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Work / Business

Crisis, what crisis? U.S. economy steams along

Friday, August 28, 2015

A funny thing happened while the world financial markets shuddered in panic this week. A range of indicators about the U.S. economy, the world’s largest, showed a recovery that’s continuing to gain steam. Even as stocks whipsawed, data on housing, consumer confidence, the labor market and economic growth all showed the economy flexing its growing muscle. The latest data came Thursday when the Bureau of Economic Analysis said the U.S. …

Across U.S., many utilities are battling net metering

Friday, August 28, 2015

Net metering, which allows customers to sell excess electricity back to their local utility, was created in the 1990s and became a key component in launching the solar industry, especially for homes and small business. But in some ways, the practice is under attack as the boom in solar power makes it more …

Some say net metering cap could stifle solar industry’s growth

Friday, August 28, 2015

Warner officials have already picked two spots where they hope to construct large solar farms that will generate enough power to offset electricity costs for the town’s buildings. Once Warner covers the up-front costs, estimated at roughly $675,000, the payoff will be big, said Town Administrator Jim Bingham. “We can have electricity for …

E-ZPass transponder issue was prodded by extra cost of processing drivers

Thursday, August 27, 2015

Two numbers are behind the ongoing brouhaha over E-ZPass transponders: 7 cents and 47 cents. Seven cents is how much it costs the state to process a vehicle when it goes through an E-ZPass lane with a working …

How do you know if your transponder’s dead? It’s not easy

Thursday, August 27, 2015

If your transponder is still working, there’s no need to replace it, even if it’s old and the deadline of Nov. 1 has passed. The problem is that it’s difficult to know whether any given transponder is still working. One indication comes on the monthly statement from E-ZPass, …

U.S. stocks surge, snapping 6-day losing streak

Thursday, August 27, 2015

The Dow Jones industrial average rocketed more than 600 points Wednesday, its biggest gain in seven years, snapping a six-day losing streak that had Americans nervously checking their investment balances. While the surge came as a relief to …

US stocks extend losses as early rally fades

Wednesday, August 26, 2015

Just when it looked as if the bleeding had stopped, it started up again. A rally in U.S. stocks evaporated in the minutes before the closing bell Tuesday, sending the Dow Jones Industrial Average down more than 200 …

Police seek less-lethal weapons

Wednesday, August 26, 2015

Police in more than 20 North American cities are testing the latest in less-lethal alternatives to bullets – “blunt impact projectiles” that cause suspects excruciating pain but stop short of killing them. Or at least that’s the goal. …

New day of carnage for financial markets amid global sell-off

Tuesday, August 25, 2015

A worldwide selling frenzy Monday bruised U.S. stocks and sent the Dow Jones Industrial Average plunging nearly 600 points, as investors worried over China’s slowing economy extended a global-market meltdown. The Dow fell more than 1,000 points within six minutes, its largest single-day slump in history, before staggering …

Business people for Aug. 24, 2015

Sunday, August 23, 2015

Rosemary Heard, president of CATCH Neighborhood Housing, will be vice chairwoman of the board of directors for the Northern New England Housing Investment Fund, based in Portland, Maine. She has been a member of the board since 2010. …

Business notes for Aug. 24, 2015

Sunday, August 23, 2015

The Lakes Region Chamber of Commerce recently celebrated the opening of the Franklin Studio in the historical Buell Building in Franklin. The nonprofit will sell coffee, pastries and New Hampshire-made gifts. Granite United Way received a gold level rating from GuideStar and a four-star rating from Charity Navigator. …

Maine seaweed festival to highlight state’s growing industry

Sunday, August 23, 2015

A Maine festival hopes to show the public that the future is here, and it’s covered in seaweed. The Maine Seaweed Festival will take place Aug. 29 at the South Portland campus of Southern Maine Community College. Organizers say they want attendants to “ride the wave of our …

Why some farmers are deciding to go GMO-free

Sunday, August 23, 2015

Five years ago, Dan Beyers took his farm in a new direction. Or, rather, back in an old direction. The Pana, Ill.-area farmer had been using corn and soybean seeds genetically modified to work with glyphosate – the …