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Work / Business

Indiana halts support of fertilizer plant on U.S. bomb concerns

Friday, May 17, 2013

Indiana Gov. Mike Pence yesterday pulled his support of a plan by a Pakistani company to build a fertilizer plant after the Pentagon raised concerns that its products were being used to make bombs. Pence said yesterday he withdrew state incentives for the project near the Illinois border because the Defense Department said it needs more time to evaluate whether the Lahore-based Fatima Group has created a less-explosive fertilizer. The … 0

Falling yen to make Japan’s goods more affordable

Friday, May 17, 2013

Attention, bargain-hunters around the world: Japanese goods – from cars to televisions – are going on sale. Credit Japan’s drive to pump cash into its economy to stimulate growth. The extra money flooding its financial system is helping shrink the value of the yen. A U.S. dollar now buys about 100 yen. Last … 0

European discomfort with U.S. farming could derail trade talks

Friday, May 17, 2013

Many Europeans see American farming and its reliance on genetically modified crops as more Frankenstein than Farmer in the Dell. Now, the opposition to U.S. agricultural practices is threatening to become a major battle in discussions starting next month that could sweep away trade barriers between the United States and Europe. Many in Europe worry that a trade pact would ease regulations that … 0

Shift to service-driven economy delays job recovery

Saturday, May 4, 2013

It feels like it’s taking forever for the U.S. economy to add back the jobs it lost in the Great Recession. In historical terms, that’s true, and new research suggests it’s partly because of a half-century shift from manufacturing to services as the engine of the economy. Even … 4

Heritage Commission praises Bill Binnie’s Walker School plans

Friday, May 3, 2013

Bill Binnie’s plans to transform the Walker School building into a media center received unanimous approval from the Concord Heritage Commission yesterday. As the headquarters of Binnie Media, the 1915-era elementary school will hold television and radio studios. … 0

Viking House in downtown Concord to reopen under new ownership

Thursday, May 2, 2013

The Viking House isn’t leaving downtown Concord after all. After hearing in February that Janna Wise and Peter Madison were closing the store, Sue McCoo decided to buy it. McCoo, who owns The Capitol Craftsman & Romance Jewelers, will reopen under the same name, with many of the … 0

Homeownership rate declines to lowest since 1995

Thursday, May 2, 2013

The homeownership rate fell to the lowest in almost 18 years, reflecting rising demand for rentals and investor purchases in the housing market. The share of Americans who own their homes was 65 percent in the first quarter, down from 65.4 percent a year earlier and the lowest … 0

Foreclosures drop, home sales rise in March as N.H. housing market improves

Thursday, May 2, 2013

Foreclosures were down and home sales were up in March from a year earlier, the latest signs that New Hampshire’s housing market is on the mend. “We’re on the upward slope now . . . I think convincingly, if not dramatically,” said Russ Thibeault, president of Applied Economic … 0

Bill Binnie’s WBIN stops news broadcasts

Wednesday, May 1, 2013

Bill Binnie’s television station has stopped its 10 p.m. news program. The weeknight news program on WBIN was broadcast Friday, but did not return Monday night. The station’s spring program lineup went into effect this week and does … 0

Officials say threatened FAA towers to remain open

Wednesday, May 1, 2013

Transportation Secretary Ray LaHood has assured lawmakers the Obama administration will prevent the closure of 149 small airport towers as well as end furloughs of air traffic controllers nationwide as a result of legislation passed by Congress, according to officials involved in negotiations on the bill. The disclosure … 0

Wanted: Polar bear spotter on Norwegian islands

Thursday, May 16, 2013

Do you enjoy the outdoors and have strong vocal cords? If so, Norway might have a summer job for you: three weeks in the Arctic wilderness spotting polar bears. The governor’s office on the remote northern islands of Svalbard is seeking a polar bear spotter to warn researchers … 0

U.S. loans from China at issue in debt-ceiling fight

Monday, April 29, 2013

Despite what you may have heard, China isn’t the country’s biggest creditor. America is. The bulk of the national debt 0 soon to exceed a staggering $17 trillion – is held by the Federal Reserve, Social Security system, various pension plans for civil service workers and military personnel, … 1

Allenstown farmers win award, use of brand-new tractor

Thursday, May 16, 2013

Chris and Danielle LaValley of Allenstown reaped a mighty haul this month, when they won the 2012 New Hampshire Farm Bureau Young Farmer Achievement Award. The couple, owner operators of LaValley Farms in Allenstown, received the keys to a new Kubota tractor from Mike Snide of Pinnacleview Equipment, … 0