The Push – and the Need – for Businesses and Other Colleges To Participate in NJ’s Burgeoning AI Hub at Princeton University
The state’s well-chronicled history of innovation – along with Princeton University’s impressive connection to major advances in computer science – made N.J. and its premier university a logical place to create an East Coast AI Hub. But, at the first NJAI Summit on Thursday at Princeton, President Chris Eisgruber made clear that the school isn’t looking to go it alone. “My message, when I spoke to the other presidents of the colleges and universities here in New Jersey is, if this succeeds, it succeeds with all of us coming together,” he said. “We want this to be a place where people are able to come together.” That includes the business community. “There is an avalanche coming,” N.J. Chamber of Commerce CEO Tom Bracken said. “We’re eager to hear more about it – so the New Jersey business community can take advantage of it.” (ROI-NJ)
US Retail Sales Rose in March for the Second Straight Month
Spending at U.S. retailers rose in March for the second consecutive month, underscoring the strength of the U.S. consumer fueled by a robust job market. Retail sales rose 0.7% in March from the prior month, a slower pace than February’s upwardly revised 0.9% gain, the Commerce Department reported Monday. That beat the 0.4% increase economists projected, according to a FactSet poll. Retail spending has increased in seven of the past 10 months through March. (CNN)
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New Jersey Unveils Small Business Manual
The New Jersey Business Action Center (NJBAC) is out with a new tool to assist small businesses here in the Garden State. The New Jersey Small Business Manual offers information and guidance for establishing, maintaining and expanding a small business in the state. The initiative was spearheaded by NJBAC, a division of the Department of State, in collaboration with the New Jersey Economic Development Authority, the Office of Innovation, and other community-based partners. (NJBIZ)
Tax Record Retention: Your Guide to Keeping Tax Documents
Are you unsure about how long to keep tax records? Stay audit-ready with this guide to tax record retention. (U.S. Chamber of Commerce)
Join Us for the 13th Annual N.J. Chamber Challenge Cup Golf Outing
Join us May 20 for a day of camaraderie and connections at the elegant Bedens Brook Club in Skillman. The outing features 18 holes of golf as well as networking at our pre-golf lunch reception and post-golf awards ceremony. To register and to view sponsorship opportunities, click here. (N.J. Chamber of Commerce)
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