Longtime friends Tom Bracken and John Harmon conducted a Zoom call Monday morning to discuss how the New Jersey Chamber of Commerce and the African American Chamber of Commerce of New Jersey are partnering on an initiative in 2021 that will serve as a rallying cry to end economic inequities in New Jersey.
'We will challenge businesses in every corner of the state to do their part to change the status quo.'
—Tom Bracken, President & CEO, New Jersey Chamber of Commerce
The New Jersey Chamber of Commerce announced today that its Walk to Washington and Congressional Dinner, an annual business event that dates back to 1937, will not be held in 2021 due to the COVID-19 pandemic.
Tom Bracken said the obvious about the Joe Biden-Kamala Harris ticket winning the 2020 presidential election: “More than anything, I think it just calms things down a little bit. And that’s not a bad thing.”
EDA launches PPE Access Program connected to designated vendors to ensure equipment is available — and at a reduced cost
Albert Einstein famously said, “insanity is doing the same thing over and over again and expecting different results.” While that would certainly be the case in physics, the same can be said as policymakers consider a financial transaction tax (FTT) that would harm Mr. and Mrs. 401K.
New Jersey will aim to have 70% of its adult population vaccinated within a six-month period once a COVID-19 vaccine is approved and available, state officials announced Monday.
To reach that lofty goal, about 81,000 of the Garden State’s nine million residents would have to be vaccinated each day for five days a week, state Health Commissioner Judith Persichilli said during a virtual coronavirus briefing in which officials laid out the first draft of New Jersey’s vaccination plan.
Every four years, the N.J. Chamber of Commerce hosts a forum that previews the presidential election. This year, we presented a panel of news reporters, some of whom have covered politics for decades, to discuss the issues and the consequences of the 2020 elections – and the impact they will have on New Jersey.
Last week, Gov. Phil Murphy announced to a room full of New Jersey’s political elite that he was releasing $112 million in CARES Act funding.
The governor said a significant portion of these grants would be targeted to help small businesses survive the ongoing COVID-19-related slowdown of the state’s economy.
The New Jersey Chamber of Commerce opposes legislation (S-2902/A-4402) which would impose a new tax on financial transactions, such as electronic stock trades, that flow through major data centers in New Jersey.
Simply put, the tax could backfire on New Jersey. The mere discussion of this tax has caused several stock exchanges to begin exploring moving their data centers out of New Jersey – to states that don’t impose such a tax. Last month, the New York Stock Exchange, which has a data center in Mahwah, N.J., said it ran one of its exchanges from a back-up data center in Chicago to demonstrate its readiness to move out of New Jersey. Two other exchange operators, Nasdaq Inc. and Cboe Global Markets Inc., also indicated that they would leave New Jersey over the tax. If New Jersey loses data centers, the state would actually be looking at less revenue and less jobs.
The rules and regulations for applying for forgiveness of Paycheck Protection Program loans continue to befuddle small business owners in New Jersey — and the banks that processed them.
Late Friday, the U.S. Small Business Administration released what it is calling a simpler application process for those who got loans of less than $50,000.