ROI-NJ

Business news and insight on the people, companies and issues shaping New Jersey.

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Commvault is turning to an experienced insider for interim financial leadership. The Tinton Falls-based company named Chief Accounting Officer Danielle Abrahamsen interim CFO, effective Dec. 1, following Gary Merrill’s departure. https://t.co/2IvYnR0cJT

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An Englewood lender is financing a major tourism development in the Punta Cana region. Kennedy Funding closed a $5.625 million land loan for Cruise on Land DR to acquire 10 parcels in Higüey, Dominican Republic.

https://t.co/Cit3xuCxEY

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Gas prices have fallen below $4 per gallon nationally for the first time since July, but New Jersey drivers are only just under that mark. The state average dropped 10 cents in a week to $3.99.

https://t.co/Ng5e9MtN7b

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Bell Works Fort Monmouth has opened in Tinton Falls, with less than 10% of its nearly 277,000 square feet still available less than a year after leasing began. https://t.co/B41n4o3oEZ

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Citizens and the New Jersey Devils have opened applications for Jersey Shops, doubling direct small-business funding to $40,000 for the 2026-27 season.

https://t.co/4humIS3Z7D

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MetLife Stadium will host the New York Jets’ annual Salute to Service on Nov. 15, recognizing service members, veterans and their families alongside the team’s game against Buffalo. https://t.co/h9c8ToqN6k

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The Port Authority’s proposed $10.3 billion 2027 budget sets aside $4 billion for capital projects, including the replacement of the Midtown Bus Terminal and major work at Newark Liberty and JFK. https://t.co/mY2VnTqX05

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New Jersey American Water has opened applications for its 2027 Volunteer Fire and EMS Grant Program, with about $50,000 available and awards of up to $5,000 per organization.

https://t.co/vpDi49T5ds

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Rider University has elected Warren E. Moore, a 2005 alumnus and Inspira Health’s president and COO, to its Board of Trustees. His term began Nov. 1. https://t.co/FLL6gBkmrL

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New Jersey is moving toward a statewide virtual power plant program that would pay residents and businesses to use smart devices to ease peak demand. The NJBPU’s first step on PowerUp NJ follows the governor’s energy affordability orders. https://t.co/9mlEUOjyJn

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Going-out-of-business sales are underway at The Children’s Place and Gymboree stores across the U.S. and Canada, following approval by a New Jersey bankruptcy court. https://t.co/zS2TH5x1uk

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A global survey of more than 700 IT leaders finds infrastructure costs and cyber risk converging as strategic concerns. In 11:11 Systems’ study, 90% reported higher data center costs over the past year, averaging a 13% increase. https://t.co/0cL9Ga2vJI

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A Garden State Initiative report is urging a fresh look at NJ Transit’s canceled microgrid, conceived after Superstorm Sandy to keep rail service running during widespread power outages. https://t.co/0wgWqCsBOv

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Middlesex College is linking healthcare workforce training with degree credit. Eligible students can apply approved certifications or state licensure toward an associate degree. https://t.co/C5TSTc0o2G

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Kean University President Lamont O. Repollet has joined the Hispanic Association of Colleges and Universities’ governing board, bringing a New Jersey perspective to national decisions on student success and access. https://t.co/1UZOytjHLT

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Archer & Greiner has opened a Cape May Court House office, bringing two longtime local attorneys into the firm as partners. https://t.co/0sXFgkx8zV

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Cooper Norcross Health honored two employees whose service continues well beyond their military careers: security officer Rich Dominick and hospitalist Dr. Melissa Stockton-Brown, its 2026 Armed Forces Persons of the Year. https://t.co/mII9k0PZzT

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Holman is preparing for a leadership transition in its fleet business: Bob White will retire after more than 37 years with the company, with Nick Caller named president and Mark Bryan promoted to fleet COO. https://t.co/EPGe5mKK9V

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Mandelbaum Barrett PC has added Robert “Chip” Spawn as counsel in its commercial litigation practice, bringing experience across business disputes, employment matters and real estate and construction litigation.

https://t.co/XWkE4mYCUy

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Prudential Wealth Advisors reported record third-quarter sales of about $1.4 billion and more than $80 billion in client assets. https://t.co/aJfW0Tmb4f