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Work / Business

Obama to expand overtime eligibility for millions of workers

Wednesday, July 1, 2015

The Obama administration plans to raise the wages of millions of Americans who work more than 40 hours a week by requiring employers to pay them overtime. Workers who earn as much as $970 a week would have to be paid overtime even if they’re classified as a manager or professional, according to a plan outlined by the Department of Labor on Tuesday. The White House said 4.7 million workers …

Greece hits new low as bailout to expire, default looms

Tuesday, June 30, 2015

Greece slipped deeper into its financial abyss on Tuesday as the bailout program it has relied on for five years was set to expire and eurozone finance chiefs decided not to extend it a new financial lifeline. Denied a last-minute bailout extension, the country was also due to become the first developed nation …

U.S. stocks notch worst day of year as Greek crisis escalates

Monday, June 29, 2015

Fears that Greece’s troubles could spread through the global financial system shook markets Monday, driving U.S. stocks to their worst day of the year. Investors fled from stocks in Europe and the U.S. and retreated to the safety of government bonds. Measures of volatility spiked. In many ways, it looked similar to previous …

Business notes for June 22, 2015

Sunday, June 21, 2015

Accounting Partners, Chickadee Lane Interiors, Cilley Veterinary Clinic, Compass Retirement Consulting Group, Concord Search & Retrieval, Health Club of Concord, Mary Stewart Law, New Hampshire Lawyers Assistance Program and NH Oil Undercoating, all of Concord; Botello Auto Detailing of Chichester; Daniel Webster Council of Manchester; Daniel’s Restaurant & …

Business people for June 22, 2015

Sunday, June 21, 2015

Jane Oneail was named executive director of the League of NH Craftsmen. She formerly worked as senior educator at the Currier Museum of Art. She earned a master’s in education from Harvard School of Education and a master’s …

Jonah crabs booming in value as managers seek fishery plan

Sunday, June 21, 2015

New England lobstermen are catching and selling more of a long-overlooked crab species in their traps, leading regulators to try to craft a management plan for the fishery before it becomes overexploited. The Atlantic States Marine Fisheries Commission is working on regulations for Jonah crabs, a species common …

New Hampshire posts fourth-best ski season at resorts

Sunday, June 21, 2015

This past ski season in New Hampshire is considered the fourth best on record, with more than 2.5 million visits to resorts. Ski New Hampshire says alpine ski area visits were up nearly 2 percent this past winter. Cross country visits were down, but still up 3.5 percent …

Pittsfield’s father-son eBay team take stamp world by storm

Sunday, June 21, 2015

It’s the age-old story of the father-son business: inherent trust among partners and an invaluable mentorship for the heir. But at NobleSpirit in Pittsfield, Joe Cortese isn’t just handing over the keys to his son. What’s more meaningful …

For sale in CONCORD: Peace and quiet, with lots of space

Sunday, June 21, 2015

The charming West End colonial at 3 Ridgewood Lane in Concord is nestled in Ridgewood Estates, one of the capital’s most desirable neighborhoods. Featuring five bedrooms and three-and-a-half bathrooms, the home offers lots of amenities, a fabulous open-concept …

Hungary’s response to the migrant crisis? A 109-mile-long, 13-foot-tall fence

Thursday, June 18, 2015

An unprecedented migrant crisis is causing panic in Europe, the intended destination for many of those risking their lives for a better future. European nations are putting up various barriers to this migration. For example, they have pushed back against search-and-rescue operations in the Mediterranean arguing that it …

Ex-NAACP leader Rachel Dolezal: ‘I identify as black’

Tuesday, June 16, 2015

The NAACP chapter president who resigned after her parents said she is white said Tuesday that she started identifying as black around age 5, when she drew self-portraits with a brown crayon, and she “takes exception” to the …

N.H. restaurants feel effects of avian flu outbreak in Midwest

Tuesday, June 16, 2015

Following an early spring outbreak of avian influenza in the Midwest that has led to a nationwide egg shortage, local restaurants are beginning to feel the effects. Restaurant owners, like Kosmas Smirnioudis of The Windmill Family Restaurant on Loudon Road in Concord, have seen the price of eggs …

Startup aims to upend diabetes care with matchstick implant

Monday, June 15, 2015

A tiny, matchstick-size pump, which could be implanted for up to a year in diabetics, is showing promise as a replacement for self-administered shots. Intarcia Therapeutics Inc., backed by venture-capital firms including New Enterprise Associates Inc. and Venrock, developed the device. It continuously delivers a diabetes drug known …