Lsno/fog
24°
Lsno/fog
Hi 28° | Lo 20°

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 …

Congress clears Keystone XL pipeline bill, setting up veto

Thursday, February 12, 2015

The Republican-controlled Congress cleared a bill yesterday to construct the Keystone XL oil pipeline, setting up a confrontation with President Obama, who has threatened to veto the measure. The House passed the bill on a 270-152 vote, endorsing …

Concord RadioShack locations not pegged to close

Thursday, February 12, 2015

Neither of Concord’s two Radio Shack locations are included on a list of stores expected to close as a result of the company’s bankruptcy proceedings. The company this week released a list of 1,784 stores pegged for closure, which includes locations in Bedford, Belmont, Goffstown, Lee, Merrimack, Pelham, …

In partnership with YMCA, Camp Spaulding will reopen in June

Thursday, February 12, 2015

This summer, Camp Spaulding in Penacook will offer just half of its usual scholarships for children from low-income families and those with incarcerated parents. The camp, which closed in its first session last summer due to a bedbug infestation, is still owned by the Manchester-based nonprofit Child and …

Anthem offers credit monitoring, identity theft services to customers following data breach

Thursday, February 12, 2015

Anthem is offering customers up to two years of credit monitoring and identity protection services as it tries to clean up after a recent, potentially wide-reaching data breach. The company will send instructions on how to sign up for these services via mail to “all impacted members, former …

Britain starts public trial of driverless cars

Wednesday, February 11, 2015

Driverless cars are hitting Britain’s public roads for the first time, giving a glimpse of future travel that’s billed as safer and more efficient. Britain unveiled four prototype self-drive cars yesterday, launching the country’s first public trials ahead …

Gas prices go up 9 cents in New Hampshire over last week

Tuesday, February 10, 2015

Gas prices are on the rise in New Hampshire, going up 9 cents per gallon in the past week to an average of $2.12. Gasbuddy.com, which surveyed 875 gas stations in New Hampshire, said that’s 5 cents less than the national average, which went up to $2.17 a …

Senator: Carmakers dismiss cyber threat

Monday, February 9, 2015

Automakers are cramming cars with wireless technology, but they have failed to adequately protect those features against the real possibility that hackers could take control of vehicles or steal personal data, a member of the U.S. Senate is …

Business people for Feb. 9, 2015

Sunday, February 8, 2015

Kevin Shaw was named Roche Realty Group’s top agent of 2014. He had more than $7.8 million in sales, in addition to rentals. He has been in the real estate industry since 2000 and has been in Roche …

Business notes for Feb. 9, 2015

Sunday, February 8, 2015

Blue Sky Hair Studio recently moved to 126 Loudon Road in Concord. The larger location provides the opportunity to expand the full-service salon. Brenda Litchfield of Concord Commercial represented Blue Sky Hair Studio in its expansion. The Meredith Village Savings Bank fund at the New Hampshire Charitable Foundation …

Google is seriously taking on telecom

Sunday, February 8, 2015

First it conquered search. Then it was online video and advertising. Now Google is turning its attention toward telecom – and it’s no experiment. In recent months, Google has said it’s bringing ultra-fast internet to at least 18 cities, including Atlanta and Nashville. It announced pilot tests of …