Everyone covers Phil Murphy’s speech on his plan, or something, for the economy, in which he proposed a $500 million venture capital fund, to replace the tax-incentive programs which are up for renewal next year.
Murphy’s plan also emphasizes things like clean energy and STEM and college tuition.
Apparently we’ve dropped from fifth to fifteenth in venture capital inflows since 2007.
You can read the plan here. Over-under on the number of times the word “innovation” appears? It’s a 60 page document.
Everybody also covers the latest poll from Stockton showing Bob Menendez in a dead-heat with Bob Hugin for U.S. Senate. Bob’s an incumbent who was charged with corruption. Other Bob’s a pharma exec with a “vast personal fortune” millions of which he’s poured into this race. Great job all around.
Amazon’s raising its minimum wage to $15 for all U.S. employees, effective next month. As of June, the company had (reportedly) 16,000 employees in New Jersey in Carteret, Cranbury, Edison, Florence, Logan and Robbinsville. They also had plans for new centers in West Deptford and Burlington.
For more feats of journalism from across the region, see below: