s Transportation Trust Fund running on empty after years of overborrowing, a blue-ribbon coalition has banded together to push for a stable source of funding for transportation projects, consolidation of the state’s five transportation agencies and authorities, and increased reliance on public-private partnerships to finance major initiatives.
(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.