Local

Cryan Keeping Con-Man’s Cash

ELIZABETH—Union County Assemblyman Joseph Cryan, who was appointed by Gov. Jon Corzine as chairman of the Democratic State Committee, says he has no intention of returning some $39,000 in campaign contributions from co-workers and family of R. Allen Stanford. Stanford…

Vas Investigation Advancing

PERTH AMBOY—Two bus loads of city employees were brought to give evidence about former Mayor Joseph Vas before a grand jury sitting in Trenton last week. Sources say Carlos Serrano told the panel that he did not give contributions to…

Merck To Merge With Schering-Plough

RAHWAY – In a deal announced Monday, Merck & Co. is buying Schering-Plough Corp. for $41.1 billion in stock and cash. The deal unites the two New Jersey pharmaceutical companies as the industry faces slumping sales, tough generic competition and…

Freeholders Introduce Lean Budget

MIDDLESEX COUNTY – The freeholders introduced a $392 million budget last week which is nearly $5 million lower than the county’s 2008 spending plan. Due to the slumping economy, the county will need to raise more money through taxes. The…