Penacook
Kevin Morrill heaved the full weight of his body against the haunch of a "fresh" cow, one that had just given birth, in a barn on his family's Penacook dairy farm. He wanted to get her up and moving to the milking parlor. But she was weak from the efforts of birthing the night before, her stillborn calf half-buried…
November 29, 2009
Determining how much a dairy farmer is paid for his milk is a complicated business. The U.S. Department of Agriculture sets a floor price for all wholesale milk sales. That price is based on the commodity prices for storable milk: cheese, butter and nonfat dry milk. While milk buyers can offer more money in times of shortages, the buying price sticks pretty close to the floor. In…
November 29, 2009
A tri-state meeting among legislators to discuss the fate of FairPoint Communications set for today has been canceled. New Hampshire legislators will still meet to discuss the status of the company, which is now in bankruptcy court. The meeting of New Hampshire, Maine and Vermont legislative leaders was planned before FairPoint filed for bankruptcy. The group issued a joint statement…
November 12, 2009
Now that the fate of FairPoint Communications has moved out of the state's jurisdiction and into a New York bankruptcy court, it's hard to know how much leverage state officials will have in protecting New Hampshire's interests. The state was a major player in brokering the settlement agreement that ended the three-year bankruptcy of Public Service of New Hampshire that began in…
November 8, 2009
New London
Becky Field of New London, a retired wildlife biologist, has traveled Interstate 89 enough to know that the risk of hitting animals on the road is high, especially during fall months when they are on the move. She was mindful of the possibility of hitting a deer or a moose as she drove southbound from Lebanon about 6:30 Sunday night, flicking her high beams on when there were no…
November 4, 2009
Bow
The acting chairman of a state council charged with hearing a case on Public Service of New Hampshire's Bow power plant is a former employee of the company. The state chapter of the Sierra Club, which is appealing a state permit issued for the plant, wants him disqualified from the case. PSNH is building a $457 million scrubber to capture emissions of the neurotoxin mercury and…
November 3, 2009
FairPoint Communications's plans for expanding broadband in the northern counties of New Hampshire depend largely on whether it secures $10.8 million in federal stimulus money. How the company's applications for that money will be affected by its filing for bankruptcy protection this week is unclear. The company has three New Hampshire grants before the National Telecommunications…
October 29, 2009
FairPoint Communications has reached an agreement with a group of its lenders to reduce its debt by more than $1 billion, but it comes with conditions, according to Monday's bankruptcy filing. Among them: at least $30 million in concessions from its 1,450 union workers in New Hampshire, Maine and Vermont. The unions, which are working together with shared counsel and bankruptcy…
October 28, 2009
FairPoint Communications will appear before a New York judge this afternoon to begin a Chapter 11 bankruptcy proceeding. The company filed for bankruptcy protection yesterday, about a year and a half after purchasing Verizon's landline network in New Hampshire, Maine and Vermont with high hopes for expanding services…
October 27, 2009
A 1 p.m. hearing on the company's "first day pleadings," including motions to preserve customer programs and employees' wages and benefits, is scheduled for today in a New York bankruptcy court. Those motions are largely procedural. Legislative leaders from New Hampshire, Maine and Vermont will meet Nov. 12 at 1 p.m. at the Legislative Office Building in Concord in rooms 210-211.…
October 27, 2009