Clouds and sun
8°
Clouds and sun
Hi 31° | Lo 21°

Work / Business

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 …

Truckers with 35,000 openings seek jobless oil workers

Monday, February 23, 2015

U.S. oil-company job cuts that cost machinery operator Drew Sanford his spot at Halliburton Co. are shaping up as a boon for truckers desperate for big-rig drivers. Already equipped with a commercial license, the 30-year-old Sanford left North Dakota and landed at Oklahoma City-based Stevens Trucking Co. He …

Maple syrup harvests slow in N.H. as weather stays too cold

Monday, February 23, 2015

Knee-high snow blanketed acres of maple orchard at Sunnyside Maples in Loudon. Owner Mike Moore said last week he is ready to start tapping trees – the vacuum system that sucks sap from the maples is set and …

Agreement officialy ends FairPoint strike

Sunday, February 22, 2015

The largest major work stoppage in the United States last year officially came to an end yesterday. Union members in New Hampshire, Maine and Vermont ratified a collective bargaining agreement yesterday with their employer, FairPoint Communications, ending a …

Federal dollars trickle into state, slowing maintenance

Sunday, February 22, 2015

New Hampshire has had to shelve or delay routine maintenance of secondary roads and bridges as the rate of federal money flowing into the state for highway improvements has slowed over the past decade, a lag that state …

Meet Uber’s nemesis

Sunday, February 22, 2015

Born into a family of craftsmen in a hardscrabble Bavarian village, Richard Leipold started driving a cab as a college kid in Berlin. He liked it so much that he kept doing it after graduation, and he ultimately helped topple a local taxi guild with competition-stifling work rules. …

States seek alternatives for highway, bridge funding

Sunday, February 22, 2015

Touted as one of the first interstate highways, a 200-mile span of Interstate 70 between suburban St. Louis and Kansas City stands as a prime example of the challenges facing the nation’s roads. Built in the 1950s and …

FairPoint workers say they are looking forward to returning to work

Saturday, February 21, 2015

For the past four months, FairPoint employee Tom Wolfe walked the picket line in Lancaster almost every day, waiting for the company and the workers’ unions to reach an agreement. But yesterday afternoon, Wolfe was not at FairPoint’s …

Chicken farmer’s plans, spurned in Dunbarton, receive warmer welcome in Boscawen

Saturday, February 21, 2015

Tom Giovagnoli might have found a home for his proposed 27,000-square-foot barn and organic egg-laying farm. Giovagnoli, whose plans in Dunbarton were met with scorn from neighbors and ultimately rejected, is eyeing a rural 200-acre lot in Boscawen, …

Unions begin 3 days of voting on FairPoint contract

Saturday, February 21, 2015

Striking FairPoint workers in Portland, Maine, gave their union negotiators a standing ovation yesterday at the first briefings and ratification votes on a tentative agreement aimed at ending a four-month strike. Workers chanted, “One day longer, one day stronger!” and reacted positively as they received the first details …

Heavy snow collapses suburban Boston barn, killing 2 horses

Saturday, February 21, 2015

A sheet metal barn collapsed under the weight of snow in Westford, Mass., yesterday morning, killing two horses and sparking an hourslong rescue effort that saved five others. Firefighters, public works crews and others responded to Bobby’s Ranch. The effort continued into yesterday afternoon as authorities used shovels …