Business Minute: Here is the latest New Jersey business news from The Associated Press - New York News

Business Minute: Here is the latest New Jersey business news from The Associated Press

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ATLANTIC CITY, N.J. (AP) - Some Republican state lawmakers are pushing to continue barring casinos anywhere in New Jersey except Atlantic City for two more years. Democratic Senate President Steve Sweeney has said he's open to the idea of a ballot measure in November of 2015 to allow casinos in northern Jersey.

WHITEHOUSE STATION, N.J. (AP) - Merck & Company reports earnings more than doubled in its second quarter, and topped analysts' expectations. The Whitehouse Station, New Jersey-based company says net income increased to $2 billion, or 68 cents per share, from $906 million, or 30 cents per share, in the same quarter a year earlier.

NEWARK, N.J. (AP) - A former official of a New Jersey-based vending company has been sentenced to prison time for his role in a scheme that defrauded the Pepsi Bottling Group of $2.9 million over a 10-year period. Cedar Grove resident Joseph Belasco was ordered yesterday to serve six months in prison and six months of home confinement.

WASHINGTON (AP) - Congressional investigators say the government has failed to inspect virtually all of the chemical facilities that it considers to be at high risk for a terror attack and has underestimated the threat to densely populated cities. Roughly half of the higher-risk facilities are in 10 states including New Jersey.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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