News Release: 12/09/2024

New Jersey Chamber of Commerce

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New Jersey Chamber Insider

Business News, Advice and Trends

December 9, 2024

Content Curated By Scott Goldstein

Today's Highlights

  • NJ Transit CEO Kevin Corbett resigns to take university job.

 

  • New Jersey’s Andy Kim is named to the US Senate early.

 

  • Report: NJ's 2024 voter turnout is lowest in state history for a presidential election.

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NJ Transit CEO Kevin Corbett resigns to take university job

Kevin Corbett, NJ Transit’s president and CEO since the early days of Gov. Phil Murphy’s administration, announced Monday his resignation, effective Jan. 15, to take a university post. "In addition to giving me a chance to spend more time with my family, I have recently accepted a new opportunity with one of our state’s prestigious universities that will allow me to remain deeply connected to the transportation sector," Corbett wrote in a letter obtained by NJ Advance Media. The letter did not name the university. (nj.com)

 

New Jersey’s Andy Kim is named to the US Senate early

Andy Kim, a three-term congressmember, was appointed to the U.S. Senate Sunday. Kim, 42, takes office following the resignation of interim Sen. George Helmy, who had long said he would leave office once the results of the 2024 election were certified. He fills the seat vacated by Bob Menendez this summer following his federal conviction. (POLITICO)

 

Report: NJ's 2024 voter turnout is lowest in state history for a presidential election

It was billed as the most important election of our lives – a presidential battle to determine the future of our divided country. But in New Jersey, many voters responded with a shrug. About 4.3 million of N.J.’s 6.6 million registered voters cast ballots, or about 65% of those eligible to vote, according to the certified results. That’s the lowest turnout the state has ever seen in a presidential election year, an NJ Advance Media analysis found. The number is 2 percentage points lower than the previous mark set 12 years ago. (nj.com)

 

Trump says he doesn’t plan to remove Fed chairman Jerome Powell

President-elect Donald Trump said in an interview that aired on Sunday that he has no plans to remove Federal Reserve Chair Jerome Powell. Appearing on NBC’s "Meet the Press with Kristen Welker," Trump was asked if he would try to replace Powell. "No, I don’t think so. I don’t see it," Trump said. "I think if I told him to, he would. But if I asked him to, he probably wouldn't. But if I told him to, he would." Welker followed by asking Trump if he had plans to ask Powell to resign. Trump responded, "No, I don't." The comments mark the first time since the election that Trump has publicly backed Powell. (CNN)

 

MetLife Stadium lands another soccer final: FIFA 2025 Club World Cup

MetLife Stadium – already selected to host the final of the FIFA 2026 World Cup – will be at the center of the global soccer universe in 2025, too. The stadium in East Rutherford was selected to host the semifinals and the final of the first FIFA Club World Cup, it was announced this weekend. In total, MetLife will host nine games of the 32-team tourney, including a quarterfinal match and five group-round matches between June 15 and July 13. (ROI-NJ)

 

SEE PHOTOS: ROI-NJ recognizes state's leading business executives at a festive 'Champions of the C-Suite' reception

ROI-NJ's 'Champions of the C-Suite' awards ceremony and networking reception, held at the Hanover Manor in East Hanover on Dec. 4, recognized 140 New Jersey executives making a difference in their industries and the community. The New Jersey Chamber served as the event planner for the festive networking reception. See photos here. View honorees here. (ROI-NJ and N.J. Chamber of Commerce)

 

TOMORROW: Dec. 10: Orthodox Jewish Chamber's annual business conference & expo aims to bridge communities and leaders

N.J. Chamber of Commerce President Tom Bracken is among the speakers at the Orthodox Jewish Chamber of Commerce annual JBIZ EXPO, a business expo and conference aimed at bringing together business leaders, exhibitors, and solution-based B2B services. The event will be held at Harrah's Waterfront Conference Center in Atlantic City on Dec. 10. (Orthodox Jewish Chamber of Commerce)

 

Dec. 11: Panel will examine recently proposed DEP Regulations

A panel of environmental industry experts on Dec. 11 will lead an open dialogue, and provide updates on recently proposed state DEP regulations, including site remediation rules. Register for this virtual event here. (Continuing Professional Education Services)

 

Walk to Washington - Feb. 6-7, 2025

Get a ticket. Get a sponsorship. Get a room. The Walk to Washington is back – with more networking 

The Walk to Washington returns Feb. 6 & 7, with major enhancements. Following a 5-year hiatus, the 84th version of the iconic event will feature more networking – and fewer speeches. This unique affair consists of 900 N.J. leaders traveling to Washington D.C. on a chartered Amtrak train that picks up guests in Newark, Metropark, New Brunswick, Trenton, Philadelphia and Wilmington, Del. Sponsorship opportunities, event registration and information are here. (N.J. Chamber of Commerce)

Cornerstone NJ Member News

Hackensack Meridian Pascack Valley launches breast health program

Hackensack Meridian Pascack Valley Medical Center has launched a new breast health program, to provide top-tier breast health care in a compassionate, patient-centered environment. Early detection is vital to improving breast cancer outcomes, and the breast health program offers a wide range of screening services, including 3D mammography and breast ultrasounds, along with expert breast cancer treatment options. (ROI-NJ)

Cornerstone NJ is a membership program of the New Jersey Chamber of Commerce. 

 

BUSINESS MADE EASIER

Do business with fellow N.J. Chamber members — you can find them in our online directory.

Business Events

TOMORROW: Dec. 10 – Annual Member Holiday Party Networking Event

Calandra's Italian Village, Caldwell 5 p.m. to 8 p.m. Free for members.

Register here

 

Jan. 15 – Member Mixer

iPlay America, Freehold 5:30 p.m. to 8 p.m. Free for members.

 

Feb. 6-7 – 84th Walk to Washington & Congressional Reception

Washington, D.C.

This iconic networking affair brings 900 New Jersey business and government leaders to the nation's capital aboard a chartered Amtrak train. Guests board in Newark, Metropark, New Brunswick, Trenton, Philadelphia, or Wilmington. Once in D.C., the networking continues at a massive networking reception featuring the governor, state legislators and members of N.J.'s Congressional Delegation. Don’t miss this one-of-a-kind experience.

More info and register here

 

May 19 – NJ Chamber Challenge Cup Golf Outing

Bedens Brook Club, Skillman, Noon

 

June 12 – 28th Annual NJ Chamber Open House and Reception

New Jersey State Museum, Trenton, 4 p.m. to 7 p.m.

 

Oct. 22 – NJ Chamber Legislative & Business Awards Reception

EisnerAmper, Iselin, 5 p.m. to 8 p.m.

Business Resources

 

The Best Tool for Your Business - Membership in the N.J. Chamber

 

The N.J. Chamber provides members with guest speakers, webinars, networking opportunities and discount programs that help businesses grow. The N.J. Chamber also advocates for pro-growth and pro-business legislation.

 

You are welcome to share this newsletter via email, social media or on your organization's website. Please credit the New Jersey Chamber of Commerce with a link to http://njchamber.com.

 

The New Jersey Chamber of Commerce is staying on top the issues important to business. For news media requests, please email Scott Goldstein.

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