NJ business leaders react to nationwide protests

Some community leaders are hopeful that as New Jersey begins to rebuild its economy, there are opportunities to address inequalities in the workplace and beyond. That’s the aim of a reopening blueprint put together by Newark Mayor Ras Baraka, and one of the city’s largest employers, Prudential Financial. A Prudential executive says economic growth needs to be focused on inclusivity and racial equity.

The CEO of Kenilworth-based Merck, Kenneth Frazier, told CNBC Monday that joblessness leads to hopelessness and that’s what we see in the streets. He said business leaders can be a unifying force and have the ability to create jobs and opportunities.

An Assembly committee approved legislation to grant Gov. Phil Murphy emergency borrowing powers to help address the state’s revenue shortfall.