State New Jersey Financial News

07.11 / 03:57

Provident CEO JPMorgan Strategy Fallout pandemic SoftBank's WeWork, once most valuable U.S. startup, succumbs to bankruptcy

(Reuters) — WeWork, the SoftBank (TYO:9984) Group-backed startup whose meteoric rise and fall reshaped the office sector globally, sought U.S. bankruptcy protection on Monday, after its bets on companies using more of its office-sharing space soured.

06.11 / 18:11

Citi Twitter Action Southern stage Orsted wants out of $300M forfeiture for scrapped New Jersey offshore wind farms

Offshore wind power company Orsted is trying to get out of a $300 million guarantee it agreed to pay New Jersey in the event it failed to build its first wind farm off the state’s coast

06.11 / 16:37

Provident Fighting Airlines President Persona reports Trump's decades of testimony provide some clues about how he'll fight for his real estate empire

Donald Trump has testified in court as a football owner, casino builder and airline buyer

06.11 / 14:53

Provident Reuters reports Trading in WeWork shares halted amid reports of possible bankruptcy filing

Investing.com -- Trading in shares of WeWork Inc (NYSE:WE) was temporarily halted on Monday, according to an announcement from the New York Stock Exchange.

06.11 / 12:57

CEO Strategy Parke President exclusive reports park Park Avenue Capital announces new president, COO

Park Avenue Capital announced a new president and chief operating officer Monday morning.

05.11 / 16:43

Provident Action consequences reports Department Trial of Alleged Mango Markets Exploiter Avraham Eisenberg Postponed – Here’s the Latest

The trial of Avraham Eisenberg, the individual accused of exploiting Mango Markets, has been delayed per request by his lawyers.

04.11 / 02:11

awards pandemic President reports Department shock Biden administration awards $653 million in grants for 41 projects to upgrade ports

The projects will allow ports to meet greater shipping demands.

03.11 / 21:09

Ethereum Monero Crypto money laundering Crypto Crime Darknet Drug Operations Hit as Feds Move to Seize $54 Million in Crypto Crime Bust

The U.S. Department of Justice announced on Thursday the seizure of 30,000 Ether (ETH), valued at over $54 million, that had allegedly been used for illegal narcotics distribution in New Jersey. The assets were traced back to Christopher Castelluzzo, who was involved in narcotics operations on darknet markets from 2013 to 2015.

03.11 / 07:09

Ethereum Bitcoin U.S. Authorities Seize $54 Million Worth of Crypto from a Drug Ring Leader

The U.S. Attorney’s Office is aiming to recover $54 million of crypto in Ethereum from Christopher Castelluzzo, a convicted drug distributor.

02.11 / 20:38

Bill MetLife show concert reports New Jersey governor spent $12K on stadium events, including a Taylor Swift concert

Politico reports New Jersey Gov. Phil Murphy tapped into a taxpayer-financed expense account for nearly $12,000 at MetLife Stadium, including almost $1,000 for a Taylor Swift concert in 2018

02.11 / 08:15

FIVE Reuters Google Software Qualcomm reports prevention US lawmakers open US lawmakers press Biden for plans on Chinese use of open chip technology

By Stephen Nellis

01.11 / 17:19

Citi Extreme CEO economy Southern stage Wind industry deals with blowback from Orsted scrapping 2 wind power projects in New Jersey

Wind energy developer Orsted is writing off $4 billion, due largely to the cancellation of two large offshore wind projects in New Jersey whose financial challenges mirror those facing the nascent industry

01.11 / 07:55

Citi Progressive CEO Parke Southern President Orsted scraps 2 offshore wind power projects in New Jersey, citing supply chain issues

Danish energy developer Orsted is scrapping two large offshore wind power projects off the coast of New Jersey, adding uncertainty to a nascent industry the Biden administration is counting on to help transition away from the burning of planet-warming ...

01.11 / 07:31

Provident Reuters Digital CEO WSJ reports Department week WeWork plans to file for bankruptcy as early as next week

Flexible workspace provider WeWork plans to file for bankruptcy as early as next week, a source familiar with the matter said on Tuesday, in a stunning reversal of fortune for a company that was once privately valued at $47 billion. Shares of the company fell 30% in extended trading after the Wall Street Journal first reported the news. They have fallen roughly 96% this year.

31.10 / 22:05

Provident CEO WSJ reports Department week WeWork plans to file for bankruptcy as early as next week - source

(Reuters) -WeWork plans to file for bankruptcy as early as next week, a source familiar with the matter said on Tuesday, as the SoftBank (TYO:9984) Group-backed company struggles with a massive debt pile and hefty losses.

31.10 / 09:41

FIVE TikTok show Gen Z workers earn lower salaries while working longer hours, says a viral TikToker

Brielle Asero never anticipated that her video discussing work-life balance would make such a viral impact. In an interview with Rolling Stone, she reveals the surprising backlash she encountered after sparking a conversation about the demanding work hours imposed by companies. Asero, a fresh college graduate, set off a fervent debate when she posted a heartfelt TikTok video lamenting her 9-to-5 job.

30.10 / 16:24

Digital country information testing Walmart to upgrade 1,400 stores with $9 billion investment

By Siddharth Cavale

26.10 / 05:22

Citi Provident Waters Landmark Fighting BAY Southern Former coal-fired power plant being razed to make way for offshore wind electricity connection

A giant smokestack that was part of the landscape for millions of tourists heading to beaches on the southern New Jersey shore is coming down Thursday morning

25.10 / 16:03

Provident Extreme Platform reports Mother-son team of advisors joins Equitable from Cetera

A mother-son pair of financial advisors that managed $175 million in client assets at Cetera Advisor Networks has joined Equitable Holdings Inc., the firm announced Wednesday.

25.10 / 04:39

COST Citi Waters BAY Hudson Department Born after Superstorm Sandy's destruction, 2 big flood control projects get underway in New Jersey

A decade after they were envisioned in the aftermath of Superstorm Sandy’s destruction, two of the largest flood control projects designed to protect densely populated cities in New Jersey just outside New York City are getting underway

20.10 / 03:45

CVS Rite Aid lays out plan to close 154 stores initially as it seeks bankruptcy protection

Rite Aid plans to close about 7% of its stores initially, as the drugstore chain makes its way through its Chapter 11 bankruptcy process

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