Latest Jersey City News

COVID-19 government disaster loans saved businesses, but saddled survivors with debt

Sep. 06, 2024 14:40 PM EDT

NEW YORK (AP) — In 2020 and 2021, COVID-19 Economic Injury Disaster Loans were a lifeline for small businesses. But now some small businesses are having trouble paying them off. And a Small Business Credit Survey report from the 12 Federal Reserve banks shows that small businesses...

Scynexis: Q2 Earnings Snapshot

Aug. 08, 2024 17:45 PM EDT

JERSEY CITY, N.J. (AP) — JERSEY CITY, N.J. (AP) — Scynexis Inc. (SCYX) on Thursday reported a loss of $14.5 million in its second quarter. The Jersey City, New Jersey-based company said it had a loss of 30 cents per share. The pharmaceutical company posted revenue...

Organon: Q2 Earnings Snapshot

Aug. 06, 2024 07:54 AM EDT

JERSEY CITY, N.J. (AP) — JERSEY CITY, N.J. (AP) — Organon & Co. (OGN) on Tuesday reported second-quarter profit of $195 million. The Jersey City, New Jersey-based company said it had profit of 75 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.12...

Verisk: Q2 Earnings Snapshot

Jul. 31, 2024 07:29 AM EDT

JERSEY CITY, N.J. (AP) — JERSEY CITY, N.J. (AP) — Verisk Analytics Inc. (VRSK) on Wednesday reported second-quarter earnings of $308.1 million. On a per-share basis, the Jersey City, New Jersey-based company said it had profit of $2.15. Earnings, adjusted for one-time gains and...

Today in History: July 30, Jenner takes gold in Montreal

Jul. 30, 2024 00:19 AM EDT

Today is Tuesday, July 30, the 212th day of 2024. There are 154 days left in the year. Today in history: On July 30, 1976, Bruce Jenner, now known as Caitlyn Jenner, set a world record of 8,618 points and won the gold medal in the Olympic decathlon at the Montreal...

Provident Financial: Q2 Earnings Snapshot

Jul. 25, 2024 17:51 PM EDT

JERSEY CITY, N.J. (AP) — JERSEY CITY, N.J. (AP) — Provident Financial Services Inc. (PFS) on Thursday reported a loss of $11.5 million in its second quarter. On a per-share basis, the Jersey City, New Jersey-based company said it had a loss of 11 cents. Earnings, adjusted for...

Veris: Q2 Earnings Snapshot

Jul. 24, 2024 16:56 PM EDT

JERSEY CITY, N.J. (AP) — JERSEY CITY, N.J. (AP) — Veris Residential, Inc. (VRE) on Wednesday reported a key measure of profitability in its second quarter. The results exceeded Wall Street expectations. The Jersey City, New Jersey-based real estate investment trust said it had...

Bel Fuse: Q2 Earnings Snapshot

Jul. 24, 2024 16:36 PM EDT

JERSEY CITY, N.J. (AP) — JERSEY CITY, N.J. (AP) — Bel Fuse Inc. (BELFA) on Wednesday reported second-quarter earnings of $18.8 million. The Jersey City, New Jersey-based company said it had profit of $1.43 per share. Earnings, adjusted for restructuring costs, were $1.46 per...

AP Decision Notes: What to expect in New Jersey's special congressional primary

Jul. 12, 2024 07:06 AM EDT

WASHINGTON (AP) — Democrats running to replace the late U.S. Rep. Donald Payne Jr. will go before voters Tuesday in a crowded and contentious special congressional primary where three candidates survived legal challenges to have them removed from the ballot. The winner will...

Money issues may sink proposed New Jersey branch of acclaimed Paris museum. Mayor blames politics

Jul. 03, 2024 16:41 PM EDT

JERSEY CITY, N.J. (AP) — New Jersey officials say financial concerns spurred state lawmakers to rescind $24 million in funding for a planned outpost of Paris’ acclaimed Pompidou Center in Jersey City. But the city's mayor said he believes his deteriorating relationship with Gov. Phil Murphy led...