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Greece's Finance Minister Yanis Varoufakis speaks during an interview with the Associated Press at his office, in central Athens, on Saturday, Feb. 28, 2015. Varoufakis said that  Greece intends to start discussions with its European partners and creditors on debt rescheduling in order to make the country’s massive debt sustainable. (AP Photo/Petros Giannakouris)

Repayments to European bank need discussion

Saturday, February 28, 2015

Greece will prioritize debt repayments to the International Monetary Fund, some of which come due in March, but repayments to the European Central Bank are “in a different league” and will need discussion with Greece’s creditors, the country’s finance minister said yesterday. In an interview with the Associated Press, finance minister Yanis Varoufakis also said Athens intends to start discussions …

Central bank cuts rates again to boost economy

Saturday, February 28, 2015

China’s central bank cut interest rates for the second time in three months yesterday, adding to signs the country’s leaders are worried the economic slowdown is deepening too sharply. The People’s Bank of China announced a rate cut on one-year loans by commercial banks by 0.25 percentage point to 5.35 percent. The interest rate paid on a one-year deposit was lowered by 0.25 …

FairPoint more attractive to buyers with new labor pact

Saturday, February 28, 2015

FairPoint Communications said it needed to bring costs and benefits into sync with competitors in the telecommunications industry. By doing just that in a new labor pact, the company has made itself more attractive to potential buyers, an analyst and workers say. Workers said during a four-month strike in northern New England that the company was positioning itself for potential sale, and a …

Rustic Crust to celebrate opening of new facility in Pittsfield with open house

Thursday, February 26, 2015

The fire that leveled Rustic Crust pizza left an empty 3-acre lot near downtown Pittsfield. There was no guarantee the company, which employs 150 people and has products in about 6,700 stores, would rebuild in town. “It would …

2 loose llamas lassoed after running amok near Phoenix

Thursday, February 26, 2015

Two quick-footed llamas dashed in and out of traffic in a Phoenix-area retirement community before they were captured by authorities yesterday, causing a stir in the streets and on social media. A large, white llama and a smaller …

Concord Food Co-op to partner with Canterbury Shaker Village

Wednesday, February 25, 2015

The Concord Food Co-op’s produce section will soon feature its own crops grown on the historic fields of Canterbury Shaker Village. The partnership announced yesterday by the two sides means the co-op will grow some of its own produce on-site and will provide it more space for classes, …

Strong reliability scores should help Buick brand’s rebirth

Wednesday, February 25, 2015

Buick, the brand that once was the pace car for the drive to the senior center, has made a comeback by appealing to buyers not yet ready for retirement. U.S. sales rose 11 percent in 2014. In China, …

lebanon:

Wednesday, February 25, 2015

Signaling a shake-up in the Upper Valley automobile market, longtime car seller Miller Chevrolet Cadillac will close its doors Friday, leaving Lebanon, for the first time since the dawn of the automotive era, without a Chevrolet or Cadillac …

FairPoint workers in N.H. return today, hopeful to end flood of service complaints to PUC

Wednesday, February 25, 2015

The four-month strike at FairPoint Communications coincided with a massive spike in customer complaints to the state Public Utilities Commission. Workers in Maine, New Hampshire and Vermont, who walked off the job in October, ratified collective bargaining agreements …

Defying GOP, Obama vetoes Keystone XL pipeline bill

Tuesday, February 24, 2015

Defying the Republican-run Congress, President Obama rejected a bill yesterday to approve construction of the Keystone XL oil pipeline, wielding his veto power for only the third time in his presidency. Obama offered no indication of whether he’ll …

Downtown: New salon to occupy former Gibson’s storefront

Monday, February 23, 2015

Part of the former Gibson’s Bookstore on South Main Street will become a hair salon. The storefront at 27 S. Main St. has been vacant since summer 2013, when the bookstore moved to developer Steve Duprey’s Love building …

Business notes for Feb. 23, 2015

Monday, February 23, 2015

Chaga Grove of Concord was recently featured on NH Chronicle. The company harvests and sells medicinal dried mushrooms from New Hampshire forests. It is also working with the Discovery Channel, the National Geographic Channel, and the Dr. Oz on sharing the benefits of consuming Chaga mushrooms. Southern New …

Business people for Feb. 23, 2015

Monday, February 23, 2015

James Culhane was recently named the new president and CEO of Lake Sunapee Regional Visiting Nurse Association. Culhane has a master’s in business administration from the University of New Hampshire and a master’s in social work from the …