VIEWS: 12 PAGES: 3 CATEGORY: Business & Economics POSTED ON: 6/18/2010
A federal grand jury in Newark last week charged three people with conducting "the single largest re- ported data breach in U.S. history ... in which more than 130 million credit and debit card numbers were stolen" from a New Jersey credit card processor and other big businesses, according to Acting U.S. Attorney Ralph J. Marra Jr.
Around the State Westwood hospital project on hold, not abandoned NJBIZ File Photo Republican gubernatorial candidate Chris Christie’s support last week for the reopening of Pascack Valley Hospital, in Westwood, had strange timing, considering that the project has been put on hold. The $130 million hospital’s co- promoter, Hackensack University Medical Center, had requested the state health department defer its application after the last public hearing on the project in June. Hackensack University Medical Center has teamed up with Legacy Partners, of Plano, Texas, to build the 128- bed for-profit hospital at the Pascack Valley Hospital site, but they have faced stiff opposition from other Bergen County hospitals claiming the area has an oversupply of beds. The Westwood hospital’s promoter has six months to formally reopen the application, or it will expire, said a health department spokeswoman. Hackensack University Medical Center has “not abandoned the project,” a spokes- woman said, but didn’t elaborate. Meanwhile, Robert C. Garrett, Hackensack University Medical Center’s acting president and chief executive of- ficer, welcomed Christie’s comments, saying, “Recognizing the importance of providing quality health care, creating The reopening of Pascack Valley Hospital would be a ‘win-win for everyone.’ jobs and stimulating the economy is a win-win for everyone.” - Shankar P. Merck wins suit, keeps oil company pleaded guilty to bilk- ing $400,000 from a state energy as- al market will take longer to bounce back, according to Colliers Houston Deals around the state Singulair close to chest sistance program, according to state & Co., a Teaneck-based commercial n Metuchen’s WineChateau.com said it opened its newest and larg- Attorney General Anne Milgram. real estate brokerage firm. est location, in Piscataway. The 10,000-square-foot store is located at Merck & Co., based in the White- In a related case, a local pro- “As a historically strong per- the Centennial Shopping Plaza, on Centennial Avenue. WineChateau house Station section of Reading- gram administrator was indicted, former, [North Jersey] will respond is an online and bricks-and-mortar seller of wine. It also operates a ton, last week won a patent lawsuit along with her three sisters, her quickly to any sort of ease in eco- store and warehouse in Metuchen and a store in South River. over its $4.3 billion asthma drug brother and her sister-in-law, on nomic distress,” said Michael G. Singulair against Israeli drug maker charges they stole $24,086 from the Markey, a senior vice president at n Randa Luggage, a Totowa-based maker and marketer of lug- Teva Pharmaceuticals, effectively New Jersey Home Energy Assistance, the company. gage, said it opened a new 250,000-square-foot distribution cen- blocking the latter’s bid to launch or HEA, program. North Jersey has derived its ter in Reno, Nev., as part of the company’s reinvestment following a generic version of the drug. Teva Woolwich resident Thomas J. strength from the density and wealth its emergence earlier this month from bankruptcy. Randa filed for said in a statement that it is review- Harris, 66, owner and sole propri- of the local population, and the fact Chapter 11 bankruptcy protection in May, citing falling consumer ing the court decision, while a Merck etor of Harris Fuel Oil, purchased that the ports of Elizabeth and New- spending and travel. spokesman said the company be- state assistance checks from indi- ark are projected to drive growth for lieves its U.S. patent for Singulair is viduals enrolled in HEA, Milgram the region in the long term. However, n Consumer products maker Unilever, in Englewood Cliffs, said it protected until it expires in 2012. announced last week. partly because of the current decline entered into a licensing agreement to create a new product line of The ruling doesn’t apply to He pleaded guilty to money in global trade, vacancy rates in the frozen Asian entrees with a cuisine developed with a popular restau- others, including Mylan Pharma- laundering and other charges, Mil- market rose to 7.4 percent at the end rant chain, P.F. Chang’s China B
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