Jersey City Councilman Steven Fulop, who quit Sanford C. Bernstein & Co.’s trading desk to run for mayor, ousted incumbent Jerramiah Healy in an election that drew attention to an FBI investigation and a drunken nude photo.
Kobe Bryant, the All-Star basketball guard, must undergo mediation before a possible June 17 trial to resolve a dispute over whether a New Jersey auctioneer can sell his memorabilia on behalf of his mother.
California would borrow $500 million in carbon allowance auction proceeds, required by law to be spent on emissions-cutting efforts, to cover general expenses under Governor Jerry Brown’s latest budget.
New Jersey’s average residential property-tax bill climbed 1.6 percent to a record $7,885 last year as most towns abided by Governor Chris Christie’s 2 percent cap on the levies, according to state data released today.
Jules Kroll, a former private investigator who started a bond-rating company after the financial crisis, said the largest credit-rating firms are again putting profits ahead of accuracy amid record demand for corporate debt.
Verizon Wireless, the mobile-phone joint venture of Verizon Communications Inc. and Vodafone Group Plc, plans to pay a $7 billion dividend to its co-owners, defusing a source of tension between the two companies.
Ranbaxy Laboratories Ltd. may resume exports of drugs from two plants in India after resolving U.S. criminal charges that it sold adulterated medication, said analysts including Ranjit Kapadia at Centrum Broking Pvt.
After the biggest Atlantic storm on record struck the New Jersey shore last October, Seaside Heights Mayor William Akers was asked repeatedly if the town would rebuild in time to welcome summer tourists. “Oh, no problem,” he’d reply.