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Work / Business

Racquet Club of Concord sold before foreclosure auction

Thursday, July 31, 2014

A buyer has purchased the Racquet Club of Concord, staying a foreclosure auction that had been scheduled for yesterday morning. The Nelson family built the health club on Garvins Falls Road in 1972. In a voicemail Tuesday, Debbie Nelson said Charles Magardy has officially bought the Racquet Club. He signed the papers Tuesday night, she said. The change was recorded at the Merrimack County Registry of Deeds yesterday morning. “We … 0

Market Basket turmoil disrupts plans for Warner liquor outlet

Thursday, July 31, 2014

The shutdown of Market Basket locations across New England has stalled conversations about a new New Hampshire Liquor & Wine Outlet in Warner. New Hampshire Liquor Commission officials had been speaking with a real estate administrator for the Massachusetts-based grocery chain but those conversations are “on hold given the fluidity of the current situation,” said commission spokesman E.J. Powers. The commission “is exploring … 2

Market Basket to workers: Return Monday or you’re fired.

Thursday, July 31, 2014

Market Basket’s leaders are calling for all employees to return to work Aug. 4 or risk being replaced. Many employees of the regional grocery chain have been on an unofficial strike since July 21, refusing to deliver fresh produce to the chain’s 71 stores until the board of directors reinstates ousted CEO Arthur … 3

Become a .guru in the new internet

Saturday, July 26, 2014

The internet is quietly exploding. More than 300 new top-level domains – the extension of the internet address after the dot, such as .com or .net – were created in recent months by the Internet Corporation for Assigned Names and Numbers, including .services, .vodka and .WTF. ICANN, the … 0

Fast food workers prepare to escalate wage demands

Saturday, July 26, 2014

Fast-food workers say they’re prepared to escalate their campaign for higher wages and union representation, starting with a national convention in suburban Chicago where more than 1,000 workers will discuss the future of the effort that has spread … 2

House votes to limit tax credit for immigrants

Saturday, July 26, 2014

The House passed a bill yesterday that would gradually increase the popular child tax credit and make it available to more families with higher incomes. However, millions of low-income families would lose the $1,000-a-child credit in 2018, when enhancements championed by President Obama are set to expire. The … 1

Farmers markets, local stores benefit from Market Basket shortages

Friday, July 25, 2014

Whether motivated by zeal for Arthur T. Demoulas or just plain desperation, Market Basket shoppers are increasingly turning to farmers markets, independent stores and competing chains as the prolonged dispute drags on. Stacey Cooper, an employee at the … 6

Export-Import Bank Chairman Fred Hochberg visits Concord tech business to promote reauthorization

Thursday, July 24, 2014

In a perfect world, America wouldn’t need the federal Export-Import Bank, Chairman Fred Hochberg said yesterday. “But I haven’t found that perfect world yet. We don’t live in that perfect world and U.S. companies . . . face intense foreign competition backed by their own governments. And if … 2

Ex-Market Basket boss wants to buy company

Thursday, July 24, 2014

The former chief executive of the Market Basket supermarket chain whose ouster has led to employee protests, customer boycotts and empty shelves wants to buy the entire company. Arthur T. Demoulas said in a statement Wednesday that he … 1

Market Baskets in Tilton, Warner running out of produce amid companywide protests

Wednesday, July 23, 2014

Mike Leclair is a grocery store manager. He’s not a politician, and not a public speaker, he told a crowd of about a hundred employees, friends and family – and local and state media. He didn’t have a … 10

Proposal would phase out puncture-prone rail car

Wednesday, July 23, 2014

The Obama administration Wednesday proposed phasing out older tank cars tied to a deadly derailment a year ago and lowering speed limits as part of a set of new rules intended to reduce the risks of hauling crude oil by rail. The proposal, which follows a series of … 0

Economy sluggish but more sturdy

Wednesday, July 23, 2014

Out of a seemingly hollow recovery from the Great Recession, a more durable if still slow-growing U.S. economy has emerged. That conclusion, one held by a growing number of economists, might surprise many people. After all, in the … 1

Concord Market Basket employees encourage customer boycott

Tuesday, July 22, 2014

Donna Maddox-Barnard offered to bring cold water to the young men picketing outside the Market Basket on Fort Eddy Road in Concord yesterday, but they said no. They pointed to a cooler. They had been outside holding signs … 8