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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 …

Cubans sound unusually open to Kerry call for democracy

Saturday, August 15, 2015

The blazing Caribbean sun rose Saturday on a U.S. flag flying over Havana for the first time in 54 years and people discussing political reform with an openness that once would have been unimaginable in Cuba. Speaking before …

Evacuation ends after gun scare at New Orleans Wal-Mart

Saturday, August 15, 2015

A Wal-Mart store in New Orleans has re-opened after an apparent armed robbery attempt led to its evacuation. New Orleans police say a gunman entered the Wal-Mart Supercenter in the Gentilly neighborhood around its opening time of 6 a.m. Saturday. Police arrived and made sure all employees were …

Greece’s euro partners approve billions in new loans

Saturday, August 15, 2015

Finance ministers of the 19-nation euro single currency group on Friday approved the first 26 billion euros ($29 billion) of a vast new bailout package to help rebuild Greece’s shattered economy. The approval came after Greece’s parliament passed …

Apple said to delay TV service plans to 2016

Thursday, August 13, 2015

Apple customers waiting for the company to revolutionize live television as it did for music and phone service will have to keep waiting, at least until next year. The company wanted to introduce this year a live TV service delivered via the Internet, but is now aiming for …

China tries to lessen fears of devaluation

Thursday, August 13, 2015

China tried Thursday to ease fears of more big declines for the yuan as companies from global automakers to Chinese clothing exporters faced a new era of uncertain exchange rates. There is “no basis for persistent and substantial …

The ABCs of Google’s new name Alphabet

Tuesday, August 11, 2015

What’s in a name? Most corporate naming experts say Google’s decision to reorganize its businesses under a new holding company called “Alphabet” is close to letter perfect. Because it is part of Google’s corporate structure, Alphabet is not …

Hackers accused of making $100M by peeking at press releases

Tuesday, August 11, 2015

An international web of hackers and traders made $100 million on Wall Street by stealing a look at corporate press releases before they went out and then trading on that information ahead of the pack, federal authorities charged …

Greece accepts harsh new bailout terms, vows swift vote

Tuesday, August 11, 2015

Greece agreed to harsh terms for a new three-year bailout Tuesday and vowed to push it through parliament this week, despite mounting dissent in the ruling left-wing party. With the country facing the risk of a debt default …

Business notes for Aug. 10, 2015

Sunday, August 9, 2015

Liz Hause Interior Design of New London won the Company C Design Competition for a rug design based on an aerial photo of Florida crop circles. Service Credit Union recently presented a $1,000 contribution to the New Hampshire National Guard Enlisted Association. The donation will be used to …

Business people for Aug. 10, 2015

Sunday, August 9, 2015

Coleen Kearns was promoted to senior vice president of accounting and human resources at Wilcox & Barton in Concord. She has been the company’s controller for 15 years and has 35 years of engineering and consulting experience. Michael …