NEW JERSEY

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Update 2: Mayors, rabbis arrested in NJ corruption probe

Dozens of New Jersey politicians, officials and prominent rabbis were arrested on Thursday in a sweeping federal probe that uncovered political corruption, human organ sales and money laundering from New York to Israel, officials said.

Mayors, rabbis arrested in NJ corruption probe

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Three New Jersey mayors and several rabbis were arrested on Thursday in a sweeping federal investigation into political corruption that also uncovered human kidney sales and money laundering from Brooklyn to Israel, authorities said.

Wall St set for slight rise on upbeat earnings

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Stocks were set to open slightly higher on Thursday as quarterly results, including a brighter outlook and a forecast-beating profit from 3M Co , gave investors confidence, ahead of key housing market data, that the earnings season will remain strong.
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Futures up on earnings; jobs, housing data on tap

Stock index futures rose on Thursday as quarterly results, including a brighter outlook from 3M Co, gave investors confidence that the earnings season will remain strong ahead of key jobs and housing market data.
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Exelon watches NRG vote amid acquisition attempt

Exelon Corp's ambitious acquisition attempt to form the largest power generation firm in the U.S. may get a boost on Tuesday after a crucial vote at the annual shareholders meeting for NRG Energy, Inc in New Jersey.
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Small business seeks help in U.S. economic storm

U.S. small businesses say they feel slighted by the Obama administration and efforts to shore up the economy, with large companies taking much of the government's attention and stimulus cash.
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Earnings to decide stocks' fate

Earnings are set to take center stage again this week as more marquee U.S. companies line up to report their quarterly scorecards and investors decide whether to keep pushing stocks higher.
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Obama has tough-love message for African-Americans

President Barack Obama had a tough-love message for fellow African-Americans on Thursday, urging black parents to push their children to think beyond dreams of being sports stars or rap music performers.
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N.J. drivers support texting ban but still do it

Although most people in New Jersey support a law forbidding texting while driving and think it should be more strictly enforced, one in five said they have sent a text while behind the wheel, according to a new study.
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Key U.S. factory index slips, jobless claims tumble

The number of Americans filing for jobless benefits fell to the lowest level since January last week, a decline linked to upheaval in the auto industry, while a key regional manufacturing index slipped more than expected in July, reports showed on Thursday.
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Stock futures slip ahead of key weekly jobs data

Stock index futures slipped on Thursday as a jump in quarterly profit at JPMorgan Chase & Co was overshadowed by investor angst about the future of lender CIT Group Inc and caution ahead of a key report on the labor market.
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Stock futures flat as CIT angst offsets JPMorgan

Stock futures were little changed on Thursday as a jump in quarterly profit at JPMorgan Chase & Co was overshadowed by investor angst about the future of lender CIT Group Inc and caution ahead of a key report on the labor market.
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CVTech to buy US-based Riggs Distler for $37m

CVTech Group Inc, a Canadian electrical services provider, said it agreed to acquire Riggs Distler & Co Inc, a maintenance and construction services provider, for about $37.1 million in cash and stock, to boost its North American industrial and utility markets.
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J&J profit falls but beats forecasts

Johnson & Johnson posted a 5 percent drop in second-quarter earnings on Tuesday, but profit and revenue beat analysts' forecasts thanks to surprisingly resilient pharmaceutical and consumer product sales.
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J&J profit falls but trumps forecasts

Johnson & Johnson posted a 5 percent drop in second-quarter earnings, but profit and revenue beat analyst forecasts helped by surprisingly resilient pharmaceutical and consumer product sales.
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DOE deploys more funds for energy efficiency, weatherization

The U.S. Energy Department announced on Friday it will provide more than $448 million in Recovery Act funding to expand weatherization programs in thirteen states, and more than $141 million to support energy efficiency and renewable energy projects in six states.
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U.S. consumers' moods sour in early July: survey

U.S. consumer sentiment wilted in early July to the weakest since March, when confidence in the financial sector and economy were at a low ebb, the Reuters/University of Michigan Surveys of Consumers showed on Friday.
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U.S. consumers' mood sours in early July: survey

U.S. consumer sentiment wilted in early July to the weakest since March, when confidence in the financial sector and economy were at a low ebb, the Reuters/University of Michigan Surveys of Consumers showed on Friday.
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U.S. consumer sentiment sours in early July

U.S. consumer sentiment wilted in early July to the weakest since March, when confidence in the financial sector and economy were at a low ebb, the Reuters/University of Michigan Surveys of Consumers showed on Friday.
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U.S. consumers' moods sour in early July

U.S. consumer sentiment wilted in early July to the weakest since March, when confidence in the financial sector and economy were at a low ebb, the Reuters/University of Michigan Surveys of Consumers showed on Friday.

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