Dave Schatz covers Johnson & Johnson, and does a little economic, retail, consumer, e-commerce, and Consumer Financial Protection Bureau reporting. He also enjoys sports reporting.
Write to Dave Schatz at email@example.com
PROVIDENCE, RI- Johnson & Johnson, con sede en New Brunswick, planea contratar hasta 75 personas para un nuevo centro de tecnología de salud en Providence, Rhode Island.
La gigante farmacéutica planea inaugurar su nuevo centro del analítica y salud en la primavera de este año, y podrá beneficiarse de un acuerdo que proporciona el espacio temporal sin costo alguno a la compañía mientras se remodela el edificio en cuestión.
Traducido por Stephen Roca
NEW BRUNSWICK, NJ- El supermercado más nuevo de la ciudad ha cambiado su nombre una vez más.
Después de 17 meses como “Key Food Marketplace”, el supermercado de 50,000 pies cuadrados cambió el nombre de su marca a “Superfresh”.
NEW BRUNSWICK, NJ — El Servicio Público de Energía y Gas (PSEG) y el Centro Tyler Clementi de Rutgers University se han asociado para ofrecer incentivos a escuelas secundarias públicas interesadas en ofrecer una "iniciativa de empoderamiento juvenil" para jóvenes LGBTQ, según un comunicado de prensa.
Una donación de $10.000 de parte de la Fundación PSEG al relativamente nuevo centro en Rutgers financiará la iniciativa, dice el comunicado.
AVENEL, NJ- Amazon.com, la mayor empresa de comercio electrónico del mundo, está contratando a más de 5,000 trabajadores temporales en el Estado de New Jersey.
Se necesitan trabajadores en los centros de Avenel, Elizabeth, Logan Township, Moonachie, Robbinsville y Swedesboro, dijo un portavoz de Amazon.
NEW BRUNSWICK, NJ
-- Johnson & Johnson (J&J) ha hecho un serio movimiento para resolver miles de demandas presentadas por mujeres que afirman que sufrieron lesiones debido a inserciones de malla quirúrgica vaginal realizadas por su filial Ethicon, según un informe de Bloomberg.
EAST BRUNSWICK, NJ–J.C. Penney (JCP) said on February 24 that it expects to shutter up to 140 U.S. stores beginning in April, but won't release a list of closures until mid-March.
It’s not clear if the JCP in Brunswick Square Mall on Route 18 South will remain open beyond April.
Most of the stores on JCP's list of targeted store closures will close before July 1, according to a news release.
NORTH BRUNSWICK, NJ—A new QuickChek convenience store and fueling station located at How Lane and Jersey Avenue in North Brunswick represents the company’s 134th store in the Garden State.
The 5,496-square-foot store opened for business on February 21.
The fresh convenience market, as the new stores are sometimes called, will be open 24-hours a day and serve hot coffee, iced coffee, as well as fountain or dispensed "QuickFreeze" drinks for children to enjoy, all free, thru March 5, to help launch the store.
NEW BRUNSWICK, NJ—Hub City's Sears department store is likely not among the company's locations targeted for closure, because the real estate it sits on is owned by Sears and serves as collateral for the company's pension fund.
The struggling Sears Holdings Corporation said it improved overall business performance during the last four months of 2016, according to a February 10 news release.
TRENTON, NJ--Wawa Inc. argued in New Jersey federal court on February 10 that a former fuel associate was terminated for failing to record cash sales, not because he complained a superior told him to speak in English, according to a report from Law360.com.
Pennsylvania-based Wawa, which operates about 245 conveniences stores in the Garden State and sells fuel at more than 130 sites, also said its one-time employee's discrimination suit should be dismissed, according to the report.
TRENTON, NJ–Western Union should shape up and discipline its agents who don’t adhere to mandatory protocols preventing fraudulent money transfers, indicates a program that aims to stop scammers from ripping people off.
The Garden State recently joined a multi-state legal settlement stemming from complaints against Western Union for not preventing fraudulent money transfers, according to the NJ Attorney General's Office.
NEW BRUNSWICK, NJ–The Hub City's newest supermarket has changed its name once again.
After 17 months as "Key Food Marketplace," the 50,000 square-foot market is changing to a new brand name: "Superfresh."
Key Food Stores Co-Operative Inc. "intends to utilize the SuperFresh brand going forward for all Key Food stores in New Jersey,” according to Jennifer Bradshaw, the City of New Brunswick's public information officer.
PROVIDENCE, RI–Hub City-based Johnson & Johnson plans to hire as many as 75 people for a new health technology center in Providence, Rhode Island.
The pharma giant plans to launch its new analytics and health center by the spring of this year, and will be able to take advantage of a deal providing temporary space at no cost to the company while the building in question is remodeled.
Dozens of high-skilled information technology workers will develop software and analyze datasets, among other tasks, at the new office.
NEW BRUNSWICK, NJ–Single-cup coffee pods, refrigerated iced coffee, and pre-made, ready-to-drink coffee are giving grocery retail sales a “jolt,” according to a report from the trade magazine Supermarket News (SN).
A "pod" or "k-cup" is coffee, tea, or even hot chocolate, that is sealed inside filter paper. Pods are also known as coffee capsules, or pads, and are round soft and pliable, according to coffeewarehouse.com.
NORTH BRUNSWICK, NJ–DeVry University, a for-profit school with a location in North Brunswick and dozens of others in the US, has agreed to a $100 million settlement of a federal lawsuit over claims made in its advertising.
The suit alleged that the school misled prospective students with ads promising high employment success upon graduation, the Federal Trade Commission (FTC) announced on December 15.
WASHINGTON, DC—A recent shift in some key sectors of the economy "has led to millions [of] workers [only] working part-time hours" when they'd prefer to be working full-time, according to the Economic Policy Institute (EPI).
"Part-time workers face shortages of pay and work hours and deserve policy remedies for their problems," said EPI President Lawrence Mishel. "They are a sizable and growing share of the workforce [and] policymakers need to address their problems."
WASHINGTON, D.C.–Financial companies should watch how they motivate their employees and service providers to obtain sales or business goals, said the Consumer Financial Protection Bureau (CFPB) on November 28.
Programs that tie outcomes to certain benchmarks, says the Bureau, may lead to consumer harm and pose risks to consumers.
NEW BRUNSWICK, NJ—Public Service Electric and Gas (PSEG) and the Tyler Clementi Center at Rutgers University are partnering to provide incentives to public high schools interested in offering a lesbian, gay, bisexual, transgender and queer (LGBTQ) "youth empowerment initiative," according to a news release.
SALT LAKE CITY, UT–Grappling with a myriad of lawsuits over charges it opened customer accounts without proper customer consent, Wells Fargo & Company has requested that a U.S. court should force customers suing it to settle disputes privately via arbitrations, rather than in court.
NEW BRUNSWICK, NJ–Amazon.com Inc.’s vital holiday deliveries may be disrupted due to a pilot strike, according to a Wall Street journal report, which cites challenges with the company’s “in-house transportation network.”
On November 23, a “longstanding labor dispute” heated up as pilots “contracted to deliver Amazon packages began picketing,” says the report, noting that pilots employed by only one of Amazon’s two airline partners, Air Transport Services Group (ATSG) were picketing.
EAST BRUNSWICK, NJ—Golfsmith, which is now owned by Dick's Sporting Goods, is hosting closing sales at all four of its Garden State locations.
How much longer will the stores remain open?
While the store manager in East Brunswick said they were "hoping for the end of December," but weren't sure yet, a manager in Bridgewater said they didn't have a final date.
TAMPA, FL–In October, Johnson & Johnson (J&J) formally opened a new Global Services delivery center in Tampa, Florida, honoring its summer of 2015 initiative to establish a site in the state, according to a press release.
In the new, state-of-the-art, 88,500-square-foot building in Tampa’s Hidden River Corporate Park, about 250 J&J Global Services employees were on board for the mid-October launch.
However, by 2020, the company expects to employ 540 people at the Tampa site.
EAST BRUNSWICK, NJ—Dick's Sporting Goods is buying Golfsmith’s U.S. business for about $70 million, reports Reuters, citing unnamed sources.
Dick’s plans to keep as many as 30 Golfsmith stores in the U.S. open, though it’s not clear whether the sporting goods retailer will re-brand the shops, says the report.
NEW BRUNSWICK, NJ–Another jury in St. Louis awarded a different woman millions of dollars over claims that Johnson & Johnson’s (J&J’s) baby powder, which contains talc, caused her ovarian cancer.
The loss, J&J’s third in a row over an alleged injury from using the pharmaceutical giant’s simple talcum powder, this time, resulted in a $70 million award, reports Bloomberg.
WOODBRIDGE, NJ—Apparel retailer Wet Seal will open a short-term outlet in Woodbridge Center Mall on November 3, according to a company news release.
New Jersey is just one of the nine U.S. states where Wet Seal will open a total of 13 pop-up locations for the gift-giving season, but only at General Growth Properties malls, which, as we reported, are hoping to combat high vacancy rates.
WASHINGTON, DC--On October 11, the Federal Communications Commission (FCC), hit Comcast Corporation with a $2.3 million fine over their wrongful charges to cable TV customers for services and equipment they never authorized.
The fine, levied by the FCC's enforcement bureau, resolves a two-year investigation of the Philadelphia-based corporation, which was spurred by consumer complaints.
DEERFIELD, IL—Walgreens Boots Alliance, which operates 146 Walgreens stores in New Jersey, reported better than expected quarterly profit, although sales came up light.
The drugstore giant also extended its deadline to acquire Rite Aid, saying the $17 billion merger should close by January 27, 2017, rather than the end of this month, according to a news release.
If approved, the deal would yield the largest drugstore chain in the country.
AVENEL, NJ–Amazon.com, the largest e-commerce company in the world, is hiring more than 5,000 seasonal workers in the Garden State.
Workers are needed at centers in Avenel, Elizabeth, Logan Township, Moonachie, Robbinsville, and Swedesboro, said an Amazon spokesperson.
Amazon is creating 120,000 seasonal positions at its U.S. fulfillment centers, sortation centers and customer service sites for the holidays, according to a company news release.
NEW BRUNSWICK, NJ—The Hub City is now home to a large, 82-seat Popeyes Louisiana Kitchen, which opened on September 3.
District managers Dwayne Hayes and Robert Jackson who work for Parikh Network LLC, the owner of the new franchise, explained their main desire: serving the community.
NEW YORK, NY--The Pennsylvania-based cable giant Comcast Corporation says it hopes to launch a cellphone service by the middle of next year.
Comcast, which offers cable service in more than half the Garden State, is the top broadcasting and cable television company in the U.S., reporting $16.9 billion in revenue last year.
The mobile service would be offered as an add-on for existing customers, but only in the areas where Comcast provides cable.
NEW BRUNSWICK, NJ—Wells Fargo & Company's, chief executive, John Stumpf, spoke to U.S. Senators on September 20, saying that he takes "full responsibility" for the unethical activity at his company.
Wells Fargo, the third-largest bank in the U.S. as measured by its holdings, is caught up in an embarrassing scandal over its employees opening some 2 billion fictitious bank accounts or unauthorized credit cards.
WASHINGTON, DC–At the end of July, the Consumer Financial Protection Bureau (CFPB) said it wanted to hear from the public regarding payday loans.
When people are short cash, they turn to "payday" and similar loans to get by, said David Silberman, author of a Policy & Compliance blog on the CFPB’s website.
But Silberman says payday loans, which quickly produce cash, usually carry an average annual interest rate of more than 300% – plus additional fees – and sometimes become debt traps.
NEW BRUNSWICK, NJ–Hub City healthcare giant Johnson & Johnson (J&J) said on September 16 it will spend $4.33 billion in cash to acquire Abbott Medical Optics (AMO), based in Santa Ana, California.
J&J said the deal will help “strengthen global leadership in eye health adding cataract and refractive eye surgery to [our] vision care” holdings and consumer eye health units.
The investment will include eye care products in cataract surgery, laser refractive surgery and consumer eye health, said J&J.
NEW BRUNSWICK, NJ–On September 12, a U.S. Congresswoman formally recommended that the Department of Labor (DOL) investigate Denver-based Chipotle Mexican Grill Inc. for possible wage theft.
"Wage theft disproportionately affects low-wage, hourly workers," said U.S. Representative Rosa DeLauro, a Democrat from Connecticut, in a letter to the DOL.
The Labor Department, a federal agency based in Washington, DC, has not yet responded.
EDISON, NJ–An alliance led by General Growth Properties Inc. and another mall owner, Simon Property Group Inc., won an auction on August 30 for the assets of ailing teen apparel retailer Aeropostale Inc., saving it from bankruptcy liquidation.
The price is $243.3 million and the consortium will keep 229 of the 800 Aeropostale stores in the chain, or nearly 30%, open for business.
WOODBRIDGE, NJ--Sears hopes the small fashion boutiques it is building inside some existing stores will entice consumers to visit more often.
The launch of “Showcase at Sears,” a collection of European and Latin American apparel brands at two Garden State stores this fall, will not include the Hub City's Sears location on Route 1 South.
The new specialty shops are “initially launching” in just five area stores, according to Sears, including the ones at Woodbridge Center Mall and the Newport Centre Mall in Jersey City.
NEW BRUNSWICK, NJ--Walgreens has done something ahead of other retailers: integrate its loyalty program with Android Pay "mobile wallet" technology.
A mobile wallet is "a way to carry your credit card or debit card information in a digital form on your mobile device," according to Wells Fargo.
Consumers using Walgreens' "Balance Rewards" loyalty program can now apply their loyalty account at checkout while using Android Pay, the mobile wallet technology championed by Google.
TRENTON, NJ–A large mutual-fund group has filed a lawsuit against Valeant Pharmaceuticals International Inc., alleging the company took part in “a fraudulent scheme” that cost it billions of dollars.
The investment group, T. Rowe Price Inc., which was formerly one of Valeant’s biggest investors, but sold most of its shares in May, is claiming the company’s operating methods exposed it to “massive risks” costing shareholders dearly.
NORTH BRUNSWICK, NJ–DeVry University on August 24 appointed Steven Nelson as the new president of its North Brunswick campus.
With locations across the country, DeVry is one of the largest for-profit universities in North America, and it is a part of DeVry Education Group, a "global provider of educational services."
NEW BRUNSWICK, NJ--A charity fighting to curtail the rise of dangerous, drug-resistant bacteria in milk and meat products served at all McDonald’s restaurants, announced a crowdsourcing campaign on August 4.
The charity, UK-based ShareAction, has a vision: all corporate investments should be socially responsible.
It's launched an online movement making it easy for people to email McDonald's Corp. CEO Steve Easterbrook and urge him to stop the regular use of antibiotics in the company’s global livestock supply chains.
SOUTH BRUNSWICK, NJ--“It’s tough when it’s statewide, you know,” said a Motor Vehicle Commission (MVC) employee stationed at the reception area directly inside the main entrance at the location in Dayton.
It was July 26, not long after the agency's offices on Route 130 North opened at 8:00 a.m. for the day.
NEW BRUNSWICK, NJ–A 17-year-old from Tennessee who took Johnson & Johnson’s antipsychotic drug Risperdal suffered a severe enough injury to be awarded $70 million in compensatory damages by a Philadelphia jury on July 1.
NEW BRUNSWICK, NJ–Hungry? You may soon be able to dine at a new "Popeyes Louisiana Kitchen" franchise expected to open on George Street by the middle of July.
The new Popeyes, which will be the first in New Brunswick, is still being readied for opening by Parikh Network LLC, a family business with plenty of experience in multi-unit franchising.
NEW BRUNSWICK, NJ–Johnson & Johnson's "industry-first hybrid cloud" stores 2.8 times the amount of data that Google processes every day, according to one of the company's Executive Vice Presidents.
SOMERSET, NJ—Three years ago, Sally Lewis, purchased a pair of IKEA 6-drawer "MALM" dressers for a guest room in her home, but due to Ikea’s latest recall concerning a tip-over hazard, she says she’ll request a refund from the Netherlands-based company.
PISCATAWAY, NJ–A British sporting goods retailer, and Modell’s Sporting Goods, could, in collaboration, acquire about 200 Sports Authority stores, sources have told the Wall Street Journal.
While Going-out-of-business sales were held ahead of Sports Authority store closings in Piscataway, East Brunswick, and Manalapan, there are still a handful of locations still operating in the Garden State, including Union, West Long Branch, Secaucus, Hazlet, Flemington, Mount Laurel, Ramsey and two in Paramus.
MOUNTAIN VIEW, CA–We colloquially call them flying cars – personal, electric, autonomous aircraft, explained business journalist Brad Stone.
Along with colleague Ashley Vance, Stone wrote a recent Bloomberg Business Week cover story about Google co-founder Larry Page’s two secret “flying-car factories.”
NEW BRUNSWICK, NJ–Johnson & Johnson (J&J) said on June 1 the Ebola virus triage diagnostic test it developed with the Institute of Tropical Medicine in Belgium is now authorized by the U.S. Food and Drug Administration for emergency use.
The test detects the presence of the Ebola Zaire virus when patients exhibit signs and symptoms of the disease.
NORTH BRUNSWICK, NJ–A strike that took nearly 40,000 Verizon Communications Inc. employees out of work since April 13 has officially come to an end.
“I expect that [Verizon] workers will be back on the job next week,” said U.S. Secretary of Labor Thomas Perez, in a statement on May 27.
The strike reportedly affected the company's traditional landline phone business the most.
NEW BRUNSWICK, NJ–What would have been the fifth annual College Ave. Mile road race on Saturday, June 4, is officially cancelled, leaving unanswered questions and surprised runners.
In 2014 the event became an “all-divisions” USATF-NJ championship race and this year it was slated to garner 700 points in the New Balance Grand Prix scoring system for USATF-NJ members competing in the short, one-mile, “Open Championship,” road race.
CARTERET, NJ—New Jersey represents the second fastest growing market for prime “logistics rents” in the United States, according to real estate services company CBRE Group Inc.’s inaugural Global Prime Logistics Rents report.
Oakland, California, which took the number one spot, was one of the only six United States cities, ahead of New Jersey.
NEW BRUNSWICK, NJ–Johnson & Johnson (J&J) announced a collaboration on May 17 between Johnson & Johnson Services, Inc. and a subsidiary of Hewlett Packard Inc. (HP), focused on using 3D printing technologies to create better health care outcomes.
SKILLMAN, NJ–Johnson & Johnson Consumer Inc. (J&J) said on April 27 that it will acquire Princeton-based NeoStrata Company, Inc., a global leader in “Dermacosmetics” or products that join beauty and health.
“The acquisition will include NeoStrata’s affiliates and parent company TriStrata, Incorporated, a privately-held company," said J&J in a press release.
J&J has not disclosed financial terms of the deal or said how much it is paying for the cosmetics/dermatology company.
PISCATAWAY, NJ--Sky Blue FC, New Jersey’s National Women’s Soccer League (NWSL) team, lost its second home match of the season 2-1 against the Western New York Flash on Saturday evening, May 7, at Yurcak Field.
The Mother’s Day weekend match, a regional rivalry, represented the two clubs' first kick-off against one another this season. Sky Blue is now in 8th place (1-2-1, 4 points), in the 10-team NWSL.
NORTH BRUNSWICK, NJ--Aeropostale Inc. (Aero) filed for Chapter 11 bankruptcy protection on May 4 and announced the “prompt closure” of 113 U.S. stores, but the company has spared its Garden State stores for now.
Aero will shutter its Times Square location in Manhattan, as well as four other New York stores, and three in Pennsylvania. The retailer will also close all 41 of its stores in Canada.
PRINCETON, NJ--Investors Bancorp, Inc. and The Bank of Princeton, a private bank, May 3, announced a merger agreement; the Bank of Princeton will become Investors Bank.
The Bank of Princeton branch located in downtown New Brunswick on the ground floor of the One Spring Street highrise will become an "Investors Bank," which is owned by Investors Bancorp, Inc.
TRENTON, NJ–The Garden State recently became one of six states and territories with its own program for protecting the safety and health of state and local government workers.
The state plan, which covers more than 530,000 workers, took 16-years to finally become effective this year on January 22, after first being approved in 2001, according to a release from the Occupational Health and Safety Administration (OSHA).
PARSIPPANY, NJ–Two NJ-based entities were churning out deceptive, intimidating, and illegal collections lawsuits, but have been ordered to stop, according to action taken on April 25 by the Consumer Financial Protection Bureau (CFPB).
Law firm Pressler & Pressler, LLP, and debt buyer, New Century Financial Services, Inc., are now barred from their practices of deceiving and intimidating consumers, such as filing lawsuits without verifying the validity of debts in question.
NEW BRUNSWICK, NJ–In September, Johnson & Johnson agreed to pay $5 million to settle a Garden State pelvic mesh lawsuit with a woman who required multiple surgeries to remove the material from her body, according to a report from Bloomberg.
The woman, Pamela Wicker claimed that Ethicon’s Prolift mesh crumbled and decayed inside her causing sex to be painful, thus needing “multiple surgeries.”
Ethicon is the J&J subsidiary which manufactured the vaginal-mesh insert, a medical device used to treat incontinence.
NEW BRUNSWICK, NJ–An international trading corporation said on April 18 it had initiated a recall of "Nice! Peach Slices" and "Nice! Mixed Fruit," packed in 8-ounce glass jars, due to potential glass in the product.
“The affected products were distributed to Walgreens stores nationwide,” said Milky Way International Corp. in a Food and Drug Administraion news release.
NEW BRUNSWICK, NJ—Mother nature delivered perfect weather on Sunday, April 17, for the Rutgers Unite Half Marathon and 8K.
The two races are organized by CGI racing, a Garden State-based company, and race management division of Carson Group International, CGI's event management division.
“One of the largest half-marathons in New Jersey, the race will bring over 6,000 runners to the campus of Rutgers University,” boasted CGI in a news release about a week before race day.
NEW BRUNSWICK, NJ--As many as 39,000 Verizon landline and cable workers based on the East Coast abandoned their jobs on April 13, amid stalled negotiations concerning their contract, which expired nearly eight months ago.
The employees are members of two unions: The Communications Workers of America (CWA) and the International Brotherhood of Electrical Workers (IBEW).
The Verizon workers have gone on strike to "save good jobs and ensure quality service for customers," according to the CWA. About 5,000 are employed in the Garden State.
CHICAGO, IL–Fighting to stay relevant amid falling revenue and company losses, Sears has turned to a compnay that manages the fortune of billionaire Bill Gates for its latest round of financing.
The retail chain said, April 8, it entered into a 15 month $500 million “secured loan facility” secured by mortgages on 13 Sears and Kmart stores owned by the company’s subsidiaries.
FRANKLIN, NJ–The Smoothie King Franchise in Somerset at Franklin Commons Shopping Center was issued a “Warrant of Removal,” by Somerset County, Superior Court of N.J., and is shuttered, according to a docket displayed through the store window.
The landlord, Franklin Commons Retail, LLC, apparently took control of the store last month, possibly locking the doors on the franchise owner, Bill Leitner, of CJ Smoothies LLC, who operated the Smoothie King at 458 Elizabeth Avenue and Schoolhouse Road.
EDISON, NJ–The BJ’s Wholesale Club on Route 1 in Edison Woods Shopping Center said, on April 3, they were only open about five minutes when “a blackout,” occurred just after the usual opening time of 9:00 a.m.
Traffic on Route 1 South in Edison, not far from Old Post Road, became a mess due to high winds, which knocked down utility poles, affecting traffic signals in the area.
NEW BRUNSWICK, NJ–Alex Gorsky, CEO of Johnson & Johnson (J&J), is one of the largest insider shareholders in the Brunswick-based consumer and healthcare giant, according to U.S. Securities and Exchange Commission (SEC) filings.
“The insider owns 176,849 shares which have current market value of around $18,795,511,72 [as of March 11],” writes Tom Burr, on the website zergwatch.com.
NEW BRUNSWICK, NJ–Hub City Starbucks will donate its leftover, surplus, ready-to-eat meals to food banks instead of throwing it in the trash.
In fact, all the 154 company-operated Starbucks in the Garden State may do the same, according to a recent news release announcing “FoodShare,” a program intended to both stop wasting food, and offer meals to individuals and families in need of nourishing food.
SOMERSET, NJ–The Office Depot on Easton Avenue in Rutgers Plaza will close forever on May 15, the day before the date Staples Inc. has to terminate its $6.3 billion-acquisition of the company.
Asked why the store was closing, one employee said the retailer was closing several stores worldwide, adding: “unfortunately we are one of the unlucky ones.”
SAN DIEGO, CA–Bumble Bee Foods said on March 16 it is recalling 31,579 cases of canned tuna due to “process deviations” during sterilization that could be lethal if consumed.
The error could lead to life-threatening illness if consumed, says the company, noting that “contamination by spoilage organisms or pathogens” could result.
NEW BRUNSWICK, NJ–Stores, service businesses, and offices in the area of French Street and the surrounding area may qualify to receive grants of up to $20,000 to invest in "facade" improvements to the exterior of their buildings.
The program allows the city government to match the investment of individual businesses that want to improve their storefronts.
NEW BRUNSWICK, NJ--Consumer healthcare giant Johnson & Johnson (J&J), and its Ethicon subsidariy, are expected to acquire the medical device maker NeuWave Medical Inc., pending regulatory approval.
NeuWave, based in Madison, Wisconsin, has developed a proprietary system which uses microwave energy to remove abnormal soft tissue growth from the body.
Ethicon expects to complete the deal with NeuWave between April and June this year.
EAST BRUNSWICK, NJ–At one time Sports Authority was the world’s largest sporting goods retailer.
However, it filed for Chapter 11 bankruptcy on March 3 amid sky high debt and a myriad of other problems.
There are 21 Sports Authority locations in the Garden State, and the list of those closing has grown.
NEW BRUNSWICK, NJ–More New Brunswick residents who wanted to work were working at the end of last year than at any time since 2007, a statistic that the city government recently announced in a press release.
"New Brunswick’s dedication to urban renewal, ... [and] economic health have helped to drive its low unemployment numbers," reads the release.
"This has attracted investors and businesses willing to do business [in the Hub City] ... More than 3,500 new jobs have come to New Brunswick since June 2011."
NEW BRUNSWICK, NJ--A Dallas-based law firm apparently wants to get in on the opportunity to represent women harmed by Johnson & Johnson’s (J&J’s) talcum-based products.
EAST BRUNSWICK, NJ–Beleaguered Sports Authority Inc. (SA) will file for bankruptcy protection immediately or could find itself out of business completely in coming weeks if it fails to find a buyer for its business, according to reports.
But the company plans to close about 150 of the 450 stores it operates nationwide anyway, as part of a bankruptcy plan, reports Bloomberg, citing sources with knowledge of the matter.
Dicks Sporting Goods Inc. and Modell’s Sporting Goods could also purchase the company.
NEW BRUNSWICK, NJ–Johnson & Johnson (J&J) kept selling its original talc baby powder in the 1970’s, even after bringing its non-toxic cornstarch version to store shelves as a safer alternative.
But now, decades later, the powder that has been one of the company's most popular products has cost the Brunswick-based pharmaceutical giant $72 million, the result of a February 24 jury verdict in St. Louis, Missouri.
NEW BRUNSWICK, NJ–On February 10, a Philadelphia jury found that Johnson & Johnson (J&J) manufactured a defective TVT pelvic mesh device, and awarded a Toms River woman $13.5 million.
The award includes $10 million in punitive damages that J&J must pay.
The plaintiff, Sharon Carlino, now 58, had the TVT device implanted during a hysterectomy in 2005 at Jersey Shore University Medical Center, according to a report on Mesh Medical Device Newsdesk.
ST. LOUIS, MO–Did using Johnson & Johnson's Baby Powder and Shower to Shower talc daily for personal hygiene cause Jackie Fox's ovarian cancer?
That question is at the heart of a case playing out in Missouri right now.
Fox filed a lawsuit over claims the talcum powder J&J marketed to women gave many of them cancer, and the verdict may reportedly inform its legal team about whether to fight or settle some 1,200 similar lawsuits, including 130 filed in the company's home state: New Jersey.
WASHINGTON, DC–In March 2015, the Consumer Financial Protection Bureau (CFPB) said it would write the first rules for "payday loans" and introduced guidelines that are expected to be finalized by the end of April.
Payday loans are two-week cash advances, typically for amounts less than $500.
The announcement came amid concerns the short-term, high-rate debt, created by the loans, often puts low-income borrowers into a cycle of rising debt.
NEW BRUNSWICK, NJ—Johnson & Johnson (J&J) has made a serious move to settle thousands of lawsuits filed by women who assert they suffered injuries from vaginal mesh inserts made by its Ethicon subsidiary, according to a report from Bloomberg.
The settlement offer, said to be more than $120 million, would resolve between 2,000 to 3,000 law suits over the inserts, according to Bloomberg, which notes it is the “first big mesh settlement” for the Hub City-based medical-device manufacturer.
NEW BRUNSWICK, NJ–The downtown Key Food store is offering free delivery -- making as many as 210 deliveries a week for customers who spend at least $50 on a grocery order and live in the Hub City, Highland Park, or South Edison.
Free grocery delivery, on tickets of $50 or more, is a common practice in the Hub City, allowing residents to walk to the market but not have to carry their purchases home.
NEW BRUNSWICK, NJ–A major shareholder in Johnson & Johnson (J&J) has urged several activists to pressure the Hub-City-based consumer products giant to split up its three divisions into separate companies, according to a Reuters report.
J&J's three divisions include its consumer products subsidiary, pharmaceuticals subsidiary, and medical devices subsidiary.
Sources said the investor, Artisan Partners, hopes the split would unlock as much as $90 billion in enterprise value, according to the report.
NEW BRUNSWICK, NJ–Johnson & Johnson on January 19 said it plans to cut about 3,000 jobs from its medical devices business.
The Hub City-based health care giant estimates that 2.5% of its world-wide workforce of 127,000 people, or as much as 6% of its medical-device segment – 60,000 employees, will face “position eliminations.”
The move comes amid slowing medical-device sales, which reportedly fell 2.9% in the first nine months of last year.
BENTONVILLE, AR–Wal-Mart Stores Inc. plans to close 154 stores in the U.S. at the end of January, but none in the Garden State.
The retail giant said it will close all 102 of its smaller Walmart Express outlets, which were launched as part of a pilot program in 2011, and drop its vision to open more of these 12,000-15,000 square-foot stores.
The outlets offered customers the ability to get in and out quickly, like shopping at a convenience or dollar store. But there were never any Walmart Express stores in New Jersey.
SOUTH PLAINFIELD, NJ—The Macy’s on Hadley Road located in Middlesex Mall will close for good early this spring, according to a recent news release.
A final clearance sale will begin on January 11, and run for between eight to twelve weeks, says the retailer.
Department store chain Macy’s Inc. will close more than 5% of its US stores this spring and cut many jobs, following a 5.2 % decrease in same-store sales during the holiday shopping period.
NEW BRUNSWICK, NJ–Consumer giant Johnson & Johnson (J&J) and the parent company of Google have formed an independent surgical solutions company to produce innovative, yet cost-effective, robotic-assisted systems for surgery, J&J said on December 10.
Verb Surgical Inc., the name of the new company, is funded by investments from J&J’s Ethicon medical devices subsidiary, J&J Innovation - JJDC, Inc., and a research organization now called Verily – the new name Alphabet has chosen for its life sciences unit.
WESTFIELD, NJ–With 106 acres of land, Tamaques Park had no trouble on Friday accommodating 72 more finishers than last year for the 34th annual New Year’s Day “Hangover 5K Run.”
The USA Track & Field (USATF) “New Jersey Grand Prix Event,” grew by about 9% this year, its biggest ever, according to data provided by timing and scoring company, CompuScore.
NEW BRUNSWICK, NJ–Johnson & Johnson (J&J) recently contributed $5.86 million to the “Pharmaceutical Research and Manufacturers of America California Initiative Fund” to help head off lower drug prices, according to a California Secretary of State filing on October 2.
The "Late Contribution Report" document shows that J&J is the largest contributor, and one of three founding drug makers to commit funds in opposition of the “California Drug Pricing Relief Ballot Measure.”
EDISON, NJ–Pep Boys currently has 30 “Supercenters” and twelve “Service & Tire Centers” in the Garden State but recently agreed to be acquired for $863 million by tire maker Bridgestone.
Bridgestone operates several stores of its own in NJ, including: 43 Firestone “Complete Auto Care” shops and five Mr. Tire “Auto Parts Centers.”
But Bridgestone recently demonstrated that it wants even more retail stores throughout the U.S. and NJ.
NEW BRUNSWICK, NJ–In the spring of 2009, "secret shoppers" across the United States were discreetly buying up thousands of bottles of Motrin from the shelves of retail stores.
New Brunswick's own Johnson & Johnson had, through a private contractor, given them instructions to buyback defective Motrin pills from 5,000 U.S. stores, but not reveal there was an effort to recall the pills.
NEW BRUNSWICK, NJ—The 13th Annual Big Chill, a charity 5k run/walk hosted by Rutgers Recreation, continues to be one of the most popular events of its kind in the state.
The December 5 race had 9,600 runners registered in total, an 8% increase over last year's race, according to data from CompuScore, a race scoring and timing outfit.
The race is unique. There is no entry fee, but participants are asked to bring a new unwrapped toy to be given as holiday gifts to local children.
EDISON, NJ—A supermarket operator doing business as “99 Ranch Market” is slated to open in Edison as soon as next fall, after remodeling the recently-closed Pathmark on Route 1 into an Asian-American grocery store, according to a legal filing in the A&P bankruptcy reorganization case.
The California-based company, Tawa Inc., was declared the successful bidder at the A&P bankruptcy auction on October 2, agreeing to purchase the lease, which dates back to 1986, and its “related assets” for $3.7 million.
PISCATAWAY, NJ—Just minutes before starting off nearly 200 runners and 100 walkers ready for a 5K Turkey Trot/1-Mile Fun Walk on November 21, the race director told them the organization they were supporting had opened its Hub City soup kitchen a record 31 times last year as an overnight shelter for people in need.
Jim Zullo is the head of Elijah’s Promise, the city-based food justice organization that has operated in New Brunswick since 1989. One of many services they provide is shelter on nights when the temperature turns frigid or snow falls.
NEW BRUNSWICK, NJ–The Taco Bell on Somerset Street, along with all 6,000 U.S. restaurants in the quick-service chain, will serve only "cage-free" eggs by the end of 2016.
Taco Bell will make the switch from regular eggs, which are produced less humanely by caged hens, ahead of any other national chain that serves breakfast, according to a November 16 Taco Bell press release.
NEW BRUNSWICK, NJ–Rutgers Business School Executive Education announced the launch of a $4,995 certificate program slated to explore the impact of the "Internet of Things (IoT)" on the future of supply chain strategy in the business world.
The IoT is the concept of the Internet as a network with the potential to connect everyday objects and allow them to send and receive data.
A press release announcing the new program featured a video of a recently retired Johnson & Johnson (J&J) executive who will teach in the program.
NORTH BRUNSWICK, NJ–Walmart removed all "Made in USA" logos and claims from its website following a recent Federal Trade Commission (FTC) probe that had been sparked by a consumer watchdog group.
On October 20, the government said it had “decided not to pursue [the] investigation any further” and that Walmart took several steps to “prevent consumer deception.”
WASHINGTON, DC–The Consumer Financial Protection Bureau (CFPB) announced on October 27 that it has taken action against a nationwide student financial aid scam that allegedly ripped off tens of thousands of students.
According to a CFPB press release, the culprits illegally charged millions of dollars in fees for bogus financial services.
NEW BRUNSWICK, NJ—Two of the three largest drugstore chains in the country will soon join forces, if a $9.4 billion deal for Walgreens to buy Rite Aid is approved.
The Rite Aid store, located at 366 George Street, is just one of more than 4,600 locations in the nation's third largest U.S. drugstore chain.
If the deals moves forward, it will become part of the Walgreens chain, which has a location at 20 Jersey Avenue in New Brunswick. Walgreens is the number one U.S. drugstore chain with 8,200 stores.