Source: NJBIZ
The basics:
Hackensack-based Paperclip appoints Alexander CEO
Amy Jeffryes joins company as first chief product officer
William Weiss remains CFO, board chairman
Company focused on AI-ready secure data solutions
Hackensack-based Paperclip Inc. recently welcomed new leadership.
Ron Alexander is taking the reins as chief executive officer, while Amy Jeffryes joins the company as chief product officer.
Alexander succeeds William Weiss, co-founder and former CEO. [...]

Wed, May 13, 2026 2:51:00 AM, Continue reading at the source
Source: NJBIZ
The basics:
DHS agrees to pause construction tied to Roxbury ICE detention facility
Environmental assessment will be completed before work resumes
New Jersey, Roxbury Township filed suit in March
Proposed site could house more than 2,000 detainees and staff
The U.S. Department of Homeland Security agreed to temporarily halt construction and conversion work tied to [...]

Wed, May 13, 2026 2:33:00 AM, Continue reading at the source
Source: NJBIZ
A South Plainfield woman became the first-ever New Jersey winner of the Mega Jackpot on Hard Rock Bet. The lucky resident took home $1.94 million from the platform’s proprietary progressive jackpot system.
The winning spin occurred at 5:27 p.m. May 11. The woman, identified as Deborah S., was playing “Bag the [...]

Wed, May 13, 2026 2:16:00 AM, Continue reading at the source
Source: NJBIZ
Ahead of NJ Transit train tickets going on sale at midnight May 13 for 2026 FIFA World Cup matches at MetLife Stadium, the state again adjusted fares and expanded sponsorship support. The move is an effort to address a long-running point of tension over how fans will reach the tournament [...]

Wed, May 13, 2026 2:05:00 AM, Continue reading at the source
Source: NJBIZ
The basics:
BMS enters up to $15.2B partnership with China’s Hengrui Pharma
Deal includes 13 early-stage oncology, hematology, immunology programs
BMS pays $600M upfront plus milestone-based payments over time
Companies split global rights across markets, will co-develop select assets
Bristol Myers Squibb has struck a broad partnership with one of China’s biggest drugmakers that could [...]

Tue, May 12, 2026 6:46:00 PM, Continue reading at the source
Source: NJBIZ
The basics:
Sherrill unveils NJ Transit Rapid Action Plan to improve rider experience
Agency also launches redesigned mobile app
Roadmap targets safety, cleanliness, accessibility, technology
GPS-based real-time train tracking system in development
Gov. Mikie Sherrill unveiled NJ Transit’s long-awaited Rapid Action Plan May 12. The sweeping roadmap aims to deliver near-term improvements to the rider [...]

Tue, May 12, 2026 6:44:00 PM, Continue reading at the source
Source: NJBIZ
The basics:
Flag Cities adds Bayonne, Paterson to NJ World Cup fan festival lineup
Series expansion supported by $1.3M New Jersey World Cup grant
Village People, Soulja Boy headline early entertainment announcements
Events will feature match broadcasts, food vendors, beer gardens, cultural activations
Goya Presents Flag Cities, in partnership with Hackensack Meridian Health, is expanding [...]

Tue, May 12, 2026 6:41:00 PM, Continue reading at the source
Source: NJBIZ
New Jersey City University’s faculty union has established a new $25,000 scholarship fund. The award will support students on the school’s Jersey City campus, as the institution prepares for its merger with Kean University this summer to form Kean Jersey City.
AFT Local 1839 funds the scholarship announced May 1 through [...]

Tue, May 12, 2026 6:02:00 PM, Continue reading at the source
Source: NJBIZ
The basics:
NJBPU launched a major review of New Jersey utility regulation
Study will examine performance-based ratemaking and multiyear rate plans
Officials aim to improve affordability, reliability, utility accountability
Review could reshape how electric utilities earn revenue, set rates
The New Jersey Board of Public Utilities formally launched what officials described as one of the [...]

Tue, May 12, 2026 5:52:00 PM, Continue reading at the source
Source: NJBIZ
The basics:
Paul Urbish nominated to lead New Jersey Alcoholic Beverage Control
Urbish currently serves as director at NJ Cannabis Regulatory Commission
ABC oversees alcohol manufacturing, distribution, sales statewide
Nomination comes after major changes to New Jersey liquor license laws
Paul Thomas Urbish has been tapped as director of the New Jersey Division of Alcoholic [...]

Tue, May 12, 2026 5:42:00 PM, Continue reading at the source