(Reuters) – Banks should defer bonus payments for 10 years and tap the bonus pool to pay any regulatory fines, a top Federal Reserve official said on Monday, taking aim at continued lapses across the industry even after the 2007-9 financial crisis. New York Federal Reserve Bank President William Dudley said banks should move toward paying… Read the rest of this entry »

Credit: Governor’s Office/Tim Larsen Transportation Commissioner Jamie Fox To new Transportation Commissioner Jamie Fox, the challenge is clear, and so is the solution: After years of “taking a Band-Aid approach to everything,” New Jersey’s transportation system is in crisis. The only way out is to raise taxes to replenish the soon-to-be-empty Transportation Trust Fund (TTF) and… Read the rest of this entry »

WASHINGTON — The first wave of people, including the fiancee of Ebola victim Thomas Eric Duncan, will emerge from a state-ordered, 21-day Ebola quarantine Monday, which should probably spark relief in a region that desperately wants to escape the shadow of the disease. But church officials are considering extra security for Louise Troh and her sons,… Read the rest of this entry »

WASHINGTON — A divided Supreme Court early Saturday morning let a new Texas voter ID law take effect, the latest ruling in a series of decisions on voting laws in the states just weeks before midterm elections. The court’s decision means Texas voters starting Oct. 20 must present one of several forms of photo identification. “We… Read the rest of this entry »

New Jersey Governor Christie on Friday signed a revised sports betting bill, and Monmouth Park officials almost simultaneously said they would offer betting on National Football League games at the horse track on Oct. 26. “The Governor’s signature on S2460 earlier today is a wire-to-wire winner for horse racing, the gaming industry and the people of… Read the rest of this entry »

It took the Ebola crisis to dampen White House enthusiasm for relentless fundraising. After a previous week filled with six moneymakers around the nation, President Obama canceled three similar events this week to tend the growing public distress over the disease and its threat. But prudence, perhaps, has ended. Come Sunday, Mr. Obama will whisk off… Read the rest of this entry »

DALLAS (AP) – A Liberian Ebola patient was left in an open area of a Dallas emergency room for hours, and the nurses treating him worked for days without proper protective gear and faced constantly changing protocols, according to a statement released late Tuesday by the largest U.S. nurses’ union. Nurses were forced to use medical… Read the rest of this entry »

Ebola virus. In the wake of a Texas nurse contracting Ebola from a patient, New Jersey hospitals are ramping up drills and training to better prepare their staffs to prevent any spread of the virus in the state. Healthcare workers have expressed concerns about what they should be doing to protect themselves and their patients, and… Read the rest of this entry »

FORT WORTH, Texas (AP) – In the days after the first diagnosis of Ebola in the U.S., the head of the Centers for Disease Control and Prevention was resolute in his confidence about hospitals’ ability to manage the virus. “Essentially any hospital in the country can take care of Ebola. You don’t need a special hospital… Read the rest of this entry »

WASHINGTON — President Barack Obama met with the military leaders of 21 countries Tuesday to discuss the ongoing strategy to combat the Islamic State terrorist group as he faces mounting pressure at home and abroad to take more aggressive action in Iraq and Syria. Obama did not announce any new or expanded initiatives following the meeting… Read the rest of this entry »