James Simpson News
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New Jersey Governor Chris Christie, who pledged to reduce state bonding, hasn’t been able to keep a vow to curb borrowing for roads and bridges. Investors in the $3.7 trillion municipal market welcome the extra debt.
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New Jersey Democrats allowed a $1.4 billion transportation bond issue to proceed after their delay in approving the deal led Governor Chris Christie to halt road and transit construction across the most densely populated U.S. state.
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Dewey & LeBoeuf LLP sent a notice to employees May 4 warning it eventually may have to close if it can’t work out its financial difficulties, a person familiar with the matter said.
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New Jersey’s toll-road agency approved contract concessions from unions representing fare collectors to avert Governor Chris Christie ’s proposal to turn over the jobs to a private company.
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New Jersey, the most densely populated U.S. state, plans to take bids in December for private operators to take over highway-toll collection, state Transportation Commissioner James Simpson said.
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New Jersey Governor Chris Christie wants to shut the last two rest-stop bathrooms on non-toll roads in the most densely populated U.S. state after this year to save $270,000.
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New Jersey’s Pulaski Skyway, a major route to the Holland Tunnel and Manhattan, will be closed to New York-bound traffic for two years starting in 2014.
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New Jersey Department of Transportation Commissioner James Simpson said he is halting all state-funded transportation construction projects effective Oct 4. Simpson said he was taking the action because the state Legislature did not approve a bond sale to fund previously authorized work.
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Royal Bank of Scotland Group Plc’s interest-rate traders were seated with one of the main rate setters in its London office to share information, and discussed rates on conference calls, a fired trader said.
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The Port Authority of New York and New Jersey, operator of the New York City area’s three major airports, approved spending $3 million to study a possible takeover of Atlantic City’s terminal.
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