New Jersey

• PBGC to cover pension benefits of defunct N.J. hospital

  By Paula Aven Gladych  |  May 10, 2013

  In a reversal of a prior decision, the PBGC has agreed to pay pension benefits to 800 former hospital employees in New Jersey.

• House to vote to prioritize debt payments

  By Andrew Taylor  |  May 9, 2013

  The Republican-controlled House is moving to put U.S. bondholders and people on Social Security at the front of the line to be paid if the government hits its borrowing limit and is unable to meet all of its obligations.

• U.S. medicine spending shows rare dip in 2012

  By Linda A. Johnson  |  May 9, 2013

  Spending on prescription medicines in the U.S. fell for the first time in decades last year, slipping as cash-strapped consumers continued to cut back on use of health care services.

• ADP third-quarter beat estimates

  By The Associated Press  |  May 3, 2013

  Automatic Data Processing Inc.'s fiscal third-quarter net income rose 7 percent, buoyed by a slight rise in the number of workers on clients' payrolls.

• Prudential Financial posts first-quarter loss

  By The Associated Press  |  May 3, 2013

  Prudential Financial Inc. posted a first-quarter loss as the life insurer took a hefty charge tied to the value of the Japanese yen, but its adjusted earnings topped market expectations.

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  Baucus, leading supporter of health reforms, to retire

  By Donna Cassata  |  April 23, 2013

  Democratic Sen. Max Baucus, the powerful Senate Finance chairman who steered President Barack Obama's health care overhaul into law, has decided to retire.

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  Sebelius insists exchanges will open Oct. 1

  By Allison Bell  |  April 19, 2013

  U.S. Health and Human Services Secretary Kathleen Sebelius assures yet another congressional panel that the Patient Protection and Affordable Care Act exchanges will open on schedule.

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  Senators unveil sweeping immigration bill

  By Erica Werner  |  April 18, 2013

  Four Democratic and four Republican senators formally unveiled a sweeping immigration bill Thursday at a news conference attended by traditional opponents from big business and labor, conservative groups and liberal ones.

• North Carolina official argues against MetLife tax breaks

  By Emery P. Dalesio  |  April 17, 2013

  North Carolina business recruiters say a historically outsized package of about $100 million in state and local incentives to get MetLife Inc. to move 2,600 jobs from other states to North Carolina could stall benefits to other companies or force lawmakers to loosen up the rules.

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  Bipartisan bill would remake immigration system

  By Erica Werner  |  April 16, 2013

  The U.S. immigration system would undergo dramatic changes under a bipartisan Senate bill that puts a new focus on prospective immigrants' merit and employment potential, while seeking to end illegal immigration once and for all by creating legal avenues for workers to come here.